Dividend Reinvestment Strike Price

14 December 2017 Australian Property Fund (ASP) - Dividend Reinvestment Strike Price The Manager of the Australian Property Fund advises that the strike price for units, issued in lieu of dividend in respect of the distribution to be paid on 20th December 2017, is $1.45830 per unit. About Smartshares Smartshares is the pioneer of ETFs in New Zealand, launching the first ETF (TNZ - the NZ Top 10 Fund) in 1996. Smartshares is New Zealand's only issuer of ETFs listed on the NZX Main Board, with in excess of 12,000 unit holders and more than NZD $2 billion of funds under management. The Special Division of the New Zealand Markets Disciplinary Tribunal regulates Smartshares in a similar way to NZX Regulation's regulation of other listed issuers. Smartshares funds are listed on NZX so you can buy or sell them just like individual shares. The listed funds are designed to "track" (or, in some cases, outperform) an index. Each Smartshares ETF is designed to provide investors with similar returns to a direct investment in all the securities that make up the ETF. To learn more and obtain a copy of the Product Disclosure Statement for each of the ETFs please visit: www.smartshares.co.nz For further information please contact: Smartshares Limited 0800 80 87 80 smartshares@smartshares.co.nz End CA:00311951 For:ASP Type:MKTUPDTE Time:2017-12-14 11:06:03