DRP price and AUD dividend rate

STOCK EXCHANGE ANNOUNCEMENT 1 October 2019 DRP price and AUD dividend rate The price at which shares will be allotted under Chorus' Dividend Reinvestment Plan (DRP) for the 2019 final dividend is NZ$4.96853. The price was set based on the volume weighted average sale price of price setting trades of Chorus shares on the NZX Main Board taking place over a period of five trading days commencing on 23 September 2019, less a discount of 3%. The foreign exchange rate used for Chorus' FY19 final dividend payable to Australian investors has been set at (NZD/AUD) 0.93048. The final dividend of NZ$0.135 cents per share will be paid on 8 October 2019. ENDS For further information: Nathan Beaumont Stakeholder Communications Manager Phone: +64 4 896 4352 Mobile: +64 (21) 243 8412 Email: Nathan.Beaumont@chorus.co.nz Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: Brett.Jackson@chorus.co.nz End CA:00341962 For:CNU Type:SECISSUE Time:2019-10-01 10:49:04