CONFIRMATION OF SETTLEMENT OF AA CENTRE

NZX RELEASE 13 July 2018 CONFIRMATION OF SETTLEMENT OF AA CENTRE Asset Plus is pleased to confirm that settlement of the sale of the AA Centre, Albert Street, Auckland has occurred on 12 July 2018. Of the $47 million sale price, substantially all of the net proceeds have been applied towards debt repayment. An amount has been retained by Sky City until recladding works to the stairwell of the building are completed. For further information please contact: Bruce Cotterill Chairman Asset Plus Limited Mark Francis Managing Director, Augusta Funds Management Ltd Guy French-Wright Chief Operating Officer, Augusta Funds Management Ltd End CA:00320826 For:APL Type:TRANSACT Time:2018-07-13 08:56:24