NOTIFICATION OF ISSUE OF SECURITIES

NOTIFICATION OF ISSUE OF SECURITIES Auckland, New Zealand, 3 March 2017 - Fisher & Paykel Healthcare Corporation Limited (NZX:FPH, ASX:FPH) advises that the following securities were issued pursuant to the Company's 2012 and 2013 issue of options under the Fisher & Paykel Healthcare 2003 Share Option Plan. The issue of options and shares under the Plan were approved by the Board on 22 August 2012 and 27 August 2013 respectively. (a) Class of security Ordinary shares ISIN NZFAPE0001S2 (b) Number issued 144,500 (c) Issue price $2.06 (95,000 shares); $3.57 (49,500 shares) (d) Payment terms Refer (g) below (e) Amount paid up In full (f) Percentage of total class issued 0.02546% (g) Reason for issue 144,500 shares were issued to an employee exercising options issued under the 2012 and 2013 issues of the Fisher & Paykel Healthcare 2003 Share Option Plan based on exercise prices of $2.06 and $3.57. (h) Authority for issue Directors' resolution (i) Terms of issue The shares rank pari passu with the existing ordinary shares. (j) Total number of securities after issue 567,629,375 (l) Date of issue 3 March 2017 This advice is given under Listing Rule 7.12.1. End CA:00297793 For:FPH Type:ALLOT Time:2017-03-03 12:44:09