Allotment of Shares

Chatham Rock Phosphate Limited Allotment of Shares Chatham Rock Phosphate Limited's (NZX: CRP, TSX.V: NZP) rights issue offer (Rights Issue) closed on 24 November 2017. The Rights Issue has raised approximately NZ$549,000 in new capital. CRP has today issued 1,372,830 ordinary shares (Shares) to existing shareholders in accordance with the Rights Issue. The issue price of the Shares is NZ$0.40. Shares issued pursuant to the Rights Issue are subject to a statutory hold period in Canada expiring on 1 April 2018. The Board thanks shareholders for their support. Full details of the allotments are set out in the attached. For and on behalf of the Board, Chris Castle Managing Director Email: chris@widespread.co.nz End CA:00311209 For:CRP Type:CORPACT Time:2017-11-30 13:21:21