Precinct Properties New Zealand Limited – Quote Basis

Memorandum To: Market Participants From: NZX Regulation Date: Monday, 18 December 2017 Subject: Precinct Properties New Zealand Limited ("PCTHA") - Quote Basis Message: NZX Regulation ("NZXR") advises that due an NZX operational error Precinct Properties New Zealand Limited ("PCT") convertible notes ("PCTHA") are not trading under the correct quote basis. As a result PCTHA will be in a trading halt until market close today. PCTHA will trade normally from market open, Tuesday, 19 December 2017. Please contact Client and Data Services on +64 4 496 2854 or cds@nzx.com with any queries. ENDS End CA:00312104 For:PCT Type:MEMO Time:2017-12-18 12:19:34