18 July 2017

Lapse of performance rights

The Company advises that 263,645 performance rights have lapsed as at 14 July 2017.

As a result, the balance of unlisted performance rights issued under the Company's Long Term Incentive Plan is:

373,240 - FY16 Allocation (performance period ending 30 June 2018) 627,993 - FY17 Allocation (performance period ending 30 June 2019) Total Performance Rights 1,001,233

For enquiries:

Brad Scale Company Secretary Tel: (07) 5588 8888

securityholder@villaworld.com.au

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