Allotment of Shares

22 January 2013

Chatham Rock Phosphate Limited (NZX: CRP) advises that it has today issued 150,000 ordinary shares at an issue price $0.33 per share to a qualified investor. This has resulted in CRP raising approximately $49,500 in new capital.

Chris Castle

Managing Director

Email: chris@crpl.co.nz

Class of security:

Ordinary shares

ISIN:

NZWENE0003S0

Number issued:

150,000 ordinary shares

Issue price:

$0.33 per ordinary share

Payment in cash:

Yes

Fully paid:

Yes

Percentage of class:

0.115%

Purpose of the issue:

For working capital purposes

Authority for the issue:

Board resolutions

Date of issue:

22 January 2013

Total number of securities on issue following allotments:

130,110,095 ordinary shares