Notification of Allotment of Securities

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Section 1: issuer information
Name of issuer Heartland Bank Limited
NZX ticker code HBL020
Class of Financial Product Fixed Rate Notes
ISIN NZHBLD0020L2
Section 2: capital change details
Number issued/acquired/redeemed/ 125,000,000
Nominal value (if any) NZ$125,000,000
Issue/acquisition/redemption/ price NZ$1.00 per note
Nature of the payment (for example, cash
or other consideration)
Payment in cash
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial
Products issued/acquired/redeemed/
(calculated on the number of Financial
Products of the Class, excluding any
Treasury Stock, in existence)
1

100%
For an issue of Convertible Financial
Products or Options, the principal terms of
Conversion (for example the Conversion
price and Conversion date and the ranking
of the Financial Product in relation to other
Classes of Financial Product) or the Option
(for example, the exercise price and
exercise date)
Not applicable
Reason for issue/acquisition/redemption
and specific authority for
issue/acquisition/redemption/ (the reason
for change must be identified here)
General corporate purposes
Total number of Financial Products of the
Class after the
issue/acquisition/redemption/Conversion
(excluding Treasury Stock) and the total
number of Financial Products of the Class
held as Treasury Stock after the
issue/acquisition/redemption.
125,000,000
In the case of an acquisition of shares,
whether those shares are to be held as
treasury stock
Not applicable

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Specific authority for the issue, acquisition,
or redemption, including a reference to the
rule pursuant to which the issue,
acquisition, or redemption is made
Not applicable
Terms or details of the issue, acquisition, or
redemption (for example: restrictions,
escrow arrangements)
As set out in the final terms sheet dated 5 April 2019
Date of issue/acquisition/redemption 12/04/2019
Section 3: authority for this announcement
Name of person authorised to make this
announcement
Michael Drumm
Contact phone number 09 927 9136
Contact email address Michael.Drumm@heartland.co.nz
Date of release via MAP 15/04/2019