Chorus Q2 FY18 Connections Update

MARKET ANNOUNCEMENT 18 January 2018 Chorus Q2 FY18 Connections Update Line trends for the Q2 period to 31 December 2017 were largely consistent with Q1 ototal fixed line connections declined by 23k to 1,559,000 (-20k in Q1) onon-broadband copper lines declined by 20k, (-17k in Q1) ototal broadband connections declined by 3k to 1,181,000 (-2k in Q1) Fibre uptake in UFB areas now 42%, up from 39% in September ofibre connections grew by 34k, vs 36k in Q1 o64% of mass market fibre connections on 100Mbps and 20,000 connections on gigabit service oVDSL growth slowed to 26k from 50k in Q1, reflecting retailer migration activity o58% of broadband connections now on VDSL or fibre, up from 53% at 30 September Adoption of video streaming continues to drive growth in data demand onew peak of 1,328 gigabits per second network throughput at 9:25pm on 10 December o174GB monthly average household data usage in December, up from 162GB in September ENDS For further information: Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 27 488 7808 Email: brett.jackson@chorus.co.nz End CA:00313152 For:CNU Type:MKTUPDTE Time:2018-01-18 08:36:42