POT – Capital Change Notice

Section 1: Issuer information Name of issuer Port of Tauranga Limited NZX ticker code POT Class of financial product Ordinary $1.00 Shares ISIN (If unknown, check on NZX website) NZPOTE0003S0 Currency NZD Section 2: Capital change details Number acquired 69,917 Nominal value (if any) $1.00 Acquisition price per security $6.4600 Nature of the payment (for example, cash or other consideration) Cash Amount paid up (if not in full) Fully paid Percentage of total class of Financial Products acquired (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, in existence) 0.01% For an issue of Convertible Financial Products or Options, the principal terms of Conversion (for example the Conversion price and Conversion date and the ranking of the Financial Product in relation to other Classes of Financial Product) or the Option (for example, the exercise price and exercise date) N/A Reason for acquisition and specific authority for acquisition (the reason for change must be identified here) Executive Long Term Share Scheme Total number of Financial Products of the Class after the acquisition (excluding Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the acquisition. Ordinary Shares: 680,183,572 Treasury Stock: 397,658 In the case of an acquisition of shares, whether those shares are to be held as treasury stock Yes Specific authority for the issue, acquisition, or redemption, including a reference to the rule pursuant to which the issue, acquisition, or redemption is made Board resolution Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements) Paid up shares Date of acquisition 30/10/2019 Section 3: Authority for this announcement and contact person Name of person authorised to make this announcement Simon Kebbell, Company Secretary Contact person for this announcement Simon Kebbell Contact phone number 075728809 Contact email address simonk@port-tauranga.co.nz Date of release through MAP 29/10/2019 End CA:00343386 For:POT Type:SECISSUE Time:2019-10-29 14:33:37