Quotation Notice: Meridian Energy Limited (“MEL050”) Bonds

QUOTATION NOTICE: NZX DEBT MARKET MERIDIAN ENERGY LIMITED ("MEL050") FIXED RATE BONDS Company: Meridian Energy Limited ("MEL") Security Code: MEL050 ISIN: NZMELDT042C4 Details of Issue: An offer of NZ$150 million of unsecured, unsubordinated, fixed rate bonds with the ability to accept oversubscriptions of up to NZ$50 million at Meridian's discretion Opening Date: Monday, 11 June 2018 Closing Date: Friday, 15 June 2018 Interest Rate: To be set on Friday, 15 June 2018 Maturity Date: Friday, 27 June 2025 Interest Payment Dates: 27 June and 27 December of each year up to and including the Maturity Date Date of First Interest Payment: Thursday, 27 December 2018 First Interest Paid To: Holder on Record Date Record Date: 10 calendar days prior to the relevant payment date or, if that date is not a business day, the immediately preceding business day Minimum Application Amount: $5,000 and in multiples of $1,000 thereafter Minimum Holding: $5,000 Face Value: $1.00 per Bond Organising Participant/Joint Lead Manager: ANZ Bank New Zealand Limited, Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch) Deed Poll Dated: 1 December 2008 (as amended from time to time) as modified and supplemented by the Supplemental Trust Deed dated 11 June 2018. Issue Date: Wednesday, 27 June 2018 Registrar: Computershare Investor Services Limited (RMLT) Settlement Status: NZCDC Settlement System Expected Commencement of Trading on the NZX Debt Market: Thursday, 28 June 2018 Mark Peterson Chief Executive Officer NZX Limited 11 June 2018 End CA:00319163 For:MEL Type:OFFER Time:2018-06-11 10:04:55