WKSHA – Interest Rate Reset

Memorandum To: Market Participants From: NZX Product Operations Date: 15 June 2018 Subject: WKSHA - Interest Rate Reset Message: Following the announcement made by Works Finance (NZ) Limited ("WKS") on 15 June 2018, NZX Operations ("NZXO") advises that the dividend rate payable on WKS Preference Shares ("WKSHA") has been reset to 6.15% per annum with effect from Friday, 15 June 2018. The dividend rate reset will be reflected in our trading system from market open Monday, 18 June 2018. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00319446 For:DOW Type:MEMO Time:2018-06-15 15:48:03