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Announcement

ADMIN: XRO: Update regarding Senior Manager Duncan Ritchie

29 May 2017 09:26NZX
Wellington, New Zealand

29 May, 2017

Update regarding Senior Manager Duncan Ritchie

Under NZX Listing Rule 10.6.1(d), Xero Limited (NZX:XRO; ASX:XRO) advises
that its Chief Product and Platform Officer, Duncan Ritchie, is handing his
role responsibilities as head of Xero''s small business products to Tony
Stewart.

After 6 years at Xero, Mr Ritchie will be taking an extended period of leave,
and is no longer a Senior Manager. He will review potential role options
within Xero later this year.

Contact:
Chaman Sidhu
General Counsel & Company Secretary
Email chaman.sidhu@xero.com
Phone +61 412 759 317

Media inquiries:
Alex Mercer
Head of Global Communications, Xero
Email alex.mercer@xero.com
Phone  NZ +64 21 502 112  I  US +1 206 397 6505
End CA:00301843 For:XRO    Type:ADMIN      Time:2017-05-29 09:26:12
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