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STOCK EXCHANGE ANNOUNCEMENT 4 April 2017 Dividend Reinvestment Plan: Notification of issue of securities Chorus Limited has issued 4,011,882 new shares under its Dividend Reinvestment Plan (DRP) as per the attached notices. Participation in the DRP for the FY17 interim dividend represents about 42% of Chorus' ordinary shares on issue. ENDS Nathan Beaumont Media and PR Manager Phone: +64 4 896 4352 Mobile: +64 (21) 243 8412 Email: Nathan.Beaumont@chorus.co.nz Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: Brett.Jackson@chorus.co.nz End CA:00299407 For:CNU Type:ALLOT Time:2017-04-04 16:45:19