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For the purposes of Listing Rule 7.12.1, the Manager of Vital Healthcare Property Trust, Vital Healthcare Management Limited, hereby advises the following new units have been issued: (a) Class of Security:Vital Healthcare Property Trust ordinary units ISIN: NZCHPE0001S4 (b) Number issued: 719,047 (c) Issue price: $2.043 per unit (d) Payment terms: Cash, pursuant to the Distribution reinvestment plan (e) Amount paid up: Fully paid (f) Percentage of Class of Securities issued: 0.17% of the total number of units on issue immediately prior to the issue of the new units (g) Reason for issue: Distribution reinvestment in respect of the distribution of 2.125 cents per unit payable on 23 March 2017 (h) Specific authority for issue: Distribution reinvestment plan (i) Terms of issue: The units will rank equally in all respects with existing ordinary units in the Trust (j) Total number of Securities of Class in existence after issue: 427,776,945 (k) Treasury Stock: Not applicable (l) Date of issue: 23 March 2017 - ENDS - ENQUIRIES Stuart Harrison, Chief Financial Officer Vital Healthcare Management Ltd, Telephone 09 973 7302, Email sharrison@vhpt.co.nz End CA:00298758 For:VHP Type:ALLOT Time:2017-03-23 11:30:26