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NZX and Media Release 9 October 2018 CFO Resignation National furniture and appliance retailer Smiths City today announces Chief Financial Officer Celia Mearns has resigned due to personal reasons. She will leave the company in the middle of November. Chief Executive Roy Campbell said: "We thank Celia for the significant contribution she has made. Since joining us in November she has built a strong and enthusiastic team around her and significantly enhanced our financial management and reporting processes. We are sorry to see her go and wish her well for the future." Ms Mearns said: "I am sorry to be leaving Smiths City and I have enjoyed my time at the company. Smiths City is an iconic brand with a very capable executive team and Board to take the company forward. I would like to thank the Board and Smiths City team for their support over the last year." Smiths City has commenced a search for a replacement. For more information contact: Investors Roy Campbell Chief Executive. +64 3 983 3000 roy.campbell@smithscity.co.nz Media Richard Inder The Project +64 21 645643 richard@theproject.co.nz End CA:00325036 For:SCY Type:GENERAL Time:2018-10-09 08:57:02