MLN – Issue of Securities 28 September 2018

28 September 2018


ISSUE OF SECURITIES

For the purposes of Listing Rule 7.12.1, Marlin Global Limited advises that the following shares have been issued on
28 September 2018.


a) Class of security and ISIN: Ordinary Shares NZMLNE0001S0

b) Number of ordinary shares issued: 1,165,254

c) Issue Price: $0.9025

d) Payment: Consideration satisfied pursuant to the Dividend
Reinvestment Plan.

487,521 shares are issued from treasury stock
and 677,733 by way of new shares issued.

e) Amount paid up: Fully paid

f) Principal terms: Ordinary shares having the same rights and ranking
equally with the existing ordinary shares.

g) Percentage of the total class of
securities issued after the issue: 0.9712%

h) Reason for the issue: Issue of ordinary shares pursuant to the terms of the
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: Ordinary shares having the same rights and ranking
equally with existing ordinary shares.


k) Total number of securities of the
class in existence after the issue: 119,982,271 ordinary shares (excluding treasury stock
of nil)

l) N/A


m) Date of issue: 28 September 2018




________________________
Alistair Ryan – Chair
Marlin Global Limited
Marlin Global Limited
Phone +64 9 484 0365
Fax +64 9 489 7139
Private Bag 93502, Takapuna
Auckland 0740