Quotation Notice – Kiwi Property Group Limited Bonds

QUOTATION NOTICE: NZX DEBT MARKET KIWI PROPERTY GROUP LIMITED ("KPG030") BONDS Issuer: Kiwi Property Group Limited (KPG) Security Code: KPG030 ISIN: NZKPGD0030L5 Details of Issue: An offer of NZ$125,000,000 seven-year fixed-rate senior secured bonds Opening Date: Monday, 04 December 2017 Closing Date: 11:00am Tuesday, 12 December 2017 Interest Rate: 4.33% per annum Maturity Date: Thursday, 19 December 2024 Issue/Allotment Date: Tuesday, 19 December 2017 Interest Payment Dates: 19 December and 19 June of each year up to and including the Maturity Date Date of First Interest Payment: Tuesday, 19 June 2018 First Interest Paid To: Holder on Record Date Record Date: 5.00pm on the tenth calendar day before the relevant Interest Payment Date or Maturity Date or, if that day is not a Business Day, the next Business Day. Minimum Application Amount: $5,000 with multiples of $1,000 thereafter Minimum Holding: $5,000 Minimum Transferrable Amount: $1,000 Face Value: $1.00 per bond Organising Participant: Craigs Investment Partners Limited Joint Lead Managers: Deutsche Craigs Limited and Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch). Co-Managers: Bank of New Zealand and Forsyth Barr Limited Supervisor / Trustee Name: Public Trust Trust Deed Dated: Master trust deed dated 30 June 2014 (as amended from time to time) and supplemented by a supplemental trust deed dated 4 December 2017 entered into between Kiwi Property as issuer and Public Trust as supervisor (Supervisor) (together, the Bond Trust Documents). Registrar: Link Market Services Limited (LNKT) Settlement Status: NZCDC Settlement System Expected Commencement of Trading on the NZX Debt Market: Wednesday, 20 December 2017 Mark Peterson Chief Executive Officer NZX Limited 12 December 2017 End CA:00311800 For:KPG Type:OFFER Time:2017-12-12 15:55:50