Market update EROAD

EROAD Limited (NZX: ERD) advises its Total Contracted Units for the nine months ended 31 December 2016 are as follows: Total Contracted Units* Total at Mar-16 36,953 Total at Dec-16 45,657 Units added in nine months 8,704 % growth in nine months 24% Established Market (Australia/New Zealand) Total at Mar-16 32,452 Total at Dec-16 39,964 Units added in nine months 7,512 % growth in nine months 23% Commercial Market (US) Total at Mar-16 4,501 Total at Dec-16 5,693 Units added in nine months 1,192 % growth in nine months 26% *Total Contracted Units is a non GAAP-measure used by EROAD which represents the total units subject to a customer contract and includes both Units on Depot and units pending installment. In order to provide investors with more regular guidance as to its operational performance, EROAD now publishes its Total Contracted Units on a quarterly basis. Total Contracted Units to 31 December 2016 are broadly in line with EROAD's expectations. Contact: Steven Newman, CEO on +64 9 927 4713 | steven.newman@eroad.com About EROAD EROAD is a leading transport technology and services company, headquartered in Auckland, New Zealand, with offices in Portland, Oregon. EROAD's in-vehicle technology and global electronic platform provides heavy transport operators with automated solutions to manage and pay road user charges, to meet regulatory and compliance obligations, and to provide a range of commercial services. www.eroad.com End CA:00295209 For:ERD Type:GENERAL Time:2017-01-05 17:11:08