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CHORUS STOCK EXCHANGE ANNOUNCEMENT 26 January 2021 Chorus Limited Level 10 , 1 Willis Street PO Box 632 Wellington New Zealand Email : company.secretary@chorus.co.nz Q2 FY21 overview Fibre uptake increased to 63 % with the UFB rollout now 92 % complete Fibre broadband connections increased by 29k ( Q1 FY21 : + 33k ; Q2 FY20 : + 36k ) • 1Gbps connections increased 8k fibre uptake across the completed UFB footprint grew from 62 % to 63 % fibre uptake in UFB1 areas is at 66 % , with growth strongest in Kapiti / Wellington and Waiheke Island recently completed UFB2 townships include Matapouri , Taipa Bay Mangonui , Taumarunui , Karapiro , Hunterville , Cheviot , Amberley , Lawrence average monthly data usage on fibre increased to 460GB , up from 456GB in Sept ( including upstream traffic ) Copper broadband and voice connections declined by 50k ( Q1 FY21 : -57k ; Q2 FY20 : -48k ) Total broadband connections declined by 10k to 1,183,000 * ( Q1 FY21 : -13k ; Q2 FY20 : no change ) ● • Q2 reduction in broadband reflects combined seasonal effect of student holiday disconnections ( e.g. fibre uptake reduced in Dunedin ) , inertia selling campaigns by fixed wireless providers and COVID - 19 impact on net migration Statistics NZ notes COVID border restrictions have reduced population growth significantly , with the gain from migration reducing from 6,000 a month pre - COVID to ~ 600 a month Total fixed line connections declined by 21k to 1,369,000 * ( Q1 FY21 : -25k ; Q2 FY20 : -12k ) * totals exclude the 11,000 broadband connections Chorus is currently providing free to student households For more detail , please see the Q2 FY21 Connections Update presentation attached . Authorised by : David Collins Chief Financial Officer ENDS For further information : Steve Pettigrew Head of External Communications