Notification of Issue of Securities

NOTIFICATION OF ISSUE OF SECURITIES Auckland, New Zealand, 17 March 2017 - Fisher & Paykel Healthcare Corporation Limited (NZSX:FPH, ASX:FPH) advises that the following securities were issued pursuant to the Company's 2012 issue of options under the Fisher & Paykel Healthcare 2003 Share Option Plan. The issue of options and shares under the Option Plan was approved by the Board on 22 August 2012. (a) Class of security Ordinary shares ISIN NZFAPE0001S2 (b) Number issued 5,000 (c) Issue price $2.06 (5,000 shares) (d) Payment terms Nil refer (g) below (e) Amount paid up In full (f) Percentage of total class issued 0.00088% (g) Reason for issue 5,000 shares were issued to an employee exercising options issued under the 2012 issue of the Fisher & Paykel Healthcare 2003 Share Option Plan based on an exercise price of $2.06. (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 567,644,246 (l) Date of issue 17 March 2017 This advice is given under Listing Rule 7.12.1. End CA:00298415 For:FPH Type:ALLOT Time:2017-03-17 10:04:57