SSH – K One W One Limited

Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013 Note: This form must be completed in accordance with the instructions at the end of the form. To NZ Stock Exchange and To Pacific Edge Ltd Date this disclosure made: 17/02/2017 Date last disclosure made: 06/07/2015 Date on which substantial holding ceased: 17/02/2017 Substantial product holder(s) giving disclosure Full name(s): K One W One Limited Summary of previous substantial holding Class of quoted voting products: Ordinary shares Summary for K One W One Limited For last disclosure,-- (a) total number held in class: 20,286,297 (b) total in class: 376,543,478 (c) total percentage held in class: 5.39% For current holding after ceasing to have substantial holding, -- (a) total number held in class: 19,786,297 (b) total in class: 399,277,161 (c) total percentage held in class: 4.96% Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: Issue by the company of 17,500,000 shares pursuant to a private placement on 17 February 2017 resulting in dilution of K One W One Limited's holding below 5%. On market sales of 500,000 Pacific Edge shares between 10 February 2017 and 14 February 2017 for total aggregate consideration of $250,000. Additional information Address(es) of substantial product holder(s): Level 4, 4 Graham St, Auckland Contact details: Damon Crowe, Ph: (09) 379 2950 Certification I, Damon Crowe, 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:00296969 For:PEB Type:SSH Time:2017-02-17 15:57:14