Secured Fixed Rate Bond Offer – Indicative Margin

5 October 2020 OCEANIA HEALTHCARE LIMITED SECURED FIXED RATE BOND OFFER - INDICATIVE MARGIN Further to the announcement by Oceania Healthcare Limited (Oceania Healthcare) of an offer of up to $75 million (plus up to an additional $50 million of oversubscriptions) of 7 year secured fixed rate bonds, Oceania Healthcare has announced that the indicative margin range for the bonds is 2.00% to 2.20% per annum over the underlying swap rate, subject to a minimum interest rate of 2.30% per annum. The interest rate for the bonds will be set following a bookbuild process, which is expected to be completed on 9 October 2020, and announced via NZX shortly thereafter. The offer opens today and is expected to close on 9 October 2020 following the bookbuild process, with the bonds expected to be issued on 19 October 2020. There is no public pool for the offer, with all of the bonds being reserved for clients of the Joint Lead Managers, NZX participants and other approved financial intermediaries. Full details of the offer are contained in the Product Disclosure Statement (PDS). The PDS is available through www.oceaniahealthcare.co.nz/investor-centre/bonds or by contacting a Joint Lead Manager or your usual financial adviser, and must be obtained by investors before they decide to acquire any bonds. Arranger and Joint Lead Manager Westpac - 0800 942 822 Joint Lead Managers ANZ - 0800 269 476 Craigs Investment Partners - 0800 226 263 Jarden - 0800 005 678 ENDS For more information please contact: Brent Pattison Chief Financial Officer Phone: 021 803 029 End CA:00360896 For:OCA Type:OFFER Time:2020-10-05 08:31:34