Notification of Issue of Securities (Shares)

10 August 2018


NOTICE PURSUANT TO NZSX LISTING RULE 7.12.1


For the purposes of rule 7.12.1 of the NZX Main Board Listing Rules ("Listing Rules"), Serko Limited
("Serko") advises that the following securities have been issued:

Class of Security:

Ordinary Shares in Serko
ISIN: NZSKOE0001S7

Number of securities issued:
5,454,545

Nominal value:

$15,000,000
Issue price: $2.75

Payment in Cash:

Yes

Amount paid up: Fully Paid Up


Percentage total of class of securities:

7.28% (before issue)

Reason for issue:

Allotment of 5,454,545 ordinary shares under a placement
conducted by Serko Limited

Specific authority for issue: Directors’ resolution

Any terms or details of the issue:

New ordinary shares which rank equally with all other fully
paid ordinary shares in Serko Limited on issue

Total number of securities of the class
in existence after issue:

80,348,887 Ordinary Shares on issue

Treasury stock:

N/A

Date of issue: 10 August 2018




Susan Putt
Chief Financial Officer