Memorandum

To: Market Participants
From: NZX Product Operations
Date: Tuesday 28 August 2018
Subject: Trading incident resolved

Message:
Further to our communications with market participants, NZX advises that the incident impacting trading of its markets experienced today has been resolved. The trading system is running with:

- cash markets in enquiry mode according to normal schedule; and
- derivative markets will resume in a normal state at 6:10pm, and will close at 10pm.

Trading for all markets will resume as per normal, tomorrow morning.

Please note, the last traded price will be the closing price for all securities in the cash markets. Additionally, any crossings and pre-negotiated deals effected today that could not be reported should be reported in the pre-open tomorrow morning, and flagged as Late Trades.

NZX apologises to those impacted parties for the inconvenience caused. A full investigation will take place in the following days and an incident report released to the market.

For all operational enquiries please contact NZX Product Operations on +64 4 496 2853 or at: productoperations@nzx.com

ENDS