Chorus Q3 FY18 Connections Update

STOCK EXCHANGE ANNOUNCEMENT 13 April 2018 Chorus Q3 FY18 Connections Update The Q3 period to 31 March 2018 was characterised by a continued slowdown in line loss, with strong broadband demand in Chorus UFB zones o total fixed line connections declined by 16k to 1,543,000 (-23k in Q2), with most of the reduction in other fibre company zones as expected o non-broadband copper lines declined by 17k, (-20k in Q2) o total broadband connections grew by 3k to 1,184,000 (-3k in Q2) o broadband connections grew by 11k within Chorus UFB zones Fibre uptake in UFB areas now 43% o strongest ever quarter for fibre demand with 67k orders o 67% of mass market fibre connections on 100Mbps o 25% increase in 1Gbps connections to 25,000 o continued increase, albeit off a low base, of off-net "win-backs" where fibre now available Peak time data demand continues to surge o new peak record of 1,599 gigabits per second network throughput on 4 April 2018 o 185GB monthly average household data usage in March 2018, up from 174GB in December 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:00316721 For:CNU Type:MKTUPDTE Time:2018-04-13 08:31:34