Opus International Consultants : Intention to delist from NZX Main Board

11 December 2017

Opus International Consultants Limited (Opus) advises that, following the completion of the compulsory acquisition process being undertaken by WSP NZ Acquisition Limited (WSP) on 10 January 2018, Opus intends to delist from the NZX Main Board. In anticipation of delisting, trading in Opus' shares will be suspended after close of business on Monday, 11 December 2017.

Shareholders that have not accepted WSP's takeover offer for all of Opus' shares (the Offer) may continue to trade their Opus shares prior to the implementation of the suspension.

WSP announced on 4 December 2017 that it had become the dominant owner of Opus for the purposes of the Takeovers Code as a result of acceptances of the Offer, and commenced the compulsory acquisition process at the same time. A copy of the announcement released by WSP is available atwww.nzx.com/companies/OIC.

The proposed timetable for the delisting is:

Date and Time	Event
4 December 2017	Compulsory acquisition notice sent by WSP to all outstanding Opus shareholders to compulsorily acquire the remaining Opus shares
After close of market trading on 11 December 2017	Opus' shares will be suspended from trading on NZX
11.59pm on 3 January 2018	Deadline for outstanding Opus shareholders to return a completed transfer form under the compulsory acquisition provisions of the Takeovers Code
10 January 2018	Date by which WSP will complete the compulsory acquisition process
11.59pm on 10 January 2018	Opus will be delisted from the NZX Main Board

All times and dates referred to above are times and dates in New Zealand, unless otherwise indicated. These times and dates and the references to them are subject to change and are indicative only. Opus will announce any amendment to those times and dates via NZX.

Selling to WSP

Shareholders who return completed transfer forms to WSP by 3 January 2018 will, in accordance with the Takeovers Code, be sent payment by WSP within seven days following WSP receiving the completed transfer form.

If shareholders do not return completed transfer forms by 3 January 2018, then WSP is required to, by 10 January 2018:

(a) pay to Opus $1.78 per Opus share for all outstanding shares which are not held by WSP; and(b) send to Opus a completed share transfer instrument for these outstanding shares, executed on behalf of the relevant outstanding shareholders by WSP (as required under the Takeovers Code).

Any consideration received by Opus under paragraph (a) will be held by Opus in an interest bearing trust account with a registered bank, on trust for the outstanding shareholders until it is claimed. Outstanding shareholders for whom the consideration referred to in paragraph (a) above is paid may claim that consideration directly from Opus.

To ensure they are paid as soon as possible, shareholders who have not accepted the Offer are encouraged to return the transfer form to WSP. Shareholders requiring additional assistance are advised to contact Computershare [e-mail].

ENDS

Media Enquiries, please contact:
Angela Hayes, Opus External Communications Manager
[e-mail], [phone]