Purchase of 54 Cook Street – confirmation of settlement

NZX RELEASE 31 October 2018 PURCHASE OF 54 COOK STREET, AUCKLAND - CONFIRMATION OF SETTLEMENT Augusta is pleased to confirm that settlement of the acquisition of 54 Cook Street, Auckland has occurred on the afternoon of 31 October 2018. Augusta's intention is to hold the asset on its balance sheet and to then use the property as a seed asset for a new open-ended Tourism Fund which is expected to launch in first quarter of calendar year 2019. Further announcements on the launch of the Tourism Fund will be made in the New Year. -ENDS- For further information, contact: Mark Francis Managing Director End CA:00326098 For:AUG Type:TRANSACT Time:2018-10-31 16:41:08