BRM – Issue of Securities – 28 March 2019

28 March 2019 ISSUE OF SECURITIES For the purposes of Listing Rule 7.12.1, Barramundi Limited advises that the following shares have been issued on 28 March 2019. a) Class of security and ISIN: Ordinary shares NZBRME0001S2 b) Number of ordinary shares issued: 1,334,801 c) Issue Price: $0.5723 d) Payment: Consideration satisfied pursuant to the Dividend Reinvestment Plan. 15,000 shares are issued from treasury stock and 1,319,801 by way of new shares issued. e) Amount paid up: Fully paid f) Principal terms: Ordinary shares having the same rights and ranking equally with the existing ordinary shares. g) Percentage of the total class of securities issued after the issue: 0.7805% h) Reason for the issue: Issue of ordinary shares pursuant to the terms of the Dividend Reinvestment Plan. i) Specific authority for the issue: Directors resolution and in accordance with Listing Rule 7.3.10 (e) j) Terms or details of the issue: Ordinary shares having the same rights and ranking equally with existing ordinary shares. k) Total number of securities of the class in existence after the issue: 171,015,716 ordinary shares (excluding treasury stock of 22,500) l) N/A m) Date of issue: 28 March 2019 ___________________ Alistair Ryan - Chair Barramundi Limited End CA:00332621 For:BRM Type:SECISSUE Time:2019-03-28 10:10:56