Chorus Q4 FY19 Connections Update

STOCK EXCHANGE ANNOUNCEMENT 17 July 2019 Chorus Q4 FY19 Connections Update The Q4 period saw fibre connections grow to 50% of Chorus' total broadband connections. Total broadband connections grew by 5k to 1,196,000 (Q3 FY19: +5k) o demand for 1Gbps connections grew to 58,000 connections, up from 50,000 in March o fibre demand was strong, with 50,000 fibre installations completed o weighting of build programme to Q4, kept fibre uptake steady at 53% with 84,000 more customers passed Total fixed line connections declined by 22k to 1,450,000 in Q4 (Q3 FY19: -14k) o voice only disconnections increased as retailers targeted their customers with wireless voice Monthly average data usage grew to 265GB o fibre users now averaging 341GB monthly, up from 329GB in March o Aucklanders average 364GB monthly on fibre, 308GB monthly across copper and fibre o peak time data usage has begun exceeding 2Tbps, up 77% from June 2017 level ENDS For further information: Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: brett.jackson@chorus.co.nz Nathan Beaumont Stakeholder Communications Manager Phone: +64 4 896 4352 Mobile: +64 (21) 243 8412 Email: Nathan.Beaumont@chorus.co.nz End CA:00337725 For:CNU Type:MKTUPDTE Time:2019-07-17 08:30:37