McMillan Shakespeare Limited : Coalition statement on FBT on motor vehicles

3 September 2013

Manager Company Announcements

ASX Limited

Level4

20 Bridge Street

SYDNEY NSW 2000

By E-lodgement McMillanShakespeareGroup

McMIIIon Shakespeare Limited

ABN 74 107 233 983 AFSL No. 299054

The Tower,Melbou111e Centrai, Floor21,360 Elizobelh Slreet, Melbourne VIC 3000

Phone: [phone]

Fax.[phone]

Web : www.mmsg .co m.au

Please find attached an open letter signed by the Leader of the Opposition and the Shadow Treasurer confirming the Coalition's position in relation to Labor's proposed motor vehicle FBT changes.

This is a written confirmation of previous policy statements and, should the Coalition be declared the winner of the election, also provides clarity that our Group Remuneration Services segment can commence moving back to business as usual immediately.

Yours faithfully

McMillan Shakespeare Limited

Mark Blackburn

Chief Financial Officer and Company Secretary

The Hon Tony AbbottMHR

Leader of the Opposition

3 September 2013

Open Letter to tbe Australian Car Industry, Employers and Employees

The Coalition understands the importance of business and consumer confidence and wants confidence to retum to Australia's car sector.

We want Australians to know that they can buy or lease a new motor vehicle with confidence, secure in the knowledge that a Coalition Govemment will not proceed with the Labor Govemment's poorly thought through changes to Fringe Benefits Tax arrangements on cars.

The car industry and the tens of thousands of people affected directly and indirectly by

Labor's changes deserve better than policy created on the run with no consultation with industry or stakeholders.
You and your customers can rest assured that ifwe are elected, Labor's FBT changes will become null and void.
In the event the Coalition is elected on 7 September, we encourage alt stakeholders, including employers and employees engaged in salary sacrifice programs, to urgently and immediately retum to norma!trading activity in order to repair the damage done by this ill-considered Labor announcement.

In particular, we want to acknowledge the role that the leasing and salary packaging industry plays in assisting with new car sales, generating demand and, therefore, generating jobs.

Australians should know that the Coalition supports their efforts and wants them to succeed.

You have our support now and into the future. Yours sincerely

TONY ABBOTT

Leader ofthe Opposition

JOEHOCKEY Shadow Treasurer

Parliament House Canberra ACT 2600

Tel [phone] Fax [phone] www.tonyabbott.com.au