NZX RELEASE

19 August 2013

Kiwi Income Property Trust update – Wellington buildings

Kiwi Income Property Trust confirms that its Wellington buildings have only sustained minor damage as a consequence of the 6.2 magnitude earthquake that occurred in the Wellington region on Friday, 16 August 2013.

Inspections completed by structural engineers for The Majestic Centre, Unisys House and Aurora Chambers, 44 The Terrace and North City Shopping Centre indicate that any structural damage observed is minor and that the structural capacity of the buildings inspected is not considered to have been significantly diminished.

ENDS