Bond offer – updated terms sheet

An updated terms sheet for Kiwi Property Group Limited's (Kiwi Property) issue of seven-year fixed-rate senior secured bonds is attached. This follows Kiwi Property's announcement today confirming the interest rate to apply to the bonds. For further information please contact: Joint Lead Managers ANZ Bank New Zealand Limited 0800 269 476 Deutsche Craigs Limited 0800 226 263 Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch) 0800 942 822 Co-Manager Forsyth Barr Limited 0800 367 227 > Ends CONTACT US FOR FURTHER INFORMATION Gavin Parker Chief Operating Officer gavin.parker@kp.co.nz +64 9 359 4012 Stuart Tabuteau Chief Financial Officer stuart.tabuteau@kp.co.nz +64 9 359 4025 ABOUT US Kiwi Property (NZX: KPG) is the largest listed property company on the New Zealand Stock Exchange and is a member of the S&P/NZX 15 Index. We've been around for more than 20 years and we proudly own and manage a $3.0 billion portfolio of real estate, comprising some of New Zealand's best shopping centres and prime office buildings. Our objective is to provide investors with a reliable investment in New Zealand property by targeting superior risk-adjusted returns over time through the ownership and active management of a diversified, high-quality portfolio. S&P Global Ratings has assigned Kiwi Property a corporate credit rating of BBB (stable) and an issue credit rating of BBB+ for each of its existing fixed rate senior secured bonds. Kiwi Property is licensed under the Real Estate Agents Act 2008. To find out more, visit our website kp.co.nz End CA:00326253 For:KPG Type:OFFER Time:2018-11-02 13:35:58