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Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 17 April 2018 Subject: Fletcher Building Limited ("FBU") and Fletcher Building Industries Limited ("FBI") - Trading Halt of Securities Message: NZX Regulation ("NZXR") advises that it has placed a trading halt on Fletcher Building Limited ("FBU") Ordinary Shares and Fletcher Building Industries Limited Capital Notes ("FBI120", "FBI130", "FBI140", "FBI150", "FBI160", and "FBI170"). The trading halt was placed at pre market open this morning. FBU and FBI have sought this trading halt while FBU undertakes an accelerated offer of ordinary shares to institutional shareholders and an institutional bookbuild. The outcome of this entitlement offer and bookbuild is expected to be released prior to market open on Friday 20 April 2018. Please contact NZX Product Operations on +64 4 496 2854 or productoperations@nzx.com with any queries. ENDS End CA:00316805 For:FBU Type:HALT Time:2018-04-17 08:30:35