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PLP - Updated Offer Documents 8 October 2020 Booster Investment Management Limited, in its capacity as manager of the Private Land and Property Fund ('Fund'), has registered an updated Product Disclosure Statement ('PDS'), Other Material Information Document ('OMI'), and Statement of Investment Policy and Objectives ('SIPO') for the Fund, with an effective date 8 October 2020. The updated offer documents (attached) address recent changes to the Fund, including: o Increased frequency of distributions; o Introduction of a Distribution Reinvestment Plan ('DRP'); o Plus other updates to the Fund and its investments. Units in the Fund can be purchased either directly from the manager, or on the NZX Main Board. Investors should read the PDS and other information provided to understand the Fund's investment objective and the associated risks. This information is available at www.booster.co.nz/booster-investments/private-land-and-property-fund For more information, please contact: Gary Scott Company Secretary Booster Investment Management Limited 04 8944300 About Booster Booster Investment Management Limited (Booster) is the manager of the Fund, and part of the Booster Group which has been helping New Zealanders save since 1998. The group currently administers superannuation and investment funds of over $3.5 billion on behalf of more than 120,000 New Zealanders. For more information, please visit www.booster.co.nz End CA:00361161 For:PLP Type:OFFER Time:2020-10-08 12:06:32