Director Appointment

Marsden Maritime Holdings Ltd(MMH) Chair Sir John Goulter is pleased to announce that Mr Tony Gibson has been appointed to the MMH Board with effect from today. Tony has more than 30 years' experience in shipping and logistics and is currently Chief Executive Officer of Ports of Auckland Ltd. Sir John said, "We're delighted to welcome Tony to the Board, bringing as he does a wealth of experience in port and associated companies, including marina developments and transport logistics. He understands these industries very well and we look forward to his inputs contributing to the ongoing success of Marsden Maritime Holdings." With Mr Peter Griffiths' recent resignation and Tony's appointment, Marsden Maritime Holdings' Board will remain at six directors, the statutory requirement for designated port companies. Under Marsden Maritime Holdings Constitution, Tony is required to retire at the next Annual Shareholders' Meeting in October 2018 and stand for election by shareholders at that meeting. The Board has determined that Tony will be a non-independent director. Contact: Gavin Carroll COMPANY SECRETARY Ph: 022 106 3964 End CA:00316348 For:MMH Type:ADMIN Time:2018-04-04 13:25:01