1 for 10 Rights Issue

KEY TERMS OF THE OFFER Issuer : Enprise Group Limited. Eligible Shareholders : A Shareholder with a registered address in New Zealand at 5.00pm (NZ time) on the Record Date A Wholesale Shareholder with a registered address in Australia at 5.00pm (NZ time) on the Record Date Application Price : NZD $1.39 per New Share, which sum is payable by shareholders with a registered address in New Zealand, or AUD $1.28 per New Share which sum is payable by Wholesale Shareholders with a registered address in Australia. The Application price represented a 30.5% discount to the current market price for the Company's shares as at the date of the announcement of this Offer to the market. Offer size : Approximate amount to be raised under the Offer: NZD $1,185,203. New Shares : The same class as (and ranking equally with) Existing Shares at the time of allotment of the New Shares. Shares currently on issue 8,526,645. Number of New Shares being offered : Up to 852,664 New Shares. The Offer : A pro rata entitlement offer of 1 New Share for every 10 Existing Shares held at 5.00pm (NZ time) on the Record Date, with fractional entitlements being rounded down to the nearest share. There is no rights trading. New Shares not taken up or attributable to Ineligible Shareholders may be offered to Wholesale Investors by the Issuer at the discretion of the Board. How to apply : An application by an Eligible Retail Shareholder must be made on the personalised Entitlement and Acceptance Form that has been provided, accompanied with payment in New Zealand dollars. Underwriting : The Offer is not underwritten. IMPORTANT DATES Record Date 5.00pm (NZ time), 3 November 2017 Dispatch of Offer Documents and Entitlement and Acceptance Forms : 6 November 2017 Offer opens : 10.00am (NZ time), 6 November 2017 Offer closes (Closing Date) : 5.00pm (NZ time), 24 November 2017 Settlement of Retail Entitlement Offer, and commencement of trading of allotted New Shares on the NZAX Market 30 November 2017 The dates above are subject to change and are indicative only. Enprise Group reserves the right to amend this timetable (including by extending the Closing Date) subject to applicable laws and the Listing Rules. Enprise Group reserves the right to withdraw the Offer at any time at its absolute discretion. Elliot Cooper Chief Executive Officer elliot@enprise.com End CA:00309009 For:ENS Type:OFFER Time:2017-10-20 08:30:58