Update on impact of Ex-Cyclone Gita

21 February 2018 New Zealand King Salmon (NZX and ASX:NZK) Market Update 21 February 2018 Update on the impact of ex-Cyclone Gita All team members are safe and accounted for. There has been no damage to any NZ King Salmon facilities, nor has there been any loss of fish from the storm. Our hatchery at Te Waikorupupu Springs near Takaka is currently isolated, as is the rest of the Golden Bay region, due to road closures on the Takaka Hill. Operating on backup generators overnight, electricity has now been restored. Depending on the timing of road re-opening we will have contingency plans available for moving feed or other required supplies by alternative means. Road closures and air or road supply chain disruptions in other parts of New Zealand are expected to only cause minor temporary impact. At this point we don't anticipate any material short or long term impact on our business. ENDS Contact information: Grant Rosewarne, CEO, Mob: 027 246 0980, email: grant.rosewarne@kingsalmon.co.nz About New Zealand King Salmon New Zealand King Salmon is the world's largest aquaculture producer of the premium King salmon species. We operate under our four key brands: Ora King, Regal, Southern Ocean, and Omega Plus, as well as the New Zealand King Salmon label. We have been growing and selling salmon to consumers for more than 30 years. Today we employ around 500 people. More information can be found at www.kingsalmon.co.nz End CA:00314525 For:NZK Type:GENERAL Time:2018-02-21 10:49:45