Correction to Previous Announcement (Passing Yield)

CORRECTION TO PREVIOUS ANNOUNCEMENT (PASSING YIELD) Property for Industry Limited (PFI) would like to make a correction to its previous announcement entitled "PFI Signals Positive Valuation Outcome", which was released earlier today. In that announcement it was noted that "...PFI's passing yield has firmed by around 0.45%..." This should read "... PFI's passing yield has firmed by around 0.25%..." All other figures remain the same. ENDS ABOUT PFI & CONTACT PFI is an NZX listed property vehicle specialising in industrial property. PFI's nationwide portfolio of 94 properties is leased to 146 tenants. For further information please contact: SIMON WOODHAMS Chief Executive Officer --- Phone: +64 21 749 770 Email: woodhams@pfi.co.nz --- CRAIG PEIRCE Chief Finance and Operating Officer --- Phone: +64 21 248 6301 Email: peirce@pfi.co.nz --- Property for Industry Limited Shed 24, Prince's Wharf, 147 Quay Street, Auckland 1010 PO Box 1147, Shortland Street, Auckland 1140 --- www.propertyforindustry.co.nz End CA:00364237 For:PFI Type:MKTUPDTE Time:2020-12-01 10:53:49