Statement on Media Speculation: Residential Development

Fletcher Building acknowledges the article in The Australian newspaper speculating on the potential divestment of the Company’s Residential Development business. As previously announced, Fletcher Building is undertaking a strategic review of its Residential and Development division. As part of that process, a range of potential outcomes, including possible divestment options, are being assessed. The Company is talking to a number of interested parties as part of this review. Fletcher Building has no further comment at this time and will update the market and stakeholders if and when there are material developments to report. ENDS Authorised for release to the market by Haydn Wong, Company Secretary. For further information please contact: INVESTORS Alex MacDonald, GM Corporate Finance & Investor Relations +64 21 221 4266 Alex.MacDonald@fbu.com MEDIA Christian May, Chief Corporate Affairs Officer +64 21 305 398 Christian.May@fbu.com For information on Fletcher Building visit fletcherbuilding.com