Augusta Capital : 25/07/16- "Sale of Finance Centre approved – Special Meeting Result""

NZX RELEASE‌

25 July 2016

SALE OF FINANCE CENTRE APPROVED - RESULTS OF SPECIAL MEETING

Augusta Capital Limited is pleased to confirm that sale of the Finance Centre properties was approved as a special resolution at the special shareholder meeting held this afternoon.

The results of the meeting were: Total votes cast: 60,520,959

Votes in favour of the resolution: 58,239,157, being 96.23% of the total votes cast Votes against the resolution: 2,281,802 being 3.77% of the total votes cast

A copy of the presentation provided at the meeting, along with Link's confirmation of the voting results is attached.

-ENDS-

For further information please contact: Mark Francis

Managing Director

Augusta Capital Limited | Level 2, 4 Viaduct Harbour Ave | Auckland | New Zealand PO Box 37953 Parnell | P:[phone] | F:[phone] | www.augusta.co.nz

Augusta Capital Limited

Special Meeting

The Pullman Hotel, Auckland 25 July 2016 at 2.00pm

AGENDA

INTRODUCTION

PRESENTATION ON THE PROPOSED SALE AND STRATEGIC DIRECTION

SHAREHOLDER QUESTIONS

VOTE

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RESOLUTION AND RECOMMENDATION

"That the shareholders of Augusta Capital Limited approve the sale of the Finance Centre properties (as more particularly described in the Explanatory Notes) to Heng Yue Limited, pursuant to sale and purchase agreements between the Company and Heng Yue Limited dated 14 June 2016, for the consideration and otherwise on the terms set out in the Explanatory Notes and that the directors be authorised to take all actions, do all things and execute all necessary documents and agreements necessary or considered by them to be expedient to give effect to such transactions."

The Directors of Augusta Capital Limited unanimously recommend that

shareholders approve the sale of the Finance Centre, Auckland Central

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