DRP price and AUD dividend rate

STOCK EXCHANGE ANNOUNCEMENT 27 March 2018 DRP price and AUD dividend rate The price at which shares will be allotted under Chorus' Dividend Reinvestment Plan (DRP) for the FY18 interim dividend is NZ$3.78. The shares will be issued on 17 April 2018. The price was set based on the volume weighted average sale price of price setting trades of Chorus shares on the NZX Main Board taking place over a period of five trading days commencing on 19 March 2018, less a discount of 3%. The foreign exchange rate used for Chorus' FY18 interim dividend payable to Australian investors has been set at (NZD/AUD) $0.93265. The interim dividend of NZ$0.090 cents per share will be paid on 17 April 2018. A supplementary dividend of NZ$0.015 will also be paid on 17 April 2018 to shareholders who are not resident in New Zealand. A copy of Chorus' updated ASX Appendix 3A.1 is attached. ENDS For further information: Nathan Beaumont Media and PR Manager Phone: +64 4 896 4352 Mobile: +64 (21) 243 8412 Email: Nathan.Beaumont@chorus.co.nz Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: Brett.Jackson@chorus.co.nz End CA:00316084 For:CNU Type:OFFER Time:2018-03-27 10:57:21