Kiwi Property Group Limited (“KPG”) – Trading Halt

Memorandum To: Market Participants From: NZX Product Operations Date: Wednesday, 30 October 2019 Subject: Kiwi Property Group Limited ("KPG") - Trading Halt of Securities Message: NZX Regulation ("NZXR") advises that, at the request of the company, it has placed a trading halt on Kiwi Property Group Limited ("KPG") shares. The trading halt was placed pre-market open this morning. The trading halt has been put in place pending the release of a material announcement by KPG regarding a capital raise. The halt is expected to remain in place until the earlier of: o The release of an announcement as to the outcome of the capital raise; or o Market open on Thursday, 31 October 2019 Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00343393 For:KPG Type:HALT Time:2019-10-30 08:30:17