SSH Notice – Accident Compensation Corporation

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Contact Energy Ltd
Date this disclosure made: 18 January 2017
Date last disclosure made: 4 January 2017
Date on which substantial holding ceased: 16 January 2017
Substantial product holder(s) giving disclosure
Full Name(s): Accident Compensation Corporation (ACC)
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason Familton,
Jason Lindsay, Jonathan Davis
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares (CEN NZ)
Summary for: Accident Compensation Corporation (ACC)
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason Lindsay,
Jonathan Davis
For last disclosure:
(a) Total number held in class: 35,925,983
(b) Total in class: 715,525,756
(c) Total percentage held in class: 5.021%
For current holding after ceasing to have substantial holding:
(a) Total number held in class: 35,666,492
(b) Total in class: 715,525,756
(c) Total percentage held in class: 4.985%
Summary for: Jason Familton
For last disclosure:
(a) Total number held in class: 35,925,988
(b) Total in class: 715,525,756
(c) Total percentage held in class: 5.021%
For current holding after ceasing to have substantial holding:
(a) Total number held in class: 35,666,497
(b) Total in class: 715,525,756
(c) Total percentage held in class: 4.985%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:

From 30 December 2016 to 13 January 2017, ACC had the following aggregated on-market
transactions in Contact Energy Ltd:
 Sales of 301,772 shares for consideration of NZD $1,474,653,99

 Purchases of 42,281 shares for consideration of NZD $194,247.37
Address(es) of substantial product holder(s):
ACC: Justice Centre, 19 Aitken Street, PO Box 242, Wellington 6140.
Contact details: Marianne Scott +64 4 816 7378 investmentscompliance@acc.co.nz
Nature of connection between substantial product holders: Nicholas Bagnall, Guy Elliffe, Paul
Robertshawe, Blair Tallott, Blair Cooper, Jason Familton, Jason Lindsay and Jonathan Davis
are employees of ACC and either a portfolio manager, equity analyst or corporate governance
manager. Under current ACC investment policies, they have the discretion to exercise control
over some or all the rights to vote and acquisition or disposal of some or all of the financial
products of which ACC is the beneficial owner.
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the securities to which
this disclosure relates: n/a
Certification
I, Marianne Scott, certify that, to the best of my knowledge and belief, the information contained
in this disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.