COMPLETION OF MAJOR SHAREHOLDING CHANGES FOR GAZAL CORPORATION LIMITED [ASX: GZL]

6 October, 2016

Gazal Corporation Limited ("GZL" or "Company") is pleased to announce completion of the transactions announced by the Company on 23 September 2016.

For further information please contact the Company Secretary, Peter Wood on +61 2 9316 2801.

About Gazal Corporation Limited

Based in Sydney and listed on the Australian Securities Exchange, Gazal is a leading apparel supplier and retailer in Australasia. The Company jointly owns and manages PVH Brands Australia Pty Limited, a joint venture company ("the JV") in partnership with PVH Corp. (NYSE: PVH) one of the largest branded lifestyle apparel companies in the world. The JV licenses and operates PVH's iconic lifestyle apparel brands lead by Calvin Klein and Tommy Hilfiger as well as other licensed and JV owned brand names such as Van Heusen, Pierre Cardin, Bracks, Nancy Ganz, Spanx and HoldmeTight. In addition, Gazal owns and operates the Bisley Workwear brand.

Gazal Corporation Limited published this content on 06 October 2016 and is solely responsible for the information contained herein.
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