Kingfish Limited — Share Issue/Capital Change 2018

Dec 21, 2018

Kingfish Limited Phone +64 9 489 7094 Fax +64 9 489 7139 Private Bag 93502, Takapuna Auckland 0740

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21 December 2018

ISSUE OF SECURITIES

For the purposes of Listing Rule 7.12.1, Kingfish Limited advises that the following shares have been issued on 21 December 2018.

	7.12.1, Kingfish Limited ad	vises that the foll	owing shares have b	een issued on
a)Class of security and ISIN:Ordinary shares NZKFLE0001S0b)Number of ordinary shares issued:1,708,956c)Issue Price:$1.3068d)Payment:Consideration satisfied pursuant to the DividendReinvestment Plan.186,287 shares are issued from treasury stock and1,522,669 by way of new shares issued.e)Amount paid up:Fully paidf) Principal terms: Ordinary shares having the same rights and rankingequally with the existing ordinary shares.g)Percentage of the total class ofsecurities issued after the issue:0.8701%h)Reason for the issue:Issue of ordinary shares pursuant to the terms of theDividend Reinvestment Plan.i)Specific authority for the issue:Directors resolution and in accordance with ListingRule 7.3.10 (e)j) Terms or details of the issue: Ordinary shares having the same rights and rankingequally with the existing ordinary shares.k)Total number of securities of theclass in existence after the issue: 196,410,150 ordinary shares (excluding treasury stockof nil)l)Treasury stock:Not applicablem)Date of issue:21 December 2018	ISIN:Ordinar	y shares NZKFLE	0001S0
	ares issued:1,708,9$1.3068	6
	ConsideRi	ration satisfied ptt Pl	ursuant to the Divide	nd
	enve	men an.
	186,287	shares are issu	ed from treasury stoc	k and

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______________________ Alistair Ryan – Chair Kingfish Limited