GENERAL: SPK: Cleansing Notice

29 August 2016

Spark Finance Limited (SFL) gives notice under clause 20(1)(a) of schedule 8 of the Financial Markets Conduct Regulations 2014 (Regulations) that it proposes to make an offer of unsecured, unsubordinated fixed rate bonds (Bonds) in reliance upon the exclusion in clause 19 of schedule 1 of the Financial Markets Conduct Act 2013 (FMCA).

Except for the interest rate and maturity date, the Bonds will have identical rights, privileges, limitations and conditions as SFL's NZ$100,000,000 unsecured, unsubordinated fixed rate bonds maturing on 10 March 2023, which are quoted on the NZX Debt Market under the ticker code SPF560 (SPF560 Bonds) and therefore are of the same class as the SPF560 Bonds for the purposes of the FMCA and the Regulations.

The SPF560 Bonds have been continuously quoted on the NZX Debt Market over the preceding three months and trading in the SPF560 Bonds has not been suspended during that period.

As at the date of this notice, SFL is in compliance with:

• the continuous disclosure obligations that apply to it in relation to the SPF560 Bonds; and

• its financial reporting obligations (as defined in the Regulations).

As at the date of this notice, there is no excluded information required to be disclosed for the purposes of the Regulations.

As at the date of this notice, there is no information that would be required to be disclosed under a continuous disclosure obligation or which would be excluded information required to be disclosed for the purposes of the Regulations if the SPF560 Bonds had had the same interest rate or redemption date as the Bonds being offered.

-ENDS-

For media queries, please contact: Richard Llewellyn

Head of Corporate Communications +64 (0) 27 523 2362

For investor relations queries, please contact: Dean Werder

General Manager Finance and Performance +64 (0) 27 259 7176

Spark Finance Limited

Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand