Contact Energy considers public bond offer

7 February 2017

Contact Energy considers public bond offer

Contact Energy Limited (“Contact”) has today announced that it is considering making an offer of up
to $75 million, with the ability to accept oversubscriptions of up to $25 million, of unsecured,
unsubordinated fixed rate bonds (“Bonds”) to institutional investors and New Zealand retail investors.

The Bonds are expected to have a maturity date of 15 November 2022. It is expected that full details
of the offer will be released in the week beginning 13 February 2017, when the offer is anticipated to
open.

Contact has had a corporate credit rating from Standard & Poor’s of BBB (stable) since 2002. The
Bonds are expected to have an investment grade issue credit rating of BBB from Standard & Poor’s.

The offer will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of debt
securities of the same class as existing quoted debt securities. The Bonds are expected to be quoted
on the NZX Debt Market. Proceeds from the offer will be used for the refinancing of a bond maturing
on 13 April 2017 and for general corporate purposes.

Forsyth Barr Limited (“Forsyth Barr”) and Westpac Banking Corporation (acting through its New
Zealand branch) (“Westpac”) have been appointed as Joint Lead Managers and Deutsche Craigs
Limited (“Deutsche Craigs”) has been appointed as Co-Manager for the proposed offer.

Investors can register their interest in the offer by contacting Forsyth Barr, Westpac or Deutsche
Craigs using the contact details listed below, or their usual financial advisor. Indications of interest will
not constitute an obligation or commitment of any kind.

No money is currently being sought and no applications for the Bonds may be accepted or money
received until the offer opens and investors receive a terms sheet.
Joint Lead Managers
Forsyth Barr Limited

Phone 0800 367 227
Westpac Banking Corporation
(ABN 33 007 457 141) (acting through its New Zealand branch)


Phone 0800 942 822
Co-Manager

Deutsche Craigs Limited

Phone 0800 226 263


ENDS

For further information please contact:

Louise Tong
Head of Treasury and Tax
021 444 224