Notification of issue of shares

For the purposes of NZAX Listing Rule 7.11.1, Solution Dynamics Limited (NZX: SDL) advises the following securities have been issued and allotted on 4 April 2018. These shares are issued under SDL's Employee Share Option Plan 2014. Class of Security: Ordinary shares Number issued or acquired: 310,000 Nominal value and issue price or acquisition price: N/A Whether payment was in cash: $0.375 per share Any amount paid up: Fully paid ordinary shares Percentage of the total Class of Securities issued: 2.18% Reason for the issue: Issue of shares following the exercise of share options pursuant to Solution Dynamics Employee Share Option Plan 2014. Authority for the issue: Board resolution. Terms or details of the issue: Effective 20 March 2014 the Board authorised the issue of share options to six key staff members - at an exercise price of $0.375 per share and which may be exercised by the participant (in whole or part) in the period from 3 years to 4.5 years from the date that they are granted. Total number of Securities after the issue 14,559,810 Date of issue: 4 April 2018 For further information, please contact: John McMahon Chairman +61-(0)410-411 806 End CA:00316353 For:SDL Type:SECISSUE Time:2018-04-04 15:08:38