Kingfish Limited — Director's Dealing 2017

May 1, 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

ToNZX Limited; and
Name of listedissuer:		Kingfish Limited
Date this disclosuremade:		1-May-17
Date of last disclosure:		12-May-16
Director or senior manager giving disclosure
Full name(s):		Carmel MiringaFisher
Name of listedissuer:		Kingfish Limited
Name of related body corporate (ifapplicable):		n/a
Position heldin listedissuer:		Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class ofaffected quotedfinancialproducts:		Ordinary shares
Nature ofthe affectedrelevantinterest(s):		Non-beneficial interest
For that relevant interest-
Number heldinclass before acquisitionordisposal:		2,377,079 ordinary shares
Number heldinclass afteracquisitionordisposal:		2,710,546 ordinary shares
Currentregisteredholder(s):		ASB Nominees
Registeredholder(s) once transfers areregistered:		ASB Nominees
Summary of acquisition or disposal of specified derivatives relevant interest (ifapplicab		le)
Type ofaffected derivative:
Class ofunderlyingfinancialproducts:
The notional value of the derivative (if any) or the notional amount of underlying financial products (ifany):
Astatement as towhetherthe derivativeis cashsettled orphysically settled:
Maturity date ofthe derivative (ifany):
Expiry date ofthe derivative(ifany):
The price specifiedinthe terms ofthe derivative (ifany):
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 underlyingfinancialproducts:
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 numberoftransactions towhich noticerelates:		One
		28-Apr-17
		333,467 shares issued to Fisher Funds Management Ltd as payment of half of the net performance fee under the Management Agreement between Kingfish andFisher Funds.
		None
		$1.396920 per share, at a price equal to the Net Asset Value per share at 31 March 2017.
		One
Whether relevantinterestswere acquired ordisposed ofduring a closed period:		Not during closed period
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period:		n/a
Date ofthe prior writtenclearance (ifany):		n/a
Summary of other relevant interests after acquisition or disposal: Class ofquotedfinancialproducts: Nature of relevantinterest: For that relevant interest,-
		Ordinary shares
		Beneficial 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:

3,921,624 ordinary shares ASB Nominees

Warrants 1. $742,837.50 (594,270 warrants @ $1.25 share price) non-beneficial interest 2. $1,225,507.50 (980,406 warrants @ $1.25 share price) beneficial interest. Cash settled 5-May-17 5-May-17 $1.21 exercise price n/a ASB Nominees 1.Non-beneficial interest 2.Beneficial interest

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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1-May-17 Glenn Ashwell