KFL – Issue of Securities – 29 March 2018

29 March 2018


ISSUE OF SECURITIES

The following information is provided in accordance with Listing Rule 7.12.1

a) Class of Security and ISIN: Ordinary Shares NZKFLE0001S0

b) Number of Ordinary Shares issued: 1,635,848

c) Issue Price: $1.2775

d) Payment: Issue of shares under Dividend Reinvestment Plan.
823,636 shares are issued from treasury stock and 812,212
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: 0.8568%

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 details of the issue: The Shares rank equally with existing Ordinary
Shares

k) Total number of Securities of the
Class in existence after the issue: 190,935,279 Ordinary Shares (excluding treasury stock
of 15,000)

l) N/A

m) Date of issue: 29 March 2018




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