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Share Exchange Facility

SUSPENSION

The Share Exchange facility has been suspended with effect from 31 May 2010 until further notice. The directors of the Society believe that this trading facility does not represent a real market for the Society's Shares and Options.

The Society has established a Share Exchange Facility to enable holders of Shares and Options in the Society to trade their Ordinary Shares and Options.

Forsyth Barr, one of New Zealand's largest independently owned investment houses, facilitates trading in the Society's Ordinary Shares and Options. Details about Forsyth Barr can be found at http://www.forbar.co.nz/.
Any shareholders wishing to sell their Ordinary Shares or Options in the Society should contact Forsyth Barr on 0800 FORBAR (0800 367 227).

Shareholders are advised that the trading facility is managed entirely by Forsyth Barr independent of the Society. The Society will not be responsible for any trading in its Ordinary Shares and Options undertaken through the trading facility (or through other means) and neither the Society nor Forsyth Barr make any recommendation to shareholders regarding the value of Ordinary Shares and Options in the Society.

Shareholders wishing to sell any of their Shares and/or Options in the Society must have a "Notice of Confirmation" confirming their holding of Ordinary Shares and Options. Notices of Confirmations have been sent to all shareholders in the Society. If you did not receive a Notice of Confirmation, please contact the Society by calling (09) 300 5897 or by email on shares@buildingsociety.co.nz.