21 July 2016

New Capital Allotted

Chatham Rock Phosphate Limited (NZX: CRP) has today issued 25 million unpaid ordinary shares in CRP (Unpaid Shares) to a private investor at an issue price of $0.006 per share, raising in aggregate $150,000. The Unpaid Shares will be paid up in instalments over a 12 month period.

CRP has also today issued 800,000 fully paid ordinary shares in CRP (Fully Paid Shares) to a qualified investor at an issue price of $0.006 per share, raising in aggregate $4,800.

Full particulars of the share issues are set out below.

For and on behalf of the Board,

Chris Castle

Managing Director