Notice Pursuant to Listing Rule 7.12.1

For the purposes of NZSX Listing Rule 7.12.1, Briscoe Group Limited (NZX / ASX: BGP) advises that the following securities have been issued on 17 April 2019: (a) Class of Security: Ordinary Shares; ISIN: NZBGRE0001S4. (b) Number issued: 35,000 (c) Issue price: $2.75 per share. (d) Payment: Cash (e) Amount paid up: fully paid up. (f) The percentage of the total class of securities issued: 0.0158%. (g) Reason for issue: The shares were issued pursuant to the Executive Share Option Scheme 2015. (h) Specific authority for issue: Board resolution dated 27 October 2015 (i) Terms or details of issue: The shares have been issued as fully paid shares pursuant to certain transfer restrictions which remain in effect while the holder is employed with Briscoe Group Limited and also in certain other circumstances. (j) Total number of securities of the class in existence after the issue: 221,844,500 (k) Treasury stock (acquisition only): Not applicable. (l) Date of issue: 17 April 2019 Geoff Scowcroft Chief Financial Officer Briscoe Group Limited End CA:00333492 For:BGP Type:SECISSUE Time:2019-04-17 14:13:32