OPUHA WATER LIMITED Share Register - as at 29/04/2015

Shares Comprising of: Shareholder Name Trustees Address Issued "Water" "L" Class "K" Class "T" Class "D" Class TOTAL

ACCORD DAIRIES LIMITED 169 SCOTT ROAD RD 26 7986 120 60 60 120 AGNEW, EVAN M 233 OPIHI TERRACE ROAD RD 25 TEMUKA 7985 124 124 124 ALLISON FAMILY TRUST Daniel John Allison 21 PARK VIEW TERRACE 7910 8 4 4 8 Michelle Lee Allison 21 PARK VIEW TERRACE TIMARU 7910 Anthony Fraser Allison 6 ALBION LANE MIDDLETON CHRISTCHURCH 8024 One to One Corparate Trustees Limited c/- ONE TO ONE FINANCIAL MANAGEMENT LTD 338 STAFFORD STREET TIMARU 7910 ANNFIELD DAIRIES LIMITED 9 SHAW STREET GERALDINE 7930 130 65 65 130 B C & T E BROWN LIMITED 167 WILKS ROAD RD 26 TEMUKA 7986 160 80 80 160 B J CAIRD LIMITED 60 GEORGETOWN ROAD RD 25 TEMUKA 7985 165 165 165 BAXTER, LYNDON G 196 TIMARU TEMUKA HIGHWAY RD 3 TIMARU 7973 194 137 57 194 BAXTER, M A 196 TIMARU TEMUKA HIGHWAY RD 3 TIMARU 7973 64 32 32 64 BECK, R & R Richard Beck 385 FALVEY ROAD RD 5 TIMARU 7975 8 4 4 8 Rachel Beck 385 FALVEY ROAD RD 5 TIMARU 7975 BELL, M & B 102 OPIHI GORGE ROAD RD 17 FAIRLIE 7987 80 80 80 BELPHER FARM LIMITED 17 DOMINION ROAD RD 3 TIMARU 7973 430 215 215 430 BENNETT FAMILY TRUST, P G & B M Peter George Bennett 74 LEVELS PLAIN ROAD RD 5 TIMARU 7975 6 3 3 6 Bernadette Marie Bennett 74 LEVELS PLAIN ROAD RD 5 TIMARU 7975 PMC Trust Management Limited c/- AORAKI LEGAL LIMITED 153 STAFFORD STREET TIMARU 7910 BLAKEMORE, D G & M M 28 TOTARA VALLEY ROAD RD 12 PLEASANT POINT 7982 160 80 80 160 BLAKEMORE, IAN R 58 HOWELL ROAD RD 12 PLEASANT POINT 7982 116 48 68 116 BLUE STONE FARM LIMITED 535 EARL ROAD RD 25 TEMUKA 7985 200 100 100 200 BONACCORD ENTERPRISES LIMITED 1094 EARL ROAD RD 21 GERALDINE 7991 356 178 178 356 BONIFACIO FAMILY TRUST Peter John Bonifacio 145 MILFORD LAGOON ROAD RD 26 TEMUKA 7986 124 124 124 Christine Mary Bonifacio 145 MILFORD LAGOON ROAD RD 26 TEMUKA 7986 HC Trustees 2012 Limited c/- HC PARTNERS LP GEORGE STREET TIMARU 7910 BOULDER LAKE TRUST Cascade Creek Limited 18 WHAREORA TERRACE CASHMERE CHRISTCHURCH 8002 264 264 264 Ronald David Smith 18 WHAREORA TERRACE CASHMERE CHRISTCHURCH 8002 BOULDER MEADOWS TRUST Ross William Jones 211 PERRYS ROAD RD 17 FAIRLIE 7987 120 120 120 Alice Christine Jones 211 PERRYS ROAD RD 17 FAIRLIE 7987 Woollcombe Trustees 2 Limited c/- FORD SIMPSON LIMITED 2ND FLOOR, 18 WOOLLCOMBE STREET TIMARU 7910 BOULT, R & F Richard Boult 203 KERRYTOWN ROAD RD 5 TIMARU 7975 20 10 10 20 Fiona Boult 203 KERRYTOWN ROAD RD 5 TIMARU 7975 BREEN FAMILY TRUST, P S & C J Paul Stephen Breen 128 FOLEY ROAD RD 5 TIMARU 7975 42 21 21 42 Carolyn Joy Breen 128 FOLEY ROAD RD 5 TIMARU 7975 Peter McPherson c/- FOOTES LIMITED 30 CHURCH STREET TIMARU 7910 BREEN, G D & S A 288 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 20 10 10 20 BROSNAHAN, P G & BROSNAHAN, S J 46 HEDLEY ROAD RD 3 TIMARU 7973 260 130 130 260 BROSNAHAN, T & M Trevor Brosnahan 125 SEADOWN ROAD RD 3 TIMARU 7973 10 5 5 10 Michella Brosnahan 125 SEADOWN ROAD RD 3 TIMARU 7973 BUTLER, J & BAIRD, C 53 FOLEY ROAD RD 5 TIMARU 7975 28 14 14 28 CALLAGHAN LIMITED, P G & S M 361 FAIRLIE GERALDINE HIGHWAY RD 17 FAIRLIE 7987 196 196 196 CAMERON, B & S PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 12 6 6 12 CANNON FAMILY TRUST Murray Graeme Cannon 105 FOLEY ROAD RD 5 TIMARU 7975 28 14 14 28 Linda Frances Cannon 105 FOLEY ROAD RD 5 TIMARU 7975 TM Nominees Limited c/- CROWE HORWATH 44 YORK PLACE DUNEDIN 9016 CHAMPION, J C & INWOOD, M J 123 KERRYTOWN ROAD RD 5 TIMARU 7975 4 2 2 4 CHAPMAN, JOHN L 6 OPIHI TERRACE ROAD RD 25 TEMUKA 7985 288 288 288 CHATADI LIMITED c/- STAPLES RODWAY CHARTERED ACCOUNTANTS 314 RICCARTON ROAD CHRISTCHURCH 8041 28 12 16 28 CLARKE, M A 128 KERRYTOWN ROAD RD 5 TIMARU 7975 1 1 1 CLAY DOWNS FARMING COMPANY 1621 WINCHESTER HANGING ROCK ROAD RD 21 GERALDINE 7991 100 50 50 100 CLAYTON STATION LIMITED CLAYTON ROAD RD 17 FAIRLIE 7987 52 52 52 CLEMENS, J R 90 MANSE ROAD RD 13 PLEASANT POINT 7983 12 6 6 12 CLIFF VIEW TRUST Greig Bailey 524 OPIHI ROAD RD 12 PLEASANT POINT 7982 12 12 12 Sheryl Bailey 524 OPIHI ROAD RD 12 PLEASANT POINT 7982 COOPER, M J & J B Martin John Cooper BENNETT ROAD RD 5 TIMARU 7975 24 12 12 24 Judith Barbara Cooper BENNETT ROAD RD 5 TIMARU 7975 CORBETT, P A & M J Patrick Allan Corbett 58 LEVELS PLAIN ROAD RD 5 TIMARU 7975 28 14 14 28 Marion Jennifer Corbett 58 LEVELS PLAIN ROAD RD 5 TIMARU 7975 COWS 4 US LIMITED 210 ASHWICK FLAT ROAD RD 17 FAIRLIE 7987 59 59 59 CRAIGLILL HOLDINGS LIMITED 1307 CLAYTON ROAD RD 17 FAIRLIE 7987 93 93 93 DAVOREN, R R & Y J Ross Roy Davoren 691 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 4 2 2 4 Yvonne Joyce Davoren 691 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 DAWSON, E W & J H 450 FALVEY ROAD RD 5 TIMARU 7975 26 13 13 26 DEIGHTON FAMILY TRUST Public Trust 40-42 QUEENS DRIVE LOWER HUTT 4 2 2 4 WATER LIMITED Share Register - as at 29/04/2015

Shares Comprising of: Shareholder Name Trustees Address Issued "Water" "L" Class "K" Class "T" Class "D" Class TOTAL

DIRRAGH FARM LIMITED 252 KERRYTOWN ROAD RD 5 TIMARU 7975 64 64 64 DOIG, WILLIAM PAUL 4 KING STREET ASHBURTON 7772 10 5 5 10 DOUBLEDAY, S J 823 OPIHI ROAD RD 12 PLEASANT POINT 7982 6 6 6 DRUMMOND, B J & M M 1 RIMU STREET PLEASANT POINT 7903 36 18 18 36 DYCHE, W A 113 FALVEY ROAD RD 5 TIMARU 7975 6 3 3 6 ESLER, E J & R F 23 KUMARA TERRACE PLEASANT POINT 7903 36 16 20 36 EVANS, J E & D M BARRETTS ROAD RD 3 TIMARU 7973 2 2 2 EVERETT, RAYMOND J 110 FOXWOOD DRIVE POINT COOK MELBOURNE 3030 6 3 3 6 FALVEY ORCHARDS LP c/- HC PARTNERS LP 39 GEORGE STREET TIMARU 7910 28 14 14 28 FANNING FAMILY TRUST John Charles Fanning 687 AROWHENUA ROAD RD 5 TIMARU 7975 62 31 31 62 Gaynor Joan Fanning 687 AROWHENUA ROAD RD 5 TIMARU 7975 Edward Oral Sullivan 7 BRANSCOMBE STREET TIMARU 7910 FISHER FAMILY PARTNERSHIP Christopher John Fisher 359 GOODWIN ROAD RD 25 TEMUKA 7985 120 60 60 120 Rochelle Jane Fisher 359 GOODWIN ROAD RD 25 TEMUKA 7985 FLOWERS, R C WAI-ITI ROAD TIMARU 7910 1 1 1 FOLEY, T J 78 KERRYTOWN ROAD RD 5 TIMARU 7975 22 11 11 22 FORBES, BRENT ROBERT 276 FOLEY ROAD RD 5 TIMARU 7975 4 2 2 4 FOUR PEAKS STATION LIMITED 126 CLAYTON SETTLEMENT ROAD RD 17 FAIRLIE 7987 52 52 52 FOUR WINDS FARM LIMITED 146 MORRIS ROAD RD 17 FAIRLIE 7987 160 160 160 FRANCE, J A & J S 1402 ALBURY FAIRLIE HIGHWAY RD 14 CAVE 16 16 16 FULTON HOGAN (CANT) LIMITED MEADOWS ROAD TIMARU 7910 142 70 72 142 G P & B E SCOTT LIMITED 470 AROWHENUA ROAD RD 5 TIMARU 7975 520 368 152 520 GARDNER, G J 137 NAUGHTON ROAD RD 5 TIMARU 7975 62 31 31 62 GEORGETOWN FAMILY TRUST Michael Scannell 73 BROSNAHAN ROAD RD 5 TIMARU 7975 16 8 8 16 Jan Scannell 73 BROSNAHAN ROAD RD 5 TIMARU 7975 Footes Limited 30 CHURCH STREET TIMARU 7910 GIBSON FAMILY TRUST Donald Harvey Gibson 351 TEMUKA ORARI HIGHWAY WINCHESTER TEMUKA 7920 2 1 1 2 Christine Ann Gibson 351 TEMUKA ORARI HIGHWAY WINCHESTER TEMUKA 7920 Douglas Gibson c/- 351 TEMUKA ORARI HIGHWAY WINCHESTER TEMUKA 7920 GIDDINGS, DAVID S 23 TROTTERS ROAD RD 17 FAIRLIE 7987 76 76 76 GIDDINGS, GEORGE DAVID MEADOWSLEA RD 17 FAIRLIE 7987 32 32 32 GILBERT, J G 32 KERRYTOWN ROAD RD 5 TIMARU 7975 12 6 6 12 GLEN DARARACH PARTNERSHIP 697 GUDEX ROAD RD 17 FAIRLIE 7987 76 76 76 GLENIRE FARM LIMITED 91 CRICKLEWOOD ROAD RD 17 FAIRLIE 7987 90 90 90 GOSLIN, C B 716 MAIN ROAD RD 25 TEMUKA 7985 128 128 128 GOSLIN, R G & C B 716 MAIN WAITOHI ROAD RD 25 TEMUKA 7985 280 280 280 GOULD, T N LYNCH ROAD RD 3 TIMARU 7973 16 16 16 GRAFTON TRUST Robert James Harvey 165 KERRYTOWN ROAD RD 5 TIMARU 7975 80 40 40 80 Sarah Jane Harvey 165 KERRYTOWN ROAD RD 5 TIMARU 7975 Gaynor Joan Fanning 687 AROWHENUA ROAD RD 5 TIMARU 7975 GRAY, W J & C J Warren James Gray 11 BROSNAN ROAD RD 5 TIMARU 7975 10 5 5 10 Carla Jane Gray 11 BROSNAN ROAD RD 5 TIMARU 7975 GRIGG, S & J 183 OPIHI ROAD RD 12 PLEASANT POINT 7982 36 36 36 GUINEY FAMILY TRUST Kieran Joseph Guiney 1028 HAMILTON ROAD RD 17 FAIRLIE 7987 220 220 220 Leonie Francis Guiney 1028 HAMILTON ROAD RD 17 FAIRLIE 7987 HANDY, GORDON S 40 ROLLING RIDGES ROAD RD 5 TIMARU 7975 4 2 2 4 HANDY, T & H O 635 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 20 10 10 20 HANGING ROCK DAIRIES LIMITED 535 EARL ROAD RD 25 TEMUKA 7985 300 150 150 300 HARGEAVES, GERALD 669 GOODWIN ROAD RD 25 TEMUKA 7985 392 196 196 392 HARRISON, COLIN P & KAY 39 BROSNAN ROAD RD 5 TIMARU 7975 18 9 9 18 HART, J R & E M 28 BREEN ROAD RD 5 TIMARU 7975 80 40 40 80 HART, JENNY 32 RIBBONWOOD ROAD RD 21 GERALDINE 7991 78 39 39 78 HAWKINS, M & A L SUTHERLANDS ROAD RD 13 PLEASANT POINT 7983 80 80 80 HAY, P W & M G 1614 CLAYTON ROAD RD 17 FAIRLIE 7987 180 180 180 HENSHAW, D J & C M David James Henshaw 765 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 30 15 15 30 Catherine Mary Henshaw 765 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 HEWSON, J J 413 STERNDALE VALLEY ROAD RD 12 PLEASANT POINT 7982 28 14 14 28 HOWEY, A C & A Anthony Howey UNIT 8, 39 BUTLERS ROAD RD 4 TIMARU 7974 316 208 108 316 A C Howey UNIT 8, 39 BUTLERS ROAD RD 4 TIMARU 7974 HOWEY, D & J 455 OPIHI ROAD RD 12 PLEASANT POINT 7982 132 132 132 HUNTER, S M & ZWARTS, L Shaun M Hunter 37 KERRYTOWN ROAD RD 5 TIMARU 7975 16 16 16 Lisa Zwarts 37 KERRYTOWN ROAD RD 5 TIMARU 7975 HUTTON FAMILY TRUST Terrance William Hutton 55 KERRYTOWN ROAD RD 5 TIMARU 7975 14 7 7 14 Christine Ann Hutton 55 KERRYTOWN ROAD RD 5 TIMARU 7975 OPUHA WATER LIMITED Share Register - as at 29/04/2015

Shares Comprising of: Shareholder Name Trustees Address Issued "Water" "L" Class "K" Class "T" Class "D" Class TOTAL

PMC Trust Management Limited c/- AORAKI LEGAL LIMITED 153 STAFFORD STREET TIMARU 7910 IDEA SERVICES - SOUTH CANTERBURY 6 CAINS TERRACE TIMARU 7910 8 8 8 JOHNSON, P A & A B 1830 CLAYTON ROAD RD 17 FAIRLIE 7987 60 60 60 FARM LIMITED 1440 WINCHESTER HANGING ROCK ROAD RD 21 GERALDINE 7991 140 70 70 140 KAKE, G 232 FALVEY ROAD RD 5 TIMARU 7975 34 34 34 KAYCEE TRUST Kevin John Hessell 609 AROWHENUA ROAD RD 5 TIMARU 7975 10 5 5 10 Cynthia Joyce Willets 609 AROWHENUA ROAD RD 5 TIMARU 7975 KEENAN FAMILY TRUST, L M & J K Lester M Keenan 16 KITCHENER SQUARE TIMARU 7910 104 52 52 104 Julaine K Keenan 16 KITCHENER SQUARE TIMARU 7910 Thomas MacGregor Simpson c/- 16 KITCHENER SQUARE TIMARU 7910 KELLY, G H & K A DIVAN ROAD RD 4 TIMARU 7975 6 6 6 KELYNACK, COLIN J 44 ROLLING RIDGES ROAD RD 5 TIMARU 7975 2 1 1 2 KEMFORD FARM LIMITED 1 ST ANDREW STREET GERALDINE 7930 288 208 80 288 KILGOUR, G M & MOTLEY, C D Gaela Marie Kilgour 91 FOLEY ROAD RD 5 TIMARU 7975 4 2 2 4 Craig David Motley 91 FOLEY ROAD RD 5 TIMARU 7975 LANE FARMING COMPANY LIMITED 535 EARL ROAD RD 25 TEMUKA 7985 400 200 200 400 LAWRENCE, P F & E L 431 TEMUKA TIMARU HIGHWAY RD 3 TIMARU 7973 4 2 2 4 LAWSON FARMS (BALFOUR) LIMITED 85 WINCHESTER-GERALDINE ROAD RD 25 TEMUKA 7985 212 106 106 212 LEONARD, BRIAN M 433 FALVEY ROAD RD 5 TIMARU 7975 10 5 5 10 LEVELS ESTATE CO LIMITED 411 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 432 224 208 432 LEVELS GOLFING LIFESTYLE LIMITED 33 LYNCH ROAD RD 3 TIMARU 7973 8 4 4 8 LISTER, R J 138 LYNCH ROAD RD 3 TIMARU 7973 28 14 14 28 LUNDIE, BRUCE 6 LUNDIE ROAD RD 13 PLEASANT POINT 7983 210 210 210 LYON, A G & O S 305 GAYS PASS ROAD RD 12 PLEASANT POINT 7982 48 48 48 LYON, C G & B E 455 OPIHI ROAD RD 12 PLEASANT POINT 7982 24 24 24 LYON, R L 29 MANSE ROAD RD 13 PLEASANT POINT 7983 20 20 20 M A ORCHARDS LIMITED CONNELLY ROAD RD 3 TIMARU 7973 70 35 35 70 MALONE, S F & J M 406 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 14 7 7 14 MALONE, STEPHEN J 445 FALVEY ROAD RD 5 TIMARU 7975 8 4 4 8 MALTHUS, R J K 110 TE NGAWAI ROAD PLEASANT POINT 7903 4 4 4 MAYSHIEL FARM LIMITED 14 THE TERRACE TIMARU 7910 96 48 48 96 McARTHUR PARK LIMITED 1052 EARL ROAD RD 25 TEMUKA 7985 140 70 70 140 McCAMBRIDGE, M D & WESTERN, A B 378 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 10 5 5 10 McDONALD, MALCOLM EARL ROAD RD 21 GERALDINE 7991 80 40 40 80 McGILLIVRAY, H R & J M 587 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 10 5 5 10 McILRAITH, N A & J A Nicholas Andrew McIlraith 46 KERRYTOWN ROAD RD 5 TIMARU 7975 4 2 2 4 Jane Anne McIlraith 46 KERRYTOWN ROAD RD 5 TIMARU 7975 McKEOWN, JAMES S 569 TOTARA VALLEY ROAD RD 12 PLEASANT POINT 7982 152 52 100 152 McLEOD FAMILY TRUST Lachie John McLeod 88 LYNCH ROAD RD 3 TIMARU 7973 72 36 36 72 Sarah Paige McLeod 88 LYNCH ROAD RD 3 TIMARU 7973 Robert Vincent 180 DOUGLAS STREET TIMARU 7910 McMILLAN, S I & H M 695 AROWHENUA ROAD RD 5 TIMARU 7975 32 16 16 32 McNEILL, D L & F I 189 FALVEY ROAD RD 5 TIMARU 7975 4 2 2 4 McRAE FAMILY TRUST, D G & D M Duncan McRae 242 FOLEY ROAD RD 5 TIMARU 7975 24 12 12 24 Dione McRae 242 FOLEY ROAD RD 5 TIMARU 7975 Banco Trustees Limited c/- BERRY & CO 20 EDEN STREET OAMARU McRAE FAMILY TRUST, S J & J M Stanley John McRae 760 WINCHESTER HANGING ROCK ROAD RD 25 TEMUKA 7985 160 80 80 160 Jean Marilyn McRae 760 WINCHESTER HANGING ROCK ROAD RD 25 TEMUKA 7985 One to One Corporate Trustees Ltd c/- ONE TO ONE FINANCIAL MANAGEMENT LTD 338 STAFFORD STREET TIMARU 7910 MCRAE, S J & J M 760 WINCHESTER HANGING ROAD ROAD RD 25 GERALDINE 7985 10 5 5 10 MEADOWVALE LIMITED 342 TOTARA VALLEY ROAD RD12 PLEASANT POINT 7982 844 416 428 844 MESLEN TRUST James Harry Thickett 298 NAUGHTONS ROAD RD 5 TIMARU 7975 24 12 12 24 Helen Elizabeth Thickett 298 NAUGHTONS ROAD RD 5 TIMARU 7975 MHS Trust Management 2 SEFTON STREET EAST TIMARU 7910 MILL FARM (2005) LIMITED 140 MILL ROAD RD 5 TIMARU 7975 264 218 46 264 MILLS, R G & M I 590 OPIHI ROAD RD 12 PLEASANT POINT 7982 8 8 8 MITCHAM FARMING COMPANY LIMITED 321 PLANTATION ROAD RD 17 FAIRLIE 7987 72 72 72 MOBBERLY, D R SEADOWN ROAD RD 3 TIMARU 7973 84 84 84 MOFFAT, S D & D G Stuart Douglas Moffat KERRYTOWN ROAD RD 5 TIMARU 7975 40 20 20 40 Dale Gloria Moffat KERRYTOWN ROAD RD 5 TIMARU 7975 MOFFITT, R & V Robert Reginald Moffitt 91 DOMINION ROAD RD 3 TIMARU 7973 28 14 14 28 Valerie Ann Moffitt 91 DOMINION ROAD RD 3 TIMARU 7973 MOFFITT, R R & V A 91 DOMINION ROAD RD 5 TIMARU 7975 24 12 12 24 MOIR, G L SEAFORTH SETTLEMENT ROAD RD 3 TIMARU 7973 4 4 4 OPUHA WATER LIMITED Share Register - as at 29/04/2015

Shares Comprising of: Shareholder Name Trustees Address Issued "Water" "L" Class "K" Class "T" Class "D" Class TOTAL

MONUMENT ROAD FARM LIMITED 106 ACCESS ROAD RD 3 KERIKERI 0245 425 160 265 425 MOODIE, L P & J A MEADOWS ROAD RD 3 TIMARU 7973 58 29 29 58 MORRIS, G R & T E 143 SEADOWN ROAD RD 3 TIMARU 7973 6 3 3 6 MORROW CONTRACTING LIMITED 702 AROWHENUA ROAD RD 5 TIMARU 7975 48 48 48 MOSSMAN HOLDINGS LIMITED 30 OLD NORTH ROAD TIMARU 7910 4 2 2 4 MOUNTAIN VIEW DAIRY FARM LIMITED 504 WAIRAKEI ROAD BURNSIDE CHRISTCHURCH 8053 84 84 84 MURITAI COMPANY FARM LIMITED 40 HYNDMAN ROAD RD 25 TEMUKA 7985 360 180 180 360 NEILSON, K E 7 KYBER STREET PLEASANT POINT 7903 16 16 16 NEWTON FAMILY TRUST Alan Newton 329 WAIPOPO ROAD RD 3 TIMARU 7973 82 41 41 82 Janice Newton 329 WAIPOPO ROAD RD 3 TIMARU 7973 Ronald Taylor c/- 329 WAIPOPO ROAD RD 3 TIMARU 7973 NZ RURAL PROPERTY TRUST NOMINEES LTD c/- RURAL EQUITIES LIMITED FIRST FLOOR, 120 KARAMU ROAD HASTINGS 4122 440 220 220 440 NZ-UK MEDICAL LOCUMS LIMITED 251 STAFFORD STREET TIMARU 7910 8 4 4 8 OLIVER, ESTATE OF GERALD 959 PLEASANT POINT HIGHWAY RD 4 TIMARU 7974 54 27 27 54 ONEILL, K B 11 ALBURY FAIRLIE HIGHWAY RD 17 FAIRLIE 7987 44 44 44 ONSTREAM DAIRIES LIMITED 60 GEORGETOWN ROAD RD 25 TEMUKA 7985 457 237 220 457 OPAWA ENTERPRISES LIMITED 76 WILFRED ROAD RD 14 CAVE 7984 400 200 200 400 PAGAN CHAPMAN TRUST Warren Pagan 19 PYE ROAD RD 21 GERALDINE 7991 100 50 50 100 Bronwyn Pagan 19 PYE ROAD RD 21 GERALDINE 7991 Ewan Chapman c/- MESSRS DUNCAN COTTERILL 1 SIR WILLIAM PICKERING DRIVE CHRISTCHURCH 8053 PAGE FAMILY TRUST Graeme James Page THREE SPRINGS RD 17 FAIRLIE 7987 32 32 32 PARR, M S & J B 26 LEY ROAD RD 12 PLEASANT POINT 7982 120 120 120 PEARSE, JEFFREY J W 70 PEARSE ROAD RD 25 TEMUKA 7985 264 264 264 PHAR LAP RACEWAY c/- 34 ROLLING RIDGES ROAD RD 5 TIMARU 7975 84 42 42 84 PHILLIPS FARMING COMPANY 646 SEADOWN ROAD RD 3 TIMARU 7973 6 3 3 6 PHILLIPS, J 646 SEADOWN ROAD RD 3 TIMARU 7973 30 15 15 30 PHILPOTT, A M & K L 39 DRISCOLL ROAD RD 4 TIMARU 7974 6 3 3 6 PHISKIE, DAVID W & MCCABE, MIRIAM D 150 FOLEY ROAD RD 5 TIMARU 7975 4 2 2 4 PLEASANT POINT GOLF CLUB BUTLERS ROAD RD 4 TIMARU 7974 16 16 16 POMROY, G T & L L 109 KERRYTOWN ROAD RD 5 TIMARU 7975 8 4 4 8 POW FAMILY TRUST, K W & M A Keith William Pow 829 EARL ROAD RD 25 TEMUKA 7985 234 117 117 234 Marilyn Amy Pow 829 EARL ROAD RD 25 TEMUKA 7985 HC Trustees 2013 Ltd 39 GEORGE STREET TIMARU 7910 POWER, S N & PRINGLE, A M Stephen Nathan Power 711 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 16 8 8 16 Alison Margaret Pringle 711 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 PYE GROUP LIMITED 251 RISE ROAD RD 26 TEMUKA 7986 160 160 160 RABBIDGE, M J & R C Mark James Rabbidge 56 NAUGHTONS ROAD RD 5 TIMARU 7975 6 3 3 6 Rowan Claire Rabbidge 56 NAUGHTONS ROAD RD 5 TIMARU 7975 RACKSTRAW, A G 2A ARGYLE GROVE TRENTHAM UPPER HUTT 5018 4 4 4 RAE FAMILY TRUST, S J & V M Stephen James Rae 71 KERRYTOWN ROAD RD 5 TIMARU 7975 22 11 11 22 Vicki Maree Rae 71 KERRYTOWN ROAD RD 5 TIMARU 7975 Hubbard Churcher Trust Management Limited 39 GEORGE STREET TIMARU 7910 STATION LIMITED 617 RAINCLIFF ROAD RD 12 PLEASANT POINT 7982 16 16 16 RATUKEALE PARTNERSHIP 205 YOUNG ROAD RD 25 TEMUKA 7985 40 40 40 RAUMEA FARMS LIMITED 406 SMART MUNRO ROAD RD 13 PLEASANT POINT 7983 225 225 225 RAVENSDOWN FERTILISER CO-OPERATIVE LIMITED 312 MAIN SOUTH ROAD HORNBY CHRISTCHURCH 8042 96 48 48 96 REID, P S & BLOOMFIELD, M F 490 FALVEY ROAD RD 5 TIMARU 7975 4 2 2 4 RISK, WILLIAM A 633 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 24 12 12 24 RIVERDALE DAIRY LIMITED 279 WINCHESTER HANGING ROCK ROAD RD 25 TEMUKA 7985 500 250 250 500 RIVERHOLME PASTURES LIMITED 169 SCOTT ROAD RD 26 TEMUKA 7986 572 372 70 130 572 RIVERTON FARM LIMITED 331 AROWHENUA ROAD RD 5 TIMARU 7975 236 118 118 236 ROBERTS, D 9 HILLVIEW PLACE PLEASANT POINT 7903 160 80 80 160 ROBINS, P M & A K 154 RAINCLIFF ROAD RD 12 PLEASANT POINT 7982 184 104 80 184 ROBINSON, M J & D J Megan Jayne Robinson 67 BROSNAN ROAD RD 5 TIMARU 7975 20 10 10 20 David John Robinson 67 BROSNAN ROAD RD 5 TIMARU 7975 ROCKBURN FARMING COMPANY LIMITED 19 LIMESTONE ROAD RD 21 GERALDINE 7991 220 110 110 220 RONNOCO TRUST Stefen Christopher O'Connor 727 SEADOWN ROAD RD 3 TIMARU 7973 84 42 42 84 Colin John Brosnahan GOODWIN ROAD RD 25 TEMUKA 7985 ROONEY HOLDINGS LIMITED STUDHOLME RD 10 WAIMATE 7980 24 12 12 24 ROY FAMILY TRUST Alistair Albert Roy 56 FOLEY ROAD RD 5 TIMARU 7975 8 4 4 8 Lynnette Roy 56 FOLEY ROAD RD 5 TIMARU 7975 Duncan Brand HADLOW RD 4 TIMARU 7974 RYAN FARMS LIMITED SUTHERLANDS RD 12 PLEASANT POINT 7982 82 82 82 RYAN, PATRICK JOHN 28 KABUL STREET PLEASANT POINT 7903 6 6 6 OPUHA WATER LIMITED Share Register - as at 29/04/2015

Shares Comprising of: Shareholder Name Trustees Address Issued "Water" "L" Class "K" Class "T" Class "D" Class TOTAL

SANDY KELMAN FARMS LIMITED 47 BEEBY ROAD RD 26 TEMUKA 7986 400 200 200 400 SCANNELL, A M 127 TE NGAWAI ROAD PLEASANT POINT 7903 16 16 16 SEAFORTH FARM LIMITED 382 SEADOWN ROAD RD 3 TIMARU 7973 12 12 12 SELOC CAPITAL DEVELOPMENT TRUST Parihaka Trustees 2009 Limited c/- WEBB ROSS McNAB KILPATRICK LTD 9 HUNT STREET WHANGAREI 0110 4 2 2 4 SHALLOW CREEK FARMS LIMITED 971 CLAYTON ROAD RD 17 FAIRLIE 7987 124 124 124 SHAW, P G & S D 36 HIDES ROAD RD 3 TIMARU 7973 4 2 2 4 SHAW, T R KERRYTOWN ROAD RD 5 TIMARU 1 1 1 SHORE, J L 80A TEMPLE CRESENT Gleniti TIMARU 7910 4 4 4 SHORTUS, C L 159 LEVELS PLAIN ROAD RD 5 TIMARU 7975 46 23 23 46 SIMPSON, EUNICE EFFIE 193 KERRYTOWN ROAD RD 5 TIMARU 7975 2 1 1 2 SKIPTON FARM LIMITED 169 SCOTT ROAD RD 26 TEMUKA 7986 64 64 64 SLATER FARMS LIMITED 272 BRENTONS ROAD RD 21 GERALDINE 7991 100 50 50 100 SLIEP, W & TRIMPE BURGER, F M 243 MATHEW ROAD RD 25 TEMUKA 7985 88 88 88 SMITH, M R & R E Malcolm Russell Smith 215 FALVEY ROAD RD 5 TIMARU 7975 82 41 41 82 Robyn Elaine Smith 215 FALVEY ROAD RD 5 TIMARU 7975 SOUTH CANTERBURY CAR CLUB c/- TIMARU INTERNATIONAL MOTOR RACEWAY FALVEY ROAD TIMARU 7975 12 6 6 12 SOUTH HILTON LIMITED 875 EARL ROAD RD 25 TEMUKA 7985 440 220 220 440 STANTON FARM TRUST David Stanton 246 GUALTER ROAD RD 21 GERALDINE 7991 200 100 100 200 Neil Stanton c/- 246 GUALTER ROAD RD 21 GERALDINE 7991 Ian Fullerton 216 AVONHEAD ROAD CHRISTCHURCH 8042 STERNDALE FARM LIMITED STERNDALE ROAD RD 12 PLEASANT POIINT 7982 664 320 344 664 STONEBROOK DAIRY FARM LIMITED STRATHALLAN ROAD RD 17 FAIRLIE 7987 88 88 88 STRATFORD, B G 331 AROWHENUA ROAD RD 5 TIMARU 7975 513 274 239 513 STROMNESS GROUP LIMITED 464 ROCKWOOD ROAD RD 12 PLEASANT POINT 7982 494 288 206 494 TAGGART FAMILY TRUST Geoffrey Roscoe Taggart 210 OPIHI SCHOOL ROAD RD 12 PLEASANT POINT 7982 40 40 40 Wendy Elizabeth Taggart 210 OPIHI SCHOOL ROAD RD 12 PLEASANT POINT 7982 John Roscoe Taggart 2872 TRAM ROAD R D 5 RANGIORA Barbara May Taggart 2872 TRAM ROAD R D 5 RANGIORA TAGGART, G R & W E 210 OPIHI SCHOOL ROAD RD 12 PLEASANT POINT 7982 68 68 68 TAYLOR, J E & A R 278 ALLANDALE ROAD RD 17 FAIRLIE 7987 116 116 116 TE AWA LAND CO LIMITED 260C TE AWA ROAD RD 25 TEMUKA 7985 250 125 125 250 TE NGAWAI DOWNS LTD 245 CRICKLEWOOD ROAD RD 17 FAIRLIE 7987 38 38 38 TEMARA VENTURES LTD 272 BRENTONS ROAD RD 21 GERALDINE 7991 50 25 25 50 THE KOWHAIS LIMITED c/- J MACFARLANE 88 RUNDLES ROAD ASHBURTON 160 160 160 THE ROCK FARM LTD 1353 PLEASANT POINT CAVE HIGHWAY RD13 PLEASANT POINT 7983 46 46 46 THOMPSON, L M 60 AORANGI ROAD RD 3 TIMARU 7973 28 14 14 28 THR FOUR BRUGGEMANS FAMILY TRUST James Bruggeman 22 LEVELS PLAIN ROAD RD 5 TIMARU 7975 8 4 4 8 Peter William Hutt c/- TRIPP ROLLESTON TRUSTEE SERVICES LTD 251 STAFFORD STREET TIMARU 7910 TIMARU AIRPORT AUTHORITY c/- COUNCIL 2 KING GEORGE PLACE TIMARU 7910 238 119 119 238 TIMARU DISTRICT COUNCIL c/- TIMARU DISTRICT COUNCIL 2 KING GEORGE PLACE TIMARU 7910 107 51 47 9 107 TIMARU GOLF CLUB INC 87 LYNCH ROAD RD 3 TIMARU 7973 90 45 45 90 TONNIC FAMILY TRUST Tony David Peake 119 LEVELS PLAIN ROAD RD 5 TIMARU 7975 8 4 4 8 Nicola Marie Odey 119 LEVELS PLAIN ROAD RD 5 TIMARU 7975 Jennifer Ann Guard 210 PAGES ROAD TIMARU TREGENZA FAMILY TRUST, R W P & S M Richard William Paul Tregenza 143 FALVEY ROAD RD 5 TIMARU 7975 42 21 21 42 Susan Mary Tregenza 143 FALVEY ROAD RD 5 TIMARU 7975 HC Trustees 2010 Limited c/- HC PARTNERS LP GEORGE STREET TIMARU 7910 TROUNCE, L B K & A M Lyndsay Bruce Kendall Trounce 139 PHAR LAP ROAD RD 3 TIMARU 7973 64 32 32 64 Alison Margaret Trounce 139 PHAR LAP ROAD RD 3 TIMARU 7973 USSHER, S G & C J 2 MATTHEW ROAD RD 25 TEMUKA 7985 76 38 38 76 VERITY FAMILY TRUST, NORMAN Margaret Elizabeth Verity 2/4 BEVERLEY ROAD TIMARU 7910 10 5 5 10 Harold Noel Dellow 25B WAI-ITI ROAD TIMARU 7910 WAINONO DAIRY LIMITED 269 STAFFORD STREET TIMARU 7940 344 344 344 WAITOHI DAIRY LIMITED c/- GABITIES LIMITED 100 BURNETT STREET ASHBURTON 7700 412 412 412 WALLACE FAMILY TRUST Colin Douglas Wallace 510 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 4 2 2 4 Judith Maureen Wallace 510 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 Alan K Hinton 24 MARLBOROUGH CRESENT RICHMOND NELSON 7020 Fletcher Vautier and Moore 2/105 COLLINGWOOD STREET NELSON 7010 WALNE, A R & J S Andrew Ralph Walne 628 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 14 7 7 14 Julia Sian Walne 628 PLEASANT POINT HIGHWAY RD 5 TIMARU 7975 WALSH, P M & K M 341 SEADOWN ROAD RD 3 TIMARU 7973 12 12 12 WARREN, ALAN F BURKE STREET PLEASANT POINT 7903 4 4 4 WHEARTY, N J & P A 88 HOWELL ROAD RD12 PLEASANT POINT 7982 40 20 20 40 WHISKY SPRINGS DAIRY LIMITED 368 NIXONS ROAD RD 17 FAIRLIE 7987 88 88 88 OPUHA WATER LIMITED Share Register - as at 29/04/2015

Shares Comprising of: Shareholder Name Trustees Address Issued "Water" "L" Class "K" Class "T" Class "D" Class TOTAL

WHITE, F S & D J TIMARU TEMUKA HIGHWAY RD 3 TIMARU 7973 194 97 97 194 WHITE, L W 7 EVANS STREET TIMARU 7910 10 5 5 10 WHITE, R J & A L 34 ROLLING RIDGES ROAD RD 5 TIMARU 7975 16 8 8 16 WHL DEVONDALE LIMITED 260C TE AWA ROAD RD 25 TEMUKA 7985 200 100 100 200 WILLIAMS HOLDINGS LIMITED 273 OPIHI ROAD RD 12 PLEASANT POINT 7982 56 56 56 WILLIAMS, D A & P G OPUHA DAM ROAD RD 17 FAIRLIE 7987 80 80 80 WILLIAMS, DANIEL IKE 233 RAINCLIFF ROAD RD 12 PLEASANT POINT 7982 104 52 52 104 WILSON, BARRY 29 KUMARA TERRACE PLEASANT POINT 2 1 1 2 WILSON, R F & L M Ronald Francis Wilson 262 FOLEY ROAD RD 5 TIMARU 7975 6 3 3 6 Lorraine Margaret Wilson 262 FOLEY ROAD RD 5 TIMARU 7975 WILSON, SANDRA KERRYTOWN ROAD RD 5 TIMARU 7975 4 2 2 4 WIMBORNE DAIRY FARM LTD 1028 HAMILTON ROAD RD 17 FAIRLIE 7987 160 160 160 WINSCOMBE FARMING PARTNERSHIP 23 CLAYTON SETTLEMENT ROAD RD 17 FAIRLIE 7987 52 52 52 WINTER, W R STATE HIGHWAY ONE RD 3 TIMARU 13 13 13 WRIGHT, ROBIN 2337 GERALDINE FAIRLIE HIGHWAY RD 21 GERALDINE 7991 40 20 20 40

25382 16000 3303 3208 2664 207 25382

"Water" "L" Class "K" Class "T" Class "D" Class TOTAL