Cash Margin Circular #42 Effective Date: EOD 9-August-2018 NZSX Current New Code Name Margin Margin Note ALF Allied Farmers Limited Ordinary Shares 33.30% 25.50% Down APA Asia Pacific Fund (NS) Units 15.00% 8.00% Down APL Asset Plus Limited Ordinary Shares 10.50% 8.00% Down ATM The a2 Milk Company Limited Ordinary Shares 17.90% 14.30% Down BIT The Bankers Investment Trust Plc Ordinary Units 10.10% 8.00% Down CAV Cavalier Corporation Limited Ordinary Shares 17.60% 14.50% Down DGL Delegat Group Limited Ordinary Shares 9.30% 8.20% Down EUF Europe Fund (NS) Units 8.00% 5.00% Down EVO Evolve Education Group Limited Ordinary Shares 15.20% 11.00% Down FBU Fletcher Building Limited Ordinary Shares 9.50% 7.10% Down FCT Foreign & Colonial Investment Trust Plc Ordinary Units 15.00% 8.00% Down HLG Hallenstein Glasson Holdings Limited Ordinary Shares 8.20% 6.10% Down IKE ikeGPS Group Limited Ordinary Shares 26.00% 21.30% Down KMD Kathmandu Holdings Limited Ordinary Shares 9.90% 8.30% Down MGL Mercer Group Limited Ordinary Shares 50.00% 43.70% Down MOA Moa Group Limited Ordinary Shares 17.30% 13.60% Down MVN Methven Limited Ordinary Shares 7.60% 5.90% Down MZY Australian Mid Cap Fund (NS) Units 8.50% 7.00% Down NTL New Talisman Gold Mines Limited Ordinary Shares 33.30% 37.60% Up NWF NZ Windfarms Limited Ordinary Shares 22.40% 13.60% Down NZK NZ King Salmon Investments Limited Ordinary Shares 7.30% 5.00% Down OCA Oceania Healthcare Limited Ordinary Shares 7.20% 5.00% Down PEB Pacific Edge Limited Ordinary Shares 19.00% 23.70% Up NZC CASH MARGIN RATES 1 of 4 PGW PGG Wrightson Limited Ordinary Shares 7.60% 6.30% Down PLX Plexure Group Limited Ordinary Shares 50.00% 47.40% Down RAK Rakon Limited Ordinary Shares 19.70% 17.10% Down RBC Rubicon Limited Ordinary Shares 20.80% 17.20% Down SEA SeaDragon Limited Ordinary Shares 33.70% 43.20% Up SEK Seeka Limited Ordinary Shares 15.00% 11.60% Down SKO Serko Limited Ordinary Shares 26.70% 18.70% Down SLI SLI Systems Limited Ordinary Shares 46.10% 25.30% Down SPY Smartpay Holdings Limited Ordinary Shares 47.70% 45.60% Down THL Tourism Holdings Limited Ordinary Shares 7.20% 6.00% Down TTK TeamTalk Limited Ordinary Shares 12.30% 9.80% Down TWR Tower Limited Ordinary Shares 9.30% 6.90% Down USF US 500 Fund (NS) Units 7.00% 5.00% Down NZC CASH MARGIN RATES 2 of 4 NZDX Current New Code Name Margin Margin Note FBI140 FBI 15/03/2020 5.80% Fletcher Building Industries 8.80% 5.60% Down Limited FBI160 FBI 15/03/2022 5.00% Fletcher Building Industries 7.30% 5.00% Down Limited GNE040 GNE 09/06/2047 5.70% Genesis Energy Ltd Bonds 5.00% 3.00% Down MEL040 MEL 20/03/2024 4.88% Meridian Energy Ltd Bonds 5.60% 4.00% Down MTFHC MTF 00/00/00 4.43% Motor Trade Finance Preference 13.90% 8.30% Down Shares NZC CASH MARGIN RATES 3 of 4 NZAX Current New Code Name Margin Margin Note GFL Geneva Finance Limited Ordinary Shares 47.40% 42.40% Down LIC Livestock Improvement Corporation Ltd (NS) 23.90% 19.80% Down Investment Shares TRU TruScreen Limited Ordinary Shares 23.20% 50.00% Up NZC CASH MARGIN RATES 4 of 4 .