Treasury Wine Estates : Notice of Change of Interests of Substantial Shareholder 30 December 2016

Form605

CorporationsAct 2001 Section 671B

Notice of ceasing to be a substantial holder

To CompanyName/Scheme
ACN/ARSN
1. Details of substantial holder(1)
Name
ACN/ARSN (if applicable)
Theholder ceasedto bea substantial holder on	/	/
Thepreviousnoticewasgivento thecompanyon	/	/
Thepreviousnoticewasdated	/	/
2. Changes in relevant interests

Particularsof eachchangein, or changein thenatureof, arelevant interest (2)of thesubstantial holder or anassociate(3 ) invotingsecuritiesof thecompanyor scheme, sincethe substantial holder waslast requiredtogiveasubstantial holdingnoticeto thecompanyor schemeareasfollows:

Date of	Person whose	Nature of	Consideration	Class(6)and	Person's votes
change	relevant interest	change(4)	givenin relation	number of	affected
	changed		to change(5)	securities
				affected

1. Changes in association

   Thepersonswhohavebecomeassociates (3)of, ceasedtobeassociatesof, or havechangedthenatureof their association(7) with, thesubstantial holder in relationtovoting interests in thecompanyor schemeareasfollows:

   Name andACN/ARSN (if applicable)	Nature of association

2. Addresses

Theaddressesof personsnamedin this formareasfollows:

Name	Address

Signature

print name	capacity
sign here	date	/	/

* At a meeting of the Board on 22 November 2013, the Directors resolved to approve the delegation of the preparation and lodgement of substantial shareholder notices on behalf of BlackRock Investment Management (Australia) Limited.

DIRECTIONS

1. If there area number of substantial holders withsimilaror relatedrelevant interests (eg. a corporationandits relatedc orporations, or themanager andtrusteeof an equity trust), thenamescouldbeincludedinanannexure to theform. If therelevant interestsof agroupof personsareess entiallysimilar, theymaybereferredto throughout the formasa specifically namedgroupif themembership of eachgroup, with thenamesandaddressesof members isc learly set out in paragraph4 of the form.

2. See thedefinitionof "relevant interest" in sections608and671B(7)of theCorporationsAct 2001.

3. See thedefinitionof "associate" in section9 of theCorporationsAct 2001.

4. Includedetailsof:

5. anyrelevant agreement orother circumstancesbecauseof which thechangein relevant interest occurred. If subsection671B (4)applies, a copyof any document settingout the termsof anyrelevant agreement, anda statement by thepersongiving full andaccurate details of any contract, scheme or arrangement, must accompanythis form, together witha writtenstatement certifyingthiscontract, schemeor arrangement; and

6. anyqualificationof thepower of apersontoexercise, control theexerciseof, or influencetheexerciseof, thevotingpo wersor disposal of thesecuritiesto whichtherelevant interest relates(indicatingclearly theparticular securitiestowhichthequalificationapplies).

   See thedefinitionof "relevant agreement" in section9 of theCorporationsAct 2001.

7. Detailsof theconsiderationmust includeanyandall benefits,moneyandother, that anypersonfromwhoma relevant intere st wasacquiredhas, ormay, become entitledto receivein relationto that acquisition. Detailsmust beincludedevenif thebenefit isconditional onthehappen ingor not of acontingency. Detailsmust be includedof anybenefit paidonbehalf of thesubstantial holder or itsassociate inrelationto theacquisitions, evenif they arenot paiddirectly to thepersonfrom whom therelevant interest wasacquired.

8. Thevotingsharesof acompanyconstituteoneclassunlessdividedintoseparateclasses.

9. Givedetails, if appropriate, of thepresent associationandanychangein that associationsincethelast substantial holdi ngnotice.

Annexure A

This is Annexure A of 1 pages referred to in form 605 Notice of ceasing to be a substantial shareholder

Kayla Mulvihill, Authorised Signatory

30-Dec-16

Date

2. Changes in relevant interests

TREASURY WINE ESTATES LTD (TWE)

Date of Change

Person whose relevant interest changed

Nature of change (4) / Consideration given in relation to change (5)

CCY

Class (6) and number of securities affected

Person's votes affected

28-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	1,520	1,520
28-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	4,178	4,178
28-Dec-16	BlackRock Fund Advisors	on mkt buy	10.58	AUD	ord	16,247	16,247
28-Dec-16	BlackRock Fund Advisors	on mkt buy	10.58	AUD	ord	5,891	5,891
28-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	1,674	1,674
28-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-6,642	-6,642
28-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-19,926	-19,926
28-Dec-16	BlackRock Japan Co., Ltd.	collateral transfer	n/a	AUD	ord	-2,910	-2,910
28-Dec-16	BlackRock Advisors (UK) Limited	collateral transfer	n/a	AUD	ord	-1,041,892	-1,041,892

Annexure B

This is Annexure B of 1 pages referred to in form 605 Notice of ceasing to be a substantial shareholder

30-Dec-16

Kayla Mulvihill, Date

Authorised Signatory

7. Addresses

The addresses of persons named in this form are as follows:

Name Address

BlackRock Group

BlackRock Inc. 55 East 52nd Street

New York NY 10055 USA

BlackRock Advisors (UK) Limited 12 Throgmorton Avenue.

London, EC2N 2DL, United Kingdom

BlackRock Fund Advisors 400 Howard Street

San Francisco, CA, 94105 United States

BlackRock Japan Co., Ltd. Marunouchi Trust Tower Main, 1-8-3 Marunouchi,

Chiyoda-ku, Tokyo 100-8217 (Japan)