Pyne Gould Corporation Limited (“PGC”) – Delisting

Memorandum To: Market Participants From: NZX Product Operations Date: 31 October 2018 Subject: Pyne Gould Corporation Limited ("PGC") - Delisting Message: Further to the announcement made by Pyne Gould Corporation Limited ("PGC") today, NZX Regulation ("NZXR") advises that PGC will be delisting from the NZX Main Board. The final day of trading in PGC will be Friday, 16 November 2018 prior to being suspended at close of business. PGC will be delisted and its ordinary shares will cease to be quoted from close of business on Tuesday 20 November 2018. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00326085 For:PGC Type:MEMO Time:2018-10-31 15:29:07