The Bankers Investment Trust Plc (“BIT”) – Security Type

Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 16 July 2019 Subject: The Bankers Investment Trust Plc ("BIT") Message: NZX Operations ("NZXO") advises that it has updated the security type for The Bankers Investment Trust Plc ("BIT") from "units" to "shares". This change is effective today, Tuesday, 16 July 2019 and reflects the nature of the product on its Home Exchange, the London Stock Exchange. There is no change to BIT's obligations under the NZX Listing Rules. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00337690 For:BIT Type:MEMO Time:2019-07-16 08:31:02