Allotment of Shares

Chatham Rock Phosphate Limited (NZX: CRP) advises that it has today issued 250,000 ordinary shares at an issue price $0.33 per share to qualified investors. This has resulted in CRP raising approximately $82,500 in new capital.

Chris Castle

Managing Director

Email: chris@crpl.co.nz

Class of security:

 Ordinary shares

ISIN:

NZWENE0003S0

Number issued:

250,000 ordinary shares

Issue price:

$0.33 per ordinary share

Payment in cash:

Yes

Fully paid:

Yes

Percentage of class:

0.192%

Purpose of the issue:

For working capital purposes

Authority for the issue:

Board resolutions

Date of issue:

7 February 2013

Total number of securities on issue following allotments:

130,625,095 ordinary shares