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Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013 To: New Zealand Stock Exchange and To: Auckland International Airport Limited Date this disclosure made: 31 December 2018 Date last disclosure made: 06 December 2018 Date on which substantial holding ceased: 27 December 2018 Substantial product holder(s) giving disclosure Full name(s): BlackRock, Inc. and related bodies corporate Summary of previous substantial holding Class of quoted voting products: ordinary shares Summary for: Product holders listed in Appendix A For last disclosure,-- (a) total number held in class: 61,032,867 (b) total in class: 1,207,546,966 (c) total percentage held in class: 5.054% For current holding after ceasing to have substantial holding,-- (a) total number held in class: 60,251,385 (b) total in class: 1,207,546,966 (c) total percentage held in class: 4.990% Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: Refer to Appendix B Additional information Address(es) of substantial product holder(s): Refer to Appendix A Contact details: Bradley Taylor, Tel +1-302-797-2361, Email bradley.taylor@blackrock.com Nature of connection between substantial product holders: Refer to Appendix A Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: Not Applicable Certification I, Bradley Taylor, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. End CA:00328995 For:AIA Type:SHINTR Time:2018-12-31 08:30:19