Quotation Notice – Turners Automotive Group Ltd (“TRA100”)

QUOTATION NOTICE: NZX DEBT MARKET TURNERS AUTOMOTIVE GROUP LIMITED ("TRA100") BONDS Issuer: Turners Automotive Group Limited (TRA) Security Code: TRA100 ISIN: NZTRADT003C7 Details of Issue: An offer of up to NZ$25,000,000 of secured subordinated fixed rate bonds with the ability to accept up to $5 million oversubscriptions at Turners' discretion Opening Date: Tuesday, 28 August 2018 Closing Date: 12:00pm Monday, 24 September 2018 Interest Rate: 5.5% per annum Maturity Date: Thursday, 30 September 2021 Issue/Allotment Date: Monday, 1 October 2018 Interest Payment Dates: 30 March, 30 June, 30 September and 30 December in each year up to and including the Maturity Date Date of First Interest Payment: Sunday, 30 December 2018, as this date falls on a non-business day, payment will be made to holders on Monday, 31 December 2018 First Interest Paid To: Holders of Bonds as at the relevant Record Date Record Date: 5.00pm on the tenth day before the due date for that payment or, if that day is not a Business Day, the preceding Business Day Minimum Application Amount: NZ$2,000 and in multiples of NZ$1,000 thereafter Minimum Holding: $1,000 Minimum Transferrable Amount: $1,000 Face Value: $1.00 per bond Joint Lead Manager/Organising Participant: First New Zealand Capital (FNZC) Joint Lead Manager: ANZ Bank New Zealand Limited Supervisor / Trustee Name: Public Trust Trust Deed Dated: Tuesday, 28 August 2018 Registrar: Computershare Investor Services (RMLT) Settlement Status: NZCDC Settlement System Expected Commencement of Trading on the NZX Debt Market: Tuesday, 2 October 2018 Mark Peterson Chief Executive Officer NZX Limited 28 August 2018 End CA:00322950 For:TRA Type:OFFER Time:2018-08-28 17:09:46