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Memorandum To: Market Participants From: NZX Client and Data Services Date: 17 March 2017 Subject: The New Zealand Refining Company Limited ("NZR") - Trading Halt of Securities Lifted Message: NZX Regulation ("NZXR") advises that, following the Substantial Shareholding Notice issued by BP New Zealand Holdings Limited, and Europa Oil NZ Limited, trading in The New Zealand Refining Company Limited ("NZR") has been resumed at 1:27 p.m. Please contact Client and Data Services on +64 4 496 2853 or cds@nzx.com with any queries. ENDS End CA:00298432 For:NZR Type:HALT Time:2017-03-17 13:36:02