Notice of issue of Shares under Employee Equity Scheme

For the purposes of NZSX Listing Rules 7.12.1 and 7.12.9, Contact Energy Limited (Contact) advises that the following securities have been issued under its Employee Equity Scheme: Class of security: Ordinary Shares ISIN: NZCENE0001S6 Number of securities issued: 54,996 Issue price: Under the terms of Contact's Employee Equity Scheme: (a) 42,602 shares had no cash issue price; and (b) 12,364 shares were issued upon payment of $5.2186 (being the exercise price of the relevant options being converted) Payment in cash: NA Amount paid up: In full Percentage of total class of securities issued: 0.01% Reasons for the issue: Issue of ordinary shares upon exercise of options and share rights pursuant to Contact's Employee Equity Scheme. Specific authority for the issue: Resolution(s) of Directors dated 14 November 2012, 12 November 2013 and 15 October 2015. Terms or details of the issue: Terms of Contact's Employee Equity Scheme. The issued shares rank equally with other fully paid ordinary shares on issue. Total number of securities of the class in existence after the issue: 716,276,037 Ordinary Shares Date of issue: 4 December 2017 Listing Rule 7.12.9 Number of securities converted: 54,996 options and share rights issued pursuant to Contact's Employee Equity Scheme Number and class of securities into which have been converted: 54,996 Ordinary Shares Details of any interests or dividend conditions attaching to relevant securities: None Number of securities of the same class that remain to be converted: 6,297,762 options, 789,541 performance share rights and 605,761 deferred share rights Kirsten Clayton Company Secretary End CA:00311423 For:CEN Type:SECISSUE Time:2017-12-05 09:26:30