KMD BRANDS LIMITED — Share Issue/Capital Change 2017

May 4, 2017

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

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

For change to	For change to	allotment, NZSX Listing Rule 7.12.1, a separate advice is required.	allotment, NZSX Listing Rule 7.12.1, a separate advice is required.	allotment, NZSX Listing Rule 7.12.1, a separate advice is required.	allotment, NZSX Listing Rule 7.12.1, a separate advice is required.	allotment, NZSX Listing Rule 7.12.1, a separate advice is required.	allotment, NZSX Listing Rule 7.12.1, a separate advice is required.	allotment, NZSX Listing Rule 7.12.1, a separate advice is required.	allotment, NZSX Listing Rule 7.12.1, a separate advice is required.
Full name of Issuer		Kathmandu Holdings Limited
Name of office make this noti		r autho ce	rised to							Authority for e.g. Director			event, s' resolution
							Reuben Casey									Directors' resolution
Contact phone number			(+64) 3 968 6166							(+64) 3 373 6116							05 05				2017
Nature of event Tick as appropriate			Bonus Issue Rights Issue				If ticked, state whether: Capital Ca	Taxable ll Dividend		/ Non Taxable Con If ticked, state F			version ull				Rights Issue Interest Renouncable
			non-renouncable				change			whether: Interim √ Y			ear Special DRP Applies
EXISTING securities affected by this Description of the class of securities Ordinary Shares								If more than o		ne security is affected by the even			t, use a separate form					.
				Ordinary Shares										ISIN				NZKMDE0001S3
																		If unknown, contact NZX
Details of securities issued pursuant to						this event		If		more than one class of security is			to be issued, ISIN		use 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 event
										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 a Strike Price available.				ny issue in lieu o	r d					Treatment of Fractions Tick if provide an paripassu OR explanation of the ranking
						ate Enter N/A if not applicable
Monies Associated with Event Amount per security (does not include any excluded income) Excluded income per security (only applicable to listed PIEs) Currency In dollars a					nd	Dividen cents
												Retained Earnings
	Amount per security (does not include any excluded income)
					NZ$0.04
	Excluded income per security (only applicable to listed PIEs) Currency
					New Zealand Dollars														NZ$0.007059
	Total monies				$8,059,885						NZSX Listing Rule 7.12.7 Date Payable								16 June, 2017
Taxation In the case of a taxable bonus issue state strike price							$				Amountper Security in Dollars and cents to six								decimalplaces
									Resident Withholding Tax Foreign Withholding Tax		$0.002778								s (Not franked) NZ$0.015556
											$0.007059

Timing

(Refer Appendix 8 in the NZSX Listing Rules)

Record Date 5pm Application Date For calculation of entitlements - Also, Call Payable, Dividend / Interest Payable, Exercise Date, 2 June, 2017 Conversion Date. 16 June, 2017 Notice Date Allotment Date Entitlement letters, call notices, For the issue of new securities. conversion notices mailed Must be within 5 business days of application closing date.

OFFICE USE ONLY

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

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