CHORUS LIMITED — Director's Dealing 2017

Oct 23, 2017

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date of last disclosure:

Chorus Limited 24-Oct-17 13-Apr-17

Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer:

Full name(s):		Anne June Urlwin
Name of listed issuer:		Chorus Limited
Name of related body corporate (if applicable):		N/A
Position held in listed issuer:		Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class ofaffected quotedfinancialproducts: ChorusLimited ordinary shares Nature ofthe affectedrelevantinterest(s): Directorand shareholderof registeredholder For that relevant interest- Number heldinclass before acquisitionordisposal: 13,256 Number heldinclass afteracquisitionordisposal: 13,666 Currentregisteredholder(s): N/A - new issue Registeredholder(s) once transfers areregistered: MaigoldHoldingsLimited Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) Type of affected derivative: N/A Class of underlyingfinancialproducts: Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products(if any): N/A A statement as to whether the derivative is cash settled orphysicallysettled:
		ChorusLimited ordinary shares
		Directorand shareholderof registeredholder
		13,256
		13,666
		N/A - new issue
		MaigoldHoldingsLimited
		N/A
The notional value of the derivative (if any) or the notional amount of underlying financial products(if any):		N/A
A statement as to whether the derivative is cash settled orphysicallysettled:
Maturitydate of the derivative(if any):
Expirydate of the derivative(if any):
Theprice specified in the terms of the derivative(if any):
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:
For that derivative,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interestinthe derivative:
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interestinthe derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:		1
		10-Oct-17
		Acquisition of shares on reinvestment of dividends under Chorus Limited's Dividend ReinvestmentPlan
		ChorusLimited
		$1,544.55
		410

Whether relevant interests were acquired or disposed of during a closed period: Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: Date of the prior written clearance (if any):

No N/A N/A

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s): For a derivative relevant interest,- Type of derivative: Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative relevant interest,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

N/A N/A N/A

Certification

I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.

Signature of director or officer: Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

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24-Oct-17

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date of last disclosure:

Chorus Limited 24-Oct-17 13-Apr-17

Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer:

Full name(s):		Keith Sharman Turner
Name of listed issuer:		Chorus Limited
Name of related body corporate (if applicable):		N/A
Position held in listed issuer:		Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class ofaffected quotedfinancialproducts: ChorusLimited ordinary shares Nature ofthe affectedrelevantinterest(s): Registeredholderand beneficialowner For that relevant interest- Number heldinclass before acquisitionordisposal: 6,418 Number heldinclass afteracquisitionordisposal: 6,616 Currentregisteredholder(s): N/A - new issue Registeredholder(s) once transfers areregistered: KeithSharman Turner Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) Type of affected derivative: N/A Class of underlyingfinancialproducts: Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products(if any): N/A A statement as to whether the derivative is cash settled orphysicallysettled:
		ChorusLimited ordinary shares
		Registeredholderand beneficialowner
		6,418
		6,616
		N/A - new issue
		KeithSharman Turner
		N/A
The notional value of the derivative (if any) or the notional amount of underlying financial products(if any):		N/A
A statement as to whether the derivative is cash settled orphysicallysettled:
Maturitydate of the derivative(if any):
Expirydate of the derivative(if any):
Theprice specified in the terms of the derivative(if any):
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:
For that derivative,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interestinthe derivative:
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interestinthe derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:		1
		10-Oct-17
		Acquisition of shares on reinvestment of dividends under Chorus Limited's Dividend ReinvestmentPlan
		ChorusLimited
		$745.91
		198

Whether relevant interests were acquired or disposed of during a closed period: Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: Date of the prior written clearance (if any):

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s): For a derivative relevant interest,- Type of derivative: Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative relevant interest,- Parties to the derivative:

No N/A N/A N/A N/A N/A

If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

Certification

I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.

Signature of director or officer: Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

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24-Oct-17

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date of last disclosure:

Chorus Limited 24-Oct-17 12-Sep-17

Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer:

Murray Peter Jordan Chorus Limited N/A Director

Director or senior managergiving disclosure	Director or senior managergiving disclosure
Full name(s):
Name of listed issuer:
Name of related body corporate (if applicable):
Position held in listed issuer:
Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class ofaffected quotedfinancialproducts: Nature of the affected relevant interest(s): For that relevant interest- Number heldinclass before acquisitionordisposal: Number heldinclass afteracquisitionordisposal: Currentregisteredholder(s): Registered holder(s) once transfers are registered:
Class ofaffected quotedfinancialproducts:	ChorusLimited ordinary shares
Nature of the affected relevant interest(s):	Beneficial owner of ordinary shares as beneficiary of Endeavour Trust
For that relevant interest-
Number heldinclass before acquisitionordisposal:	20,220
Number heldinclass afteracquisitionordisposal:	20,844
Currentregisteredholder(s):	N/A - new issue
Registered holder(s) once transfers are registered:	Murray Peter Jordan, Michaela Janeen Jordan and Keith Joseph Emerson Mitchell as trustees of Endeavour Trust

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative: Class of underlying financial products: Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative(if any): The price specified in the terms of the derivative (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

Details of transactions giving rise to acquisition or disposal Total number of transactions to which notice relates: Details of transactions requiring disclosure- Date of transaction: Nature of transaction: Name of any other party or parties to the transaction (if known): The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: Number of financial products to which the transaction related:

N/A N/A 1 10-Oct-17 Acquisition of shares on reinvestment of dividends under Chorus Limited's Dividend Reinvestment Plan Chorus Limited $2,350.73 624

If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details—

Whether relevant interests were acquired or disposed of during a closed period: Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: Date of the prior written clearance (if any):

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s): For a derivative relevant interest,- Type of derivative: Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative relevant interest,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

No N/A N/A N/A N/A N/A

Certification

I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.

Signature of director or officer: Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

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24-Oct-17

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date of last disclosure:

Chorus Limited 24-Oct-17 13-Apr-17

Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer:

Full name(s):		Prudence Mary Flacks
Name of listed issuer:		Chorus Limited
Name of related body corporate (if applicable):		N/A
Position held in listed issuer:		Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class ofaffected quotedfinancialproducts: ChorusLimited ordinary shares Nature ofthe affectedrelevantinterest(s): Registeredholderand beneficialowner For that relevant interest- Number heldinclass before acquisitionordisposal: 11,117 Number heldinclass afteracquisitionordisposal: 11,460 Currentregisteredholder(s): N/A - new issue Registeredholder(s) once transfers areregistered: PrudenceMaryFlacks Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) Type of affected derivative: N/A Class of underlyingfinancialproducts: Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products(if any): N/A A statement as to whether the derivative is cash settled orphysicallysettled:
		ChorusLimited ordinary shares
		Registeredholderand beneficialowner
		11,117
		11,460
		N/A - new issue
		PrudenceMaryFlacks
		N/A
The notional value of the derivative (if any) or the notional amount of underlying financial products(if any):		N/A
A statement as to whether the derivative is cash settled orphysicallysettled:
Maturitydate of the derivative(if any):
Expirydate of the derivative(if any):
Theprice specified in the terms of the derivative(if any):
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:
For that derivative,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interestinthe derivative:
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interestinthe derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:		1
		10-Oct-17
		Acquisition of shares on reinvestment of dividends under Chorus Limited's Dividend ReinvestmentPlan
		ChorusLimited
		$1,292.15
		343

Whether relevant interests were acquired or disposed of during a closed period: Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: Date of the prior written clearance (if any):

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s): For a derivative relevant interest,- Type of derivative: Details of derivative,- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative relevant interest,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

No N/A N/A N/A N/A N/A

Certification

I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of director or officer: Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

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24-Oct-17