Chorus : Notification of issue of securities

Chorus Limited Level 10, 1 Willis Street

P O Box 632

Wellington New Zealand

Email:[e-mail]

STOCK EXCHANGE ANNOUNCEMENT

6 December 2018

NOTIFICATION OF ISSUE OF SECURITIES

For the purposes of Listing Rule 7.12.1 Chorus Limited (NZX: CNU) advises that the following securities have been issued pursuant to its unsecured, unsubordinated, re-setting fixed rate bond offer:

a)	Class of Securities	Unsecured, unsubordinated, re-setting fixed rate debt
securities
ISIN	NZCNUDT003C6
Ticker Code	CNU020
b)	Number of CNU020 bonds issued	500,000,000
c)	Issue price	$1.00 per bond
d)	Payment	Cash
e)	Amount paid up	Paid in full
f)	Principal terms of Securities	Not applicable
(other than for Quoted Securities)
g)	Percentage of CNU020 bonds	100%
issued
h)	Reason for issue	Allotment under Final Terms Sheet dated 23 November
2018, the proceeds of which will be used for general
corporate purposes
i)	Specific authority for issue	Resolution of directors
j)	Terms or details of issue	As set out in the Supplemental Trust Deed dated 14
November 2018 and Final Terms Sheet dated 23
November 2018
k)	Total number of CNU020 bonds in	500,000,000
existence after issue
l)	Treasury Stock (acquisition only)	Not applicable
m)	Date of issue	6 December 2018

Yours faithfully

Elaine Campbell

General Counsel & Company Secretary