Chorus Q2 FY19 Connections Update

STOCK EXCHANGE ANNOUNCEMENT 17 January 2019 Chorus Q2 FY19 Connections Update The Q2 period to 31 December 2018 saw UFB uptake grow to 51%, with fibre demand stronger than the same period in 2017. Total fixed line connections decreased by 21k to 1,486,000 in Q2 (Q1 FY19: -19k). This was an improvement on the equivalent period in Q2 FY18 (- 23k). o Broadband connections continued to grow in Chorus fibre areas (+5k). Total broadband connections decreased by 4k to 1,186,000 (Q1 FY19: +3k), consistent with seasonal Q2 broadband disconnections. o 517,000 broadband connections are now on fibre, with 38,000 fibre connections added in Q2 (Q1 FY19: 46,000; Q2 FY18: 34,000) o 1Gbps connections grew 22% to 44,000. Data consumption continues to grow, with 25 November setting a record of ~11 million gigabytes o Monthly average household data usage was 235GB in December, up from 221GB in September. Fibre users now average 315GB monthly, up from 307GB in September. ENDS For further information: Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: brett.jackson@chorus.co.nz Holly Cushen Senior Communications Specialist Mobile: +64 (21) 029 94144 Email: holly.cushen@chorus.co.nz End CA:00329526 For:CNU Type:MKTUPDTE Time:2019-01-17 08:42:42