New Dates for Annual Meeting and Director Nominations

Vector Limited (NZX: VCT) advises that its Board has met to consider a request from its major shareholder, the trustees of Entrust, to call a special meeting of shareholders in addition to the originally scheduled annual shareholder meeting (ASM), which was to be held on 29 October 2018. In recognition and consideration of the time and process required for the Entrust trustees to take office following the Entrust election that is to be held on 26 October 2018, and to enable them to be fully prepared and informed in the performance of their duties including ASM resolutions that they will be required to vote on, the Board has resolved to change the date of the Vector annual shareholder meeting from 29 October 2018 to 12 November 2018. Given the proximity of the ASM, the resolutions requested by Entrust will be put to the annual meeting. The new closing date and time for receipt of nominations for election to the board of directors of Vector Limited is 5.00pm on Monday, 24 September 2018. Any nominations already received in respect of the previous meeting date, including from the trustees of Entrust, will be recognised as valid nominations. Any further Director nominations must be sent to: Company Secretary Vector Limited 101 Carlton Gore Road PO Box 99882 Newmarket, Auckland 1149 New Zealand ENDS About Vector Vector is New Zealand's leading multi-network infrastructure company which delivers energy and communication services to more than one million homes and businesses across the country. Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.1%, is Entrust. For further information, visit www.vector.co.nz Contact MEDIA QUERIES: Richard Llewellyn Head of Corporate Communications Mobile 027 523 2362 ANALYST QUERIES: Dan Molloy Chief Financial Officer Mobile 021 441 311 End CA:00323478 For:VCT Type:GENERAL Time:2018-09-06 09:15:03