Disclosure of 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:
29-Oct-19
Date of last disclosure:
not applicable
(first disclosure)
Director or senior manager giving disclosure
Full name:
Stephan Deschamps
Name of listed issuer:
Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Acting Chief Financial Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:71,118
Number held in class after acquisition or disposal:156,681
Current registered holder(s):
Stephan Deschamps
Registered holder(s) once transfers are registered:
Stephan Deschamps
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
85,563
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:not applicable
Date of the prior written clearance (if any):not applicable
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

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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:
29-Oct-19
Date of last disclosure: 27-Sep-19
Director or senior manager giving disclosure
Full name:
Carrie Hurihanganui
Name of listed issuer:
Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Ground Operations
Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:187,416
Number held in class after acquisition or disposal:407,715
Current registered holder(s):
Carrie Hurihanganui
Registered holder(s) once transfers are registered:
Carrie Hurihanganui
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
220,299
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class:88,636
Registered holder(s) once transfers are registered:Carrie Hurihanganui
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

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:
29-Oct-19
Date of last disclosure: 27-Sep-19
Director or senior manager giving disclosure
Full name:
Nicholas Judd
Name of listed issuer:
Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Strategy, Networks and
Alliances
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:185,212
Number held in class after acquisition or disposal:366,959
Current registered holder(s):
Nicholas Judd
Registered holder(s) once transfers are registered:
Nicholas Judd
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
181,747
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class:84,022
Registered holder(s) once transfers are registered:
Nicholas Judd
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

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:29-Oct-19
Date of last disclosure: 15-Oct-19
Director or senior manager giving disclosure
Full name(s):Jodie King
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Chief People Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:283,459
Number held in class after acquisition or disposal:465,206
Current registered holder(s):Jodie King
Registered holder(s) once transfers are registered:Jodie King
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
181,747
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class:106,966
Registered holder(s) once transfers are registered:Jodie King
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

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:29-Oct-19
Date of last disclosure: 23-Sep-19
Director or senior manager giving disclosure
Full name(s):Christopher Luxon
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Former CEO
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:1,083,226
Number held in class after acquisition or disposal:1,775,594
Current registered holder(s):Christopher Luxon
Registered holder(s) once transfers are registered:Christopher Luxon
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
692,368
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class:4,303,414
Current registered holder(s):Christopher Luxon
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products:
Restricted Rights convertible
to Ordinary Shares
("Restricted Rights")

Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
terms of the Restricted Rights
For that relevant interest-
Number held in class:275,758
Current registered holder(s):Christopher Luxon
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

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:29-Oct-19
Date of last disclosure: 23-Sep-19
Director or senior manager giving disclosure
Full name(s):Jeff McDowall
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Acting Chief Executive
Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:275,849
Number held in class after acquisition or disposal:504,016
Current registered holder(s):Jeff McDowall
Registered holder(s) once transfers are registered:Jeff McDowall
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
228,167
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class:241,479
Registered holder(s) once transfers are registered:Jeff McDowall
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

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:29-Oct-19
Date of last disclosure: 23-Sep-19
Director or senior manager giving disclosure
Full name(s):David Morgan
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Operational Integrity &
Standards Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:264,488
Number held in class after acquisition or disposal:431,089
Current registered holder(s):David Morgan
Registered holder(s) once transfers are registered:David Morgan
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
166,601
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class:541,604
Registered holder(s) once transfers are registered:David Morgan
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

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:29-Oct-19
Date of last disclosure: 1-Oct-19
Director or senior manager giving disclosure
Full name(s):Mike Tod
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Marketing &
Customer Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:283,459
Number held in class after acquisition or disposal:465,206
Current registered holder(s):Mike Tod
Registered holder(s) once transfers are registered:Mike Tod
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
181,747
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class:106,406
Registered holder(s) once transfers are registered:Mike Tod
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

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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:29-Oct-19
Date of last disclosure: 23-Sep-19
Director or senior manager giving disclosure
Full name(s):Cam Wallace
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Chief Revenue Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:382,569
Number held in class after acquisition or disposal:626,471
Current registered holder(s):Cam Wallace
Registered holder(s) once transfers are registered:Cam Wallace
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
243,902
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class:130,587
Registered holder(s) once transfers are registered:Cam Wallace
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

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:29-Oct-19
Date of last disclosure: 1-Oct-19
Director or senior manager giving disclosure
Full name(s):John Whittaker
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Air Operations &
People Safety Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:316,257
Number held in class after acquisition or disposal:536,556
Current registered holder(s):John Whittaker
Registered holder(s) once transfers are registered:John Whittaker
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
220,299
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class:234,761
Registered holder(s) once transfers are registered:John Whittaker
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

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:
29-Oct-19
Date of last disclosure:
not applicable
(first disclosure)
Director or senior manager giving disclosure
Full name:
Jennifer Sepull
Name of listed issuer:
Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Chief Digital Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:nil
Number held in class after acquisition or disposal:267,506
Current registered holder(s):
Jennifer Sepull
Registered holder(s) once transfers are registered:
Jennifer Sepull
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
21-Oct-19
Nature of transaction:
Issue of Rights to acquire
Ordinary Shares upon
satisfaction of terms
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:Rights issued at no cost
Number of financial products to which the transaction related:
267,506
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:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
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 person authorised to sign on behalf of director or officer:
Date of signature:29-Oct-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager