Notice of Allotment of Securities

NZX RELEASE 9 MARCH 2017 NOTIFICATION OF ALLOTMENT OF SECURITIES For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, Summerset Group Holdings Limited advises the following securities have been issued: Class of securities issued Ordinary Shares ISIN NZSUME0001S0 Number of securities issued 300,000 Ordinary Shares Issue price $5.19 Payment in cash? Yes Any amount paid up (if not in full) Fully paid Percentage of total class issued (excluding treasury stock) 0.1% of the Ordinary Shares Reasons for the issue Issue of Ordinary Shares pursuant to Summerset's executive LTI plan Specific authority for the issue Directors' resolution dated 9 March 2017 Terms or details of the issue Issue of 300,000 Ordinary Shares pursuant to the terms of the Summerset's executive LTI plan Total number of securities of the class in existence after the issue (excluding treasury stock) 221,637,808 Ordinary Shares Date of issue 9 March 2017 For enquiries: Leanne Walker Company Secretary leanne.walker@summerset.co.nz 04 894 7361 or 029 770 8189 End CA:00298051 For:SUM Type:ALLOT Time:2017-03-09 11:43:40