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3 October 2019 Substantial Product Holder Disclosures Please see attached the following Substantial Product Holder Disclosures in relation to holdings in Rakon LImited: Substantial Product Holder Disclosure of change in nature of relevant interest in substantial holding for Brent Robinson Substantial Product Holder Disclosure of change in nature of relevant interest in substantial holding for Darren Robinson Substantial Product Holder Disclosure of beginning to have a substantial holding for Michele Robinson Substantial Product Holder Disclosure of ceasing to have a substantial holding for Trusts Limited -ends- Contact: Maureen Shaddick Company Secretary Rakon Limited +64 9 571 9238 About Rakon Rakon is a global high technology company and a world leader in its field. The company designs and manufactures advanced frequency control and timing solutions. Its three core markets are Telecommunications, Global Positioning and Space & Defence. Rakon products help set the frequency that all communications transmit and receive on. They also hold time and provide a stable timing reference for electronic equipment around the globe. This enables synchronised time globally, and the efficient and reliable transfer of data at ever-increasing precision and speed. Rakon has six manufacturing plants, including two joint venture plants, and has six research and development centres. Customer support personnel are located in fifteen offices worldwide. Rakon is proud of its New Zealand heritage; it was founded in Auckland in 1967. It is a public company listed on the New Zealand stock exchange, NZX, ticker code RAK. www.rakon.com End CA:00342134 For:RAK Type:SHINTR Time:2019-10-03 15:32:31