AIAL Dividend Reinvestment Plan strike price and FX rate

Market Release 16 October 2017 Dividend Reinvestment Plan strike price and FX rate for 2017 final dividend Auckland Airport advises that the strike price for the Dividend Reinvestment Plan operating in respect to the dividend payable on 20 October 2017 has been set at NZ$6.1055 per share. The strike price is inclusive of a 2.5% discount. This strike price will apply in calculating the number of shares to be issued to participants who have elected to receive additional shares rather than cash. The strike price has been determined in accordance with the terms of the Dividend Reinvestment Plan and is calculated as 97.5% of the volume weighted average sale price of Auckland Airport shares sold on the NZX Main Board over a period of five business days starting on 5 October 2017. The company also advises that the foreign exchange rate used for the payment of the dividend on 20 October 2017 to Australian investors in AUD has been set at 0.9092. Ends For further information, please contact: Suzannah Steele +64 9 257 7043 +64 27 203 2822 suzannah.steele@aucklandairport.co.nz End CA:00308742 For:AIA Type:MKTUPDTE Time:2017-10-16 14:16:01