Disclosure of Director and Senior Mngrs Relevant Interests

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: Air New Zealand
Date this disclosure made:13-Mar-17
Date of last disclosure: 28-Nov-16
Director or senior manager giving disclosure
Full name(s):Bruce Parton
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Chief Operations Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary shares
Nature of the affected relevant interest(s):
Exercise of options and
sale of shares
For that relevant interest-
Number held in class before acquisition or disposal:
313,079 ordinary shares
1,800,329 options
904,230 performance
rights
Number held in class after acquisition or disposal:
556,572 ordinary shares
904,230 performance
rights
Current registered holder(s):
Registered holder(s) once transfers are registered:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
5
Details of transactions requiring disclosure
Date of transaction:
6, 7, 8 & 10-Mar-17
Nature of transaction:
Exercise of 300,000
options to acquire 139,304
shares (6/3), 1,000,000
options to acquire 486,558
shares (7/3) and 500,329
options to acquire 243,493
shares (10/3); and sale of
139,304 shares (8/3) and
486,558 shares (10/3)
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:
Exercise of options: nil
Proceeds from sale of
shares: $336,070.90 (8/3)
and $1,149,104.03 (10/3)
Number of financial products to which the transaction related:
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):
Certification
I 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.
Signature of director or officer:
for and on behalf
of Bruce Parton
Date of signature:13-Mar-17