Notice of issue of shares in relation to Capital Raising

27 April 2018 NOTICE OF ISSUE OF SHARES IN RELATION TO CAPITAL RAISING Fletcher Building Limited (Fletcher Building) hereby notifies that it will today issue 108,500,504 new ordinary shares in the company (New Shares) to certain of its institutional shareholders and other institutional investors following the close of the institutional entitlement offer and institutional bookbuild components of its fully underwritten 1 for 4.46 pro rata accelerated entitlement offer of New Shares announced on 17 April 2018 (Offer). The following information is supplied pursuant to NZSX Listing Rule 7.12.1. Class of security: Ordinary Shares ISIN: NZFBUE0001S0 Number of securities issued: 108,500,504 New Shares Issue price: NZ$4.80 per New Share or A$4.51 per New Share Payment in cash: Yes Any amount paid up: Fully paid up Percentage of total class of securities issued: 15.57% of the total ordinary shares on issue prior to the issue of New Shares. Reason for the issue: Issued in connection with the close of the institutional entitlement offer and institutional bookbuild components of the Offer. Specific authority for the issue: Resolution of Directors dated 16 April 2018 Terms or details of the issue: As described in the Offer Document dated 17 April 2018. The New Shares are of the same class as, and rank equally with, Fletcher Building's existing fully paid ordinary shares which are quoted on the NZX Main Board and ASX. Total number of securities of the class in existence after issue: 805,540,944 Ordinary Shares Date of issue: 27 April 2018 Charles Bolt Group General Counsel & Company Secretary End CA:00317251 For:FBU Type:SECISSUE Time:2018-04-27 09:36:16