Takeover Offer – Extension of Offer Period

13 February 2017 Chatham Rock Phosphate Limited Level 1, 93 Terrace Wellington, 6011 New Zealand By email: chris@widespread.co.nz EXTENSION OF OFFER PERIOD We refer to the offer by Antipodes Gold Limited (AXG) of a full takeover for all of the equity securities in Chatham Rock Phosphate Limited (CRP), dated 23 December 2016 (as varied on 16 January 2017) (Offer). As at 3pm on 9 February 2017, AXG has received acceptances under the Offer from CRP shareholders equal to 86.022% of the total fully paid shares in CRP. The Offer closes at 5pm on 28 February 2017. AXG has decided to extend the Offer closing date from 5pm on 28 February 2017 to 5pm on 22 March 2017. The Offer is conditional on AXG receiving a certain level of acceptances, set out in the Offer document. To align with the extension of the Offer period, the latest date by which the Offer can become unconditional is now extended to 5pm on 22 March 2017. For and on behalf of Antipodes Gold Limited Peter Liddle Chief Financial Officer cc:The Takeovers Panel Level 3, Solnet House 70 The Terrace Wellington 6011 By email: takeovers.panel@takeover.govt.nz cc:NZX Limited Level 2, NZX Centre 11 Cable Street PO Box 2959 Wellington By email: announce@nzx.com End CA:00296634 For:CRP Type:TAKEOVER Time:2017-02-13 09:26:10