Notice of reclassification of restricted shares

0 April 2019 Market Information Services Section New Zealand Exchange Limited Wellington RECLASSIFICATION OF RESTRICTED SHARES, AS ORDINARY SHARES For the purposes of Listing Rule 7.12.1 of the NZX Listing Rules, Trade Me Group Limited advises the following restricted securities have been reclassified as Ordinary Shares: Number of securities reclassified 439,907 Restricted Ordinary shares reclassified as Ordinary Shares Issue price n/a ( issued in 2016 and 2017 respectively at 20-day VWAP) Payment in cash? n/a (paid up at the date of issue) Any amount paid up (if not in full) Fully paid Percentage of total class reclassified (excluding treasury stock) 0.01109% Reasons for the reclassification Vesting of the Restricted Shares in LTI rounds 5 and 6, arising from the exercise of the directors' discretion on a Change Event under the Scheme Rules. The shares now transfer from the Trustee, TMG Trustee Limited to the beneficial holders. Specific authority for the reclassification Long-term Incentive Scheme Rules, and directors' resolution dated 3 April 2019. Total number of securities of the class in existence after the issue (excluding treasury stock) 396,834,334 Ordinary Shares Date of reclassification 30 April 2019 Sarah Hard End CA:00333865 For:TME Type:SECISSUE Time:2019-05-01 08:31:09