SPH Notice – Fisher Funds Management Limited

Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013 To New Zealand Exchange And To Summerset Group Holdings Limited Date this disclosure made: 28 February 2018 Date last disclosure made: 15 November 2017 Date on which substantial holding ceased: 27 February 2018 Substantial product holder(s) giving disclosure Full name(s): Fisher Funds Management Limited Summary of previous substantial holding Class of quoted voting products: Ordinary Shares Summary for Fisher Funds Management Limited For last disclosure,-- (a) total number held in class: 11,476,807 (b) total in class: 223,036,104 (c) total percentage held in class: 5.146% For current holding after ceasing to have substantial holding,-- (a) total number held in class: 10,739,407 (b) total in class: 223,968,019 (c) total percentage held in class: 4.795% Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: See attached. Additional information Address(es) of substantial product holder(s): Fisher Funds Management Limited, Level 1, 67-73 Hurstmere Road, Takapuna, Auckland Contact details: Angela Quirk, Angela@fisherfunds.co.nz, +64 9 487 2627 Nature of connection between substantial product holders: Fisher Funds Management Limited is the registered holder and non-beneficial owner of these securities Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: Not applicable Certification I, Angela Quirk, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. End CA:00314870 For:SUM Type:SHINTR Time:2018-02-28 10:24:26