Fletcher Building Industries Limited — Capital/Financing Update 2017

Sep 18, 2017

News Release

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STOCK EXCHANGE LISTINGS: NEW ZEALAND (FBU), AUSTRALIA (FBU).

FLETCHER BUILDING INDUSTRIES LIMITED MARCH 2022 CAPITAL NOTES

Auckland, 18 September 2017 – Fletcher Building Industries Limited advises that it has completed the sale of some March 2022 Capital Notes. The details of the sale are:

Issuer	Fletcher Building Industries Limited
Class of security and ISIN	Capital Notes FBI160(NZFBIDA016C6)
Number sold	4,000,000
Nominal value and issueprice	$1.00 per capital note
Payment method	Cash
Amount paid up (if not in full)	Paid in full
Percentage of the total classof securities	4%
Reason for the sale	Normal cash management
Specific authority for the sale	Delegated Authority
Any terms or details of theissue	As set out in the InformationMemorandum for Capital Noteholdersdated 24 January 2001 and NZXAnnouncement dated 30 January 2015
Total number of securities ofthe class in existence afterthe sale	100,000,000
Sale date	18 September 2017

Thornton Williams Group Treasurer Phone: +64 9 525 9107 Fax: +64 9 525 9029

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