Allotment of Shares

14 December 2012

Chatham Rock Phosphate Limited (NZX: CRP) advises that it has today issued 363,636 ordinary shares at an issue price $0.33 per share to two qualified investors. This has resulted in CRP raising approximately $119,999 in new capital.

Chris Castle

Managing Director


Class of security:                                            Ordinary shares

ISIN:                                                               NZWENE0003S0

Number issued:                                              363,636 ordinary shares

Issue price:                                                     $0.33 per ordinary share

Payment in cash:                                            Yes

Fully paid:                                                      Yes

Percentage of class:                                       0.281%

Purpose of the issue:                                      For working capital purposes

Authority for the issue:                                   Board resolutions

Date of issue:                                                 12 December 2012

Total number of securities on issue               129,515,102 ordinary shares

following allotments: