ASB Bank Limited suspension of trading Sub Notes (ABB030)

On 3 May 2019 ASB Bank Limited announced that it will exercise its option to fully redeem its NZ$400 million subordinated notes, NZDX ticker code ABB030 / ISIN NZABBDG001C4 (Subordinated Notes) at the first Optional Redemption Date, being 17 June 2019 (Redemption). NZX has now granted a suspension of trading of the Subordinated Notes ahead of the Redemption. The suspension will commence after market close on Wednesday 5 June 2019. The suspension will remain in place pending completion of the Redemption. Important dates are: o The last day of trading the Subordinated Notes will be Wednesday 5 June 2019. o The record date for the purposes of the Redemption will be Friday 7 June 2019. o The Redemption will take place on Monday 17 June 2019. ENDS Released by: Eddie Carrasco, Head of Secretariat, ASB Bank Limited asbsecretariat@asb.co.nz For enquiries, contact: Chandu Bhindi, General Manager Treasury, ASB Bank Limited Ph 09 337 4371 funding@asb.co.nz End CA:00335044 For:ABB Type:CORPACT Time:2019-05-24 15:47:53