Statement on Media Speculation

Fletcher Building notes recent press speculation and inquiry in relation to the strategic review in respect of its Residential and Development division and the potential divestment of an industrial property. Whilst Fletcher Building does not comment on media speculation, it has previously advised the market that the strategic review of the Residential and Development division is underway and that, in addition to the announced sale of the Felix Street property, it has sales processes underway for industrial land. Fletcher Building has no further comment at this time and will update the market if and when there are material developments to report. ENDS Authorised for release to the market by Haydn Wong, Company Secretary. For further information please contact: INVESTORS Alex MacDonald, GM Corporate Finance & Investor Relations +64 21 221 4266 Alex.MacDonald@fbu.com MEDIA Christian May, Chief Corporate Affairs Officer +64 21 305 398 Christian.May@fbu.com For information on Fletcher Building visit fletcherbuilding.com