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THL – Dividend Reinvestment Plan Strike Price

Dividend12 April 2018THLConsumer Discretionary

Tourism Holdings Limited
Tel: +64 9 336 4299

The Beach House

Fax: +64 9 309 9269

Level 1, 83 Beach Road

www.thlonline.com

Auckland City


PO Box 4293, Shortland Street


Auckland 1140, New Zealand





12 April 2018


NZX ANNOUNCEMENT



TOURISM HOLDINGS LIMITED (thl)

DIVIDEND REINVESTMENT PLAN - STRIKE PRICE FOR 2018 INTERIM DIVIDEND


Tourism Holdings Limited advises that the strike price for the dividend reinvestment plan (DRP) operating in

respect to the dividend payable on 16 April 2018 has been set at $5.935 per share. The strike price is

inclusive of a 2% discount.


This strike price will apply in calculating the number of shares to be issued to participants who have elected

to receive additional shares rather than cash.


The strike price has been determined in accordance with the DRP as the volume weighted average sale price

for a thl share based on all trades of thl shares on the NZX Main Board over the period of 5 trading days

immediately following the record date of 4 April 2018, less a 2% discount.


END


Authorised by:




Mark Davis

thl Chief Financial Officer

Direct Dial: +64 9 336 4212

Mobile: +64 27 444 0199

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