FLETCHER BUILDING LIMITED

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest or both

Sections 23 and 24, Securities Markets Act 1988

Relevant event being disclosed: Notice of change in the number of voting securities which a substantial security holder has a relevant interest

Date of relevant event: 29 May 2013

To New Zealand Stock Exchange

And Fletcher Building Ltd

Date this disclosure made: 30 May 2013

Date last disclosure made: 20 May 2013

Substantial security holder(s) giving disclosure

Name(s): The Capital Group Companies, Inc.

Contact details: Christopher Aquino, ++213.615.0469, [email protected]

Summary of substantial holding to which disclosure relates

Class of listed voting securities: ordinary shares

Summary for The Capital Group Companies, Inc.

For this disclosure,—

(a) total number held in class: 50,490,596
(b) total in class: 686,096,427
(c) total percentage held in class: 7.3591%

For last disclosure,—

(a) total number held in class: 57,405,596
(b) total in class: 686,096,427
(c) total percentage held in class: 8.3669%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure under the instructions to this form: On 29 May 2013, 350,000 shares were sold at NZD - 8.400 per share.

Details of relevant interests in substantial holding after relevant event

Details for The Capital Group Companies, Inc.

Nature of relevant interest(s): Non-beneficial owner of securities

For that relevant interest,—

(a) number held in class: 50,490,596
(b) percentage held in class: 7.3591%
(c) current registered holder(s) of securities: Please refer to the enclosed schedule
(d) registered holder(s) of securities once transfers registered: n/a

Additional information

Nature of connection between substantial security holders: n/a

Address(es) of substantial security holder(s): 333 South Hope Street, 55[th] Floor, Los Angeles, California 90071, USA

Name of any other person believed to have given, or believed to be required to give, a disclosure under the Act in relation to the securities to which this disclosure relates: n/a

Declaration

I, Christopher Aquino , declare 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.

Schedule:

Nominee Name	Shares Held
JP MorganChaseBank	49,940,596
State Street Bank & TrustCompany	550,000
Total Shares Held	50,490,596

AI assistant

FLETCHER BUILDING LIMITED Major Shareholding Notification 2013

64902_rns_2013-05-30_abec8abd-1dfe-4440-8dad-aeb9480a25fc.pdf