POT – Notice Pursuant to Listing Rule 7.12.1

NZX Main Board and Debt Market - Notice pursuant to Listing Rule 7.12.1

(a) Class of Security and ISIN: Ordinary $1.00 shares
ISIN NZPOTE0003S0

(b) Number issued, acquired or redeemed: 135,000 acquired

(c) Nominal value and issue price, acquisition price or
redemption price:
Nominal value $1.00
Issue price $5.0319

(d) Whether payment was in cash: Yes

(e) Any amount paid up: Fully paid

(f) Principal terms of the Securities (other than for Quoted
Securities), for example, the exercise price and exercise
date in respect of an Option, or the conversion price and
conversion date in respect of Convertible Securities or the
ranking of the Securities in relation to other Classes of
Securities:
Rank equally with existing
ordinary shares

(g) Percentage of the total Class of Securities issued, acquired
or redeemed:
0.02%

(h) Reason for the issue, acquisition or redemption: Executive Long Term Share
Scheme

(i) Specific authority for the issue, acquisition or redemption: Board resolution

(j) Terms or details of the issue, acquisition or redemption: Paid up shares

(k) Total number of Securities of the Class in existence after
the issue, acquisition or redemption:
680,581,230

(l) In the case of an acquisition of shares by an Issuer which is
a company registered under the Companies Act 1993,
whether those shares are to be held as Treasury Stock:
Yes

(m) Dates of issue, acquisition or redemption: 21 March 2018


Steve Gray
CHIEF FINANCIAL OFFICER