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STOCK EXCHANGE ANNOUNCEMENT 23 January 2019 Issue of CIP2 equity securities Chorus has issued further CIP2 equity securities to Crown Infrastructure Partners Limited (CIP) as set out in the attached notices. 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 End CA:00329703 For:CNU Type:SECISSUE Time:2019-01-23 08:30:09