At Arvida Group Limited’s annual shareholder meeting, held in Auckland today, shareholders were asked to vote, by way of poll, on four resolutions. All resolutions were all unanimously supported by the Board.

The Board of Arvida Group Limited is pleased to announce that all resolutions were passed by shareholders:

• Peter Wilson and Susan Paterson were re-elected as a Directors;
• The shares issued pursuant to the acquisition of Mary Doyle, Strathallan and 50% of Village at the Park were ratified; and
• The Board was authorised to fix the auditor’s fees and expenses.

Details of the total number of votes cast in person or by a proxy holder for each resolution are included in the attachment.

Total votes at the meeting were 137,969,201 or 33.3% of the 413,949,842 shares on issue.

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