BRM – Issue of Securities – 31 March 2017

31 March 2017 ISSUE OF SECURITIES The following information is provided in accordance with Listing Rule 7.12.1 a) Class of security: Ordinary Shares ISIN: NZBRME0001S2 b) Number of ordinary shares issued: 1,165,027 c) Issue Price: $0.6012 d) Payment: Issue of shares under Dividend Reinvestment Plan. Nil shares are issued from treasury stock and 1,165,027 by way of new shares issued. e) Amount paid up: Fully paid up f) Principal terms: Same terms as those ordinary shares already on issue g) Percentage of the total class of securities issued (after the issue): 0.79% h) Reason for the issue: Dividend Reinvestment Plan i) Specific authority for the issue: Directors resolution and in accordance with Listing Rule 7.3.10 (e) j) Terms or conditions of the issue: The shares rank pari passu with existing ordinary shares k) Total number of ordinary shares in existence after the issue: 147,927,473 (excluding treasury stock of nil) l) N/A m) Date of issue: 31 March 2017 ___________________ Alistair Ryan - Chairman Barramundi Limited End CA:00299149 For:BRM Type:ALLOT Time:2017-03-31 11:14:53