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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and

Name of listed issuer:

Date this disclosure made:

Date of last disclosure:

Spark New Zealand Limited (Spark NZ) n!=:eptember 2016

19 September2016

Director or senior manager giving disclosure

Full name(s):

Name of listed issuer:

Name of related body corporate (if applicable):

Position heldin listed issuer:

Simon Moulter

Spark NZ

Spark Finance Limited

Managing Director

Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:

Nature of the affected relevant interest(s):

For that relevant interest-

Number held in class before acquisition or disposal:

Number held in class after acquisition or disposal:

Current registered holder(s):

Registered holder(s) once transfers are registered:

Ordinary shares in Spark NZ

Legal ownership of ordinary shares upon reclassification of redeemable ordinary shares pursuant to the Performance Equity Scheme 2012

511,608ordinary shares

701,748ordinary shares

Simon Moutter

Simon Moutter

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative:

Class of underlying financial products:

Details of affected derivative-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any):

A statement as to whether the derivative is cash settled or physically settled:

Maturity date of the derivative (if any):

Expiry date of the derivative(if any):

The price specified in the terms of the derivative (if any):

Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:

NIA

NIA

NIA

NIA

NIA

NIA

For that denvat,ve,-

Parties to the derivative: IN/A

If the director or senior manager is not a party to the derivative, the nature of the relevant

interest in the derivative:"N_I_A

Details of transactions giving rise to acquisition or disposal

Details of transactions re

Date of transaction:

One

l 22 September2016

Nature of transaction:

Nameof anyotherparty orparties to thetransaction (ifknown):

Theconsideration,expressed inNew Zealand dollars,paidor recievedfor the acquisition ordisposal. Ifthe consideration was notincash and cannotbe readily byconverted into a cash value .describe theconsideration:

Number of financial products to whichthe transactionrelated:

If the issuerhas afinancial productstrading poltcy thatprohibits directors or semor managers fromtrading duringany period without writtenclearance (a closedperiod) include the following details-

Whetherrelevant interests were aouired or disposed of durinQ a closed period:

Whether priorwrittenclearancewasprovidedto allowthe aquisition or disposalto proceedduring theclosed period:

Dateof the priorwritten clearance (ifany):

Summary of other relevant interests after acquisitionor disposal:

Class of ouotedfinancial products:

Nature ofrelevant interest:

For that relevantinterest,-

Number heldin class: Current reqistered holder(s):

For aderivative relevant interest,-

!Type ofderivative:

Details of derivative,-

Legal ownershipof ordinary shares upon reclassificationofredeemableordinary shares pursuantto the Performance Equity Scheme 2012

N A

Services as Managing Director

190,140ordinary shares inSpark NZ

Ordinary shares

Beneficialownershipof ordinaryshares subject torestrictions underManaging DirectorLong Term IncentiveScheme,legalownership of ordinary shares, legaland beneficial ownershipof share rightsand legalownershipof redeemableordinary shares

380,262restricted shares, 701,748 ordinary shares,227,407 redeemableordinaryshares and 1,247,035 share rights

Spark Trustee Limtied,Simon Moulter

Thenotionalvalue of the derivative(if any)or the notionalamount ofunderlying financial products(if any):

A statement as towhether the derivative iscashsettled orphysically settled:

Maturity dateof the derivative(if any):

Expiry date of thederivative (if any):

Theprice's specified terms (ifany):

Any other details neededto understand how the amount of the considerationpayable under the derivativeor thevalueof the derivativeis affected by the value of the underlyingfinancial products:

Forthat derivativerelevant interest,-

Partiesto the derivative:

Ifthe director orsenior manager is not a partytothe derivative ,the nature of the relevant interestin the derivative:

NIA

NIA

NIA

NIA

N A

N A

N A

NIA

Certification

Icertifythat,to the best of my knowledge and belief, theinformation containedin this disclosure is correct and thatI am duly authorised to make this disclosure byallpersons forwhom itismade.

Signature of director or officer:

Date of signature:

or

Signature of person authorised to sign on behalf of director or officer:

Date of signature:

Name and title of authorised person:

Notes

Use this form to disclose all the aquisitions and disposals by a director or senior manager of a listed issuer, or of a related body corporate, or in specified derivatives. The disclosure must be made within-

  1. 20 working days after the first aquisition or disposal disclosed in this notice if the aquisitions or disposals are of a kind referred to in section 297(2){a) of the Financial Markets Conduct Act 2013; or

  2. in any other case, 5 trading days after the first aquisition or disposal disclosed in this notice.

Spark New Zealand Ltd. published this content on 22 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 September 2016 10:11:07 UTC.

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