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Meridian Energy monthly operating report for February 2017

Credit Rating13 March 2017MELUtilities

PG 1

Meridian Energy monthly operating report for February 2017

14 March 2017

Attached is Meridian Energy Limited's monthly operating report for the month ended 28 February 2017.

Highlights this month include:

 In the month to 12 March 2017, national hydro storage decreased from 120% to 106% of historical

average

 South Island storage sat at 100% of average and North Island storage at 153% of average on 12

March 2017

 Meridian’s February 2017 monthly inflows were 102% of historical average

 Meridian’s Waitaki catchment storage at the end of February 2017 was 114% of historical average

 National electricity demand in February 2017 was 2.4% lower than the same month last year

 2016 was a leap year and on a daily demand basis, February 2017 had the highest level of daily

demand seen in any February month

 Meridian’s retail sales volumes in February 2017 increased by 4.6% compared to February 2016

ENDS

Mark Binns

Chief Executive

Meridian Energy Limited



For investor relations queries, please contact:

Owen Hackston

Investor Relations Manager

021 246 4772

For media queries, please contact:

Claire Shaw

Corporate Communications Manager

021 370 677























Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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