Notice of Allotment of Fixed Rate Bonds (“CCH010”)

6 December 2017 Notice of allotment of Fixed Rate Bonds The following information is provided in accordance with Listing Rule 7.12.1: Fixed Rate Bonds due 6 December 2022 Issuer: Christchurch City Holdings Limited Class of securities: Unsecured, unsubordinated, fixed rate bonds ISIN: NZCCHDT839C3 NZX Security code: CCH010 Number of bonds allotted: 150,000,000 Issue price: $1.00 per bond Interest Rate: 3.40% per annum Payment in cash: Yes Any amount paid up (if not in full): Bonds have been fully paid up Principal terms of the securities: Unsecured, unsubordinated, fixed rate debt securities with a maturity date of 6 December 2022 Percentage of total class of bonds allotted: 100% of the CCH010 bonds Reasons for the allotment: Allotment under the Final Term Sheet dated 29 November 2017 and Product Disclosure Statement (PDS) dated 16 November 2017. The proceeds of the offer will be used to fund special dividends to the Christchurch City Council and will also be used to repay existing Christchurch City Holdings Limited borrowing. Specific authority for the allotment: Resolution of directors Terms or details of the allotment: As set out in the Final Term Sheet dated 29 November 2017, PDS dated 16 November 2017, Master Trust Deed dated 15 November 2017 between Christchurch City Holdings Limited and Public Trust and Supplemental Trust Deed dated 15 November 2017 between Christchurch City Holdings Limited and Public Trust Total number of bonds in existence after the allotment: 150,000,000 Date of allotment: 6 December 2017 For further information: Leah Scales Chief Financial Officer Phone: +64 3 941 8817 Mobile: +64 21 309 489 Email: leah.scales@cchl.co.nz End CA:00311560 For:CCH Type:SECISSUE Time:2017-12-07 09:37:41