KFL – Issue of Securities – 31 March 2017

31 March 2017


ISSUE OF SECURITIES

The following information is provided in accordance with Listing Rule 7.12.1

a) Class of security: Ordinary Shares

ISIN: NZKFLE0001S0

b) Number of ordinary shares issued: 1,219,944

c) Issue Price: $1.2652

d) Payment: Issue of shares under Dividend Reinvestment Plan.
Nil shares are issued from treasury stock and
1,219,944 by way of new shares issued.

e) Amount paid up: Fully paid up

f) Principal terms: Same terms as those ordinary shares
already on issue

g) Percentage of the total class of
securities issued (after the issue): 0.77%

h) Reason for the issue: Dividend Reinvestment Plan

i) Specific authority for the issue: Directors resolution and in accordance with Listing
Rule 7.3.10 (e)

j) Terms or conditions of the issue: The shares rank pari passu with existing ordinary
shares

k) Total number of ordinary shares in
existence after the issue: 157,538,688 (excluding treasury stock of nil)

l) N/A

m) Date of issue: 31 March 2017




______________________
Alistair Ryan – Chairman
Kingfish Limited
Kingfish Limited
Phone +64 9 489 7094
Fax +64 9 489 7139
Private Bag 93502, Takapuna
Auckland 0740