SSH – Salt Funds Management Limited

Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To NZX Limited and To Stride Property Ltd & Stride Investment Management Ltd - SPG Date this disclosure made: 17 March 2017 Date on which substantial holding began: 15 March 2017 Substantial product holder(s) giving disclosure Full name(s): Salt Funds Management Limited Summary of substantial holding Class of quoted voting products: Stride Property Group Stapled Securities Summary for Salt Funds Management Limited For this disclosure,-- (a) total number held in class: 18,268,060 (b) total in class: 364,456,209 (c) total percentage held in class: 5.012% Details of relevant interests Details for Salt Funds Management Limited Nature of relevant interest(s): Investment Manager For that relevant interest,-- (a) number held in class: 18,268,060 (b) percentage held in class: 5.012% (c) current registered holder(s): (d) registered holder(s) once transfers are registered: See Annexure 1 Details of transactions and events giving rise to substantial holding Details of the transactions or other events requiring disclosure: On 15 March 2017 and the four months prior, Salt Funds Management undertook the following transactions as part of normal on-market trading activities - See attached Additional information Address(es) of substantial product holder(s): Level 3, The Imperial Buildings, 44 Queen Street, Auckland 1050 Contact details: Julia Diepbrink, Telephone: 09 869 2933, Email: Julia.diepbrink@saltfunds.co.nz Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: Not applicable. Certification I, Julia Diepbrink, 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. ANNEXURE 1 - Attached End CA:00298442 For:SPG Type:SSH Time:2017-03-17 16:45:01