Books Closed

Following the successful bookbuild for its bond offer, Investore Property Limited confirms today that the offer has closed and $125,000,000 has been allocated to the participants (or their clients) in the bookbuild process. There was no public pool for the offer. The issue margin for the 5 year senior secured fixed rate bonds has been set at 1.15% per annum and the interest rate will be announced later today with the final terms sheet. For further details, investors can contact the Joint Lead Managers (details below) or their usual financial adviser. For further information please contact: Arranger and Joint Lead Manager Westpac: 0800 772 142 Joint Lead Managers ANZ Bank New Zealand Limited: 0800 269 476 Forsyth Barr Limited: 0800 367 227 Jarden Securities Limited: 0800 005 678 Ends For further information please contact: Mike Allen, Chairman, Investore Property Limited Mobile: 021 606 134 - Email: mike.allen@investoreproperty.co.nz Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited as manager of Investore Mobile: 021 230 3026 - Email: philip.littlewood@strideproperty.co.nz Fabio Pagano, Fund Manager, Stride Investment Management Limited as manager of Investore Mobile: 027 406 6079 - Email: fabio.pagano@strideproperty.co.nz Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited as manager of Investore Mobile: 021 536 406 - Email: jennifer.whooley@strideproperty.co.nz Louise Hill, General Manager Corporate Services, Stride Investment Management Limited as manager of Investore Mobile: 0275 580 033- Email: louise.hill@strideproperty.co.nz End CA:00387520 For:IPL Type:OFFER Time:2022-02-18 13:23:41