Cleansing notice -Same class offer – senior secured bonds

Cleansing notice -Same class offer of fixed rate senior secured bonds Precinct Properties New Zealand Limited (Precinct) gives notice under clause 20(1)(a) of Schedule 8 of the Financial Markets Conduct Regulations 2014 (Regulations) that it proposes to make an offer for the issue of fixed rate senior secured bonds (Bonds) in reliance upon the exclusion in clause 19 of Schedule 1 of the Financial Markets Conduct Act 2013 (FMCA). The Bonds will have identical rights, privileges, limitations and conditions (except for the interest rate and maturity date) as Precinct's bonds maturing on 17 December 2021, which have a fixed interest rate of 5.54% per annum and are currently quoted on the NZX Debt Market under the ticker code PCT010 (Existing Bonds), The Existing Bonds have been continuously quoted on the NZX Debt Market over the preceding three months and trading in the Existing Bonds has not been suspended for a total of more than five trading days during that three month period. As at the date of this notice, Precinct is in compliance with: (a) the continuous disclosure obligations that apply to it in relation to the Existing Bonds; and (b) its financial reporting obligations (as defined in clause 20(5) of Schedule 8 of the Regulations). As at the date of this notice, there is no information that is "excluded information" required to be disclosed for the purposes of clause 20(2)(e) of Schedule 8 of the Regulations. As at the date of this notice, there is no information that would be required to be disclosed under a continuous disclosure obligation or which would be "excluded information" (and required to be disclosed for the purposes of clause 20(2)(g) of Schedule 8 of the Regulations) if the Existing Bonds had had the same interest rate or maturity date as the Bonds. Ends For further information, please contact: Scott Pritchard Chief Executive Officer Office: +64 9 927 1640 Mobile: +64 21 431 581 Email: scott.pritchard@precinct.co.nz George Crawford Chief Operating Officer Office: +64 9 927 1641 Mobile: +64 21 384 014 Email: george.crawford@precinct.co.nz Richard Hilder Chief Financial Officer Office: +64 9 927 1645 Mobile: +64 29 969 4770 Email: richard.hilder@precinct.co.nz End CA:00310200 For:PCT Type:OFFER Time:2017-11-13 09:27:01