Rubicon Limited (“RBC”) – Shares on issue

Memorandum To: Market Participants From: NZX Product Operations Date: Friday, 31 May 2019 Subject: Rubicon Limited ("RBC") - Shares on issue Message: NZX Operations ("NZXO") advises that it has updated the number of shares on issue for Rubicon Limited ("RBC") from 498,574,393 to 496,908,343. This change is to reflect the number of shares on issue exclusive of treasury stock. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00335379 For:RBC Type:MEMO Time:2019-05-31 16:20:22