Cleansing Notice

Investore Property Limited ('Investore') gives notice under regulation 49G(2)(e) of the Financial Markets Conduct Regulations 2014 ('FMC Regulations') that it is making an offer for the issue of senior secured fixed rate bonds (the 'Bonds') (the 'Offer'). The Offer is being made using short-form disclosure under the simplified disclosure offer process as the Bonds will rank in priority to Investore's ordinary shares which are quoted on the NZX Main Board under the ticker code IPL. A copy of the product disclosure statement for the Offer is available at www.companies office.govt.nz/disclose under Investore's offer number (OFR12328). Investore's shares have been continuously quoted on the NZX Main Board over the preceding three months and trading in its shares has not been suspended for a total of more than five trading days during that three-month period. As at the date of this notice, Investore is in compliance with: o its continuous disclosure obligations that apply in relation to Investore's ordinary shares; and o its financial reporting obligations (as defined in regulation 49H(7) of the FMC Regulations). As at the date of this notice, there is no information that is "excluded information" (as defined in in regulation 49H(7) of the FMC Regulations) which is required to be disclosed. ENDS For further information please contact: Mike Allen, Chairman, Investore Property Limited Mobile: 021 606 134 - Email: mike.allen@investoreproperty.co.nz Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited as manager of Investore DDI: 09 913 1122 - Mobile: 021 230 3026 - Email: philip.littlewood@strideproperty.co.nz Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited as manager of Investore DDI: 09 913 1150 - Mobile: 021 536 406 - Email: jennifer.whooley@strideproperty.co.nz Louise Hill, General Manager Corporate Services, Stride Investment Management Limited as manager of Investore and Company Secretary of Investore DDI: 09 976 0352 - Mobile: 0275 580 033- Email: louise.hill@strideproperty.co.nz End CA:00315089 For:IPL Type:OFFER Time:2018-03-05 09:41:53