KMD BRANDS LIMITED — Capital/Financing Update 2013

Oct 22, 2013

APPENDIX 7 – NZSX Listing Rules

EMAIL: announce@nzx.com

Notice of event affecting securities

NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10.

Number of pages including this one (Please provide any other relevant details on additional pages)

For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.

Full name of Issuer	Full name of Issuer	Kathmandu Holdings Limited	Kathmandu Holdings Limited	Kathmandu Holdings Limited	Kathmandu Holdings Limited	Kathmandu Holdings Limited	Kathmandu Holdings Limited
Name of officer make this notice		authoris	ed to						Authority for e.g. Directors		event, ' resolution
							Mark Todd							Directors' resolution
Contact phone number			(+64) 3 373 6110						(+64) 3 373 6116				e		23 09			2013
Nature of event Tick as appropriate				Bonus Issue Rights Issue non-renouncable			If ticked, state whether: Capital Ca change	Taxable ll Dividend √	/ Non Taxable If ticked, state whether: Int	Conv Fu erim Y	ersion ll ear √		Rights Issue Interest Renouncable Special DRP Applies
EXISTING securitie Description of the class of securities			s affec	ted by this				If more than one	security is affected	by the event, us	e a separate for		m.
				Ordinary Shares								ISIN				NZKMDE0001S3
																If unknown, contact NZX
Details of securities			issue	d pursuant to	th	is event		If	more than one clas	s of security is to	be issued, use ISIN		a separate form for each class. If unknown, contact NZX Ratio, e.g 1 for 2 for
Description of the class of securities Number of Securities to be issued following eve			nt
										Minimum Entitlement						If unknown, contact NZX Ratio, e.g 1 for 2 for
Conversion, Maturity, Call Payable or Exercise Date Strike price per security for any Strike Price available.				issue in lieu or	dat				Tick if paripassu	Treatment of Fractions provide an OR explanation of the ranking
						e Enter N/A if not applicable
M	onies Associated with E			vent In dollars	an	Dividen d cents		d payable, Call payable, Exercise price, C Source of Payment		onversion price, Redemption price, Application money.
										Retained Earnings
	Amount per security (does not include any exc			luded income)
					NZ$0.09
	Excluded income per security (only applicable to listed PIEs)
	Currency Total monies				New Zealand Dollars						Amount per security in dollars and cents Date Payable						NZ$0.015882
					NZ$18,019,430.46												22 November 2013

Taxation Amount per Security in Dollars and cents to six decimal places In the case of a taxable bonusissue state strike price $ Resident Withholding Tax $0.006250 Imputation Credits(Give details) NZ$0.035 (100% franked in Australia) ForeignWithholding Tax $0.015882 FDP Credits(Give details)

Timing (Refer Appendix 8 in the NZSX Listing Rules)

Record Date 5pm

For calculation of entitlements -

Notice Date

Entitlement letters, call notices, conversion notices mailed

OFFICE USE ONLY

Ex Date: Commence Quoting Rights: Cease Quoting Rights 5pm: Commence Quoting New Securities: Cease Quoting Old Security 5pm:

12 November 2013

Application Date

Also, Call Payable, Dividend / Interest Payable, Exercise Date, Conversion Date. In the case 22 November 2013 of applications this must be the last business day of the week.

Allotment Date

For the issue of new securities. Must be within 5 business days of application closing date.

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Security Code:

Security Code: