Single MaltBarrel Offer

Hand CraftedSingle Malt Whisky

General Information & Disclaimer

The McLaren Vale Distillery barrel purchase program has been designed to provide enthusiasts with a pathway for participation in our enterprise.

We wish to stress that the description of this barrel purchase program (Product Overview) does not take into account your own personal financial situation, objectives or needs. As such it should be clearly understood that this product overview is not a recommendation by The McLaren Vale Distillery, “we” or “the company” in regard to any investment in whisky products.

This product overview is not a Product Disclosure Statement, any form of disclosure advice or Prospectus subject to the Corporations Act 2001. The McLaren Vale Distillery, is not a financial services business, does not provide financial advice and is not regulated by the Australian Securities and Investment Commission or the Corporations Act of 2001 for that purpose. The product being offered is not a financial product and The McLaren Vale Distillery is not recommending to any person that the purchase of a barrel of whisky is appropriate to their needs.

Any prospective purchaser who is in any doubt as to the appropriateness of purchasing a barrel should consult their own financial adviser, solicitor or accountant.

The Offer

To assist in the growth of the distillery and meet the growing demand for bottled product, The McLaren Vale Distillery Pty Ltd (the company) is offering enthusiasts the opportunity of buying 100 litres of single malt whisky with a guaranteed buyback by the company on maturation - generally between 4 and 5 years after the barrel is filled. The number of barrels available for purchase will be limited and the buyback price represents an attractive commercial premium on the purchase price.

During the period of maturation (between 4 and 5 years) the barrels will be held in a government (ATO) approved Bond Store at the distillery. As soon as the whisky has matured the company guarantees to repurchase the whisky from you. The period of maturation can vary depending on a number of factors notably: • Climatic conditions • The size and type of the casks used • Construction of the Bond Store • Legal requirements

The whisky will be matured in 100 litre barrels (quarter casks). These smaller casks have a higher ratio of surface area of oak to volume of liquid than in the larger casks traditionally used by Scottish distilleries. The maturation period is characterised by the interaction with the oak and the evaporation of volatile esters. This occurs in a shorter period of time with these smaller barrels.

The Product

The McLaren Vale Distillery Pty Ltd guarantees that each barrel will be filled with a minimum of 100 litres of high quality single malt whisky. The whisky will be distilled by The McLaren Vale Distillery, 725 Chapel Hill Road, Blewitt Springs, using South Australian barley and water from the Southern Mount Lofty Ranges.

You will be given the option of choosing a barrel from a selection of certified barrels sourced and owned by The McLaren Vale Distillery. Once filled, the barrel will be stored in our government approved Bond Store for the full period of maturation.

Once your whisky has matured, The McLaren Vale Distillery Pty Ltd guarantees to repurchase the whisky at the price stated on the application form and corresponding with the actual period of maturation or 4 years whichever shall be the greater.

During the period of maturation the actual volume of whisky in the barrel reduces due to evaporation. This is quite normal and is known internationally as “The Angels Share”. You (the purchaser) understand and acknowledge that this normal process is beyond the control of the distillery. You (the purchaser) also understand that the reduction in volume has no effect on the buyback price as the price offered in the agreement is based on the original volume of whisky in the barrel.

Barrel Purchase Price

The purchase price of 100 litres of single malt whisky is shown on the Application Form enclosed with this booklet. The price includes:

• Preparation and cooperage of the barrel selected • Cost of all ingredients • Distilling process • Maturation handling fees • Transport movements between distillery and Bond Store • Insurance • Auditing costs • Management fees • Preparation of all documentation • Testing and recording as per government requirements • Ongoing monitoring of quality • Any licence fees required

On receipt of the purchase price of your whisky, The McLaren Vale Distillery Pty Ltd will advise you of the date your barrel will be filled. Once the barrel has been filled, it will be stamped with a number unique to you. In addition you will be issued with a Certificate of Ownership stamped with the number on the barrel containing your whisky. This certificate gives you clear title to your whisky.

Repurchase~ Guaranteed Buyback ~

The McLaren Vale Distillery Pty Ltd guarantees to repurchase the matured whisky during the buyback period stated on the Certificate of Ownership, and agreed by the company and the purchaser at the time of purchase (Between 4 and 5 years).

Your Certificate of Ownership, identified by a serial number unique to you, must be returned to the distillery at the time of repurchase.

The date of repurchase is determined when the whisky matures and will be sometime between 4 and 5 years after we received the payment price for your whisky. The price paid will be determined by the buyback option you elect on maturity of your whisky and in accordance with this document and your Certificate of Ownership.

The clear title to your whisky remains with you (the purchaser) until the Certificate of Ownership has been returned to the company, and you (the purchaser) have exercised one of the options available to you under the agreement.

The buyback period will be at least 4 years after purchase. Unless stated otherwise the company reserves the right to re-purchase the whisky at any stage.

Alternative Options

Available on Buyback

Option 1.On the maturity of your whisky you (the purchaser) may elect to forego the repurchase price and keep, for your own consumption, the entire contents of the barrel at that time. In this case you agree and acknowledge that the whisky is for your own private consumption and will not be for resale. You further agree that the whisky in your barrel will be bottled by The McLaren Vale Distillery at your cost. At the time of exercising this option, and before the whisky is bottled you must first pay the excise and any other government tax that falls due, together with the negotiated cost of bottling, any freight costs and return your Certificate of Ownership to us.

Option 2.You may elect to keep some of the whisky for your own consumption. If you choose this option you acknowledge and accept a pro rata reduction on the guaranteed repurchase price of your whisky. The method of calculating the pro rata reduction in the repurchase price is described on the application form and on your Certificate of Ownership.

You agree and acknowledge that the bottles you retain, are not for resale and are for your own private consumption only. The maximum number of 700ml bottles that you elect to keep is limited to 24 (2 cases of 12 bottles per case). The number of bottles you elect to retain will be bottled at your expense by The McLaren Vale Distillery Pty Ltd. Prior to taking receipt of the bottles you keep, you must pay all excise and any other tax due at that time on your bottles, together with the cost of bottling and any freight.

Restrictions

You agree and acknowledge that if you elect to remove your whisky, for whatever reason, to a Bond Store not under the control of The McLaren Vale Distillery Pty Ltd, then the guaranteed buyback under this agreement becomes null and void. You further agree and accept that the whisky is not for resale and is for your own private consumption only.

Purchase

You may purchase one or more barrels by completing the Application Form enclosed with this brochure, and posting it to The McLaren Vale Distillery Pty Ltd. PO Box 205 McLaren Vale SA. 5171.

Upon receipt of your Application Form, together with your payment, you will be advised of the date the barrel will be filled.

You will receive the Certificate of Ownership of your whisky once the barrel has been filled and allocated a number unique to you.

725 Chapel Hill RoadBlewitt Springs South Australia 5171

For further enquiries, please contact

John Rochfort0429 912 398

john@mvwhisky.com.au

www.themclarenvaledistillery.com.au

ABN 89 603 792 865