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KIP considering offer of fixed rate senior secured bonds

NZX RELEASE

25 June 2014

KIP considering offer of fixed rate senior secured bonds

Kiwi Property Management Limited, in its capacity as manager of Kiwi Income Property Trust (Issuer), is considering making an offer of up to $100 million of fixed rate senior secured bonds (Bonds), with the ability to accept up to $25 million of oversubscriptions.

The offer of Bonds is expected to open in July and it is expected the Bonds will have a seven-year maturity. The Bonds will only be offered in New Zealand, and no other country or jurisdiction.

The Issuer is seeking preliminary indications of interest. Should you wish to register your interest in the offer, you may do so by contacting one of the Joint Lead Managers to the offer (listed below) or your usual authorised financial adviser.

Deutsche Craigs Limited 0800 351 153

Bank of New Zealand 09 375 1391

Forsyth Barr Limited 0800 367 227

Indications of interest will not involve an obligation or commitment of any kind.

ENDS


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