SSH Notice – Devon Funds Management Limited

Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX and To Pacific Edge Limited Date this disclosure made: 03/04/2017 Date on which substantial holding began: 03/04/2017 Substantial product holder(s) giving disclosure Full name(s): Investment Services Group Limited Summary of substantial holding Class of quoted voting products: Ordinary Shares Summary for Investment Services Group Limited (formerly Devon Funds Group Limited) For this disclosure,-- (a) total number held in class: 23,710,520 (b) total in class: 399,277,161 (c) total percentage held in class: 5.94% Details of relevant interests Devon Funds Management Limited and Clarity Funds Management Limited are investment managers and subsidiaries of Investment Services Group Limited Details for Devon Funds Management Limited Nature of relevant interest(s): Investment manager and related party of Investment Services Group Limited For that relevant interest,-- Summary for Devon Funds Management Limited (a) total number held in class: 23,710,520 (b) total in class: 399,277,161 (c) total percentage held in class: 5.94% Details for Clarity Funds Management Limited Nature of relevant interest(s): Investment manager and related party of Investment Services Group Limited For that relevant interest,-- Summary for Clarity Funds Management Limited (a) total number held in class: 0 (b) total in class: 399,277,161 (c) total percentage held in class: 0% For a derivative relevant interest, also-- (a) type of derivative: [eg, option or swap agreement] (b) details of derivative: [specify details required by the instructions to this form] (c) parties to the derivative: (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: Details of transactions and events giving rise to substantial holding Details of the transactions or other events requiring disclosure: Substantial holding due to business reorganisation on 03/04/2017 Additional information Address(es) of substantial product holder(s): Investment Services Group Limited, Level 10, 2 Commerce Street, Auckland 1010 Contact details: Chris Knight | P: 09 925 3978 | E: cknight@devonfunds.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: Devon Funds Management Limited gave notice on 04/08/2015 Certification I, Chris Knight, 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. End CA:00299311 For:PEB Type:SSH Time:2017-04-03 16:37:30