Mercury NZ Ltd (NS) (“MCY010”) Capital Bonds – Redemption

Memorandum To: Market Participants From: NZX Product Operations Date: Friday, 21 June 2019 Subject: Mercury NZ Limited (NS) ("MCY010") Capital Bonds - Redemption Message: Further to the announcement released by Mercury NZ Limited (NS) ("MCY") on Wednesday, 19 June 2019, NZX Operations ("NZXO") advises that, MCY will exercise its right to fully redeem their capital bonds ("MCY010"). The final quotation date for MCY010 will be Thursday, 11 July 2019. The final day of trading in MCY010 will be Thursday, 27 June 2019, prior to the bonds being suspended at close of business. A timetable of events is attached. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00336393 For:MCY Type:MEMO Time:2019-06-21 08:31:18