DEALER LOYALTY SHARE SCHEME

29 March 2018 Company Announcement DEALER LOYALTY SHARE SCHEME Turners Automotive Group is issuing shares as part of a dealer loyalty share scheme to reward its largest and most loyal referrers of finance and insurance customers. Both Oxford Finance and Autosure Insurance work with the dealer and broker channel to refer customers when they are in the process of purchasing a vehicle. The dealer share scheme enables Oxford Finance and Autosure Insurance to reward loyalty and commitment from the dealer network. "We believe incentives like the dealer share scheme create a strong sense of ownership from the dealer channel and aligns our objectives. It is also a very unique offer from a competitive position" said Chief Executive Officer Todd Hunter. The scheme measures a dealer's performance over a 6 month period based on the value of loans written and the value of insurance policies sold along with achieving some performance hurdles will receive $10 in TRA shares for every $1,000 in insurance policies sold or every $5,000 in loans sold. 30,914 shares have been issued recognising the business referred from July 1 2017 to Dec 31 2017. ENDS About Turners Turners Automotive Group Limited is an integrated financial services group, primarily operating in the automotive sector www.turnersautogroup.co.nz For further information, please contact; Todd Hunter, Chief Executive Officer, Turners Automotive Group Limited Mob: 021 722 818 Media Liaison and Assistance: Jackie Ellis, Mob: 027 246 2505 End CA:00316200 For:TRA Type:SECISSUE Time:2018-03-29 13:15:45