Rubicon Announces TCLP Transaction Price

To: NZX From: Pam Wardenburg
Telephone: 64-9-356 9800


Further information on Rubicon Limited can be viewed at the Rubicon web site, at http://www.rubicon-nz.com.





10 January, 2018 – Rubicon announced today that Tenon Clearwood LP’s (TCLP) net debt at 31
December 2017 had been determined, and following review by KPMG the Final Purchase Price Per
Share under the previously announced TCLP transaction had been set at US$1.048689. Rubicon
shareholders will be voting to approve the transaction at a Special Meeting to be held on Friday 12
January 2018, and the results of that vote will be announced to the NZX later that same day. If
approved by shareholders, the transaction is expected to close on 31 January 2018.

Ends
Rubicon Announces TCLP Transaction Price