Issue of Options to acquire Ordinary Shares

7 November 2017 Notice of issue of Options to acquire Ordinary Shares under Employee Equity Scheme The following information is provided in accordance with NZSX Listing Rule 7.12.1: Issuer: Contact Energy Limited Class of securities issued: Options to acquire ordinary shares, including cash exercise options (Options), Performance Share Rights (PSRs) and Deferred Share Rights (DSRs) ISIN: NZCENE0001S6 Number of securities issued: 1,148,119 Options; 274,347 PSRs; 309,212 DSRs Issue price: No consideration is payable for the issue of the Options, PSRs or DSRs The Options have a set exercise price of $5.5421 The PSRs and DSRs have a set exercise price of $0 Payment in cash: Not Applicable Any amount paid up (if not in full): Not Applicable Percentage of total class of securities issued: If Options, PSRs and DSRs exercised and converted into Ordinary Shares, 0.24% of Contact Energy Limited Ordinary Shares Reasons for the issue: Issue of Options, PSRs and DSRs pursuant to the Contact Energy Limited Employee Equity Scheme Specific authority for the issue: Resolution of Directors Terms or details of the issue: Issue of Options, PSRs and DSRs pursuant to the Contact Energy Limited Employee Equity Scheme. Options, PSRs and DSRs can be exercised subject to the attainment of exercise hurdles and, other than in exceptional circumstances, continued employment of the participating employee at the relevant test date(s). Total number of securities of the class in existence after the issue: 7,154,145 Options; 789,541 PSRs; 684,818 DSRs Date of issue: 7 November 2017 End CA:00309924 For:CEN Type:SECISSUE Time:2017-11-07 16:48:08