The Warehouse Group – Trading Halt

To: Market Information Services Section NZX Limited _____________________________________________________________________________ ____ Auckland, 24 March 2020 Trading Halt The Warehouse Group Limited ("Warehouse Group") has agreed with the NZX to place the ordinary shares ("WHS") and the bonds ("WHS020") of the Group in trading halt. There is considerable uncertainty around what meets the definition of essential businesses and which products and services they are able to provide. The Warehouse Group is in discussions with government on what categories within The Warehouse will be available post escalation to COVID-19 Alert Level 4. The Group will make an announcement when there is better definition of this, and will then request the trading halt is lifted. It is expected that this will be by tomorrow morning. ENDS Contact details regarding this announcement: Investors and Analysts: Jonathan Oram, Chief Financial Officer +64 21 757 415, jonathan.oram@thewarehouse.co.nz Media: Nick Grayston, Group Chief Executive Officer To be contacted via Tanya Henderson +64 21 195 2854, media.enquiries@thewarehouse.co.nz. End CA:00350566 For:WHS Type:MKTUPDTE Time:2020-03-24 15:42:45