CHORUS LIMITED — Capital/Financing Update 2014

Jul 24, 2014

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Chorus Limited Level 10, 1 Willis Street P O Box 632 Wellington 6140 New Zealand Email: company.secretary@chorus.co.nz

STOCK EXCHANGE ANNOUNCEMENT

25 July 2014

Correction: committed bank facilities announcement

Chorus’ earlier announcement regarding amendments to its committed bank facilities should read:

Chorus’ debt of $1.8 billion at 31 March comprised $1,140 million in bank debt and $677 million in European Medium Term Notes.

ENDS

For further information:

Ian Bonnar Corporate Affairs Manager Mobile: +64 (27) 215 7564 Email: ian.bonnar@chorus.co.nz

Brett Jackson Investor Relations Manager Mobile: +64 (27) 488 7808 Email: brett.jackson@chorus.co.nz