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CONFIRMATION OF SETTLEMENT OF AA CENTRE

Property12 July 2018APLReal Estate

NZX RELEASE
13 July 2018


CONFIRMATION OF SETTLEMENT OF AA CENTRE

Asset Plus is pleased to confirm that settlement of the sale of the AA Centre,

Albert Street, Auckland has occurred on 12 July 2018. Of the $47 million sale

price, substantially all of the net proceeds have been applied towards debt

repayment. An amount has been retained by Sky City until recladding works to

the stairwell of the building are completed.

For further information please contact:

Bruce Cotterill

Chairman

Asset Plus Limited

Mark Francis

Managing Director, Augusta Funds Management Ltd

Guy French-Wright

Chief Operating Officer, Augusta Funds Management Ltd

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