Notification of Issue of Securities under DRP

For the purposes of NZX Alternative Market Listing Rule 7.11.1, Just Water International Limited (NZAX:JWI) advises that the following fully paid ordinary shares were issued pursuant to its Dividend Reinvestment Plan. (a) Class of Security: Fully paid ordinary Shares. ISIN: NZJWIE0001S3. (b) Number issued: 62,814. (c) Issue price: $0.4485 per ordinary share. (d) Payment terms: Cash, pursuant to the Dividend Reinvestment Plan. (e) Amount paid up: Fully paid. (f) Percentage of Class of Securities issued: 0.073%. (g) Reason for issue: Dividend reinvestment in respect of the dividend of $0.022 per ordinary share payable on 16 November 2018. (h) Authority for the issue: Dividend Reinvestment Plan and Board Resolution. (i) Terms of issue: The shares will rank equally in all respects with existing ordinary shares. (j) Total number of Securities of Class in existence after issue: 86,121,915 ordinary shares. (k) Treasury stock: Not applicable. (l) The date of issue: 16 November 2018. Hilary Poole Chair Just Water International Limited End CA:00326991 For:JWI Type:SECISSUE Time:2018-11-16 16:46:35