KFL – Issue of Securities – 29 March 2018

29 March 2018 ISSUE OF SECURITIES The following information is provided in accordance with Listing Rule 7.12.1 a) Class of Security and ISIN: Ordinary Shares NZKFLE0001S0 b) Number of Ordinary Shares issued: 1,635,848 c) Issue Price: $1.2775 d) Payment: Issue of shares under Dividend Reinvestment Plan. 823,636 shares are issued from treasury stock and 812,212 by way of new shares issued. e) Amount paid up: Fully paid up f) Principal terms: Same terms as those Ordinary Shares already on issue g) Percentage of the total Class of Securities issued after the issue: 0.8568% h) Reason for the issue: Dividend Reinvestment Plan i) Specific authority for the issue: Directors resolution and in accordance with Listing Rule 7.3.10 (e) j) Terms or details of the issue: The Shares rank equally with existing Ordinary Shares k) Total number of Securities of the Class in existence after the issue: 190,935,279 Ordinary Shares (excluding treasury stock of 15,000) l) N/A m) Date of issue: 29 March 2018 ______________________ Alistair Ryan - Chair Kingfish Limited End CA:00316194 For:KFL Type:SECISSUE Time:2018-03-29 12:10:25