Notification of allotment of securities

Market release 27 June 2018 Notification of allotment of securities For the purposes of Listing Rule 7.12.1, Auckland Council (Council) advises that the following securities have been issued on 27 June 2018 and will be quoted on the NZX Debt Market from 28 June 2018: (a) Class of security Fixed Rate Bonds ISIN NZAKCDT453C0 (b) Number issued 200,000,000 (c) Nominal value NZ$200,000,000 Issue price NZ$1.00 (d) Payment in cash Yes (e) Amount paid up Fully paid (f) Principal terms of the securities (other than for Quoted Securities) The principal terms of the fixed rate bonds are set out in the product disclosure statement dated 12 June 2018 and the final terms sheet dated 21 June 2018. (g) Percentage of class of securities issued 100% (h) Reason for issue The net proceeds from the issue of the fixed rate bonds are intended to be allocated in accordance with Auckland Council's Green Bond Framework to the financing of Eligible Assets or the refinancing of corporate debt that supports Eligible Assets, in each case that align with the Eligible Sectors. (i) Specific authority for issue Not applicable. (j) Terms of issue As set out in the product disclosure statement dated 12 June 2018 and the final terms sheet dated 21 June 2018. (k) Number of securities of the Class in existence after issue 200,000,000 (l) Treasury stock Not applicable (m) Date of issue 27 June 2018 End CA:00320015 For:AKC Type:OFFER Time:2018-06-27 15:32:41