Nuplex Industries : Scheme of Arrangement Completed

NZX/ASX/Media release 13 September 2016

Scheme of Arrangement completed

Nuplex Industries Limited (Nuplex, NZX/ASX code: NPX) advises that the Scheme of Arrangement (Scheme) with Allnex New Zealand Limited (Allnex) has been implemented today. Accordingly, Allnex (a subsidiary of Allnex Belgium SA/NV) now owns all of the shares in Nuplex.

For each Nuplex share held on the Scheme Record Date (7.00 pm on Wednesday 7 September 2016), shareholders were:

• today paid the Scheme Consideration of NZ$5.43; and

• yesterday paid the compensatory dividend of 3.150 NZ cents.

Nuplex Chairman Peter Springford said "On behalf of the Board, I would like to thank our employees, shareholders and customers, both past and present, for your support."

Nuplex has requested to be delisted from the NZX Main Board and removed from the official list of the ASX from the close of trading today, 13 September 2016.

In accordance with the Scheme Implementation Agreement, the current directors of Nuplex have resigned with effect from implementation of the Scheme, and Marie van In and Paul Craig have been appointed as directors of Nuplex from that time.

Ends

For more information regarding Nuplex

Investors	New Zealand media	Australian media
Josie Ashton, Nuplex	Louisa Jones, Porter Novelli	Paula Hannaford, Kreab
[phone]	[phone]	[phone]
[e-mail]	[e-mail]	[e-mail]

About Nuplex

Nuplex is a leading, global manufacturer of resins used in paints, coatings and structural materials with annual sales of c.NZ$1.5 billion (c.US$1 billion). Listed on the NZX and the ASX, Nuplex is a global leader in rheology control coatings technology, as well as performance and industrial coating resins, particularly for Automotive OEM, Vehicle Re-finish, Wood, and Protective coatings. From its 16 production sites located across Asia, Europe, America and Australia and New Zealand, Nuplex has customers in over 80 countries worldwide. Through its global R&D network of local technical service support, regional R&D centers and a dedicated Innovation Centre in The Netherlands, Nuplex works in partnership with its customers to develop the right solution for their coatings challenges.

About Allnex

Allnex, formerly Cytec Industries' Coating Resins business and acquired by Advent in 2013, with sales of approximately US$1.5 billion, is a leading global producer of coating resins and

additives for architectural, industrial, protective, automotive and special purpose coatings and inks. Allnex is recognized as a specialty chemicals pioneer and offers an extensive range of products including innovative liquid resins & additives, radiation cured and powder coating resins & additives and cross linkers for use on wood, metal, plastic, and other surfaces. Today, Allnex has a strong global presence with 17 manufacturing sites and 12 research & technology support facilities throughout the world, focusing on assisting its approximately 3,000 customers to rapidly bring advanced coating solutions to market.

About Advent International

Founded in 1984, Advent International is one of the largest and most experienced global private equity firms and a leading investor in the global Chemicals industry. Advent's investment philosophy is centred on supporting leading management teams and providing resources for further growth in order to execute on a mutually developed strategy and investment case. To date, Advent has raised cumulative capital of US$53 billion and has executed over 310 transactions including over 30 investments in the Chemicals industry. Advent has a strong track record of making significant and successful investments, with recent chemicals transactions including Allnex (formerly Cytec Industries' Coating Resins business), Oxea, Maxam, Viakem and Grupo Transmerquim. Advent also has extensive experience in conducting Public-to-Private transactions, with recent examples including Douglas, Mediq and Unit 4.

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