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21 March 2019 DIVIDEND REINVESTMENT PLAN PRICE DETERMINED Barramundi Limited (Barramundi) advises that the share price used to calculated entitlements under the Dividend Reinvestment Plan (the DRP) has been set at $0.5723. This is the volume weighted average price of all Barramundi shares traded on the NZX Main Board during the five trading days from and including the ex-dividend date (being 13 March 2019), less a 3.0% discount. The new shares will be issued on the dividend payment date (being 28 March 2019) to those shareholders who have elected to participate in the DRP. Ends Contact Corporate Manager Barramundi Limited Tel +64 9 484 0352 End CA:00332282 For:BRM Type:CORPACT Time:2019-03-21 12:03:23