KMD: Notification of Dividend Exchange Rate

14 November 2017 To: New Zealand Stock Exchange Notice of Dividend Currency Exchange Rates - 2017 Final Dividend Name of Entities Kathmandu Holdings Limited ABN 139836918 On 26 September 2017 we announced a final dividend for the year ended 31 July 2017 of 9.0 NZ cents per share. The record date for the dividend was 13 November 2017. The following table details the currency exchange rate applicable for the dividend: Dividend 9.0 NZ Cents Exchange Rate Dividend per ordinary share in local currency Australian cents 0.9054 8.1486 The dividend will be paid on 24 November 2017. Regards Reuben Casey Company Secretary End CA:00310271 For:KMD Type:GENERAL Time:2017-11-14 09:55:55