KMD
11/02/2015 16:13
SSH
NOT PRICE SENSITIVE
REL: 1613 HRS Kathmandu Holdings Limited

SSH: KMD: SSH Notice - Fisher Funds Management Limited

Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988

To: New Zealand Exchange Ltd
And:  Kathmandu Holdings Limited
Date this disclosure made: 11 February 2015
Date last disclosure made: 16 December 2014

Substantial security holder(s) giving disclosure
Name(s): Fisher Funds Management Limited
Contact details: Murray Brown, 09 484 0354, murray@fisherfunds.co.nz
Date on which substantial security holder(s) ceased to have substantial
holding: 10 February 2015

Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares
Summary for: Fisher Funds Management Limited
For last disclosure,
(a) Total number held in class: 12,458,934
(b) Total in class: 201,318,944
(c) Total percentage held in class: 6.19%
For current holding after ceasing to have substantial holding:
(a) Total number held in class:  8,458,934
(b) Total in class: 201,484,583
(c) Total percentage held in class: 4.20%

Details of transactions and events giving rise to person ceasing to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:
(Please see attachment)

Additional information
Nature of connection between substantial security holders:
(Please see attachment)

Address of substantial security holder(s): Fisher Funds Management Limited,
Level 1, Crown Centre 67-73 Hurstmere Road, Takapuna, Auckland

Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Act in relation to the securities to which
this disclosure relates:  N/A
Declaration
I, Murray Brown, declare that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I am duly
authorised to make this disclosure by all persons for whom it is made.
End CA:00260532 For:KMD    Type:SSH        Time:2015-02-11 16:13:22
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