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Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To NZX and To ikeGPS Group Limited Date this disclosure made: 5 January 2017 Date on which substantial holding began: 22 December 2016 Substantial product holder(s) giving disclosure Full name(s): Scobie Ward Summary of substantial holding Class of quoted voting products: ordinary shares Summary for Scobie Ward For this disclosure,-- (a) total number held in class: 3,617,284 (b) total in class: 64,270,910 (c) total percentage held in class: 5.6% Details of relevant interests Details for Scobie Ward Nature of relevant interest(s): registered holder and beneficial owner of financial products. For that relevant interest,-- (a) number held in class: 3,617,284 (b) percentage held in class: 5.6% (c) current registered holder(s) prior to transfers: N/A (d) registered holder(s) once transfers are registered: Scobie Ward For a derivative relevant interest, also-- (a) type of derivative: N/a (b) details of derivative: N/a (c) parties to the derivative: N/a (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: N/a Details of transactions and events giving rise to substantial holding Details of the transactions or other events requiring disclosure: On-market purchases Additional information Address(es) of substantial product holder(s): 2608, 26th Floor,two Exchange Square, Central, Hong Kong Contact details: John Terence Andrews, 04 495 8181, john.andrews@forsythbarr.co.nz *Nature of connection between substantial product holders: N/A Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: N/a Certification I, John Terence Andrews, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. End CA:00295204 For:IKE Type:SSH Time:2017-01-05 13:30:26