Arvida : Addition to Indices

Arvida Group Limited (ARV) Market Release 12 DECEMBER 2016 ADDITION TO INDICES

The Board of Arvida Group Limited ('Arvida') are pleased to advise that Arvida will be added to the S&P/NZX 50 Index and the S&P/NZX MidCap Index, with an effective date of 16 December 2016 (after market close).

Peter Wilson, Chairman, commented that "Being added to the index exactly two years after listing at a market capitalisation of $213 million is a great achievement for Arvida. Arvida has been focused on delivering to our stated listing strategy and has received strong support from the investment community over this period."

- ENDS -

For more information, please contact:

Bill McDonald, Chief Executive Officer, Arvida Group Limited Tel: [phone] or email: [e-mail]

Jeremy Nicoll, Chief Financial Officer, Arvida Group Limited Tel: [phone] or email: [e-mail]

About Arvida:

Arvida Group Limited (Arvida) is a retirement village group with an emphasis on providing a continuum of care from independent living through to high quality aged care services. Arvida has 25 villages across New Zealand comprising: Aria Bay, Aria Gardens and Aria Park, Auckland; Copper Crest and Views, Tauranga; Lauriston Park, Cambridge; Glenbrae, Bay of Plenty; Molly Ryan, New Plymouth; Lansdowne Park, Masterton; Olive Tree, Palmerston North; Waikanae Lodge, Waikanae; Oakwoods and The Wood, Nelson; Ashwood, Blenheim; Ilam, The Maples, Mayfair, Park Lane, Rhodes on Cashmere, St Albans, St Allisa and Wendover, Christchurch; and Bainlea House, Bainswood House and Bainswood on Victoria, Rangiora. Arvida's shares trade on the NZX Main Board under the code ARV. See www.arvida.co.nz