Annual Shareholder Meeting Results

30 March 2017 Market Information NZX Limited Level 1, NZX Centre 11 Cable Street Wellington New Zealand Company Announcements Office ASX Limited Exchange Centre Level 6, 20 Bridge Street Sydney NSW 2000 Australia Tower Limited - Annual Shareholder Meeting Results Tower Limited (NZX/ASX: TWR) is pleased to advise that the following resolutions were passed at its Annual Meeting of shareholders held on 30 March 2017. Director elections: Michael Stiassny was re-elected as a director. Graham Stuart was re-elected as a director. Auditor re-appointment: The meeting recorded the reappointment of PricewaterhouseCoopers as auditor of Tower Limited and authorised the directors to fix the auditor's remuneration. Voting details: Re-elect Michael Stiassny as a director: For: 66,757,394 Against: 467,881 Total votes received: 67,225,275 Re-elect Graham Stuart as a director: For: 66,831,319 Against: 201,093 Total votes received: 67,032,412 Record the reappointment of PricewaterhouseCoopers as auditor of Tower Limited and authorise the directors to fix the auditor's remuneration: For: 66,589,972 Against: 379,644 Total votes received: 66,969,616 David Callanan Company Secretary Tower Limited ARBN 088 481 234 Incorporated in New Zealand ENDS End CA:00299084 For:TWR Type:MEETING Time:2017-03-30 14:22:38