Summerset : Appendix 7 – 1Y17

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APPENDIX 7 - NZSX Listing Rules

Notice of event affecting securities

Number of pages including this one (Please provide any other relevant

NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.

Summerset Group Holdings Limited

Full name of Issuer

Leanne Walker

Directors' Resolution

Name of officer authorised to Authority for event,

Contact phone number	[phone]	Contact fax number	Date	14	08
Nature of event	Bonus	If ticked,	Rights Issue
Tick as appropriate	Issue	state whether:	Taxable	/ Non Taxable	Conversion	Interest	Renouncable
Rights Issue	Capital Call	Dividend	If ticked, state	Full
non-renouncable	change	x	whether: Interim X	Year	Special	DRP Applies x

make this notice e.g. Directors' resolution

Ordinary Shares

EXISTING securities affected by this If more than one security is affected by the event, use a separate form. Description of the ISIN

class of securities

NZSUME0001S0

If unknown, contact NZX

2017

Details of securities issued pursuant to this event If more than one class of security is to be issued, use a separate form for each class.

Description of the ISIN

class of securities

If unknown, contact NZX

Number of Securities to Minimum Ratio, e.g

be issued following event Entitlement 1 for 2 for

Conversion, Maturity, Call Treatment of Fractions

Payable or Exercise Date

Enter N/A if not applicable

Tick if provide an

pari passu OR explanation

Strike price per security for any issue in lieu or date of the

Strike Price available. ranking

Monies Associated with Event Dividend payable, Call payable, Exercise price, Conversion price, Redemption price, Application money.

Amount per security

In dollars and cents

3.9 cents per share

Revenue Reserves

Source of Payment

Nil

(does not include any excluded income)

Excluded income per security (only applicable to listed PIEs)

Nil

Supplementary Amount per security

New Zealand Dollars

Currency dividend in dollars and cents

$8,675,247

details -

Total monies

NZSX Listing Rule 7.12.7

Date Payable

Taxation Amount per Security in Dollars and cents to six decimal places

1.287 cents per share

$

Nil

In the case of a taxable bonus Resident Imputation Credits

issue state strike price Withholding Tax (Give details)

$

Foreign FDP Credits

Withholding Tax (Give details)

Timing (Refer Appendix 8 in the NZSX Listing Rules)

Record Date 5pm Application Date

For calculation of entitlements - Also, Call Payable, Dividend /

29 August, 2017

11 September, 2017

Interest Payable, Exercise Date,

Conversion Date. In the case of applications this must be the last business day of the week.

Notice Date Allotment Date

Entitlement letters, call notices, For the issue of new securities.

11 September, 2017

conversion notices mailed Must be within 5 business days

of application closing date.

OFFICE USE ONLY

Ex Date:

Commence Quoting Rights: Security Code:

Cease Quoting Rights 5pm:

Commence Quoting New Securities: Security Code:

Cease Quoting Old Security 5pm: