FLETCHER BUILDING LIMITED — Capital/Financing Update 2016

May 4, 2016

News Release

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

FLETCHER BUILDING ADOPTS ASX FOREIGN EXEMPT LISTING

Auckland, 5 May 2016

Fletcher Building has changed its admission category on the ASX to ASX Foreign Exempt Listing, effective from 6 May 2016.

This follows amendments to the ASX Listing Rules in 2015 that permit an entity with its primary listing on the NZX Main Board to reduce its compliance requirements as a dual-listed entity. Fletcher Building will be expected to comply primarily with the NZX Listing Rules and will be exempt from complying with most of the ASX Listing Rules.

Fletcher Building continues to have a full listing on the NZX Main Board and its shares will continue to be listed on ASX and included in ASX indices on the same basis that they are today.

For further information contact:

Philip King Group General Manager, Investor Relations & Capital Markets Phone: + 64 9 525 9043 Mobile: + 64 27 444 0203

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