CHORUS LIMITED — Capital/Financing Update 2018

Apr 3, 2018

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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

4 April 2018

Chorus extends syndicated bank facility

Chorus has extended the term of its $350 million committed bank facility by a year.

Chorus CFO Andrew Carroll said Chorus appreciated the ongoing support of the seven banks involved to extend the evergreen facility through to 26 May 2021.

ENDS

For further information:

Nathan Beaumont Media and PR Manager Phone: +64 4 896 4352 Mobile: +64 (21) 243 8412 Email: Nathan.Beaumont@chorus.co.nz

Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: Brett.Jackson@chorus.co.nz