General Finance Limited Credit Rating Reaffirmed

General Capital Limited
Level 7, 12-26 Swanson Street,
PO Box 1314, Shortland Street,
Auckland, New Zealand. 1140.
Phone +64 9 304 0145
Fax +64 9 358 3858


General Finance Limited Credit Rating Reaffirmed as BB- with a Positive Outlook

The Chairman of General Capital (GEN:NZ), Mr. Rewi Bugo, updates the market as follows:

“General Finance Limited, a wholly owned subsidiary of General Capital Limited, has had its
credit rating reaffirmed.

In September 2019, Equifax Australasia Credit Ratings Pty Limited (“Equifax”) issued its initial
credit rating on General Finance Limited. The rating assigned was BB- with a Positive Outlook.
This rating related to General Finance’s 31 March 2019 financial statements.

We are pleased to announce that Equifax has reaffirmed General Finance Limited’s credit
rating of BB- with a Positive Outlook following their review of the 30 September 2019
Financial Statements. This rating is described by Equifax on page 8 of their report as “near
prime with low to moderate risk”.”

A copy of the report can be found on General Finance’s website www.generalfinance.co.nz
or alternatively from the disclose register at www.disclose-register.companiesoffice.govt.nz
by searching for General Finance Limited.

Mr. Bugo said, “This is another significant step in the development of the General Capital
Group. We have worked hard to develop and grow the business. General Finance Limited had
56% growth in total assets in the 6-month period ended 30 September 2019. This trend has
continued into the second 6-months.”


For further information contact:

Brent King
Managing Director
General Capital Limited
+64 21 632 660
Brent.King@gencap.co.nz

24 January 2020