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CDI: Determination of Non-Independent Director

Director Appointment6 March 2017CDIReal Estate

Level 13, 280 Centre, 280 Queen Street,
P. O. Box 3248, Auckland 1140, New Zealand

Ph (09) 353 5005 Fax (09) 309 3244 Email: admin@cdli.co.nz


STOCK EXCHANGE ANNOUNCEMENT 7 MARCH 2017


DETERMINATION OF NON-INDEPENDENT DIRECTOR

Following the appointment of Mr Kian Seng Tan to the CDI Board with effect from 28 February

2017, the Board has determined in accordance with NZSX Listing Rule 3.3.3(b) that Mr Tan is not an

Independent Director.



As at the date of this announcement the CDI Board has advised that Messrs Roy Austin

and John Henderson are Independent Directors of the Company. Messrs HR Wong,

BK Chiu, and Vincent Yeo are not Independent Directors.



ENDS


Enquiries:

CDL Investments New Zealand Limited (09) 353 5005



Troy Dandy

Group Company Secretary

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