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                                                                                                                                                 6/04/2012




                                                    Weekly Diary 39
 This Weekly Diary is published as a service to subscribers as part of the NZSE's function of maintaining an informed market. The information
 contained herein is reproduced in most cases in edited form, from information supplied by listed issuers pursuant to requirements for disclosure
 imposed on such issuers. While all care is taken in presenting the factual information, the NZSE must to a great extent rely on the integrity of listed
 issuers to disclose accurate information. Accordingly, the NZSE does not take any responsibility for inaccurate information supplied by listed issuers
 and reproduced in this publication. Overseas Subscribers should note that all dates are formatted as follows: DD/MM/YYYY.

 Available on annual subscription. Enquiries to the New Zealand Stock Exchange, PO Box 2959, Wellington. Email: nzse@nzse.co.nz
 * New Announcement                                                                                            + = Additional or Amended Information

                                                  Dividends Announced But Not Paid
                                                                           RECORD                                    IMPUTATION/DWP       NET
  SECURITY                                                                 DATE          EX                          CREDIT               RWT
  CODE         CLASS               PERIOD           KEY    CPS             5 PM          DATE       PAYABLE          CPS                  CPS
  AIA          ORDINARY            FINAL                   6.25            05/10         08/10      19/10            3.0783582            NIL
  AIA          ORDINARY            SUP DIV          A      1.10293         05/10         08/10      19/10            N/A                  N/A
+ BCH          ORDINARY            FINAL                   13.50           12/10         15/10      18/10            6.6492537            NIL
+ BCH          ORDINARY            SUP DIV          A      2.3823          12/10         15/10      18/10            N/A                  N/A
  CAV          ORDINARY            FINAL                   16.00           05/10         08/10      12/10            7.880597             NIL
  CAV          ORDINARY            SUP DIV          A      2.8235          05/10         08/10      12/10            N/A                  N/A

  CMO          ORDINARY            FINAL                   8.00            26/10         29/10      05/11            3.9402985            NIL
  CMO          ORDINARY            SUP DIV          A      1.4118          26/10         29/10      05/11            N/A                  N/A
  EBO          ORDINARY            FINAL                   7.50            05/10         08/10      12/10            3.6940299            NIL
  EBO          ORDINARY            SUP DIV          A      1.3235295       05/10         08/10      12/10            N/A                  N/A
  FBU          ORDINARY            FINAL            KG     6.00            09/11         12/11      27/11            2.9552238            NIL
  FBU          ORDINARY            CTR              JKG    7.6119          09/11         12/11      27/11            N/A                  N/A

  HBY          ORDINARY            FINAL                   8.00            05/10         08/10      12/10            3.9402985            NIL
  HBY          ORDINARY            SUP DIV          A      1.235294        05/10         08/10      12/10            N/A                  N/A
* HLG          ORDINARY            FINAL                   9.50            07/12         10/12      17/12            4.6791044            NIL
* HLG          ORDINARY            SUP DIV          A      1.6765          07/12         10/12      17/12            N/A                  N/A
  INL          ORDINARY            FINAL                   4.50            26/10         29/10      06/11            2.2164179            NIL
  INL          ORDINARY            SUP DIV          A      0.794118        26/10         29/10      06/11            N/A                  N/A

  LPC          ORDINARY            FINAL                   6.75            28/09         01/10      05/10            3.3246268            NIL
  LPC          ORDINARY            SUP DIV          A      1.191176        28/09         01/10      05/10            N/A                  N/A
  MDZ          UNITS               INTERIM          BG     0.0823163       05/10         08/10      20/12            0.0405438            NIL
  MDZ          UNITS               SUP DIV          AB G   0.0145263       05/10         08/10      20/12            N/A                  N/A
  MDZ          UNITS               INTERIM          CG     0.0535446       19/10         23/10      20/12            0.0263727            NIL
  MDZ          UNITS               SUP DIV          ACG    0.009449        19/10         23/10      20/12            N/A                  N/A

  MDZ          UNITS               INTERIM          MG     0.0669678       05/10         08/10      20/12            0.0329841            NIL
  MDZ          UNITS               SUP DIV          AMG    0.0118178       05/10         08/10      20/12            N/A                  N/A
  MDZ          UNITS               INTERIM          NG     0.187365        19/10         23/10      20/12            0.0922842            NIL
  MDZ          UNITS               SUP DIV          ANG    0.0330631       19/10         23/10      20/12            N/A                  N/A
  MDZ          UNITS               INTERIM          OG     0.0751453       12/10         15/10      20/12            0.0370118            NIL
  MDZ          UNITS               SUP DIV          AOG    0.0132616       12/10         15/10      20/12            N/A                  N/A

  MHI          ORDINARY            FINAL                   8.50            19/10         23/10      29/10            4.1865671            NIL
  MHI          ORDINARY            SUP DIV          A      1.50            19/10         23/10      29/10            N/A                  N/A
  NPX          ORDINARY            FINAL            G      7.00            05/10         08/10      19/10            3.4477611            NIL
  NPX          ORDINARY            SUP DIV          AG     1.23529         05/10         08/10      19/10            N/A                  N/A
                                                                                                                                                                                 Page 1544
                                                                                                                                                                                  6/04/2012
                                                                                                RECORD                                              IMPUTATION/DWP           NET
    SECURITY                                                                                    DATE             EX                                 CREDIT                   RWT
    CODE               CLASS                   PERIOD               KEY      CPS                5 PM             DATE          PAYABLE              CPS                      CPS
    POT                ORDINARY                FINAL                         15.00              19/10            23/10         02/11                7.3880597                NIL
    POT                ORDINARY                SUP DIV              A        2.646957           19/10            23/10         02/11                N/A                      N/A
    SPN                ORDINARY                FINAL                         3.50               05/10            08/10         02/11                1.7238805                NIL
    SPN                ORDINARY                SUP DIV              A        0.617              05/10            08/10         02/11                N/A                      N/A
    TAY                ORDINARY                FINAL                         4.00               14/09            17/09         05/10                1.9701492                NIL

  THL                  ORDINARY                FINAL                         5.00               12/10            15/10         23/10                2.4626865                NIL
  THL                  ORDINARY                SUP DIV              A        0.8824             12/10            15/10         23/10                N/A                      N/A
  TNZ                  UNITS                   INTERIM              LG       0.072522           26/10            29/10         20/03                0.0357197                NIL
  TNZ                  UNITS                   SUP DIV              ALG      0.012798           26/10            29/10         20/03                N/A                      N/A
  TNZ                  UNITS                   INTERIM              PG       0.098661           05/10            08/10         20/03                0.0485942                NIL
  TNZ                  UNITS                   SUP DIV              APG      0.017411           05/10            08/10         20/03                N/A                      N/A
* TNZ                  UNITS                   INTERIM              D        0.045666           16/11            19/11         20/03                0.0224922                NIL
* TNZ                  UNITS                   SUP DIV              AD       0.008059           16/11            19/11         20/03                N/A                      N/A

    WHS                ORDINARY                FINAL                         4.00               16/11            19/11         26/11                1.970149                 NIL
    WHS                ORDINARY                SUP DIV              A        0.705882           16/11            19/11         26/11                N/A                      N/A
*   WIN                UNITS                   INTERIM              Z        TBA                30/09            01/10         26/10                TBA                      TBA
*   WIN                UNITS                   SUP DIV              AZ       TBA                30/09            01/10         26/10                TBA                      TBA
*   WKL                ORDINARY                FINAL                         11.00              16/11            19/11         26/11                5.4179104                NIL
*   WKL                ORDINARY                SUP DIV              A        1.941176           16/11            19/11         26/11                N/A                      N/A

         A = SUPPLEMENTARY DIVIDEND PAYABLE TO NON-RESIDENT SHAREHOLDERS ONLY
         B = DIVIDEND RELATES TO CAVALIER CORPORATION LIMITED FINAL DIVIDEND
         C = DIVIDEND RELATES TO MICHAEL HILL INTERNATIONAL LIMITED FINAL DIVIDEND
         D = DIVIDEND RELATES TO THE WAREHOUSE GROUP LIMITED FINAL DIVIDEND
         E – DIVIDEND RELATES TO FISHER & PAYKEL INDUSTRIES LIMITED INTERIM DIVIDEND
         F = DIVIDEND RELATES TO FISHER & PAYKEL INDUSTRIES LIMITED SPECIAL DIVIDEND
         G = DIVIDEND REINVESTMENT PLAN APPLIES
         H = DIVIDEND RELATES TO SKY CITY LIMITED (NS) FINAL DIVIDEND
          I = DIVIDEND RELATES TO THE NEW ZEALAND REFINING COMPANY LIMITED INTERIM DIVIDEND
         J = CONDUIT TAX RELIEF CREDITS PAYABLE TO NON-RESIDENT SHAREHOLDERS ONLY
         K = ASX CD UNTIL COB 02/11. DIVIDEND ENTITLEMENT 09/11. NYSE: CD UNTIL COB 07/11. DIVIDEND ENTITLEMENT DATE 09/11
         L = DIVIDEND RELATES TO INDEPENDENT NEWSPAPERS FINAL DIVIDEND
         M = DIVIDEND RELATES TO NUPLEX INDUSTRIES LIMITED FINAL DIVIDEND
         N = DIVIDEND RELATES TO PORT OF TAURANGA LIMITED (NS) FINAL DIVIDEND
         O = DIVIDEND RELATES TO TOURISM HOLDINGS LIMITED FINAL DIVIDEND
         P = DIVIDEND RELATES TO AUCKLAND INTERNATIONAL AIRPORT LIMITED FINAL DIVIDEND
         Z = NOT PROCESSED THROUGH FASTER – DIVIDEND AMOUNT NOT ADVISED PRIOR TO RECORD DATE.

        *********************************************************************************************************************************************************************************
         Net Resident Withholding Tax has been calculated using the following formula:
         RWT = (dividend + imputation credit) x 33% less imputation credit. No adjustment has been made for non-residents or persons holding exemption certificates.
         OZY dividends credited with foreign dividend withholding payments
        *********************************************************************************************************************************************************************************
                                                                              Overseas Companies
                                                                                                                          RECORD           EX                  FRANKING
          ISSUER                                                            CLASS PERIOD            KEY CPS               DATE COB         DATE        PAYABLE RATE
          AMCOR LIMITED                                                     ORD       FINAL                 14.00#        13/09            07/09       03/10          NIL
          AMP LIMITED                                                       ORD       INTERIM       AC      25.00#        09/10            10/10       30/10          15%
          FOODLAND ASSOCIATED LIMITED                                       ORD       FINAL         A       29.50#        28/09            01/10       12/10          N/A
          FOREIGN & COLONIAL INVESTMENT TRUST PLC                           ORD       INTERIM       A       1.00P#        31/08            03/09       01/10          N/A
          GOODMAN FIELDER LIMITED                                           ORD       FINAL         A       4.00#         21/09            24/09       05/10          50%
          HARVEY NORMAN HOLDINGS LIMITED                                    ORD       FINAL         A       2.00#         16/11            19/11       03/12          30%
          HENDERSON FAR EAST INCOME TRUST PLC                               ORD       FINAL         A       2.00#         07/09            10/09       01/10          NIL
          MIM HOLDINGS LIMITED                                              ORD       FINAL                 2.00#         21/09            17/09       15/10          30%
          TELSTRA CORPORATION LIMITED                                       ORD       FINAL         A       11.00#        21/09            24/09       26/10          NIL
          THE NEWS CORPORATION LIMITED                                      ORD       FINAL         D       1.50#         07/09            03/09       11/10          NIL
          THE NEWS CORPORATION LIMITED PREFERRED                            ORD       FINAL         D       3.750#        07/09            03/09       11/10          NIL
          ORDINARY SHARES
    +     GRD NL                                                            ORD       INTERIM               2.00#         19/10            23/10       29/10          NIL

          A = FASTER LISTED SECURITY
          C = AUSTRALIAN EX DATE 03/10/2001
          D = LATE REPORTED
                                                                                                                                                                                 Page 1545
                                                                                                                                                                                  6/04/2012

     *********************************************************************************************************************************************************************************
     All overseas dividends are quoted in Australian currency unless otherwise stated.
     # = Diary adjustment will appear on BBA schedule but will not affect BBA financials.
     ********************************************************************************************************************************************************************************
                                                                 Interest Announced But Not Paid
                                                                                                ANNUAL              RECORD
       SECURITY                                                                                 COUPON              DATE                    TRADING
       CODE                CLASS                         PERIOD                     KEY         %                   5 PM                    EX DATE               PAYABLE
       BFL090              CAPITALNOTES                  HALF YEARLY                A           9.25                28/09                   24/09                 15/10
       BFL110              CAPITALNOTES                  HALF YEARLY                A           8.75                28/09                   24/09                 15/10
       BFL130              CAPITALNOTES                  HALF YEARLY                A           10.00               28/09                   24/09                 15/10
       BFL160              CAPITALNOTES                  HALF YEARLY                A           9.25                28/09                   24/09                 15/10
       BFL170              CAPITALNOTES                  HALF YEARLY                A           8.00                28/09                   24/09                 15/10
       BFL180              CAPITALNOTES                  HALF YEARLY                A           7.50                28/09                   24/09                 15/10
       BFL190              CAPITALNOTES                  HALF YEARLY                A           8.25                28/09                   24/09                 15/10
       BFL200              CAPITALNOTES                  HALF YEARLY                A           8.19                28/09                   24/09                 15/10
       BFL210              CAPITALNOTES                  HALF YEARLY                A           8.75                28/09                   24/09                 15/10
       CNZ010              CAPITALNOTES                  HALF YEARLY                A           8.50                29/09                   25/09                 15/10
       ELC010              BONDS                         HALF YEARLY                            10.00               05/10                   01/10                 15/10
       ELC040              BONDS                         HALF YEARLY                            8.00                05/10                   01/10                 15/10
+      FBU030              CAPITALNOTES                  HALF YEARLY                A           12.75               13/09                   N/A                   31/10
       FBU090              CAPITALNOTES                  HALF YEARLY                A           10.50               12/10                   08/10                 31/10
       FBU110              CAPITALNOTES                  HALF YEARLY                A           8.50                28/09                   24/09                 15/10
       FBU130              CAPITALNOTES                  HALF YEARLY                A           8.50                28/09                   24/09                 15/10
       FCN010              CAPITALNOTES                  HALF YEARLY                A           9.80                28/09                   24/09                 15/10
       GOV240              NZGOVSTOCK                    HALF YEARLY                            8.00                05/10                   01/10                 15/10
       GOV310              NZGOVSTOCK                    HALF YEARLY                            5.50                05/10                   01/10                 15/10
       GOV340              NZGOVSTOCK                    HALF YEARLY                            6.50                05/10                   01/10                 15/10
       IFT020              BONDS                         QUARTERLY                              8.50                26/10                   19/10                 15/11
       IFT030              BONDS                         QUARTERLY                              9.00                26/10                   19/10                 15/11
       TCN150              BONDS                         HALF YEARLY                            8.00                01/10                   25/09                 15/10
       TCN160              BONDS                         HALF YEARLY                            8.10                01/10                   25/09                 15/10
       TCN170              BONDS                         HALF YEARLY                            8.20                01/10                   25/09                 15/10
       TCN180              BONDS                         HALF YEARLY                            8.30                01/10                   25/09                 15/10
       TCN190              BONDS                         HALF YEARLY                            8.40                01/10                   25/09                 15/10
       TCN200              BONDS                         HALF YEARLY                            8.50                01/10                   25/09                 15/10
       TCN210              BONDS                         HALF YEARLY                            8.75                01/10                   25/09                 15/10

       A = FASTER LISTED SECURITY

                                            Diary Dates: Monday, 1 October to Monday 8 October 2001
    Monday, 1 October                                                                                Tuesday, 2 October
    Foodland Associated Ex Div A29.50cps
    Lyttelton Port Company Ex Div 6.75cps
    The NZ Mid Cap Index Fund (NS) Ex Div Dividend 0.11225cpu (LPC)
    Tower Partly Paid Shares cease quotation today

    Wednesday, 3 October                                                                             Thursday, 4 October
                                                                                                     Sky City Limited change of name to Sky City Entertainment
                                                                                                     Group Limited (Code unchanged)
    Friday, 5 October                                                                                Monday, 8 October
    Auckland International Airport Record Date Final Dividend   Auckland International Airport Ex Div 6.25cps
    Cavalier Corporation Record Date Final Dividend             Cavalier Corporation Ex Div 16cps
    EBOS Group Record Date Final Dividend                       EBOS Group Ex Div 7.5cps
    Hellaby Holdings Record Date Final Dividend                 Hellaby Holdings Ex Div 8cps
    The NZ Mid Cap Index Fund (NS) Record Date Interim Dividend The NZ Mid Cap Index Fund (NS) Ex Div 0.0823163cpu (CAV),
    (CAV, NPX)                                                  0.0669678cpu (NPX)
    Nuplex Industries Record Date Final Dividend                Nuplex Industries Ex Div 7cps
    South Port New Zealand (NS) Record Date Final Dividend      South Port New Zealand (NS) Ex Div 3.5cps
    NZSE10 Index Fund Record Date Interim Dividend (AIA)        NZSE10 Index Fund (NS) Ex Div Dividend 0.098661cpu (AIA)
                                                                              Page 1546
                                                                               6/04/2012
                                            Notices of Meeting
                           Monday, 1 October to Friday, 28 December 2001

Issuer Name                                             AGM/EGM       Date
Eldercare New Zealand Limited                           AGM           TBA
Baycorp Holdings Limited                                AGM           TBA
Apple Fields Limited                                    EGM           TBA
Advantage Group Limited                                 AGM           TBA
Force Corporation Limited                               AGM           TBA
Broadway Industries Limited                             AGM           TBA
AMP NZ Office Trust                                     AGM           TBA
Calan Healthcare Properties Trust                       AGM           22/11
Newmarket Property Trust                                AGM           TBA
Pure New Zealand Limited                                AGM           TBA
Summit Resources Limited                                AGM           TBA
Cue Energy Resources Limited                            AGM           TBA
Fisher & Paykel Industries Limited                      AGM           08/10
South Port New Zealand Limited (NS)                     AGM           04/10
Lyttelton Port Company Limited (NS)                     AGM           05/10
Fisher & Paykel Industries Limited                      AGM           08/10
Telecom Corporation Of New Zealand Limited (NS)         AGM           11/10
Australasian Property Holdings Limited                  AGM           12/10
Ports Of Auckland Limited (NS)                          AGM           15/10
The New Zealand Experience Limited                      AGM           16/10
Port Of Tauranga Limited (NS)                           AGM           19/10
Southern Capital Limited                                AGM           19/10
Spectrum Resources Limited                              AGM           23/10
Reid Farmers Limited                                    AGM           24/10
Tasman Agriculture Limited                              AGM           24/10
Ebos Group Limited                                      AGM           24/10
Air New Zealand Limited (NS)                            AGM           30/10
Sky City Entertainment Group Limited                    AGM           30/10
Natural Gas Corporation Holdings Limited                AGM           30/10
Shotover Jet Limited                                    AGM           31/10
Steel & Tube Holdings Limited                           AGM           31/10
Cadmus Technology Limited                               AGM           31/10
Frucor Beverages Group Limited                          AGM           01/11
Nuplex Industries Limited                               AGM           02/11
Utilico International Limited                           AGM           05/11
Independent Newspapers Limited                          AGM           06/11
Dairy Brands New Zealand Limited                        AGM           06/11
Kiwi Income Property Trust                              AGM           08/11
Evergreen Forests Limited                               AGM           09/11
Fletcher Building Limited                               AGM           13/11
Tourism Holdings Limited                                AGM           13/11
Fletcher Challenge Forests Limited                      AGM           14/11
Cavalier Corporation Limited                            AGM           14/11
Sky Network Television Limited                          AGM           15/11
Summit Resources Limited                                AGM           16/11
Michael Hill International Limited                      AGM           16/11
Hellaby Holdings Limited                                AGM           16/11
Taylors Group Limited                                   AGM           19/11
Auckland International Airport Limited                  AGM           21/11
The Colonial Motor Company Limited                      AGM           22/11
Wellington Drive Technologies                           AGM           22/11
Williams and Kettle Limited                             AGM           26/11
Designer Textiles (New Zealand) Limited                 AGM           29/11
Otter Gold Mines Limited                                AGM           29/11
The Warehouse Group Limited                             AGM           30/11
                                                                                                                                  Page 1547
                                                                                                                                   6/04/2012
           Issuer Name                                                          AGM/EGM            Date
           New Zealand Oil & Gas Limited                                        AGM                30/11
           Tranz Rail Holdings Limited                                          AGM                13/12

                                                          Rights Issues Pending
         ISSUER                                 RATIO     EXRECORD    TRADING     TRADING      APPLN    APPLN RENUN FINAL
                                                            DATE
                                                          DATE        COMM        STOP 5PM     MONEY DATE     DATE   DELIVERY
                                                            5PM                                $                     DATE
  1. VENDING TECHNOLOGIES LIMITED         1:10     TBA      TBA       TBA         TBA          2.50     TBA   TBA    TBA
     RENOUNCEABLE RIGHTS ISSUE OF ONE NEW ORDINARY SHARE FOR EVERY 10 EXISTING ORDINARY SHARES. THE NEW SHARES WILL RANK PARI
     PASSU WITH EXISTING ORDINARY SHARES. FRACTIONS: ROUNDED DOWN. TRADEABLE RIGHTS CODE: VTLRA. VENDING TECHNOLOGIES HAS
     POSTONED ITS RIGHTS ISSUE UNTIL IMPACT OF USA TERRORIST ATTACK CAN BE QUANTIFIED (12/09)
  2. SKY NETWORK TELEVISION LIMITED                N/A      10/09     N/A         N/A          N/A      01/10 N/A    N/A
     NON RENOUNCEABLE OFFER OF CAPITAL NOTES TO SHAREHOLDERS ON THE REGISTER AT 10/09. ELIGIBLE SHAREHOLDERS ARE ELIGIBLE TO
     RECEIVE A MINIMUM ALLOCATION OF $5000 WORTH OF CAPITAL NOTES.
* 3. ELDERCARE NEW ZEALAND LIMITED        1:7.5    15/10    12/10     15/10       07/11        0.165    09/11 09/11  08/11
     RENOUNCEABLE RIGHTS ISSUE OF ONE ORDINARY SHARE FOR EVERY EXISTING 7.5 HELD. FRACTIONS: ROUNDED DOWN. TRADEABLE RIGHS
     CODE: ELDRA. NEW SHARES WILL RANK PARI PASSU WITH EXISTING SHARES. THE ISIN FOR ELDRA IS NZELDE0001S8
                                                                           OVERSEAS
    4. CHROME GLOBAL LIMITED                 1:2     09/08      08/08     N/A       N/A         A$0.02   29/08    N/A      N/A
       NON-RENOUNCEABLE PRO RATA OFFER OF SHARES TO EXISTING SHAREHOLDERS ON THE BASIS OF ONE SHARE FOR EVERY TWO SHARES HELD
       AT 5PM (WST) ON 8 AUGUST 2001 AT AN ISSUE PRICE OF 2CPS. NEW SHARES WILL RANK EQUALLY WITH EXISTING SHARES. IF ENTITLEMENT TO
       SHARES IS NOT TAKEN UP BY THE CLOSING DATE, IT WILL LAPSE AND THE SHARES WILL REVERT TO THE DIRECTORS. THE COMPANY EXPECTS
       TO ALLOT THE SHARES ON 19/09/2001. HOLDING STATEMENTS WILL BE DISPATCHED NO LATER THAN 15 BUSINESS DAYS LATER.

                                                         Name Changes Pending
          COMPANY                    OLD CODE        NEW NAME                                        NEW CODE       EFFECTIVE DATE
          REID FARMERS LIMITED       REI             PYNE GOULD GUINNESS REID FARMERS LIMITED        TBA            TBA
          FISHER & PAYKEL            FAP             FISHER & PAYKEL HEALTHCARE CORPORATION          FPH            14/11/2001
          INDUSTRIES LIMITED                         LIMITED
    *     SKY CITY LIMITED           SKC             SKY CITY ENTERTAINMENT GROUP LIMITED            SKC            04/10/2001

                                                                 Calls Payable
                                SECURITY                                                                     CEASE QUOTING
        ISSUER                                CALL NUMBER CALL AMOUNT PAYABLE DATE RECORD DATE 5 PM
                                CONTRIBUTION                                                                 CONTRIBS COB
        TOWER LIMITED           TWRCA         FINAL        $2.825         01/10/2001     01/10/2001          01/10/2001
        HOLDERS OF PARTLY PAID SHARES ARE REQUIRED TO PAY THE BALANCE OF THE ISSUE PRICE ($2.825 PER SHARE) BY 5PM ON 01/10/2001.
        PARTLY PAID SHARES WILL CEASE TO BE QUOTED ON THE NZSE AND ASX AFTER 01/10/2001.

                                                        Securities to be Removed
                                               CONVERSION                             CEASE QUOTATION
        ISSUER                         KEY                SECURITIES REMOVED                               EXPIRY DATE EXERCISE PRICE
                                               DETAILS                                5PM
        ON ENERGY LIMITED                                 TLT010                      14/09/2001           01/10/2001     N/A
        RICHMOND LIMITED                                  RHD010                      20/09/2001           30/09/2001     N/A
        FLETCHER BUILDING LIMITED                         FBU030                      20/09/2001           31/10/2001     N/A
        BIL FINANCE LIMITED                               BFL180                      28/09/2001           15/10/2001     N/A
        ELECTRICITY CORPORATION OF
                                                                ELC010                05/10/2001           15/10/2001     N/A
        NEW ZEALAND LIMITED
*       OTTER GOLD MINES LIMITED                                OTROA                 30/10/2001           31/10/2001     $2.75

                                                 Capital Reconstructions Pending
                                                   OLD       NEW       MEETING      RECORD      EFFECTIVE     FINAL SETTLEMENT
       ISSUER                           RATIO      PAR       PAR       DATE         DATE 5 PM DATE AM         DATE
    1. UTILICO INTERNATIONAL LIMITED    REFER      N/A       N/A       TBA          TBA         TBA           TBA
                                        NOTE
       SHAREHOLDER APPROVAL SOUGHT AT SPECIAL MEETING TO RETURN APPROXIMATELY $14.7M IN CASH TO SHAREHOLDERS. PROPOSED
       MECHANISM IS A CANCELLATION OF 1 SHARE FOR EVERY 2 SHARES HELD FOR A CASH PAYMENT OF 50CPS, EQUIVALENT TO 25CPS HELD PRIOR
       TO CANCELLATION.
    2. PORT OF TAURANGA LIMITED (NS)    1:8        N/A       N/A       TBA          TBA         TBA           TBA
       COMPANY WILL BE APPLYING TO HIGH COURT FOR APPROVAL TO CANCEL ONE IN EVERY EIGHT SHARES IN THE COMPANY AND PAY SHARE
       HOLDERS $7.00 FOR EACH SHARE CANCELLED.

                                                                         Overseas
        1
    1. M2M CORPORATION LIMITED               REFER        N/A        N/A        TBA          TBA        TBA             TBA
        .                                    NOTE
                                                                                                                     Page 1548
                                                                                                                      6/04/2012
                                               OLD        NEW       MEETING       RECORD      EFFECTIVE    FINAL SETTLEMENT
   ISSUER                           RATIO      PAR        PAR       DATE          DATE 5 PM DATE AM        DATE
   TWO SHARES IN ENTERPRISE SOLUTIONS ASIA PACIFIC LIMITED FOR EACH GRI SHARE HELD (FRACTIONS ROUNDED UP) PLUS 1 SOLACE LIMITED
   SHARE FOR EACH 20 GRI SHARES HELD (FRACTIONS ROUNDED UP) . RECORD DATE TO BE ANNOUNCED. GENERAL MEETING DELAYED.
     1
2. RESOLUTE LIMITED                 REFER      N/A        N/A       05/09/2001    TBA         TBA          TBA
     .                              NOTE
   THE BOARD OF RESOLUTE ANNOUNCED A PROPOSED REORGANISATION THAT SIMPLIFIES ITS CORPORATE AND CAPITAL STRUCTURE AND
   UNIFIES THE INTERESTS OF ALL SHAREHOLDERS UNDER A SINGLE CLASS OF SHARE. A NEW COMPANY, RESOLUTE MINING LIMITED (RML), WILL
   BE ESTABLISHED AS THE NEW HOLDING COMPANY FOR THE RESOLUTE GROUP OF COMPANIES. UNDER THE RESTRUCTURE RML WILL ACQUIRE
   THE WHOLE OF THE ORDINARY SHARES AND A$2.00 CONVERTING PREFERENCE SHARES IN EXCHANGE FOR NEW ORDINARY SHARES IN RML.
   RESOLUTE WILL THEN BECOME A WHOLLY OWNED SUBSIDIARY OF RML AND RML WILL AT THE SAME TIME APPLY FOR QUOTATION AND
   ADMISSION WITH THE ASX. HOLDERS OF RESOLUTE ORDINARY SHARES WILL RECEIVE ONE RML SHARE FOR EVERY 5 RESOLUTE ORDINARY
   SHARES. REORGANISATION IS SUBJECT TO NECESSARY SHAREHOLDERS, SUPREME COURT AND OTHER APPROVALS.

                                                         New Listings and Quotations Pending
   ISSUER                                                    SECURITY                        SECURITY CODE           PUBLIC OFFER CLOSES               EXPECTED LISTING DATE
   MISSION CONTACT FINANCE LIMITED                           PREFERENCE SHARES               MPS010                  11/12/2001                        TBA
   FISHER & PAYKEL APPLIANCES HOLDINGS                       ORDINARY SHARES                 FPA                     N/A                               14/11/2001
   LIMITED
   SKY NETWORK TELEVISION LIMITED                            CAPITAL NOTES                   SKY010                  26/10/2001                        TBA
   BLUE STAR PRINT GROUP LIMITED                             BONDS                           BLU                     02/11/2001                        05/11/2001

                                                                   Securities to be Converted
                                           SECURITY TO BE                         CONVERSION                 CEASE                      CONVERSION CONVERSION RECORD
        ISSUER NAME                        CONVERTED                              DETAILS                    QUOTATIONS COB DATE                            PRICE                DATE
   1    GRD NL                             CONVERTIBLE REDEEMABLE 1 : 1.34                                   28/09/2001                 29/09/2001          N/A                  28/09/2001
                                           PREFERENCE SHARES                                                                            (SAT)
        CRP SHAREHOLDERS APPROVED EARLY MANDATORY CONVERSION PROPOSAL ON THE BASIS OF 1.34 ORDINARY SHARES FOR EVERY 1 CRP
        SHARE (ROUNDED UP TO THE NEAREST WHOLE NUMBER OF ORDINARY SHARES). A TEMPORARY CODE WILL BE ESTABLISHED (GRDN) FROM
        01/10/2001 TO COB 15/10/2001 THAT WILL TRADE ON A DELAYED DELIVERY BASIS. GRDN WILL HAVE A CHANGE OF CLASS TO GRD AT COB
        15/10/2001. THE ORDINARY SHARES WILL RANK EQUALLY IN ALL RESPECTS WITH EXISTING ORDINARY SHARES ON ISSUE. A DIVIDEND OF
        A2CPS IS EXPECTED TO BE DECLARED IN SEPTEMBER 2001 AND PAID IN OCTOBER 2001 ON ORDINARY SHARES (INCLUDING CONVERTED CRP
        SHARES, PROVIDING AN EQUIVALENT OF A2.86C PER FORMER CRP SHARE OF DIVIDEND PAYMENTS).
***************************************************************************************************************************************************************************************
Note: Listing status ‘NC’ refers to a New Capital Market issuer that has yet to complete their Key Transaction. On completion of the Key Transaction, the listing
status is amended to ‘NM’.
***************************************************************************************************************************************************************************************

                                                                       Buybacks Announced
        ISSUER                         BUYBACK DETAILS                                                         RECORD                                                        CLOSING
                                                                                                               DATE 5PM                                                      DATE
  1.    HELLABY HOLDINGS       BUYBACK OF UP TO 2.5M SHARES COMMENCING 24/01/2001. SHARES TO BE INITIALLY HELD N/A                                                           18/01/2002
        LIMITED                AS TREASURY STOCK.
  2.    THE        WAREHOUSE ON MARKET BUYBACK OF 8M WHS SHARES OVER THE NEXT 12 MONTHS.                       26/10/2000                                                    26/10/2001
        GROUP LIMITED
  3.    FOODLAND               BUYBACK OF 619,558 SHARES. PERIOD OF BUYBACK: UNLIMITED DURATION SUBJECT TO     18/10/2000                                                    -
        ASSOCIATED LIMITED     MAXIMUM NUMBER OF SHARES HAVING BEEN BOUGHT BACK.
  4.    COLES MYER LIMITED     A$200M ON MARKET BUYBACK PROGRAMME TO BE RE-ACTIVATED                           TBA                                                           TBA
  5.    SANFORD LIMITED        BUYBACK OF 307,340 ORDINARY SHARES. THIS IS TO FACILITATE THE ORDERLY WINDING   20/06/2001                                                    20/06/2002
                               UP OF THE SANFORD STAFF PENSION PLAN.
  6.    INDEPENDENT            ON MARKET SHARE BUYBACK OF UP TO 9.708M ORDINARY SHARES OVER A 12 MONTH         05/07/2001                                                    05/07/2002
        NEWSPAPERS LIMITED PERIOD.
  7.    INFRATIL LIMITED       ON AND OFF MARKET SHARE BUYBACK PROGRAMME FOR 18.5M ORDINARY SHARES TO BE 16/07/2001                                                          15/06/2002
                               RE-ESTABLISHED. MAXIMUM PRICE AT WHICH SHARES WILL BE BOUGHT OFF MARKET IS
                               $1.60 PER SHARE.
  8.    RUBICON LIMITED        BUYBACK OF UP TO 95M SHARES TO BE PURCHASED ON MARKET                           30/07/2001                                                    13/07/2002
  9.    NEWCALL GROUP          BUYBACK OF ALL SHARES FROM INVESTORS HOLDING UP TO 2000 SHARES                  31/08/2001
  10.   PORT OF TAURANGA BUYBACK OF 1 IN 8 SHARES AT $7.00 PER SHARE ON A PRO RATA BASIS TO RETURN $67m        TBA                                                           TBA
        LIMITED (NS)           TO SHAREHOLDERS. THE CHAIRMAN BELIEVES THE CAPITAL REDUCTION WILL OPTIMISE
                               THE FINANCIAL STRUCTURE, AND MAXIMISE RETURN ON SHAREHOLDERS FUNDS SUBJECT
                               TO A FAVOURABLE IRD RULING CONFIRMING THE TAX FREE NATURE OF THE DISTRIBUTION.
  11.   EVERGREEN      FOREST ON MARKET BUYBACK OF UP TO 2,814,687 (2%) OF EVERGREEN FORESTS LIMITED           23/08/2001                                                    23/08/2002
        LIMITED                ORDINARY SHARES
  12.   DAIRY BRANDS NEW BUYBACK OF UP TO 32,497,333 ORDINARY SHARES. IT WILL MAKE AN OFFER TO EACH            03/09/2001                                                    28/09/2001
        ZEALAND LIMITED        ORDINARY SHAREHOLDER OF THE COMPANY TO ACQUIRE 2 ORDINARY SHARES FOR EVERY
                               3 ORDINARY SHARES HELD BY THAT SHAREHOLDER FOR A PRICE OF $0.70 PER SHARE.
* 13.   MICHAEL           HILL BUYBACK OF UP TO 100,000 ORDINARY SHARES                                        02/10/2001                                                    27/09/2002
        INTERNATIONAL LIMITED
                                                                                                                                  Page 1549
                                                                                                                                   6/04/2012
                                                       Current Prospectuses
      ISSUER                                       PROSPEC    SECURITY            INTEREST       MATURIT       OPENING        CLOSING OF
                                                   TUS NO.                        RANGE          Y RANGE       OF ISSUE       ISSUE
      AUSTRALIAN 20 LEADERS INDEX FUND (NS)                   OZZY UNITS          N/A            N/A           01/07/1998     N/A
      MID CAP INDEX FUND (NS)                      5          MIDNZ UNITS         N/A            N/A           25/10/2000     N/A
      NZSE10 INDEX FUND (NS)                       6          TENZ UNITS          N/A            N/A           22/12/2000     N/A
      AMP INVESTMENTS’ WORLD INDEX FUND (NS)                  WINZ UNITS          N/A            N/A           TBA            N/A
      TCNZ FINANCE LIMITED                                    TCNZ TELEBONDS      N/A            N/A           31/03/2001     31/03/2002

                                            Notices of Allotment/Cancellation
                     NOTICES OF ALLOTMENT RECEIVED BY THE EXCHANGE PURSUANT TO LISTING RULE 7.12.1.

 SECURITY      DESCRIPTION                   DATE NO. OF SHARES ALLOTTED/                  NO. OF INDEXED / ISSUED  ISSUE/ACQUISITION
 CODE          OF SECURITY       KEY    ANNOUNCED CANCELLED/PAID UP IN FULL              SHARES AFTER ALLOTMENT PRICE PER SECURITY $
 ANZ           ORDINARY          E           21/09                    25,750                          1,488,237,226
 EVF           ORDINARY          B           21/09                  (30,000)                            140,551,732           $0.4967
 AMP           ORDINARY          E           24/09                     2,088                          1,118,226,447            $16.00
 AMP           ORDINARY          E           24/09                    30,000                          1,118,256,447            $17.38
 AMP           ORDINARY          G           24/09                    45,000                          1,118,301,447            $16.56
 ETT           ORDINARY          A           24/09                1,586,667                             199,394,704                  -
 SKC           ORDINARY          G           24/09                       495                            100,791,613              $8.05
 HBY           ORDINARY          B           25/09                   (5,000)                             49,677,049              $1.87
 TEL           ORDINARY          D           26/09                3,392,684                           1,860,187,044           $4.7214
 SKY           OPTIONS           N           26/09                    80,000                              2,898,000                NIL
 EVF           ORDINARY          B           27/09                   (6,000)                            140,545,732              $0.49
 SKC           ORDINARY          E           27/09                    56,000                            100,847,613              $7.71
 WHS           ORDINARY          E           27/09                    16,614                            304,431,760              $5.86
 TNZ           UNITS             D           27/09                  680,878                             103,237,213           $0.7971
 EVF           ORDINARY          B           28/09                  (35,000)                            140,510,734           $0.4814

A = PLACEMENT
B = BUYBACK
D = DIVIDEND REINVESTMENT PLAN
E = EXERCISE OF OPTIONS
G = EMPLOYEE/DIRECTOR SHARE SCHEME
N = NOT LISTED


                                        National Reported Sales Volume Totals
 DATE                            VALUE ($SOLD)                   VOLUME (NO SOLD)       TYPE
 21-SEP-01                        $77,597,238.00                         48,331,122     EQUITY
 21-SEP-01                             $7,760.00                             20,050     NEW CAPITAL MARKET
 24-SEP-01                        $66,841,800.44                         37,478,310     EQUITY
 24-SEP-01                             $8,254.20                             15,470     NEW CAPITAL MARKET
 25-SEP-01                        $78,966,534.61                         60,220,519     EQUITY
 25-SEP-01                             $1,849.20                              4,970     NEW CAPITAL MARKET
 26-SEP-01                        $85,637,660.51                         39,889,501     EQUITY
 26-SEP-01                             $1,850.00                              5,000     NEW CAPITAL MARKET
 27-SEP-01                        $62,001,805.15                         31,249,552     EQUITY
 27-SEP-01                             $1,850.00                              5,000     NEW CAPITAL MARKET

                                               Index and Capitalisation Table
 Index               Date            Gross Index                Gross      Capital Index             Capital         Capitalisation
                                                             Movement                              Movement
T10       21-SEP-01 03:58 PM               1822.44                4.51                 799.08               1.98        21,302,014,292
T10       24-SEP-01 04:00 PM               1821.13               -1.31                 795.53              -3.55        21,207,363,340
T10       25-SEP-01 03:57 PM               1842.22               21.09                 804.75               9.21        21,452,998,047
T10       26-SEP-01 03:59 PM               1865.84               23.62                 815.07              10.32        21,728,085,852
T10       27-SEP-01 03:58 PM               1857.60               -8.25                 811.46              -3.60        21,632,035,757

T30       21-SEP-01 03:58 PM               2842.98               -14.93               1540.58               -8.09       26,362,263,746
T30       24-SEP-01 04:01 PM               2830.15               -12.83               1525.29              -15.29       26,100,592,998
T30       25-SEP-01 03:57 PM               2880.07                49.92               1552.19               26.90       26,560,943,404
T30       26-SEP-01 04:00 PM               2911.27                31.20               1569.01               16.82       26,848,717,086
T30       27-SEP-01 03:58 PM               2910.45                -0.82               1568.57               -0.44       26,841,135,350
                                                                                         Page 1550
                                                                                          6/04/2012
T40    21-SEP-01 03:58 PM    3402.89        -21.89     1806.57       -11.62   37,051,259,209
T40    24-SEP-01 03:59 PM    3383.89        -19.00     1789.52       -17.04   36,701,724,156
T40    25-SEP-01 03:57 PM    3445.18         61.29     1821.93        32.41   37,366,472,852
T40    26-SEP-01 04:00 PM    3486.79         41.61     1843.94        22.01   37,817,807,811
T40    27-SEP-01 03:58 PM    3495.92          9.13     1848.77         4.83   37,916,867,779

SEMC   21-SEP-01 03:58 PM    3511.05        -51.21     1745.56       -25.46   10,684,598,324
SEMC   24-SEP-01 03:59 PM    3474.95        -36.09     1716.13       -29.42   10,504,514,339
SEMC   25-SEP-01 03:55 PM    3560.36         85.41     1758.31        42.18   10,762,700,487
SEMC   26-SEP-01 04:00 PM    3592.01         31.65     1773.94        15.63   10,858,368,651
SEMC   27-SEP-01 03:58 PM    3620.55         28.54     1788.04        14.09   10,944,635,759

SCI    21-SEP-01 04:01 PM    9295.26       -113.58     5039.48       -61.58    6,317,092,394
SCI    24-SEP-01 04:02 PM    9246.05        -49.21     4996.90       -42.58    6,263,818,541
SCI    25-SEP-01 03:59 PM    9339.48         93.43     5047.39        50.49    6,327,102,356
SCI    26-SEP-01 03:58 PM    9331.99         -7.49     5043.35        -4.05    6,322,030,415
SCI    27-SEP-01 03:58 PM    9370.71         38.71     5064.27        20.92    6,348,252,632

ALL    21-SEP-01 04:00 PM    1606.43        -9.92       644.15        -3.98   38,203,876,198
ALL    24-SEP-01 04:01 PM    1599.66        -6.77       638.82        -5.33   37,888,619,103
ALL    25-SEP-01 03:59 PM    1627.08        27.42       649.77        10.95   38,538,103,252
ALL    26-SEP-01 04:28 PM    1643.27        16.20       656.24         6.47   38,937,519,811
ALL    27-SEP-01 03:58 PM    1645.87         2.59       657.27         1.04   38,998,995,467

NZSE10 INDEX SECURITIES CAPITALIZATION                          27 Sep 2001
CODE           NAME              PRICE  INDEXD SHARES EXCLUDED SHARES      CAPITALIZATION
PERCENTAGE
AIA        AUCKAIR        3.35     420,800,000                $1,409,680,000.00   6.52
CAH        CARTHOLT       1.52   1,739,053,228                $2,643,360,906.56 12.22
CEN        CONTACT        3.40     576,633,982                $1,960,555,538.80   9.06
FAP        F&P           12.05     118,111,137                $1,423,239,200.85   6.58
FFS        FCFORESTS      0.26     929,507,897                  $241,672,053.22   1.12
FFSPA      FCFORESTS      0.25   1,859,015,794                  $464,753,948.50   2.15
INL        INDEPNEWS      3.10     429,602,420                $1,331,767,502.00   6.16
NCH        NATGASHLDG     1.02     801,477,524                  $817,507,074.48   3.78
SKY        SKYTV          3.15     389,157,785                $1,225,847,022.75   5.67
TEL        TELECOM        4.47   1,856,794,360                $8,299,870,789.20 38.37
WHS        WAREHOUSE      5.96     304,325,792                $1,813,781,720.32   8.38
TOTAL                                                        $21,632,035,756.68

      NZSE30 INDEX SECURITIES CAPITALIZATION                          27 Sep 2001
CODE            NAME              PRICE  INDEXD SHARES EXCLUDED SHARES      CAPITALIZATION
PERCENTAGE
AIA         AUCKAIR        3.35     420,800,000                $1,409,680,000.00   5.25
AIRVA       AIRNZ          0.40     156,503,302   229,475,728     $62,601,320.80   0.23
AIRVB       AIRNZ          0.40     228,967,246   141,874,909     $91,586,898.40   0.34
AMP         AMP           21.28      44,712,250                  $951,476,680.00   3.54
ANZ         ANZBANKGRP    19.20      21,516,096                  $413,109,043.20   1.54
APT         AMPOFFICE      0.81     157,500,000    92,500,000    $127,575,000.00   0.48
APTGA       AMPOFFICE      0.85     250,000,000                  $212,500,000.00   0.79
AXA         AXAASIA        2.83      68,029,948                  $192,524,752.84   0.72
BCH         BAYCORP       10.15      84,204,930                  $854,680,039.50   3.18
BRY         BRIERLEY       0.28     622,332,146                  $174,253,000.88   0.65
CAH         CARTHOLT       1.52     871,261,058   867,792,170 $1,324,316,808.16    4.93
CEN         CONTACT        3.40     287,564,951   289,069,031    $977,720,833.40   3.64
FAP         F&P           12.05     118,111,137                $1,423,239,200.85   5.30
FBU         FLETBUILD      2.50     344,540,653                  $861,351,632.50   3.21
FFS         FCFORESTS      0.26     929,507,897                  $241,672,053.22   0.90
FFSPA       FCFORESTS      0.25   1,859,015,794                  $464,753,948.50   1.73
GPG         GUINNESSPEAT   1.47     434,179,459                  $638,243,804.73   2.38
GPGGA       GUINNESSPEAT   1.31      28,857,895                   $37,803,842.45   0.14
IFT         INFRATIL       1.45     185,807,622                  $269,421,051.90   1.00
IFTWA       INFRATIL       0.30      47,114,989                   $14,134,496.70   0.05
INL         INDEPNEWS      3.10     238,530,932   191,071,488    $739,445,889.20   2.75
KIP         KIWITRUST      0.91     404,238,115                  $367,856,684.65   1.37
KIPGA       KIWITRUST      1.18      60,454,800                   $71,336,664.00   0.27
KIPVB       KIWITRUST      0.85      54,589,157                   $46,400,783.45   0.17
LNN         LIONNATHAN     5.80     148,509,722   246,454,275    $861,356,387.60   3.21
NCH         NATGASHLDG     1.02     289,651,696   511,825,828    $295,444,729.92   1.10
POT         PORTTAURANGA   6.85      34,350,553    42,107,159    $235,301,288.05   0.88
RBC         RUBICON        0.67     279,238,227    54,448,366    $187,089,612.09   0.70
SKC         SKYCITY       10.89     100,266,631                $1,091,903,611.59   4.07
                                                                                    Page 1551
                                                                                     6/04/2012
SKY        SKYTV           3.15     131,314,489   257,843,296    $413,640,640.35    1.54
TEL        TELECOM         4.47   1,856,794,360                $8,299,870,789.20   30.92
TLS        TELSTRA         6.27      60,995,744                  $382,443,314.88    1.42
TRH        TRANZRAIL       4.10     120,794,079                  $495,255,723.90    1.85
TWR        TOWER           4.59     150,828,780                  $692,304,100.20    2.58
TWRCA      TOWER           1.61      27,054,684                   $43,558,041.24    0.16
WAM        WASTEMANZ       2.66      97,698,582                  $259,878,228.12    0.97
WHS        WAREHOUSE       5.96     143,271,505   161,054,287    $853,898,169.80    3.18
WPT        WESTPACTRUST   14.00      54,393,306                  $761,506,284.00    2.84
TOTAL                                                         $26,841,135,350.27

      NZSE40 INDEX SECURITIES CAPITALIZATION                          27 Sep 2001
CODE            NAME              PRICE  INDEXD SHARES EXCLUDED SHARES      CAPITALIZATION
PERCENTAGE
AIA         AUCKAIR        3.35     420,800,000                $1,409,680,000.00   3.72
AIRVA       AIRNZ          0.40     385,979,030                  $154,391,612.00   0.41
AIRVB       AIRNZ          0.40     370,842,155                  $148,336,862.00   0.39
AMP         AMP           21.28      44,712,250                  $951,476,680.00   2.51
ANZ         ANZBANKGRP    19.20      21,516,096                  $413,109,043.20   1.09
APT         AMPOFFICE      0.81     250,000,000                  $202,500,000.00   0.53
APTGA       AMPOFFICE      0.85     250,000,000                  $212,500,000.00   0.56
AXA         AXAASIA        2.83      68,029,948                  $192,524,752.84   0.51
BCH         BAYCORP       10.15      84,204,930                  $854,680,039.50   2.25
BRY         BRIERLEY       0.28     622,332,146                  $174,253,000.88   0.46
CAH         CARTHOLT       1.52   1,739,053,228                $2,643,360,906.56   6.97
CEN         CONTACT        3.40     576,633,982                $1,960,555,538.80   5.17
FAP         F&P           12.05     118,111,137                $1,423,239,200.85   3.75
FBU         FLETBUILD      2.50     344,540,653                  $861,351,632.50   2.27
FCT         FCITRUST       7.12      19,834,201                  $141,219,511.12   0.37
FFS         FCFORESTS      0.26     929,507,897                  $241,672,053.22   0.64
FFSPA       FCFORESTS      0.25   1,859,015,794                  $464,753,948.50   1.23
FRU         FRUCOR         1.59     125,000,000                  $198,750,000.00   0.52
GPG         GUINNESSPEAT   1.47     434,179,459                  $638,243,804.73   1.68
GPGGA       GUINNESSPEAT   1.31      28,857,895                   $37,803,842.45   0.10
IFT         INFRATIL       1.45     185,807,622                  $269,421,051.90   0.71
IFTWA       INFRATIL       0.30      47,114,989                   $14,134,496.70   0.04
INL         INDEPNEWS      3.10     429,602,420                $1,331,767,502.00   3.51
KIP         KIWITRUST      0.91     404,238,115                  $367,856,684.65   0.97
KIPGA       KIWITRUST      1.18      60,454,800                   $71,336,664.00   0.19
KIPVB       KIWITRUST      0.85      54,589,157                   $46,400,783.45   0.12
LNN         LIONNATHAN     5.80     394,963,997                $2,290,791,182.60   6.04
NCH         NATGASHLDG     1.02     801,477,524                  $817,507,074.48   2.16
NPX         NUPLEX         2.85      58,559,067                  $166,893,340.95   0.44
PFI         PROPERTYINDY   0.81     198,383,852                  $160,690,920.12   0.42
POA         PORTAUCK       5.12     132,506,212                  $678,431,805.44   1.79
POT         PORTTAURANGA   6.85      76,457,712                  $523,735,327.20   1.38
RBC         RUBICON        0.67     333,686,593                  $223,570,017.31   0.59
SAN         SANFORD        6.25      95,623,057                  $597,644,106.25   1.58
SKC         SKYCITY       10.89     100,266,631                $1,091,903,611.59   2.88
SKY         SKYTV          3.15     389,157,785                $1,225,847,022.75   3.23
TEL         TELECOM        4.47   1,856,794,360                $8,299,870,789.20 21.89
THL         THL            1.05      91,993,200                   $96,592,860.00   0.25
TLS         TELSTRA        6.27      60,995,744                  $382,443,314.88   1.01
TPW         TRUSTPOWER     2.90     183,300,779                  $531,572,259.10   1.40
TRH         TRANZRAIL      4.10     120,794,079                  $495,255,723.90   1.31
TTP         TRANSTASMAN    0.17     598,709,450                  $101,780,606.50   0.27
TWR         TOWER          4.59     150,828,780                  $692,304,100.20   1.83
TWRCA       TOWER          1.61      27,054,684                   $43,558,041.24   0.11
UNL         UNITEDNET      8.16     151,469,342                $1,235,989,830.72   3.26
WAM         WASTEMANZ      2.66      97,698,582                  $259,878,228.12   0.69
WHS         WAREHOUSE      5.96     304,325,792                $1,813,781,720.32   4.78
WPT         WESTPACTRUST 14.00       54,393,306                  $761,506,284.00   2.01
TOTAL                                                         $37,916,867,778.72

      NZSE-MC MID CAP INDEX SECURITIES CAPITALIZATION                 27 Sep 2001
CODE            NAME              PRICE  INDEXD SHARES EXCLUDED SHARES      CAPITALIZATION
PERCENTAGE
AIRVB       AIRNZ          0.40     370,842,155                  $148,336,862.00   1.36
APT         AMPOFFICE      0.81     250,000,000                  $202,500,000.00   1.85
APTGA       AMPOFFICE      0.85     250,000,000                  $212,500,000.00   1.94
BCH         BAYCORP       10.15      84,204,930                  $854,680,039.50   7.81
CAV         CAVALIER       5.01      31,491,303                  $157,771,428.03   1.44
                                                                                                                               Page 1552
                                                                                                                                6/04/2012
FBU             FLETBUILD              2.50          344,540,653                                    $861,351,632.50           7.87
FRU             FRUCOR                 1.59          125,000,000                                    $198,750,000.00           1.82
GEN             GENESIS                2.90           25,366,111                                     $73,561,721.90           0.67
HLG             HALGLASS               2.57           57,999,061                                    $149,057,586.77           1.36
IFT             INFRATIL               1.45          185,807,622                                    $269,421,051.90           2.46
IFTWA           INFRATIL               0.30           47,114,989                                     $14,134,496.70           0.13
KIP             KIWITRUST              0.91          404,238,115                                    $367,856,684.65           3.36
KIPVB           KIWITRUST              0.85           54,589,157                                     $46,400,783.45           0.42
LPC             LYTTELTON              1.70          101,790,500                                    $173,043,850.00           1.58
MHI             MICHAELHILL            4.20           38,558,600                                    $161,946,120.00           1.48
NPX             NUPLEX                 2.85           58,559,067                                    $166,893,340.95           1.52
NZR             NZREFIN               15.00           24,000,000                                    $360,000,000.00           3.29
PFI             PROPERTYINDY           0.81          198,053,027                                    $160,422,951.87           1.47
POA             PORTAUCK               5.12          132,506,212                                    $678,431,805.44           6.20
POT             PORTTAURANGA           6.85           76,457,712                                    $523,735,327.20           4.79
PWC             POWERCO                1.72          222,436,775                                    $382,591,253.00           3.50
RBC             RUBICON                0.67          324,522,823                                    $217,430,291.41           1.99
RBD             RESTAURANT             1.55           92,116,889                                    $142,781,177.95           1.30
SAN             SANFORD                6.25           95,623,057                                    $597,644,106.25           5.46
SKC             SKYCITY               10.89          100,266,631                                  $1,091,903,611.59           9.98
STU             STEEL & TUBE           1.90           88,190,366                                    $167,561,695.40           1.53
TAS             TASMANAG               1.62           67,135,857                                    $108,760,088.34           0.99
THL             THL                    1.05           91,993,200                                     $96,592,860.00           0.88
TRH             TRANZRAIL              4.10          120,794,079                                    $495,255,723.90           4.53
TTP             TRANSTASMAN            0.17          598,709,450                                    $101,780,606.50           0.93
TWR             TOWER                  4.59          151,763,858                                    $696,596,108.22           6.36
TWRCA           TOWER                  1.61           27,054,684                                     $43,558,041.24           0.40
WAM             WASTEMANZ              2.66           97,698,582                                    $259,878,228.12           2.37
WPT             WESTPACTRUST          14.00           54,393,306                                    $761,506,284.00           6.96
TOTAL                                                                                            $10,944,635,758.78

                                                         Index Memo 20
Allotments

Following the receipt of allotment notices since Index Memo 18, the weighting in the NZSE Indices with respect to the securities listed
below will be changed with effect 01 October 2001 to the following number of shares:

The Indices to be affected are in brackets:

Security                                      Indexed Shares                Excluded Shares
                                                                                   (NZSE30)

Genesis Research and Development                   25,889,601                                    -
Corporation Ltd
(NZSEMC)
Natural Gas Corporation Holdings Ltd              744,895,590                     511,825,828
(NZSE10, NZSE30, NZSE40)
Rubicon Ltd                                       279,238,227                                    -
(NZSE30, NZSE40, NZSEMC)
Sky City Ltd                                      100,791,118                                -
(NZSE30, NZSE40, NZSEMC)
Warehouse Group Ltd, The                          304,407,839                     161,054,287
(NZSE10, NZSE40, NZSE30)

Tower Partly Paid Shares

Holders of Tower Partly Paid shares (TWRCA) are required to pay the balance of the issue price ($2.825 per share) by 5pm on
01/10/2001. The Partly Paid shares will cease to be quoted on the NZSE after 01/10/2001.

For purposes of the indices of which TWRCA are part (NZSE30, NZSE40, NZSEMC), the NZSE will assume that all TWRCA will
convert into Tower Ltd Ordinary Shares. Therefore with effect on 02/10/2001 the weighting of Tower Ordinary Shares in the NZSE30,
NZSE40 and NZSEMC Indices will be 178,818,774.


                                                     Changes to the List
                                                                                                                               Page 1553
                                                                                                                                6/04/2012
Resolute Limited
Effective close of business Friday 21 September 2001 Resolute Limited was removed from the list at the Company’s request.

                                     NZSE Holidays: October 2001 – January 2003
Monday, 22 October 2001                      Labour Day
Monday, 24 December 2001                     Half Day Trading (12 noon)*
Tuesday, 25 December 2001                    Christmas Day
Wednesday, 26 December 2001                  Boxing Day
Monday, 31 December 2001                     Half Day Trading (12 noon)*
Tuesday, 01 January 2002                     New Year’s Day
Wednesday, 02 January 2002                   New Year’s Day Holiday
Wednesday, 06 February 2002                  Waitangi Day
Thursday, 28 March 2002                      Half Day Trading (12 noon)*
Friday, 29 March 2002                        Good Friday
Monday, 1 April 2002                         Easter Monday
Thursday, 25 April 2002                      Anzac Day
Monday, 03 June 2002                         Queen’s Birthday
Monday, 28 October 2002                      Labour Day
Tuesday, 24 December 2002                    Half Day Trading (12 noon)*
Wednesday, 25 December 2002                  Christmas Day
Thursday, 26 December 2002                   Boxing Day
Tuesday, 31 December 2002                    Half Day Trading (12 noon)*
Wednesday, 01 January 2003                   New Year’s Day
Thursday, 02 January 2003                    New Year’s Day Holiday

*        Also applies to settlements.
NB:      Daylight Saving commences at 2am Standard time on the first Sunday in October and ceases at 2am standard time on the
         third Sunday in March


                                                Company Announcements
                                                LATE FRIDAY, 21 SEPTEMBER 2001

THE NEWS CORPORATION LIMITED
News Corporation provided a copy of their Annual Report for the year ended 30/06/2001.
TASMAN AGRICULTURE LIMITED
Tasman Agriculture advised that it intends to initiate major restructuring of its Group Operations (Restructuring Proposal). Under the
Restructuring Proposal TasAg will seek shareholder approval to place TasAg into voluntary solvent liquidation (the Liquidation)
pursuant to the provisions of Part 16 of the Companies Act 1993 by the appointment of a Liquidator. In the course of the Liquidation, it
is proposed to distribute to TasAg shareholders: - An interim cash distribution of between $75m and $82m, representing between
$1.12 and $1.22 per TasAg share. - Depending on the level of interim distribution, a final cash distribution of between $1m and $6m,
representing 2 cents to 9 cents per TasAg share which will result in a total cash distribution of between $81m and $83m ($1.21 to
$1.24 per TasAg share). - All of TasAg’s share capital in Leander Holdings (LHL). LHL is a 100% owned NZ subsidiary of TasAg
which owns TasAg’s Australian assets. The Restructuring Proposal will require the approval of TasAg shareholders which will be
sought at the Company’s AGM to be held in Dunedin on 24/10/2001. If the shareholders approve the Restructuring Proposal it is
anticipated that the Liquidator would be appointed shortly after the Company’s AGM, although the Board of Directors will have a
discretion to appoint the Liquidator any time up to 30/06/2002. TasAg expects the shares in LHL, together with the interim cash
distribution, will be distributed to shareholders during 11/2001. A final cash distribution to shareholders is likely to occur during the
2002 calendar year. On the appointment of a Liquidator, by law, the shares in TasAg can no longer be traded and TasAg will cancel
its listing and quotation of its shares on the NZSE. TasAg intends to obtain quotations for the shares in LHL on the NZSE Unlisted
Securities Facility. The Restructuring Proposal comes as a result of significant analysis by the Board and Management of TasAg,
having successfully completed the sale of TasAg’s NZ farming assets over the last 12 months. “The NZ Farm Sales Programme has
resulted in significant surplus capital which, on considering all options, the Board has determined is best repatriated to shareholders”
says founding shareholder and Chairman, Howard Paterson. “We also believe the immediate outlook for dairying in Australia is
positive and feel it is important that TasAg shareholders have the opportunity to retain an exposure to the Australian Operation”
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Paterson says. “For that reason we have ensured that the Restructuring Proposal allows shareholders to receive a direct share in the
Australian Operation in proportion to their existing TasAg shareholding”. While the term “liquidation” congers up negative
connotations, Company CEO, Ray Parker, indicated the phrase is technical only. “For all practical purposes, what the Restructuring
Proposal involves is the repatriation of cash generated from the NZ Farm Sales Programme to shareholders in the most efficient way,
whilst also ensuring shareholders receive a direct interest in the Australian Operation” says Parker. Longstanding Director, Max
Duncan, has indicated his intention to retire from the Board at the AGM. Chairman Howard Paterson paid tribute to Mr Duncan’s
significant contribution to the Company since its formation. “Max has been instrumental in the establishment and profitable growth of
the Company but, after assisting the Company to deliver significant value for shareholders over the last decade has decided it is an
opportune time to focus on his own considerable personal interests – we wish him well”.
MAINFREIGHT LIMITED
Mainfreight announced today the appointment of Don Braid to Group MD. Don Braid has been with Mainfreight since 1994 and prior to
this new appointment has been NZ MD. This appointment is made in conjunction with the announcement of the retirement of the
current Chairman of the Board, Don Rowlands. Don Rowlands, who will remain as a Director of Mainfreight, has been in the role of
Chairman for the last 19 years, guiding Mainfreight through expansion, acquisitions and their public listing. Bruce Plested, the current
MD and founder, will replace Don Rowlands as Executive Chairman. Further to these changes, Mark Newman has been appointed
NZ Manager of the freight forwarding operations and Dennis Basten replaces Mark at Lep International as Auckland Manager. We
also confirm the appointments of Kevin Drinkwater as Group IT Manager and Craig Evans as Group Supply Chain Manager. These
changes are effective immediately.
BHP BILLITON LIMITED
BHP Billiton advised that 250,000 shares were bought back on 21/09/2001 at prices between A$8.75 and A$8.60. Total consideration
paid: A$2.167m. The remaining number of shares the company intends to buy-back is now 182,740,549.
BHP BILLITON LIMITED
BHP Billiton today announced the successful completion of a US$2.5b syndicated multicurrency revolving facility. The facility is BHP’s
first financing transaction post merger and represents its cornerstone credit facility. It will replace the US$1.2b credit facility previously
implemented by BHP and the US$1.5b and US$1.25b credit facilities previously implemented by Billiton Plc. BHP CFO Chris Lynch
said the new facility would be available in various currencies and jurisdictions, reflecting BHP’s global diversity. “The consolidation of
the 3 facilities into one is consistent with BHP’s stated capital management policies. In addition, the terms and conditions of the facility
represent the enhanced risk profile and creditworthiness of the merged Group”, he said. Invitations were targeted at an international
group of banks, all of which were identified as having the willingness and capability to support and assist BHP’s ongoing financial
requirements. The facility is divided between a US$1.25b 364-day revolving credit component and a $US1.25b five-year revolving
credit component.
SUN RESOURCES NO LIABILITY
Sun Resources advised that Kingfisher #1 in the San Joaquin Basin, California, at 1600 hours 20/09 California time (early hours this
morning Australian time) was at 3,854m depth and drilling ahead in 251mm hole to the Cretaceous (Morris) sands the last primary
target in the well. This lies at 4,020m depth in a fault block trap within the prospect with target potential of 143b cubic feet of gas if
hydrocarbons are present in the structure. To date significant gas readings have been recorded in the Mya, Third Vedder and
Vaqueros Formations (secondary objectives) and in the Monterey Formation (first primary objective) that will require full evaluation by
electric logging and side-wall cores on completion of the well.
CUE ENERGY RESOURCES LIMITED
Cue Energy Resources is pleased to announce that at 6am on 21/09/2001, the Anggur-3 well, in the Sampang PSC offshore East
Java, was at 1,992m and running intermediate wireline logs prior to running 9 5/8” casing. Anggur-3 is located 1.2km east of Anggur-
1 at: Latitude: 07° 18’ 22.3439"S, Longitude: 113° 03’ 37.3010"E in 19.4m of water. The well is programmed to a total depth of
2,708m.
CALAN HEALTHCARE PROPERTIES TRUST
Calan Healthcare Properties Trust announced details of their AGM to be held on 22/11/2001.
GRD NL
GRD provided a copy of an announcement made by the ASX on their behalf on 03/09/2001 regarding the CRP Share Conversion
Timetable. The timetable is as follows: 20/08/ 2001 - Shareholder Approval. 21/09/2001 - Trading in CRP shares will cease on ASX
at the close of trading. 24/09/ 2001 - Commencement of trading of new shares on a Deferred Settlement basis. ASX Code GRDN.
28/09/2001 – Record date (Trading in CRP shares will cease on NZSE at cob). 29/09/2001 – Conversion Date. 01/10/2001 –
Commencement of trading on NZSE of new shares on a Deferred Settlement basis. Code GRDN. 15/10/2001 – Despatch of holding
                                                                                                                               Page 1555
                                                                                                                                6/04/2012
statements. 15/10/2001 – Deferred settlement trading ends. 16/10/2001 – Normal trading T+3 commences on ASX and NZSE. Code
GRD. 19/10/2001 – Settlement of trades conducted on a deferred settlement basis and the first settlement of trades conducted on a
T+3 basis.
BEAUTY DIRECT AND ONLINE LIMITED
Beauty Direct and Online announced a successful AGM. A number of shareholders attended primarily to meet the new major
shareholder and Director Gordon Ritson, owner of Queensgate Life Pharmacy in Lower Hutt. Mr Ritson outlined the revenue
opportunities the alliance with his pharmacy brings, and reiterated the need for Beauty Direct to position itself with current premium
brand franchise holders. ‘The Cosmetic Industry is very much controlled by a franchising system with the upmarket cosmetics e.g.
Estee Lauder and Lancome being controlled by a select few mainly 4 department stores and the chain of Life Pharmacies of which
there currently 15 stores, with Queensgate Life Pharmacy being one of these.’ Mr Ritson stated ‘the broad strategy of the company is
to make the web site work, but the wider focus is to grab opportunities in the health/beauty and pharmaceutical industry.’ In particular
the change in legislation later this year with the introduction of the new Medicines Act could amend the pharmacy ownership
requirements bringing opportunities to Beauty Direct.
TASMAN AGRICULTURE LIMITED
Tasman Agriculture provided copies of its Annual Report for the year ended 31/05/2001, Notice of AGM to be held 24/10/2001 and
Information Memorandum for the Restructuring of Group Operations. EXTRACT FROM NOTICE OF AGM: Special Business: 3
Restructuring Proposal: To consider and, if thought fit, pass the following resolution as a special resolution: That: a. the Company be
put into liquidation effective on 30/06/2002 or such earlier date as determined by the Board in its discretion; b. the liquidator for the
Company will be Sydney Thomas Dobbs, chartered accountant of Dunedin; c. the appointment of Sydney Thomas Dobbs as
liquidator of the Company will be effective on 30/06/2002 or such earlier date as determined by the board in its discretion; and d. the
shareholders hereby approve the cancellation of the Company's listing and quotation of its shares on the NZSE on the liquidation of
the Company. 4 Alterations to the Constitution. EXTRACT FROM INFORMATION MEMORANDUM: 1. Proposal Summary. 1.1 On
21/09/2001 Tasman Agriculture announced to the Market that it intends to initiate major restructuring (Restructuring Proposal). Under
the Restructuring Proposal: a. TasAg will seek shareholder approval to place TasAg into voluntary solvent liquidation (the Liquidation)
pursuant to the provisions of Part XVI of the Companies Act 1993 (the Act), by the appointment of a Liquidator. b. In the course of the
Liquidation it is proposed to make the following distributions to TasAg shareholders: i. All of TasAg’s share capital in Leander
Holdings (LHL). LHL is a 100% owned NZ subsidiary of TasAg which owns TasAg’s Australian assets. ii. An interim cash distribution
of between $75m and $82m, representing between $1.12 and $1.22 per TasAg share. iii. Depending on the level of interim
distribution, a final cash distribution of between $1m and $6m, representing $0.02 to $0.09 per TasAg share, which would result in a
total cash distribution of between $81m and $83m ($1.21 to $1.24 per TasAg share). 1.2 On the appointment of a Liquidator the
shares in TasAg can no longer be traded. 1.3 As a result of the Liquidation TasAg shareholders will obtain cash and shares in LHL.
1.4 Quotations for shares in LHL will be available on the NZSE Unlisted Securities Facility Board. 3 Effect of the Restructuring
Proposal: 3.1 Overall Effect The effect of the Restructuring Proposal will be that the parent company, TasAg, will be liquidated by
distributing cash and shares in LHL to TasAg shareholders registered on the TasAg Share Register on the date the Liquidator is
appointed (the Liquidation Date). The Liquidation Date is forecast to be 26/10/2001. 3.2 In Specie Distribution of Shares in LHL. It is
anticipated that the in specie distribution of shares in LHL will occur on 14/11/2001 (the Distribution Date). TasAg shareholders will
receive one share in LHL for every share held in TasAg. All shares in LHL are fully paid up. The value of LHL shares as at the
Distribution Date has been independently assessed by Deloitte Corporate Finance at 44cps, representing a $29.61m capitalised value
of LHL. The NTA of LHL as at the Distribution Date, adjusted for refinancing the Australian operations prior to the Distribution Date
and recent valuations of livestock and farming assets, is estimated at $39.48m (59 cents per TasAg share). LHL’s asset value will
approximate the book value of LHL’s assets at the Distribution Date. The valuation of 44cps is at a discount to NTA of 59cps, due to
the fact that rural property companies have historically traded on the NZSE at a discount to NTA. This assessment of discount to NTA
has been made by Deloitte Corporate Finance in compiling their report. It is anticipated that LHL will apply for quotation of its shares
on the NZSE Unlisted Securities Facility Board within 30 days of the Distribution Date. While LHL shares may initially trade at a
discount to NTA, the immediate outlook for Australian agriculture is positive and the Board expects LHL will develop a number of
strategies that will add future value for LHL shareholders. A description of LHL is contained in Section 5 of this Memorandum. 5.2
Profile of Operations: LHL, through its wholly owned subsidiary THL, owns 87.5% of the share capital in VDL and 100% of the share
capital in TFL. The consolidated entity owns 22 large scale dairy farms in North West Tasmania milking approximately 13,400 dairy
cows on 6,088 grazing hectares. These dairy farms are operated under Fixed Rate Sharefarming Agreements whereby LHL supplies
the land, buildings and livestock and the Sharefarmer provides the plant and machinery necessary to operate the farms. Under the
Fixed Rate Agreement, Sharefarmers are paid a fixed amount per kg of milk solids produced and provide the labour to operate the
farm. Revenue from calves accrue to the Sharefarmer but, as owner of the livestock, LHL obtains proceeds from cull cows sold. LHL
dairy farms are budgeted to produce 4.02m kg of milk solids in the season ended 31/05/2002. LHL’s dairy farms principally supply
Bonlac although 3 TFL farms supply Cadbury Schweppes Pty and one further TFL farm supplies Lactos Pty . In addition to its dairy
farming operation, LHL, through its interest in VDL operates a large scale sheep, beef and dairy grazing unit comprising approximately
5,700 grazing hectares. The carrying capacity of the sheep, beef and dairy grazing unit is approximately 120,000 dry stock
equivalents. A large scale, meat, wool, dairy grazing and cropping enterprise is conducted on this property, acting as a
complementary operation to LHL’s large scale dairy operation. 5.5 Outlook: The Board believes the immediate outlook for LHL is
                                                                                                                                 Page 1556
                                                                                                                                  6/04/2012
sound. A positive sentiment currently prevails in the Australian dairy sector: a. The NZDB/Bonlac alliance consummated in 04/2001 is
likely to give rise to future benefits for suppliers to Bonlac. b. Australia’s currency is currently very competitive against the US$. c.
Australia is an active participant in the International dairy commodity market and commodity prices for dairy products are at good
levels. d. The Australian dairy industry will benefit from the structural adjustment occurring through the GATT Accord, which has
resulted in limitations on subsidised exports from Europe and the US. This, together with other international market conditions has led
to a rise in international commodity prices and an improved outlook for Australia’s competitive position in the international dairy market.
 e. With the investment of several NZ industry processors and the NZDB in the Australian dairy industry and the formation of NZ’s
Fonterra Co-operative Group, TasAg anticipates that further Australasian rationalisation will occur which will benefit dairy industry
participants. As a result, TasAg anticipates an increase in future Australian farm gate payouts. Better trading conditions and the
improved Australian currency position versus the US$ has resulted in Australian farm gate payouts for the season ended 30/06/2001
being 26% higher than the 2000 season. Further, the immediate outlook has resulted in Bonlac increasing its advance price for the
2002 season by 29% over the equivalent opening price for the 2001 season. TasAg expects that increased farm gate payouts will
increase dairy farm earnings. In addition to the renewed positive outlook for the Australian dairy industry, the prognosis for the
sheep, beef, dairy grazing and cropping industry remains positive given the increase in prices for these commodities and the
competitive Australian currency. Consequently, as part of the restructuring, TasAg provided the opportunity for TasAg shareholders to
continue their participation in TasAg’s Australian operations through their shareholding in LHL. 7. NZSE Listing: 7.1 Once the
appointment of a Liquidator has occurred, provisions of the Act prevent TasAg from allowing trading in its shares without prior Court
approval. 7.2 As it is intended that the Liquidator will make the interim distribution of cash and shares in LHL almost immediately
upon appointment, it is TasAg’s intention to agree in the liquidation protocol that the Liquidator delist TasAg upon appointment. 7.3
While this delisting will remove the ability of shareholders to trade TasAg shares, it is envisaged that liquidity upon the initial cash
distribution and in specie distribution of LHL shares will be available for all shareholders by quoting LHL’s shares on the NZSE Unlisted
Securities Facility Board. 7.4 The final amount of cash estimated to be retained by TasAg pending final distribution by the Liquidator
is approximately $1m to $6m or around 2cps to 9cps. As such, TasAg does not believe the cost of maintaining the listing by applying
for Court approval justifies retaining the listing.
8. Implementation Timetable
The implementation timetable is expected to be as follows:
Item                                                Date
Closing of proxies for Special Meeting              22/10/01
Meeting to consider Restructuring Proposal          24/10/01
Date upon which the directors propose
TasAg be placed into voluntary liquidation          26/10/01
Anticipated date of distribution of LHL share
capital to shareholders                             14/11/01
Anticipated date of interim cash distribution       14/11/01
Anticipated final cash distribution and wind
up of TasAg                                         2002
9. Recommendation: Having extensively considered the alternatives, the Board firmly believes the Restructuring Proposal is in the
best interests of shareholders and recommends your support.
SKY CITY LIMITED (NS)
Sky City advised that on 20/09/2001 it issued 54,000 new ordinary shares to executives of the company pursuant to the exercise of
options issued under the Sky City Executive Share Option Plan. The exercise price of the relevant options under the plan (and the
issue price of the new shares) was $11.61, calculated in accordance with the terms of the Plan. The shares were issued fully paid and
payment for the shares was in cash. The number of new ordinary shares issued represents 0.0005% of the number of ordinary shares
in the company. The total number of shares on issue is now 100,791,613.
EVERGREEN FORESTS LIMITED
Evergreen Forests advised the on-market buyback on 19/09/2001 of 30,000 ordinary shares (being 0.0213%) of the ordinary shares)
at $0.4967 which have been purchased for cash as part of its acquisition programme authorised by the board of directors on
22/08/2001. The shares will be held by the company as Treasury Stock. The total number of ordinary shares on issue is 140,734,732
of which 183,000 are held as Treasury Stock.
AMP INVESTMENTS' WORLD INDEX FUND (NS)
The unaudited NTA of WiNZ (AMP Investments World Index Fund) as at cob 21/09/2001 was $1.58517. The number of shares on
issue is 416,165,142.

                                                   MONDAY, 24 SEPTEMBER 2001

THE BANKERS INVESTMENT TRUST PLC
                                                                                                                             Page 1557
                                                                                                                              6/04/2012
The NTA of The Bankers Investment Trust as at cob 20/09/2001 was 271.9p.
THE CITY OF LONDON INVESTMENT TRUST PLC
The NTA of The City of London Investment Trust as at cob 20/09/2001 was 209.9p.
HENDERSON FAR EAST INCOME TRUST PLC
The NTA of Henderson Far East Income Trust plc as at cob 20/09/2001 was 120.3p.
HENDERSON TR PACIFIC INVESTMENT TRUST PLC
The NTA of Henderson TR Pacific Investment Trust plc as at cob 20/09/2001 was 61.6p.
AMP LIMITED
AMP advised on 21/09/2001 the issue of 77,088 ordinary shares pursuant to the exercise of 32,088 Employee options, and 45,000
shares under the Executive share ownership plan. 2,088 shares were issued at A$16.00, 30,000 shares were issued at A$17.38, and
45,000 shares were issued at A$16.56. Issued capital is now: 1,118,301,447.
ELECTRONIC TRANSACTION TECHNOLOGY LIMITED
Electronic Transaction Technology passed a Resolution at the Company’s AGM held in Auckland on 17/09/2001 to ratify the issue of
the above shares made at the discretion of Directors in 04/2001. The shares were issued in accordance with an explanatory note
dated 28/08/2001 sent to all shareholders. Subsequent to the allotment of the 1,586,667 shares ratified by shareholders at the
17/09/2001 AGM the total number of shares on issue by the Company is 199,394,704.
WESTFIELD TRUST
Westfield Trust advise that Michael John Brahem has been appointed to the Westfield Management Compliance Committee following
the resignation of George Thomas Forster. As a consequence, the Compliance Committee now consists of John Studdy AM
(Chairman), Micheal Brahem and Stephen Johns.
GRD NL
GRD advised their timetable for the conversion of all CRP shares. On 20/08/2001, CRP shareholders approved a resolution to vary
the terms of the CRP shares to provide for early conversion of all CRP shares, as set out in the Notice of Class Meeting and
accompanying documents. The timetable is as previously announced on 21/09/2001. As a result of the conversion, former CRP
shareholders, who still hold ordinary shares at the dividend entitlement date, will receive A2cps of unfranked ordinary dividends
(equivalent A2.68c per former CRP share) by 30/10/2001.
GRD NL
GRD NL advise the allotment of approximately 71,324,003 ordinary shares on 29/09/2001. The shares were issued as a result of a
mandatory early conversion of 7% Cumulative Converting Redeemable Preference Shares as approved by a class meeting of holders
of CRPs on 20/09/2001. The exact amount of shares to be alloted will be advised on date of allotment.
M2M CORPORATION LIMITED
M2M Corporation is continuing its review of its activities following the withdrawal from negotiations by a major international channel
partner. As part of this process the Board has reviewed the corporate structure and manning levels going forward inclusive of a review
of the composition of the Board of Directors. As a result of the review the Chairman, T B Finn, and Non-Executive Director, G R
Ringwood, have today resigned as Directors of the Company. Mr I B Clarkson has been appointed as Acting Chairman of the Board of
Directors. Following these resignations the Board of Directors is: I B Clarkson, Acting Chairman and Non-Executive Director, G J
Bound, MD, J A Symington, Non-Executive Director.
AIR NEW ZEALAND LIMITED (NS)
The Acting Chairman of Air NZ Limited, Dr Jim Farmer, issued the following statement after the company’s Board of Directors
adjourned their meeting on 21/09/2001. “We have had a useful day‘s discussion and there are matters that require further
consideration by the major shareholders and the NZ Government before we are able to complete the business on our agenda. We will
reconvene to continue the discussion early this week.”
LEND LEASE CORPORATION LIMITED
Lend Lease Corporation provided a printed copy of their annual report for the year ended 30/06/2001.
AIR NEW ZEALAND LIMITED (NS)
                                                                                                                                    Page 1558
                                                                                                                                     6/04/2012
The Acting Chairman of Air NZ, Dr Jim Farmer, has issued the following statement. “Good progress has been made over the weekend
by the major shareholders and the NZ Government in their consideration of steps to recapitalise Air NZ. I now expect to be able to
reconvene the meeting of the full Board of the company early in the week to resume the discussions that were adjourned last Friday.”
AIR NEW ZEALAND LIMITED (NS)
Air NZ announced the following: Air NZ, like all international carriers, was recently issued with a 7 day Notice of Cancellation of war
risks insurance cover effective from 25 September 2001, by its aviation war risk insurance underwriters. Insurers are renewing cover
on new terms to provide war risk cover only to airlines considered a good risk - Air NZ is in this category. Air NZ has been advised that
its new cover in respect of liability to third parties for injury and property damage on the ground arising from war / terrorist activity will
be subject to a limit of US$50m for any one event; reduced from the previous limit of US$2b. This reduction ( from US $2b to
US$50m ) in relation to ground injury or property damage means that should the company's aircraft be involved in such a disaster,
there would be substantial uninsurable risk. Air NZ would also be legally prevented from operating leased aircraft and from operating
services at all to some countries (including the European Union) which impose legal minimum levels of war risks insurance. In
addition, Air NZ, along with all airlines around the world, will be required to collect a War Liability passenger surcharge of US$1.25 per
passenger, per flight. The International Air Transport Association (IATA) is currently reviewing the method for all airlines to implement
collection of the surcharge which applies to flights on and from 1 October 2001. To avoid an otherwise necessary grounding of the
national carrier, Air NZ will be indemnified by the NZ Government against losses from war and terrorist activity, as announced by the
Minister of Finance, the Hon. Michael Cullen today. This is similar to responses by other governments around the world and Air NZ
welcomes the Government's commitment to provide the indemnity. Air NZ Acting Chairman, Dr Jim Farmer expressed his appreciation
of the efforts of the Government over the weekend to provide this helpful and prompt response. This commitment by the NZ
Government is not related to other ownership and capital raising issues.
AUSTRALIAN 20 LEADERS INDEX FUND (NS)
The NTA of The Australian 20 Leaders Index Fund as at cob 23/09/2001 was $2.0755. The number of shares on issue is 60,287,666.
RESOLUTE LIMITED
Resolute has recently entered into a Scheme of Arrangement and as a result of this Scheme, its securities will be de-listed from both
the ASX and the NZSE on Friday 21/09/2001. Resolute Mining will be the new parent entity of the Resolute group and this will be the
entity quoted on the ASX effective today. Resolute has been de-listed from the NZSE effective cob 21/09/2001.
EBOS GROUP LIMITED
Ebos Group provided its Annual Report for the year ended 30/06/2001.
ELDERCARE NEW ZEALAND LIMITED
ElderCare NZ announced that they have agreed to sell the Molly Ryan Trust retirement village and nursing complex in New Plymouth
for $2.5m. The conditional agreement is subject to due diligence with settlement expected to take place in early October. “The sale of
this complex is in line with ElderCare’s agreed strategy to move the business away from property-based income streams and into
health and medical services-based streams,” said ElderCare CEO, Alan Clarke. “Completing this sale will allow us to concentrate our
efforts on the operations of nursing homes and medical rehabilitation services.” Proceeds from the sale will be applied to reduce
company debt. This announcement follows the sale of Pacific Projects earlier this year, as ElderCare repositions its business focus to
that of a listed healthcare and medical operating company. “At our last annual meeting we signalled our move toward the wider
healthcare market where we believe there are significant opportunities for ElderCare,” says Clarke. “We will shortly deliver the 2001
Report to shareholders, in which we will provide more information about our move to become a listed healthcare and medical services
company.” Molly Ryan has been sold to a group headed by Alan and Jenny Dempsey.
WILLIAMS AND KETTLE LIMITED
CONSOLIDATED OPERATING STATEMENT FOR THE FULL YEAR ENDED 31/07/2001
Audited (NZ$000)
                                         Current        Previous
                                          Period   Corresponding
                                                          Period
OPERATING REVENUE
Sales revenue                           173,188          154,308
Other revenue                              8,272           6,093
Total Operating Revenue                 181,460          160,401
OPERATING SURPLUS (DEFICIT)
BEFORE UNUSUAL ITEMS AND TAX             10,761            6,924
Unusual items
for separate disclosure                        -               -
                                                                                                                               Page 1559
                                                                                                                                6/04/2012
OPERATING SURPLUS (DEFICIT)
 BEFORE TAX                                                10,761                 6,924
Less tax on operating surplus                             (3,657)               (2,455)
Operating surplus (deficit)
 after tax but before minority
interest                                                    7,104                 4,469
Less minority interests                                          -                (305)
Equity earnings                                               (58)                   12
OPERATING SURPLUS (DEFICIT)
 AFTER TAX ATTRIBUTABLE
 TO MEMBERS OF LISTED ISSUER                                7,046                 4,176
Extraordinary items after tax                                    -                    -
Less minority interests                                          -                    -
Extraordinary items after tax
 attributable to members of the
 Listed Issuer                                                   -                    -
TOTAL OPERATING SURPLUS
 (DEFICIT) AND
 EXTRAORDINARY ITEMS
 AFTER TAX                                                  7,046                 4,176
Operating Surplus (Deficit)
 and Extraordinary Items after
 Tax attributable to Minority
 Interest                                                        -                (305)
Operating Surplus (Deficit)
 and Extraordinary Items after
 Tax attributable to Members
 of the Listed Issuer                                       7,046                 4,176
EPS                                                         47.84                 28.35
SHAREHOLDERS' EQUITY
  ATTRIBUTABLE TO MEMBERS
 OF THE HOLDING COMPANY                                    43,349               37,629
Williams and Kettle announced the result for the after tax surplus was a record $7.046m which is a 69% increase over the previous
year’s record surplus of $4.176m. This is the third consecutive year in which the Company has increased its profitability by more than
65%. The profit represents an after tax return on average shareholders’ funds of 17% compared with a return of 11% in the previous
year. The Directors have declared an 11cps fully imputed final dividend. The full year dividend of 20cps (fully imputed), represents a
pay out ratio of 42 % of earnings. It is 33% above last year’s dividend of 15cps. The final dividend will be paid on 26/11/2001 with the
register closing for entitlement to that dividend on 16/11/2001. W&K Chairman John Bayly said that the company had benefited from
the strong rural sector and an increase in market share with the farm merchandise, livestock and wool divisions performing particularly
well. Fruitfed Supplies (W&K’s horticultural division), real estate, rural management and rural finance had also recorded solid results.
The Company had recently purchased 2 livestock businesses, Livestock Enterprises (Waikato) and Property Brokers Livestock
(Rangitikei). It had also acquired a Taranaki horticultural merchandising business. Mr Bayly commented that the expansion of W&K’s
core business activities into non-traditional North Island markets was progressing well and it was pleasing to see new clients trading
with the company. The strategic initiatives taken by the Company in recent years were yielding positive results. Further growth
initiatives were currently being considered. The strong trading conditions experienced by the Company in the past year are continuing
into the new financial year, however the recent tragic events in the USA have now added considerable uncertainty to the global
outlook.
BURNS PHILP & COMPANY LIMITED
Burns Philp & Company advised that the following documents have been mailed to shareholders, optionholders, and holders of the
Companys converting preference shares today: - Notice of AGM, Voting and Proxy Form, The Annual Report.
VENDING TECHNOLOGIES LIMITED
Vending Technologies today announced that it has withdrawn its offer to purchase the business interests of Soche Pty . The decision
comes as the Australian economy continues to weaken in the aftermath of terrorist attacks on the USA. “The Australian sharemarket
is substantially down and the macroeconomic outlook is increasingly uncertain,” said VTL Chairman Dr Richard Janes. “In this
environment the directors of VTL deemed it prudent to exercise our right, under 4.5.1 of the agreement, to cancel in the face of
adverse and unprecedented market conditions. “In our view it is preferable for VTL to retain the $2.5m earmarked to complete this
purchase. That leaves the company in a strong cash position. “The Australian market remains important to our growth plans, and we
still retain a substantial investment and presence there,” added Dr Janes. “However, in the current climate the Directors have
                                                                                                                                   Page 1560
                                                                                                                                    6/04/2012
determined it preferable to retain cash for working capital and future investment. We plan to retain this strong cash position until
conditions change appreciably.” Dr Janes said the Directors were continuing to hold discussions with Soche. VTL announced the
purchase agreement to shareholders at last month’s AGM. Two weeks ago it postponed a proposed rights issue, citing market
uncertainty. The Directors affirmed that the business is operating profitably and they remain confident that VTL will continue to meet
its current year earnings forecast.
PORTMAN LIMITED
Portman today committed additional funding support alongside the Federal Government’s rescue package for Ansett Australia’s
regional WA subsidiary, Skywest Airlines. Portman today said it had reached agreement with Skywest’s administrator, Anderson, to
provide a standby credit line to the airline of up to A$1m in addition to the funding package being provided by the Federal Government.
 Portman’s Chairman, George Jones, said he was delighted his Group had been able to offer support when Skywest’s administrator
approached both the Federal Government and the private sector late last week. “Our decision to provide additional support to Skywest
reflects our support as a Company of the continued development of WA’s transportation and infrastructure sector – which is vital cog in
the State’s economy and is key to the successful operations of mining companies like ours,” he said. “This is part of an emergency
funding package to assist Skywest in resuming operations and is not an investment by Portman in the airline itself, “he said. “We are a
committed and focused iron ore company. However, as a resource company with operations in remote areas of WA, we are acutely
aware of the importance of this State’s regional airline industry.” ”We saw this as an opportunity to make a significant contribution to a
vital component of the State’s transportation infrastructure at a critical juncture,” he added. “We believe it is fundamentally important for
Skywest to resume operations – for the benefit of everyone in this State.” “We are a major beneficiary of the infrastructure in this State
and, with iron ore operations and exports near Southern Cross and Esperance and on Cockatoo Island in the north-west, we are well
aware of the significant role that Skywest fulfills.”
SANTOS LIMITED
Santos advised that they will issue 29,100 fully paid ordinary shares. Class of securities for which quotation is sought: Fully paid
ordinary shares. Reason for request for quotation now: End of restriction period for 29,100 shares issued on 29/09/2000 under the
Santos Employee Share Purchase Plan at the issue price of A$5.76 per share. Total number of shares in existence after the issue is:
619,087,803.
NATIONAL MAIL NEW ZEALAND LIMITED
National Mail refer to the takeover offer made by Paul Ernest Meier for all of the shares in National Mail NZ that he does not already
hold, dated 13/08/2001. The Offer closed on 14/09/2001. Pursuant to Rule 10.1.1(d) of the LR of NZSE, the directors of National Mail
advise that they received notice from Mr Meier yesterday afternoon that the Offer has become unconditional. A substantial security
holder notice filed by Mr Meier on 19/09/2001 indicates that he owns, or has a relevant interest in, 77% of the issued shares National
Mail.
AXA ASIA PACIFIC HOLDINGS LIMITED
Axa Asia Pacific Holdings announced the sudden death this morning of Malcolm Gillespie, Group General Counsel and Company
Secretary. Kevin Le Plastrier will assume the role of acting Group General Counsel and Company Secretary.
PACIFIC RETAIL GROUP LIMITED
Pacific Retail Group today received from Logan Corporation a notice of intention, under the Takeovers Code, to make a full offer for
the ordinary shares and options in Pacific Retail Group not already held by Logan Corporation. In terms of the notice, Logan has
indicated that it will offer $1.76 per ordinary share in PRG.
BHP BILLITON LIMITED
BHP Billiton advised that 600,000 shares were bought back on 24/09/2001 at prices between A$8.00 and A$7.87. Total consideration
paid: A$4,770,805. The remaining number of shares the company intends to buy-back is now 182,140,549.
SUN RESOURCES NO LIABILITY
Sun Resources advised that Kingfisher #1 in the San Joaquin Basin, California, at 1800 hours 23/09 California time (early hours this
morning Australian time) was at 4,040m depth and drilling ahead in 251mm hole to the Cretaceous (Morris) sands the last primary
target in the well. This lies at a revised depth of 4,054m in a fault block trap within the prospect with target potential of 143b cubic feet
of gas if hydrocarbons are present in the structure. To date significant gas readings have been recorded in the Mya, Third Vedder and
Vaqueros Formations (secondary objectives) and in the Monterey Formation (first primary objective) that will require full evaluation by
electric logging and side-wall cores on completion of the well. It is anticipated that logging will commence in the next couple of days.
SUN RESOURCES NO LIABILITY
Sun Resources advised of the grant of new exploration permit WA-312-P in the offshore Carnavon Basin, WA. This was the result of a
                                                                                                                                    Page 1561
                                                                                                                                     6/04/2012
successful tender by a 3 company consortium to the Federal Authority on year 2000 acreage release block WA00-57 in early 11/2000.
 The 1,850 square km permit is both landward and 11km north eastwards of the Stag Oilfield and a few km from the Wandoo Oilfield.
These fields are currently producing 20k and 24k barrels of oil per day respectively and original cumulative recoverable reserves were
in excess of 100m barrels of oil. Members of the WA-312-P Joint venture are ASX listed companies: Sun Resources NL 33.333%;
Victoria Petroleum NL 33.333% (Operator); Pancontinental Oil & Gas NL, 33.333%. The permit has been granted for a 6 year term,
with the initial commitment for the first 3 years being seismic acquisition and seismic reprocessing of the current seismic coverage of
the permit to mature a prospect for drilling in the first year of the second 3 year period.
SKY NETWORK TELEVISION LIMITED
SKY Television announces that its Capital Notes Issue was approved at a Special Shareholders Meeting held in Auckland at 4.00pm
today.
AMP INVESTMENTS' WORLD INDEX FUND (NS)
The unaudited NTA of WiNZ (AMP Investments World Index Fund) as at cob 24/09/2001 was $1.59064. The number of shares on
issue is 416,832,234.

                                                    TUESDAY, 25 SEPTEMBER 2001

THE NZ MID-CAP INDEX FUND (NS)
The Directors advised that no units were issued or surrendered during the week ended 21/09/2001. Total units on issue is: 13,431,512.
The NTA as at 21/09/2001 was $1.74556.
ANGLO & OVERSEAS TRUST PLC
The NTA of The Anglo and Overseas Trust as at cob 21/09/2001 was 226.88p.
NZ INVESTMENT TRUST PLC
The NZ Investment Trust plc advised the NTA per ordinary 25p share of the company at 21/09/2001 was 142.39p (NZ513.21c). The
exchange rate at which this was calculated was GBP = NZ$3.6043.
TEMPLETON GLOBAL GROWTH FUND LIMITED
Templeton Global Growth Fund announced that Peter R Manuell has retired as Secretary of the Company and Richard GM Adams
was appointed as Secretary.
LAKES OIL NO LIABILITY
Lakes Oil has been advised by Victoria Petroleum, as Operator for the Kingfisher Prospect Exploration Project, that the Kingfisher No.
1 well is at 4,040m, and drilling ahead in the Morris Formation.
THE CITY OF LONDON INVESTMENT TRUST PLC
Notice of interests of directors and connected persons has been received in respect of dealings by S M De Zoete, a director of the
Trust as at 24/09/01. Total holding following this notification: 50,000
ROCOM WIRELESS LIMITED (NM)
Further to the purchase of a packet billing system from Newcall Technology in 06/2001, ROCOM Wireless has established a company
called World Billing Services to provide specialised billing services to the market. The new company, headed by Grant Crawshay,
former Director of Technology at Newcall Group, will provide packet data billing and customer information management services.
These offerings are expected to meet the growing demand for outsourced billing services, which provide the customer with a highly
advanced billing service - without the large infrastructure expense. World Billing Services is a complete outsourcing service, which
provides businesses with a number of ‘value-added’ billing services. One of the key features being the ability for businesses to tailor
their bills to customers specific requirements. “A one size fits all bill is no longer the best way to meet the ever changing needs of
your customers”, says Grant Crawshay. “The best thing that you can do to retain customer loyalty, is to make billing both specific and
easy. World Billing Services provides a wide range of services that enable businesses to present their bills in a ‘customer-friendly’
format.” Through World Billing Services, companies can provide with ease a different billing format for each individual customer if
required. This includes not only the layout and content of the bill but also the method that the bill is sent in – either electronically or by
post. Other services include bill monitoring and reporting. Customers can elect to put a ‘cap’ on their expenditure and be notified if
they exceed this limit. Billing information can also be imported into Excel spreadsheets from the electronic bill and this will enable
companies to track their expenditure in different areas. “The key objective of World Billing Services is to be a company’s billing
partner”, says Crawshay. “Our proven billing system along with staff expertise and a strong service ethic aims to remove some of the
                                                                                                                               Page 1562
                                                                                                                                6/04/2012
headaches of the billing process and enable people to focus on their core business.” Newcall Technology spent 4 years and
considerable resource developing the billing system for the telecommunications industry. The system has operated in NZ for 3 years -
with a similar platform operating commercially in Singapore and a ‘retail power’ version here in NZ. The billing system is based on
the PCMS billing platform, developed for the telecommunications industry by Idea System in France and features customer relationship
software developed by Scimitar. It can be used to service a wide range of industries and is currently being used by Energy Online to
bill retail power. ROCOM’s Directors believe significant shareholder cost benefits (estimated to be in the region of $2-3m) have been
achieved through this acquisition, which is of direct benefit to ROCOM’s shareholders. This estimation is supported by the NZSE
announcement from Newcall Group on 02/08/2001, which states “the CBS system, is priced at $3m on a PricewaterhouseCoopers
valuation”. The first customer of World Billing Services is ROCOM . The company will be using the billing system to help manage
customer demand for satellite products and subsequent airtime billed, which has dramatically increased since the resumption of the
Iridium network earlier this year.
AUSTRALIAN 20 LEADERS INDEX FUND (NS)
The NTA of The Australian 20 Leaders Index Fund as at cob 24/09/2001 was $2.1064. The number of shares on issue is 60,287,666.
GUINNESS PEAT GROUP PLC
Guinness Peat Group advised that Dr G H Weiss, a Director, had sold 1.2m ordinary shares on the Australian market at A$1.10 per
share on 24/09/2001. His total holding following this transaction is 3,464,011.
AIR NEW ZEALAND LIMITED (NS)
The Acting Chairman of Air NZ, Dr Jim Farmer, has issued the following statement. “Good progress continued to be made today in
discussions between Air NZ, its major shareholders and the NZ Government on steps to recapitalise Air NZ Limited. “We also had
constructive discussions during the weekend with the voluntary administrators at Ansett Holdings and hope to continue them in the
cooperative spirit that has been established since the new administrators took over. “I expect reconvene the meeting of the full Board
of the company in the next 2 days to complete the consideration of the recapitalisation plan that was adjourned last Friday .”
NUPLEX INDUSTRIES LIMITED
The Directors of Nuplex Industries advised that subsequent to the release of the Preliminary Full Year Report Announcement made on
24/09/2001 an event has occurred that in their opinion has reduced the value of the goodwill paid for Medihold International 3 Pty
(Medihold). On 05/01/2001 Nuplex advised completion of an acquisition of Medihold, a business involved in the collection, treatment
and disposal of medical and quarantine waste in Australia. It was also announced that a Joint Venture had been formed to supply and
process “sharps” containers. The consideration paid to the vendor for this business was A$20,950,000. In the Preliminary
Announcement, Nuplex disclosed that this business had recorded a loss of NZ$895,000 for the period since acquisition. This was
caused by costs being in excess of those forecast in the business plan at the time of the acquisition. Subsequent management
programmes have addressed these issues and where possible rectified them. At the time, Directors took a view that until the success
of these programmes could be measured it was too early to determine future profitability of the Medihold division. It is now apparent
that the business will operate well below the business plan. Since the publication of the Preliminary Announcement the company has
been unsuccessful in a tender process in retaining a major contract with the New South Wales Public Hospitals. This contract expires
in 12/2001. These factors have lead Directors to conclude that the goodwill paid as part of the consideration for this business requires
revaluation. Taking a cautious view of future operating costs and loss of this contract, the Directors have assessed the reduction in
value of the goodwill paid for the business at 60%. Accordingly, the Directors have resolved that the carrying value of goodwill on the
Balance Sheet of the Group as at 30/06/2001 should be written down by NZ$11,877,000. The ability of Nuplex to pay the dividend of
7cps on 19/10/2001 as reported in the Preliminary Announcement is unaffected by this decision. Management initiatives have been
implemented to ensure the Medihold division is making a positive contribution to the Environmental business, which in its other
activities had a good year. Nuplex believes that it can expand this business segment by applying its industry experience and in
adapting new collection and treatment technology. While the Directors are disappointed with the circumstances leading to the
adjustment to the result for the year ending 06/2001, it can be reported that Nuplex has made a sound start to the current year. For the
first 2 months, Management Accounts are reporting profits at similar levels to the very buoyant 07 and 08/2000. Should this trend
continue the company anticipates that the impact of the Medihold performance would be offset. The Financial Statements for year
ended 30 June 2001 will be adjusted by recording a “Write-down of Goodwill” as an Abnormal item in the Statement of Financial
Performance. The Net Surplus for the year will be adjusted from $13,156,000 to $1,279,000. The Statement of Financial Position as at
30 June 2001 will be adjusted by a reduction to Intangible Assets from $55,561,000 to $43,684,000. Total Equity for the Group will be
adjusted from $137,342,000 to $125,465,000.
HELLABY HOLDINGS LIMITED
Hellaby Holdings bought back 5,000 ordinary shares at a price of $1.87 on 24/09/2001. The total number of shares on issue is now:
50,311,302. The total number of Treasury stock to date is now: 634,253.
GENERAL PROPERTY TRUST
                                                                                                                                 Page 1563
                                                                                                                                  6/04/2012
General Property Trust today announced the departure of Japanese department store chain Daimaru from the Trust's Melbourne
Central shopping centre. GPT advised that Diamaru's departure mid next year would not have a material impact on GPT's earnings.
The Melbourne Central Store will continue trading until 07/2002. Under the new terms of the early lease cessation agreed with
Daimaru, GPT will receive a cash sum equivalent to 5 years current gross annual rent, providing adequate protection against loss of
income from this lease during redevelopment and re-leasing. Daimaru's rental revenue represents only 1% of GPT's annual revenue.
Nic Lyons, CEO of GPT, said GPT had previously announced it was the process of master planning for a significant remixing if the
centre and, as a consequence, had been in discussions with Daimaru for some time regarding the future of their tendency. He advised
that Daimaru wouldn't necessarily be replaced with another department store.
RMG LIMITED
RMG announced the successful completion of a A$5m capital raising by the issue of new shares at A18 cents each. RMG Deputy
Chairman and CEO, James Boult , said the funds were derived from a number of predominantly institutional investors and would be
used for distressed debt acquisition, a major growth area for the company, both now and in the future. Mr Boult said that some of the
capital raising would fund the purchase of Distressed Debt books totalling A$36.0m which are to be settled immediately. The balance
of the funds raised would fund future acquisitions. "We are very pleased given that this placement was made quickly in market
conditions of extreme difficulty, and I believe this is a significant reflection of the growing impact we are now making in the extremely
competitive area of receivables and debt management," Mr Boult said. The current acquisitions are very significant because they
represent a move into an area that will now increasingly become a core part of our business. Mr Boult also noted that RMG's
Chairman, Tony Hodgson and non-Executive Director Robin Clements participated in the capital raising by taking 1.0m shares and
350,000 shares respectively.
TELECOM CORPORATION OF NZ (NS)
Telecom advised the issue of 3,392,684 ordinary shares on 14/09/2001 at $4.7214 per share. Percentage of total class issued: 0.18%.
Reason for issue: DRP. Number of shares on issue: 1,860,187,044.
NZIJ.CO.NZ (NM)
NZIJ.co.nz wished to advise all ordinary shareholders that, in light of recent developments, it has now ceased the discussions with the
party noted in the Don't Sell Notice of 06/09/2001. The directors of NZIJ.co.nz advised shareholders that there will not be any changes
to the company as a result of those discussions.
BHP BILLITON LIMITED
BHP Billiton advised that 225,171 shares were bought back on 25/09/2001 at prices between A$8.10 and A$8.03. Total consideration
paid: A$1,820,366.33. The remaining number of shares the company intends to buy-back is now 181,915,378.
NATURAL GAS CORPORATION HOLDINGS LIMITED
Natural Gas Corporation Holdings provided the NZSE with a copy of its Annual Report for the year ended 30/06/2001.
TOWER LIMITED
Tower announced the retirement of Elizabeth Fraser-Davies from the Board effective 14/09/2001 after over 8 years of service as a
Director.
SUN RESOURCES NO LIABILITY
Sun Resources advised that Kingfisher #1 in the San Joaquin Basin, California, at 1800 hours 24/09 California time (early hours this
morning Australian time) was at 4,103m depth and drilling ahead in the Cretaceous (Morris) sands the last primary target in the well. A
major off scale drilling break occurred at 4,087 metres with minor gas. Drilling to revised final depth of 4,130 metres will allow this
anomaly to be fully evaluated by electric logs. The Kingfisher Prospect is a structural trap with multiple stacked targets defined by
seismic with well control, and modelled off similar nearby oil and gas field producing analogues such as the nearby giant East Coalinga
Field (500m barrels and 500b cubic feet of gas produced to date) and the North Kettleman Dome Field (1.1 trillion cubic feet of gas
produced to date). The structural trap is unique in that 5 stacked primary objectives and 4 stacked secondary objectives were present
and were penetrated by a single well test. Significant gas readings have been recorded in the Mya, Oleese, Third Vedder and
Vaqueros Formations (secondary objectives) and in the Monterey Formation and Cretaceous (Morris) sands (primary objectives) that
will require full evaluation by electric logging and side-wall cores as a precursor to testing. Logging will commence tomorrow after a
wiper trip has been made to condition the hole.
BRIERLEY INVESTMENTS LIMITED
Brierley Investments announced that it will conduct a briefing for securities analysts and media in relation to its Annual Results for year
ended 30/06/2001. The briefing will be held on 27/09/2001 in Singapore.
                                                                                                                                 Page 1564
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SPECTRUM RESOURCES LIMITED
Spectrum Resources give notice of the allotment of share options to employees of Spectrum. Particularly, they advise as follows
(following the numbering of Rule 7.12.1): Class of security and ISIN: options that may be exercised into ordinary shares Number of
options issued: 550,000. Nominal value and issue or price: options were issued for nil consideration; 6 cents is payable on the
exercise of each option. Payment: no payment was made on allotment of the options; 6 cents is payable in cash upon exercise of the
options. Amount paid up: N/A. Percentage of total class of securities: if all options are exercised, the shares issued upon exercise of
the options will constitute 0.002% of the ordinary shares of Spectrum. Reason for the issue: to incentives employees of Spectrum to
further Spectrum’s growth and development. Authority for the issue: the issue was authorised by ordinary resolution of the
shareholders of Spectrum at Spectrum’s most recent AGM, held on 01/12/2000. Terms of details of the issue: as set out in the notice
of meeting sent to shareholders prior to Spectrum’s last annual general meeting held on 01/12/2000. Exercise period expires on
31/03/2004 Total number of ordinary shares in existence after the issue: 306,553,434. Acquisition of shares by issuer: N/A. Dates of
issue: 25/09/2001.
OTTER GOLD MINES
Otter Gold Mines advised of notice of expiry of options. 1. Notice of the final expiry date of options is required by ASX (Appendix 6A,
clause 6.1). 2. The expiry date of the 2001 options is 31/10/2001. 3. The exercise price is NZ$2.75 to convert one option to one fully
paid ordinary share. 4. If options are not exercised by 31/10/2001, they will lapse. 5. The latest available market price for the shares is
NZ14c. 6. The highest and lowest market price of Otter Gold Mines’ shares over the past 3 months is: Highest – 12/09/2001 - NZ20c,
 Lowest – 31/07/2001 - NZ10.5c. 7. Given the disparity between the market price of the shares (circa NZ14c) and the exercise price of
the options (NZ$2.75), Otter Gold Mines has applied for and received a waiver from the ASX from the requirement to provide the
above information to each individual option holder and has instead provided this general notification. Option expiry notices will not be
sent to optionholders. 8. Quotation of the 2001 options will cease on Tuesday, 30/10/2001 (NZSE) and Wednesday, 24/10/2001
(ASX).
AMP INVESTMENTS' WORLD INDEX FUND (NS)
The unaudited NTA of WiNZ (AMP Investments World Index Fund) as at cob 25/09/2001 was $1.62672. The number of shares on
issue is 416,832,234.
HALLENSTEIN GLASSON HOLDINGS LIMITED
CONSOLIDATED OPERATING STATEMENT FOR THE FULL YEAR ENDED 01/08/2001
Audited (NZ'000)
                                         Current        Previous
                                          Period   Corresponding
                                                          Period
OPERATING REVENUE
 Sales revenue                          167,290          160,393
 Other revenue                             1,091           1,056
Total Operating Revenue                 168,381          161,449
OPERATING SURPLUS (DEFICIT)
 BEFORE UNUSUAL ITEMS AND TAX            17,022           16,872
Unusual items
 for separate disclosure                       -               -
OPERATING SURPLUS (DEFICIT)
 BEFORE TAX                              17,022           16,872
Less tax on operating surplus              5,621           5,574
Operating surplus (deficit)
 after tax but before minority
interest                                 11,401           11,298
Less minority interests                        -               -
Equity earnings                                -               -
OPERATING SURPLUS (DEFICIT)
 AFTER TAX ATTRIBUTABLE
 TO MEMBERS OF LISTED ISSUER             11,401           11,298
Extraordinary items after tax                  -               -
Less minority interests                        -               -
Extraordinary items after tax
 attributable to members of the
 Listed Issuer                                 -               -
TOTAL OPERATING SURPLUS
                                                                                                                                Page 1565
                                                                                                                                 6/04/2012
 (DEFICIT) AND
 EXTRAORDINARY ITEMS
 AFTER TAX                                                   11,401              11,298
Operating Surplus (Deficit)
 and Extraordinary Items after
 Tax attributable to Minority
 Interest                                                          -                   -
Operating Surplus (Deficit)
 and Extraordinary Items after
 Tax attributable to Members
 of the Listed Issuer                                        11,401              11,298
EPS                                                           19.66               19.48
SHAREHOLDERS' EQUITY
  ATTRIBUTABLE TO MEMBERS
 OF THE HOLDING COMPANY                                      39,700              33,519
The directors advise that the audited profit after tax for the year ended 01/08/2001 was $11.401m (2000 - $11.298m), which is
marginally higher than the same period last year. Total sales revenue for the year was 4.3% higher at $167.29m compared to
$160.393m achieved in 2000. As reported in the half year announcement, sales for the first half of the year, were 1.2% higher, with
the first 4 months to 30 November being slightly below the same period last year due to a wetter and colder start to the summer
season. However, December trading was strong, particularly in the “lead up” to Christmas which enabled the summer season sales to
close just above the prior year. The NZ winter season sales were stronger with Hallensteins and Glassons both benefiting from the
colder winter conditions and the improved economic environment, lead by the rural sector recovery. The Australian market however
was more difficult with consumer spending in the early part of the year being affected by the introduction of GST and the Olympics.
The year under review saw Hallensteins, the company’s menswear chain, strengthen its Auckland market position by opening 2 new
stores at the Botony Downs Shopping Centre, and in Queen Street and also reopening at the refurbished Glenfield Shopping Mall. 4
small stores at Mosgiel, Masterton, Hunters Plaza-Auckland, and Whangaparoa were closed during the year. 2 new Hallensteins
Melbourne stores were also opened during the year at the Eastlands and Greenborough Shopping Centres, with a further store
planned to open early in the new financial year at Fountain Gate - Melbourne. This will bring the number of Hallensteins stores in
Melbourne to four. During the year Hallensteins also relocated its Auckland Head Office and moved to a new distribution facility, as
part of an ongoing programme to improve operational efficiencies, and costs. Glassons also strengthened its Auckland market position
during the year by opening at the Botany Downs Shopping Centre and at Glenfield Mall. Its Australian expansion also continued in a
measured manner, with a new Melbourne store opening at Fountain Gate and a further 2 Sydney stores opening at Castle Towers and
Burwood. It has continued to build its Australian based infrastructure, both in terms of its Australian based executive team, and its
distribution capability. A small distribution facility was secured in North Sydney during the year. Building this infrastructure has added
some extra costs in the short term, but is important for the “longer term” positioning and success of the chain. As mentioned in the
company’s half year announcement, a comprehensive review of HBK’s market positioning was completed during the year, which has
resulted in the HBK stores being converted to an “all girls” product offer, with Hallensteins stores assuming responsibility for the
boyswear product range. This repositioning is now completed and the HBK chain is now firmly positioned in the “girls fashion apparel”
sector. Gross trading margin for the year closed at 42.9%, compared to 42% the previous period and inventories have been well
controlled, closing at $11.8m compared with $11.115m last year. A strong focus continues to be placed on operational efficiency and
cost control, but pressure from some major landlords is an ongoing area of concern. The company’s balance sheet looks stronger this
year, when compared to 01/08/2000, but it must be noted that due to a change in NZ financial reporting standards, no provision has
been made in the 2001 financial statements for the company’s final dividend, as it was declared by directors subsequent to year end.
This final dividend was provided for as a liability in the 01/08/2000 financial statements. The directors have now declared a final
dividend of 9.5cps fully imputed (2000 – 9.5cps), bringing the total dividends declared for the year to 18.5cps fully imputed (2000 –
18.5cps). The final dividend will be paid on 17/12/2001. Record date 07/12/2001. In addition to the final dividend, a supplementary
dividend of 1.67647cps was declared and will be paid to non-resident shareholders. The directors would like to emphasise that their
future recommendations as to dividends will continue to be based on the trading performance and financial strength of the company,
and any growth opportunities it may be pursuing. Expansion into the Australian market may well require additional working capital as
both Hallensteins and Glassons increase their critical mass in New South Wales and Victorian markets. The company, prior to the last
2 weeks, was reasonably optimistic for the 2002 financial year. The NZ economy appeared to be “holding up” reasonably well, against
a tightening world economy lead by the USA economic downturn. However, the recent terrorist attacks in the USA and possible USA
military reprisals have made the world, including NZ particularly uneasy at present. This is not helpful to “consumer spending
confidence” so the impact on the company’s business is difficult to determine at present. Company sales for the new financial year to
date are ahead of the same period last year, but it is early in the summer season. Longer term, however, the company will continue to
compete aggressively in the fashion apparel market, and capitalise on the growth opportunities presented to it.
GRD NL
GRD advised the following details of the 2001 interim dividend of A2cps (unfranked) on the Company's Ordinary Shares: Record date:
22/10/2001. Payment date: 29/10/2001. The ordinary dividend will be paid to current holders of Convertible Redeemable Preference
                                                                                                                           Page 1566
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Shares (which are to be converted to ordinary Shares on 29/09/2001) who continue to hold those Ordinary Shares on the dividend
entitlement date.

                                               WEDNESDAY, 26 SEPTEMBER 2001

BRIERLEY INVESTMENTS LIMITED
Brierley Investments announced that through its wholly owned subsidiary, Inscribe Investments, it has acquired an additional 373,000
shares of Fraser and Neave at the price of S$6.97 per share. BIL now holds 10.983% of the paid-up capital of Fraser and Neave .
GRD NL
GRD provided a Notice of Director's Interests in respect of Bruce Geoffrey Thomas as at 20/09/01. Mr Thomas holds 3,228,078 fully
paid ordinary shares and 501,800 convertible redeemable preference shares.
THE BANKERS INVESTMENT TRUST PLC
The NTA of The Bankers Investment Trust as at cob 21/09/2001 was 263.2p
THE CITY OF LONDON INVESTMENT TRUST PLC
The NTA of The City of London Investment Trust as at cob 21/09/2001 was 203.1p
HENDERSON FAR EAST INCOME TRUST PLC
The NTA of Henderson Far East Income Trust plc as at cob 21/09/2001 was 117.7p
HENDERSON TR PACIFIC INVESTMENT TRUST PLC
The NTA of Henderson TR Pacific Investment Trust plc as at cob 21/09/2001 was 59.9p
THE BANKERS INVESTMENT TRUST PLC
The NTA of The Bankers Investment Trust as at cob 24/09/2001 was 272.6p
THE CITY OF LONDON INVESTMENT TRUST PLC
The NTA of The City of London Investment Trust as at cob 24/09/2001 was 212.4p
HENDERSON FAR EAST INCOME TRUST PLC
The NTA of Henderson Far East Income Trust plc as at cob 24/09/2001 was 117.9p
HENDERSON TR PACIFIC INVESTMENT TRUST PLC
The NTA of Henderson TR Pacific Investment Trust plc as at cob 24/09/2001 was 60.5p
TEMPLETON EMERGING MARKETS PLC
The NTA of Templeton Emerging Markets Investment Trust as at cob 21/09/2001 was 115.53p (Cum-Income) Undiluted and 112.56p
(Ex-Income) Un-diluted with the warrants unexercised. The NTA was 118.23p (Cum-Income) Fully diluted and 116.01p (Ex-Income)
Fully Diluted with the warrants exercised.
MERRILL LYNCH EUROPEAN INVESTMENT TRUST PLC
The unaudited NTA of Merrill Lynch European Investment Trust as at cob 24/09/2001 was 155.67p undiluted, and 148.68p diluted.
AIR NEW ZEALAND (NS)
The Acting Chairman of Air NZ, Dr Jim Farmer, has issued the following statement. “Talks have continued throughout the day
between Air NZ, the company’s major shareholders and representatives of the Government on steps to recapitalise Air NZ. The parties
are continuing to make progress. I will be reconvening the full Board of Air NZ as soon as it is appropriate for us to resume the
proceedings adjourned last Friday. I repeat satisfactory progress is being made by the major interested parties. “While negotiations
are not yet completed, the directors of Air NZ remain hopeful that a successful outcome will be achieved soon.”
AUSTRALIAN 20 LEADERS INDEX FUND (NS)
The NTA of The Australian 20 Leaders Index Fund as at cob 25/09/2001 was $2.1198. The number of shares on issue is 60,287,666.
AIR NEW ZEALAND (NS)
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Air NZ Acting Chairman Dr Jim Farmer today refuted continuing Australian allegations that Air NZ had improperly removed cash and
assets from Ansett Australia before calling in a Voluntary Administrator. 'We have investigated each and every allegation, and they are
completely without foundation. 'Why any thinking person would believe Air NZ would stoop to this sort of behaviour when at times
during the past 12 months we have funded Ansett operating losses by as much as $A180m is beyond my comprehension.
'Furthermore, the Administrator has confirmed to me that he has also been unable to find a shred of evidence of any of the alleged
asset-stripping. 'For my part, I have told him that if any removal of Ansett’s assets or Ansett payment of Air NZ’s costs comes to light,
Air NZ will naturally honour any legal obligation to make a compensating payment to Ansett'. Dr Farmer said that allegations of cash
and asset stripping at Ansett appear to be nothing more than a smear campaign. Dr Farmer said he was reluctant to dignify false
asset-striping claims with detailed denials, but would comment on the 3 most significant allegations by way of example. -
ALLEGATION: Air NZ put $A200m of its aviation fuel bills through Ansett’s accounts. FACTS: The 2 airlines bought fuel on a
competitive tender basis from oil companies at various airports, combining their purchasing power to get the best prices, but each
airline had a separate account and oil companies billed the airlines separately based on aircraft registration numbers which identified
the correct airline to be billed beyond doubt. - ALLEGATION: Air NZ grabbed Ansett jet engines and spares and flew them to NZ.
FACTS: Ansett leased a Canadian Boeing 767 which went to Air NZ’s Christchurch engineering depot to be prepared for Ansett,
since Ansett’s engineering department was overloaded. The engines needed reconditioning. Air NZ replaced them with 2 fully
reconditioned Air NZ engines to get the planes into the air, earning money for Ansett as quickly as possible. The original Canadian
engines are being refurbished at Air Canada’s expense and will be swapped for the Air NZ replacement engines shortly. 2 other Air
NZ engines are currently at the Ansett facilities in Melbourne – one is used by Ansett engineering in the recalibration of their engine
test cell, the other is held in reserve to provide support for Air NZ’s operations to Australia, or to assist any other operator needing
support. Arrangements to exchange engines and other rotable parts are usual – even among competing airlines - and were made in
this instance to gain the best possible outcomes for both Air NZ and Ansett. Normal commercial terms applied to this exchange of
services between the 2 legal entities. - ALLEGATION: Air NZ improperly cleared out Ansett bank accounts in the last few weeks
before a Voluntary Administrator was called in. FACTS: Air NZ funded Ansett losses from the time it obtained a 100% shareholding
in the company. The amounts advanced to Ansett by Air NZ fluctuated during the year as money was advanced to allow Ansett to
make loan repayments and fund losses. Some repayments were made to Air NZ after Ansett refinanced unencumbered aircraft in its
fleet. When Ansett went into voluntary administration on September 14 it still owed Air NZ more than $A80m under the funding
arrangements to cover its losses. Dr Farmer said he understood there was considerable anger about the Ansett situation in Australia
but urged an end to this smear campaign which had no factual basis.
COLES MYER LIMITED
Coles Myer has launched a major business-wide improvement program to create greater customer and shareholder value. The
internal program, “Operation RIGHT NOW”, will commence today with the restructure of the General Merchandise & Apparel Group
(GM & A). The program will be extended progressively across Food & Liquor, e.colesmyer, Logistics, Shared Services and Head
Office functions. Coles Myer CEO, John Fletcher said the restructure of the GM & A businesses follows a wide ranging operational
and retail brand positioning review which began earlier this year. “The initiative will generate annualised cost savings of at least
A$90m for GM & A by the end of FY2004,” he said. “The benefits will be delivered by optimising the supply chain, simplification of
processes, organisational restructuring and integrated merchandising. The program will reduce operating expenses, improve margins
and enhance competitiveness.” “As a result, the organisational structure of GM & A will operate with approximately 1000 fewer
positions in its head office and support areas. A redundancy program has today been initiated to transition GM & A to the new staffing
plan.” “Importantly our confidence in the future remains high with the expectation that Coles Myer new store openings in Victoria will
create approximately the same amount of jobs in stores over the next year.” Mr Fletcher said CML has made a provision of A$32.1m
after tax in the FY2001 results to cover the costs of the program in GM & A. Most of the provision covers the cost of redundancies with
the balance for technology write offs (as first foreshadowed in July). “The amount is in addition to our previously announced one-off
costs of approximately A$85m after tax. The extent of the improvement that this program will have on CML’s future earnings will be
covered when we release our FY2001 earnings on 08/10.” GM & A – Operation RIGHT NOW GM & A COO, Warren Flick, said the
GM & A businesses – Myer Grace Bros, Kmart, Target, Officeworks and Megamart will focus on: Strategic Brand Positioning: “We
have conducted extensive consumer research which has indicated the 3 key brands each have a clear market position within
customers’ minds,” Mr Flick said. “Kmart is seen as a low cost, discount department store with ranges for the entire family; Target with
very affordable, on-trend high quality merchandise and Myer Grace Bros providing a complete range of well-known brands with
knowledgeable service and value in a department store environment.” “Each brand now has a clear mandate to execute their
respective positions and GM & A will provide the leadership for disciplined implementation.” Optimised Supply Chain: “Major
opportunities for cost reduction and increased efficiencies have been identified in support operations. Duplications in supply chain
management, merchandise systems, processes and operational structures will be removed. Coordination will occur across the retail
Brands and with our suppliers to more effectively meet customer needs while reducing costs.” Simplified Processes: “IT applications
and systems across the GM & A retail Brands will be standardised to simplify business processes and leverage cross brand
opportunities. Clear structures, roles and accountabilities will be defined for staff to optimise business performance and provide
improved career paths within a culture of excellence.” Integrated Merchandising: “The review continued to indicate the substantial
potential for leveraging our merchandising performance through coordinated cross-brand merchandising disciplines.” ”The centralised
footwear and manchester pilots are showing promising initial results and the review concluded that they have a strong potential for
achieving merchandise excellence, disciplined positioning for each brand and leveraged purchasing and they will continue.” “However,
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it was also realised that many of the benefits recognised in the centralised approach could still be achieved by communication and
effective coordination across brands, while still keeping the primary responsibility for merchandising in the brands. This will be
supported by leadership and specialised functional support at the GM & A Group level.” “This alternative model is defined as
Integrated Merchandising which includes: Each brand operating an agreed and focused customer positioning. Cross-brand range
planning and performance communication. Partnerships with key suppliers across brands. Worldwide sourcing coordination for
maximum efficiency. Common supply chain and logistics planning. Organisation Restructure and Redundancies: “The review has
developed a new GM & A organisation structure for merchandising and store support functions.” “As indicated, the new structures will
operate with approximately 1000 fewer positions across the GM & A Group. This represents a reduction of about 30% of GM & A total
head office support staff with a proportionate reduction in all major brands across the Group.” Mr Flick said to underpin the
performance recovery of the GM & A retail Brands head office operations of Myer Grace Bros will continue in central Melbourne, Kmart
in Tooronga and Target in Geelong. “We are emphasising improved customer service in all our stores. These staffing reductions are
in head office and store support areas and do not involve store customer service employees.” Appropriate redundancy packages have
been provided along with outplacement support services.
THE NZ EXPERIENCE LIMITED
The NZ Experience provided the NZSE with a copy of its Annual Report for the year ended 30/06/2001.
AIR NEW ZEALAND (NS)
The Market Surveillance Panel announced that trading on the NZSE of Air NZ's shares has been halted, pending clarification from the
company regarding the Prime Minister’s statements appearing in today’s media that shareholders “Don’t sell” their Air NZ shares.
METLIFECARE LIMITED
Metlifecare advised that it officially unveiled its $1m pool and recreation complex at its Metlifecare Pinesong retirement village in
Auckland today (Tuesday 25 September 2001). Metlifecare CEO, Gavin Aleksich, said the company recognises that access to
amenities and facilities is an important part of the retirement village lifestyle.
COLONIAL FIRST STATE PROPERTY TRUST
Colonial First State Property provided a copy of its quarterly newsletter to unitholders for the quarter ended 30/06/2001. Highlights
are: a tax-paid profit of $3.5m for the 3 months to 30/06/2001; portfolio vacacy of less than 1.0%; a number of leases
extended/renewed; Millennium Centre added to Trust’s portfolio. A copy is available from NZSE on request.
AIR NEW ZEALAND LIMITED (NS)
Air NZ has been requested by the Market Surveillance Panel of the Stock Exchange to clarify reported comments made by the Prime
Minister over the past 24 hours recommending that shareholders not sell their shares in the Company. The Exchange has imposed a
trading halt on the Company’s shares pending this clarification. The Company has read the statements made by the Prime Minister,
and considers that the media has made more of them than is warranted or was intended. On examining the transcript from a TV One
interview of the Prime Minister’s comments, it appears that the Prime Minister was asked whether, when she said that people should
hold on to their shares, she was saying that the Company would not go into statutory management, or was implying that it could trade
out if it did go that way. She responded “I think that whatever path is chosen, Air NZ has a very viable future as a company” While the
Prime Minister’s views are reassuring, they do not constitute a statement as to the Company’s future structure.” The situation remains
as reported by the Company’s Acting Chairman, Dr Jim Farmer QC late last night. That statement advised that talks between the
Company, its major shareholders and representatives of the Government on steps to recapitalise Air NZ were continuing to make
satisfactory progress and that the Directors of Air NZ remain hopeful that a successful outcome will be achieved soon. That remains
the position. The Company has also been asked to comment on alleged calls from the Prime Minister’s office to major sharebroking
houses to determine market reaction to alternative structures under which the Government might contribute capital to the Company or
underwrite a rights issue. The Company has no knowledge of any such calls, and it and the Market Surveillance Panel have been
assured by the Prime Minister’s office that it made no such calls. The Company believes that statements by its Acting Chairman have
kept the market adequately and properly informed of the correct status of the recapitalisation talks.
SUN RESOURCES NO LIABILITY
Sun Resources advised that Kingfisher #1 in the San Joaquin Basin, California, at 1800 hours 25/09/2001 California time (early hours
this morning Australian time) was at final depth of 4,112m. Current operations are conducting a wiper trip to condition the hole for
logging which will commence later today.
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED
The net asset backing of Australian Foundation Investment Company shares as at 21/09/2001 was A$2.84 per share. The company is
a long term investor and does not intend disposing of its total long term Investment Portfolio. If estimated tax on gains arising from
such disposal were to be deducted, the above figure would be $2.59 per share.
                                                                                                                                 Page 1569
                                                                                                                                  6/04/2012
AIR NEW ZEALAND LIMITED (NS)
The Market Surveillance Panel announces the lifting of the trading halt imposed earlier today by the NZSE on Air NZ Limited’s shares,
as a result of the receipt of clarification from the company regarding the Prime Minister’s statements appearing in today’s media. The
NZSE imposed a trading halt earlier today on Air NZ’s shares because of the uncertainty created by reported comments by the Prime
Minister today advising shareholders not to sell. On closer examination of the Prime Minister’s remarks it appears, as Air NZ has
reported, that these did not constitute a statement as to Air NZ’s future structure, and that the situation remains as reported by Air NZ’s
Acting Chairman last evening. The Panel considers that although the situation relating to Air NZ is still evolving, it is nonetheless
important to respect the ability of shareholders to sell and investors to purchase its shares, and therefore concluded that trading could
resume.
AMITY OIL LIMITED
Amity Oil advised the following on the Gocerler Gas Production Facility: Construction of the gas treatment plant and customer branch
pipelines is on schedule. Key plant components arrived from the USA last week and the plant is expect to be completed ready for
pressure testing to commence by next week. Testing, pipeline purging and commissioning is scheduled to take around 10 days. Short
branch pipelines to connect the trunk line to customer property are under construction and the first line is anticipated to be connected
next week. Delivery of customer gas-metering equipment is expected in the first week of October and should be installed within a
week. Details of the project and pictures of the pipeline and plant construction are available on Amity's website at
www.amityoil.com.au. Drilling: A Thrace Joint Venture (50% Amity, 50% TPAO) meeting in early September confirmed approval for
the drilling of 3 wells, back to back. The first well will be a Gocerler field development well, followed by a new well (Beyaskoy-1)
adjacent to Delen-1, then a further Gocerler development well. The drilling and services contractors have been selected and the first
well is planned to start in the second half of October. Seismic Surveys: The Joint Venture approved a 3D seismic survey to include
the Gocerler-Beyazkoy (Delen) area and a 2D seismic survey to refine several structural leads on the Gocerler structural trend. These
surveys will start as soon as practicable. Turkey, The Gas Market and Security: The terrorist attack in the USA on 11/09 has resulted
in increased concerns by many people about personal security and the security of their investments, particularly where those
investments are in projects in relatively unfamiliar countries like the Republic of Turkey. The Board of Directors of Amity is confident
that Amity's investment in Turkey is relatively low risk and that it represents outstanding value and growth potential in both the short
and long term. Turkey is a modern democratic, secular republic, with a young population of some 70m. In its strategic position
between Europe, Asia and the Middle East, it is a vital island of stability, with strong relationships with the USA and Europe. Australia
enjoys particularly good relations with Turkey, due to a mutual respect formed on the battlefields of Gallipoli and continued to the
present day. Turkey presently imports 98% of its natural gas, mostly from Russia's Siberia, through a long pipeline passing through
many countries. The gas is purchased with US dollars and distributed in Turkey by a government agency. Prices are high and are set
by the agency at least monthly to take account of currency changes and other factors. At present, there is insufficient gas to meet
demand. There is a major gas market opportunity for Amity in Turkey. Clearly, locally produced gas has security of supply advantages
for customers and balance of payments advantages for the Turkish economy. The Turkish authorities are keen to encourage local
production and are very happy with Amity's discovery and the rapidity of its development programme. The Turkish economy has
suffered through a major currency and debt crisis in 2001. The Government has responded with major structural reform which, while
causing short term pain, is necessary for longer term improvement. None of this impacts negatively on Amity. On the contrary, the
changes make local gas more attractive by reducing imports. Over the past 14 months Amity has developed an excellent working
relationship with Joint Venture participant, Turkiye Petrolleri Anonim Ortakligi (TPAO). TPAO is 100% owned by the Turkish
Government and is by far the largest petroleum producer in Turkey. It has in-house seismic, drilling, completion and production groups
and has substantial foreign production and exploration interests. Amity's straight forward approach, its fast pace of work, introduction
of new technology and gas discovery have generated much goodwill in Turkey. Amity's Board and staff are enthusiastic about Turkey
and believe that its investment there will generate excellent returns without undue sovereign risk.
THE GRIBBLES GROUP LIMITED
Gribbles Group advised that Christopher Cooper, Director, has an indirect interest in Texwood Pty which holds 17,111,111 shares in
Medical Care Services and a beneficial interest in a trust, under which the Trustee, MRC Services Pty holds 255,556 shares in MCS.
TENZ - NZSE 10 INDEX FUND (NS)
The TeNZ Index Fund announced a $0.00045666 dividend in relation to The Warehouse Group Final dividend. Record Date:
16/11/2001. Payable Date: 20/03/2002.
AMP INVESTMENTS' WORLD INDEX FUND (NS)
The unaudited NTA of WiNZ (AMP Investments World Index Fund) as at cob 26/09/2001 was $1.63116. The number of shares on
issue is 416,832,234.
SKY NETWORK TELEVISION LIMITED
Sky Television advised of the issue of 80,000 options pursuant to the employee share option scheme on 29/09/2001. This comprises
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2.76% of the total options on issue which was 2,898,000.
GOODMAN FIELDER LIMITED
Goodman Fielder announced plans to centralise food manufacturing at key sites in Victoria and NSW as part of its strategic action plan
to work assets harder and reduce overhead costs. Goodman Fielder CEO, David Hearn, said the company had decided to centralise
cereals and snacks manufacturing, and cake and soup mixing at Wahgunyah in northern Victoria following a further review of its
manufacturing capacity. “This project will result in approximately $20mof investment to make Wahgunyah a world class food
manufacturing site over the next 18 months,” Mr Hearn said. “The decision follows significant work practice changes negotiated with
the unions and workers on the site to secure long term investment, jobs and economic benefits for the region on both sides of the
Murray.” Mr Hearn said the company had also decided to centralise commercial mixing for its industrial and major retail customers at
its Kingsgrove site in south west Sydney as the second part of this manufacturing consolidation project. “This will result in a $15m
investment to expand capacity at the site over the next 12 months,” Mr Hearn said. “This will make Kingsgrove our dedicated
commercial mixing site in New South Wales.” Mr Hearn said that centralising food manufacturing at Wahgunyah will allow Goodman
Fielder to phase out production of retail mixing and bakery manufacturing at our Smithfield site in Western Sydney over the next 18
months. “Continued operation at Smithfield could not be commercially justified following the sale of non-core businesses, including
Vetta pasta and our water ice business, and the end of production of these businesses at the site,” he said. “However, we will offer all
employees the opportunity to transfer to other locations in Sydney, including Kingsgrove, or to relocate to Wahgunyah,” he said. “We
will offer full redundancy packages, including out-placement assistance, for any employee that does not wish to relocate or transfer.”
LAKES OIL NO LIABILITY
Lakes Oil has been advised by Victoria Petroleum, as Operator for the Kingfisher Prospect Exploration Project, that the Kingfisher No.
1 well is at 4,112m, and drilling ahead in the Morris Formation.
BENDON GROUP LIMITED
Chairmans address to the AGM: It is my pleasure to present to you my annual address. In the annual report which was sent to every
shareholder I present a Chairman’s Review for shareholders. Today I wish to cover some of the main points for you. I should note that
we have received a formal list of questions from the NZ Shareholders’ Association which I will respond to in general terms within my
address as well as giving responses which will be posted on the Association's website. The past year has been one of transition for
Bendon as we implemented our plan to move from being an industrial conglomerate to a single business intimate apparel company.
Bendon now has a single focus on designing, marketing and distributing intimate apparel. The finalisation of the sale of NZ China
Clays, the rationalisation of the corporate structure and progress towards a UK business have all been successfully undertaken this
year. I will report on all of these below. Before doing so, in order to dispel any rumours, I wish to restate the opening remark I made to
you at last year’s Annual Meeting. Bendon remains a NZ company with its marketing, design and logistics headquartered here in NZ.
FINANCIAL PERFORMANCE: Revenue for the group this year were $84.151m, down from $94.096m in year 2000, mainly due to the
sale of NZ China Clays on 30 June after only 3 months of trading. Bendon , the apparel trading company, contributed revenues of
$78.086m (year 2000, $77.859m) and earnings of $5.336m, down from $6.213m in year 2000. The reduced earnings can largely be
attributed to the downturn in the Australian market which I will speak to in a minute. The Director are of the view that Bendon showed
very good resilience in exceedingly difficult market conditions to post this EBIT result. The EBIT to sales ratio is 6.8% which compares
favourably with benchmark data for international apparel companies. The NZ China Clays sale became effective on 01/07/2000. For
the 3 months to 30/06, NZ China Clays reported revenues of $4.490m and EBIT of $1.682m from its trading operations. Profits from
the sale of China Clays and corporate activities are shown in accounts as non-recurring items of 28.133m. Costs associated with the
development of the UK business which I will speak to later, were $1.222m. Interest costs were $13 thousand giving a pre tax total of
$32.234m. After tax expense of $8.974m Bendon reported tax paid earnings of $23.260m. The downturn in the Australian consumer
market and the difficult trading conditions experienced by retailers has been well documented by business commentators. Your
Directors drew your attention to this in their announcement of 28 February and in the year-end preliminary announcement of
30/05/2001. NZ trading conditions were also difficult and the withdrawal of the retail chain “Deka” from the marketplace illustrates how
competitive our home marketplace is. Despite close attention to implementation of Bendon’s forex policy, the general weakness ion the
NZ$ continues to have an impact on the business similar to other importers. Notwithstanding the downturns, Bendon has been able to
maintain and in some cases grow its market share in targeted segments, albeit in an era of smaller overall market revenues, to
approximately 50% in NZ and 25% in Australia. In NZ, sales benefited from twelve months trading from the Bennett and Bain stores
and the relaunch of the Fayreform brand in the local market. The Directors are of the view that further market share in both Australia
and NZ will be costly and difficult to secure with existing brands and are looking to the UK for further growth. I will expand on this later.
 At a time of relatively flat retailing conditions, Bendon has continued to hold costs and ensure the competitive position obtained from
offshore sourcing is maintained. I wish to assure you that tight control of costs has not been allowed to detract from the innovative style
and fashionability which is associated with Bendon brands. Our retail store in 8 locations, Remuera, Botany Downs, Takapuna, St
Lukes, Manakau, Hamilton, Wellington and Christchurch have enjoyed a successful trading period. Bendon brands are stocked along
with complimentary brands. Bright, light, comfortable areas with a discreet atmosphere make these shops an attractive environment for
women to shop at their leisure. BRANDS: Brendon has 6 of the most successful brands in the Australasian marketplace: Elle
Macpherson Intimates, Bendon, Hickory, Hey sister, Fayreform and Macpherson Men. Thee brands provide,a range of lingerie and
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underwear for women and men from every day causal lifestyle pieces through to sophisticated styling for occasion dressing. The
Company does not capitalise internally generated brands values. A modest $1.2m as an asset on the balance sheet on the balance
sheet in relation to goodwill and brands relates to external expenses incurred in purchasing the Hickory and Fayreform brands and a
retail distribution network in Australia. They are being amortised over 15 years. The balance sheet does not reflect the significant value
attaching to our other brands. You will no doubt have read of the recent purchase by Bendon of the Expozay brand. This acquisition
will allow us to increase our penetration of he Australasian market place. UK Launch: The directors are pleased to report that the
launch in London earlier this moth of our Elle Macpherson Intimates range was well received. This was the result of considerable effort
by the Hugo and his team. I have asked Hugo to address you later. Given our significant market share in NZ and Australia, entry into
the UK market is an important step for Bendon. It will provide the market diversification we need, and presents the opportunity for
further growth into other European markets. However, despite the UK market being many times the size of our domestic markets, it is
very competitive and we are forecasting that it will only begin to make contributions to profit in year 2003. There is a cost to entering
a new market, especially one so remote from NZ and, while the Bendon management team has strived at all times to contain costs,
one-off costs of $1.222m were expensed in the accounts for 31/03/2001 as a non-recurring item. These costs were incurred in the
initial market research, establishing strategic alliances, developing product and presenting these to potential buyers. There will be
one-off non-recurring cost of $2.8m this financial year. Sale of NZ China Clays: After approval from shareholders the business of NZ
China Clays was sold effective 01/07/2000. Trading for the 3 months to 30/06 produced an EBIT result of $1.682m and the net profit
on the sale of the business was $28.351m. Capital and Balance Sheet: After the sale of NZ China Clays the company cancelled 1 in
every 4 shares resulting in 10,275,644 shares being cancelled and $16.338m was paid to shareholders. This was the most effective
was to return the first part of the proceeds from the sale of NZ and China Clays. During the year 718,000 options to acquire shares in
the Company were exercised, resulting in the issued capital being 30,886,165 shares as at 31/03/2001. During the year price has
moved from $1.35 at 01/04/2000 to a peak of about $2.05 an increase of 52%. Shareholders have benefited form this increase in
value and the return of capital as outlined above provides a further benefit to shareholders. Clearly the market recognises the value
we are adding to Bendon through the single focus of the company and the rationalisation process. Currently the shares are trading at
$1.75 which reflects the general downturn in world equity markets. There has been some comment in the press about the exercising
of options by Directors. I wish to speak on this. My fellow Directors and myself do not subscribe to the opinion that to do their job
properly, Directors should have large sums of money invested in the Company. Your Directors are no different to you as shareholder
investors, investing their savings in different areas considering their individual circumstances. Under certain conditions, the holding of
shares in a company of which you are a Director becomes so restrictive that the investment effectively becomes “locked in” and the
Director cannot access his/her investment. In the current situation, directors were granted options by shareholders in 1998 to cover a
specific issue. In exercising their options, Directors were acting no differently to any other investor in the company. Shareholders can
be assured that with, or without, an equity involvement in the Company, your Directors will continue to professionally and prudently
manage the affairs of the Company for you. DIRECTORS: Again, your Directors have worked particularly hard during the year as they
grappled with some difficult issues. At all times the Board has worked closely with management addressing strategic issues. A small
Board does mean that at times, individual Directors carry considerable workloads as can be seen from the schedule of meetings
attended. My thanks to the Directors for their contributions to the many meetings attended last year. RESTRUCTURING OF BENDON
GROUP: At our special meeting on 01/06 last year I indicated that we would be endeavouring to return surplus capital to shareholders
in the most effective way possible. I also noted that this process was likely to take between 18 and 24 months to complete. A
considerable amount of work has been done on this exercise. Based on advice from our advisors we anticipate calling a special
meeting of shareholders in December or early next year to endorse a Court approved plan which will see the winding up of Bendon
Group , the listing of Bendon as the public company and a distribution of cash and shares to shareholders. It is expected that the
distribution of the cash will take place early in year 2002. The quantum of cash to be distributed will be in the region of $15 - $20m
subject to the requirements of the ongoing business. DIVIDENDS: While the Group has significant cash reserves it does not have
large amounts of imputation credits available to pay all the retained earnings out as tax efficient dividends. However by the judicious
use of the available imputation credits we have paid 3 dividends relating to the 2001 year results; 4.0 cents fully imputed special
dividend 30/08/2000 5.0 cents fully imputed interim dividend 20/12/2000 4.0 cents fully imputed final dividend 11/07/2001 STAFF:
Our people are the key to our business. All of our staff have worked exceedingly hard during the year, especially those associated
with the U.K launch who have had to spend time in London. Periods of intense change are difficult for everyone and it is to their credit
that our staff have coped well and produced results that they can be proud of. The board records its thanks for the dedication,
enthusiasm and effort to the whole team. I am pleased to note that many of the Bendon senior management are here today and I
have asked them to make themselves known to shareholders over refreshments later. OUTLOOK: In the Chairman’s Review
presented in the Annual report, I wrote under the heading “Outlook”,… “While any continuation of difficult market conditions will impact
adversely, the business is poised to take the utmost advantage of any rebound in the markets”. Unfortunately, trading in the first 4
months of this financial year ie April – July has been impacted by a continuation of the difficult market conditions in Australia. Trading
for the months of August and September has seen a small upturn. As a consequence of this trading pattern the earnings before
interest, non-recurring items and taxation for the 6 months to 30/09 will be around the break even mark (year 2000, $1.633m). When I
first drafted this statement the board and management were confident that, based on future orders and an expectation of an
improvement in trading conditions, a full year result similar to that of last year would be achieved for the 31/03/2002 trading year (ie: an
EVBIT of about $5.3m before one-off UK costs). However the recent tragic events in the USA and the impact on the world economy,
together with the anti-NZ backlash in Australia does create an uncertain environment to forecast results. The board considered this
matter at some length at their meeting this morning but to be honest felt that the situation was so fluid that they could not make a
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definite statement as to the future outlook. At best, a result similar to last year will be achieved, with the most probable result being
lower than last year. The company has the products, the people and the markets to succeed. However the current uncertainty in the
world economic situation could impact on the Bendon business. I will now ask Hugo Venter to brief you on our UK project. UK
PROJECT: Mr Venter addressed the meeting commenting as per the headings below. UK Structure: - Bendon UK, 100% subsidiary
of Bendon Group, - Outsourced logistics and finance administration services, - Staffing of 4 people headed by the ex Calvin Klein UK
sales manager. Trading Environment: - Brand available in 48 retail shops throughout the UK. - Launched mid September supported
by an extensive media and PR campaign. - Results so far are in line with our expectations. Bendon management is cautiously
optimistic that our three-year strategy is achievable. Outlook: - Expand the number of available retail stores we currently trade in the
UK to + 60 by this time next year. - Operate in selected stores by 01/2003. - We have adopted a conservative approach to launch
cost and will write it off in the year it occurs. To date we have spent $1.2m and we expect to spend a further $1.6m. Conclusion:
The UK and Europe are highly competitive markets and management will continue to be cautions in assessing opportunities and
related cost. We believe this strategy will reduce the vulnerability of Bendon long term.

                                                 THURSDAY, 27 SEPTEMBER 2001

THE BANKERS INVESTMENT TRUST PLC
The NTA of The Bankers Investment Trust as at cob 25/09/2001 was 276.0p
THE CITY OF LONDON INVESTMENT TRUST PLC
The NTA of The City of London Investment Trust as at cob 25/09/2001 was 215.3p
HENDERSON FAR EAST INCOME TRUST PLC
The NTA of Henderson Far East Income Trust plc as at cob 25/09/2001 was 118.6p
HENDERSON TR PACIFIC INVESTMENT TRUST PLC
The NTA of Henderson TR Pacific Investment Trust plc as at cob 25/09/2001 was 59.9p
MERRILL LYNCH EUROPEAN INVESTMENT TRUST PLC
The unaudited NTA of Merrill Lynch European Investment Trust as at cob 25/09/2001 was 159.50p undiluted, and 152.03p diluted.
MERRILL LYNCH EUROPEAN INVESTMENT TRUST PLC
Merrill Lynch European Investment Trust advised that 100,000 ordinary shares were bought back and cancelled on 25/09/2001. Price
paid per share: 127.75p. Number of ordinary shares on issue is now 296,056,884. Number of warrants on issue is 42,515,783.
EBET LIMITED
Ebet MD Keith Cullen has increased his holding in Ebet through the purchase of 61,771 ordinary shares, on market, between
17/09/2001 – 25/09/2001. Mr Cullen now has an interest in the following securities of the company or related bodies corporate: Mr
Cullen and related entities in which he has a beneficial interest, now hold 1,341,771 ordinary shares and 5.5m options to acquire
ordinary shares in Ebet.
AIR NEW ZEALAND LIMITED (NS)
The Securities Commission today announced an enquiry under Section 10 of the Securities Act into the circumstances surrounding the
trading, suspension of trading and reinstatement of trading in Air NZ shares over the past 2 days (25 – 26 September 2001). This
enquiry will cover the effects on the market of various announcements and disclosures concerning Air NZ and the role of market
participants and others in the period leading up to the resumption of trading on 25/09/2001.
EVERGREEN FORESTS LIMITED
Evergreen Forests advised the on-market buyback on 26/09/2001 of 6,000 ordinary shares (being 0.0043% of the ordinary shares) at
$0.49 which have been purchased for cash as part of its acquisition programme authorised by the board of directors on 22/08/2001.
The shares will be held by the company as Treasury Stock. The total number of ordinary shares on issue is 140,734,732 of which
189,000 are held as Treasury Stock.
WESTPAC BANKING CORPORATION
Westpac Banking Corporation advised the allotment of 122,594 new fully paid ordinary shares following exercise of options pursuant to
the Rules of the Westpac Senior Officers’ Share Purchase Scheme and/or General Management Share Option Plan. Quoted capital
now becomes: 1,750,040,026.
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BAYCORP HOLDINGS LIMITED
Baycorp Holdings have declared a dividend of 13.5 cps. Record Date: 12/10/2001. Payable Date: 18/10/2001.
PORTS OF AUCKLAND LIMITED (NS)
Ports of Auckland advised that it has been unable to prevent a 48-hour stoppage by members of the NZ Waterfront Workers’ Union,
which is due to start tomorrow. The WWU advised its members will stop work from 6.30 am on 27/09/2001 until 6.30 am on
29/09/2001. Ports of Auckland has 540 employees. Approximately 225 of these are members of the WWU. The company’s non-WWU
staff will continue to work. The strike will affect 7 vessels due in Auckland over the next 2 days. One vessel has been diverted to
another port and will not call at Auckland. Ships will continue to work at the port’s General Wharves, which are worked mostly by
independent steverdoring companies. Ports of Auckland CEO, Geoff Vazey, said the strike had come at a time of major international
business and economic uncertainty. “Auckland is NZ’s busiest container port. The stoppage will cause significant damage to the NZ
economy, as well as further damage to NZ’s reputation as a country with a sensible and stable industrial and business environment.
“We estimate that approximately 3000 import and export containers will be held up, containing goods worth about $150m.” Mr Vazey
said the company was frustrated and disappointed that the strike could not be averted. “We have negotiated in good faith since the
union tabled its claims in February. The negotiations have been protracted and difficult, with the union changing its position at almost
every stage. We had an agreement in July, but the union officials then took the most unusual step of not recommending it to their
members. The union also put the agreement to vote by a show of hands, instead of holding a secret ballot. It is my belief that the
agreement would have been accepted if there had been a secret ballot. “In spite of these frustrations, the company has continued to
negotiate. We have put an extremely generous offer on the table and we have conceded on a wide range of issues in order to achieve
a settlement. “The union demands are unreasonable and would lead to the reintroduction of archaic and restrictive work practices.”
Mr Vazey said that there were now 2 key issues at stake in the negotiations. The first was transferability of staff. “The company
currently has the ability to transfer any worker to work on any wharf in the port. The union wants to ring-fence each wharf so that only
people employed on that particular wharf can work there. “With the increasing peaks and troughs in the business as ship exchanges
get bigger, that means we would be paying people literally to sit idle on one wharf while we pay other workers for additional hours.” Mr
Vazey said the second issue was that a small number of staff at one container wharf, Axis Bledisloe, were seeking the right to work up
to 8 shifts per week – a total of 64 hours each - before staff could be brought in from other parts of the port. Mr Vazey expressed his
regrets to the port’s shipping line customers and to port users. “We are very sorry for the disruption that will be caused. We have been
in regular contact with our customers, however, and they have endorsed our view that giving way to these demarcation demands will
cause a flow-on effect in other NZ ports. They have expressed strong support for our position.”
AUSTRALIAN 20 LEADERS INDEX FUND (NS)
The NTA of The Australian 20 Leaders Index Fund as at cob 26/09/2001 was $2.1461. The number of shares on issue is 60,287,666.
GUINNESS PEAT GROUP PLC
Guinness Peat Group provided a printed copy of their interim report for the year ended 30/06/2001.
AMP INVESTMENTS' WORLD INDEX FUND (NS)
The WiNZ fund has declared the intention to pay a dividend for income received from 01/04/2001 to 30/09/2001. The WiNZ fund
intends to inform the NZSE, prior to distribution, the amount payable. Record Date: 30/09/2001. Payable Date: 26/10/2001.
COMPUTERSHARE LIMITED
Computershare provided a printed copy of their annual report for the year ending 30/06/2001.
PACIFIC RETAIL GROUP LIMITED
The Board of Pacific Retail Group (PRG) announces that it has today appointed Ronald MacGregor (Jock) Irvine, a former director of
the company, as an additional director. In addition, a committee of the Board comprising Richard Reilly and Mr Irvine has been formed
in order to deal with the Board’s obligations in relation to the takeover offer announced by Logan Corporation on 24/09/2001. The
committee’s obligations will include handling communications on behalf of the Board with shareholders, the NZSE and the Takeovers
Panel in relation to the takeover offer.
RIO TINTO LIMITED
Rio Tinto announce that Paul Skinner has been appointed a non-executive director of the boards of Rio Tinto plc and Rio Tinto with
effect fron 01/12/2001. Mr Skinner is a MD of The "Shell" Transport and Trading Company plc and a Group MD of The Royal
Dutch/Shell Group of Companies.
THE WAREHOUSE GROUP LIMITED
The Warehouse Group advised that it issued 16,614 ordinary fully paid shares on 27/09/2001 following the exercise of 30,000 options
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in accordance with the Outperform the Market The Warehouse Share Plan. The issue price was NZ$5.86 per share. The total number
of ordinary shares in existence after the issue is 304,431,760.
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED
Australian Foundation Investment Company advised of the issue of 115,673 fully paid ordinary shares. The shares were issued on the
conversion of 95,600 9% unsecured convertible notes to 115,673 fully paid ordinary shares. Issue price: A$2.25. Number of fully paid
shares is now: 740,930,871.
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED
Australian Foundation Investment Company advised that 50,000 shares were bought back on 26/09/2001, for a total consideration of
A$133,500.00. Remaining number of shares to be brought back: 33,893,484.
SUN RESOURCES NO LIABILITY
Sun Resources advised that Kingfisher #1 in the San Joaquin Basin, California, at 1800 hours 26/09/2001 California time (early am
Australian time) was at final depth of 4,112m. Current operations are conducting logging operations.
LION NATHAN LIMITED
Lion Nathan and Banksia Wines today announced that Lion Nathan or its nominee intends to make a recommended cash offer for all
of the shares in Banksia Wines.           Under the terms of the offer, Banksia Wines shareholders will receive A$1.152 per share,
comprising: - A$1.12 in cash for each share from Lion Nathan; and - a fully franked final dividend of A3.2cps from Banksia Wines.
 Banksia Wines shareholders will also receive franking credits of A1.4cps attached to the final dividend. The dividend will be paid on
31/10/2001 as previously announced. In light of the offer, the DRP recently announced by Banksia Wines has been suspended. Lion
Nathan or its nominee will separately offer to acquire all of the options over shares in Banksia Wines for 27 cents per option. The
Directors of Banksia Wines have evaluated Lion Nathan's offer and have announced today that they will unanimously recommend the
offer. All of the Directors of Banksia Wines intend accepting Lion Nathan's offer in respect of their personal shareholdings. The
aggregate value of the consideration of A$1.152 per shares provides a substantial premium to Banksia Wines shareholders and
represents: - a 35.5% premium to the closing price of A$0.85 per share on 25/09, 2 days prior to the announcement of the offer; - a
51.6% premium to the 3 month volume weighted average share price of $0.76 per share as at 25/09/2001; and - a 35.5% premium to
the $0.85 per share float price when Banksia Wines was listed in 12/2000. Lion Nathan has acquired 14.9% of the shares in Banksia
Wines from the chairman of Banksia Wines, John Lamb, and executive director, Robert McLean, for the same consideration as will be
made available to all Banksia Wines shareholders under the offer. Mr Lamb and Mr McLean have entered into pre-bid acceptance
agreements to accept Lion Nathan's offer in respect of a further 5% of the shares in Banksia Wines separately controlled by them.
Lion Nathan has also acquired from Mr Lamb 3.15m options in Banksia Wines at a price of 27 cents per option. Mr Gordon Cairns,
CEO of Lion Nathan, said ‘The offer represents an excellent outcome for all shareholders.’ ‘It values Banksia Wines shares at a
significant premium to all previous trading price benchmarks. The Banksia Wines Board, in recommending Lion Nathan's offer,
recognises that the price is attractive.’ ‘As a significant player in the Australasian liquor business, Lion Nathan with its strong balance
sheet, competitive cost position and robust cash flows is ideally positioned to build a value creating premium wine business. Banksia
Wines, with its well-respected brand portfolio, highly regarded winemakers and experienced management team, represents an
important first step in gaining exposure to the Australian wine sector.’ ‘Lion Nathan, which has been ranked in the top ten companies
to work for in Australia, recognises the enormous contribution that Banksia Wines's people have made to the business and the key role
this team will play in the ongoing success of both Banksia Wines and Lion Nathan's broader wine strategy.’ ‘Mr John Lamb, Chairman
of Banksia Wines, said 'Lion Nathan's offer recognises the value of our brands and market position.’ ‘The association with Lion Nathan
also provides Banksia Wines with the ability and resources to grow its portfolio of premium brands in a market which is consolidating
and where scale will increasingly prove to be a significant advantage in both production and distribution.’ ‘The Board is confident that
this offer is in the best interest of all our shareholders, employees, customers and suppliers. The Board recommends that all
shareholders accept the offer as soon as possible.’ Banksia Wines’s Board has agreed to an accelerated offer timetable and Lion
Nathan's bidder’s statement and Banksia Wines's target statement in response will be dispatched as soon as practical. Banksia Wines
has entered into a letter of agreement with Lion Nathan under which it has agreed not to solicit any alternative takeover or similar
transaction. Lion Nathan’s offers will be subject to the following conditions: - a 50.1% minimum acceptance condition; - required
approval under the Foreign Acquisitions and Takeovers Act; - no material adverse change in relation to Banksia Wines; and -
standard prescribed occurrences. Banksia Wines was formed in July last year following the merger of 2 of South Australia’s leading
premium wineries, St Hallett in the Barossa Valley and Tatachilla at McLaren Vale, south of Adelaide. The merged entity - which
boasts such established and widely recognised brands as Old Block Shiraz, Poacher's Blend, Foundation Shiraz and McLaren Vale
Cabernet Sauvignon - listed on the ASX on 15/12 last year. Banksia Wines has since added Hillstowe Wines, a premium Adelaide
Hills producer to its portfolio of regional icon brands. Lion Nathan is being advised by Caliburn Partnership as financial adviser and
Mallesons Stephen Jaques as legal adviser. Banksia Wines is being advised by Johnson Winter & Slattery as legal adviser.
MICHAEL HILL INTERNATIONAL LIMITED
Michael Hill International advised that it intends to purchase the following equity securities in Michael Hill International, which shall be
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held as "Treasury Stock". Class of equities – ordinary shares; Maximum number of ordinary shares to be purchased – 100,000
shares; Purchase period – 3 days after date of this notice until 27/09/2002.
RMG LIMITED
RMG advised that in a statement issued to the ASX and NZSE on 25/09/2001 regarding a A$5.0m capital raising, RMG announced
that its Chairman, Tony Hodgson and non-executive director, Robin Clements had participated in the capital raising taking 1.0m shares
and 350,000 shares respectively. The participation in the placement is subject to shareholder approval which will be sought at the
AGM in November 2001.
SKY NETWORK TELEVISION LIMITED
Sky Network Television provided a copy of the Investment Statement and Prospectus Offer of Capital Notes, 7/9/2001.
SKY CITY LIMITED (NS)
Sky City advised that on 27/9/2001 it issued 56,000 new ordinary shares to executives of the company pursuant to the exercise of
options issued under the Sky City Executive Share Option Plan which was approved by shareholders at the company’s AGM in
10/1999. The exercise price of the relevant options under the Plan (and the issue price of the new shares) was $7.71. The shares
were issued fully paid and payment for the shares was in cash. The total number of Sky City ordinary shares now on issue is
100,847,613.
THE NEWS CORPORATION LIMITED
The News Corporation announced the following allotment of securities for the period 20/9/2001 to 21/9/2001. 47,800 Preferred voting
shares. Issue Price: A$4.79 – 37,000 shares, A$5.17 – 5,600 shares and A$10.46 – 5,200 shares. Authority for Issue: In
accordance with plan rules approved by Special Resolution of Shareholders. The number of shares on issue in this class is now:
2,938,267,301.
TENZ - NZSE 10 INDEX FUND (NS)
As at cob on 26/09/2001, 680,878 units have been alloted since 19/12/2001. The total number of units on issue is 103,237,213 held by
5,534 unitholders. The asset backing for each TeNZ unit at the cob on 26/09/2001 was $0.81510. The value of the NZSE10 Capital
Index at the close was 815.07.
AUCKLAND INTERNATIONAL AIRPORT LIMITED
Auckland International Airport announced the following: Passenger numbers through Auckland International Airport since the US
terrorist attacks have continued at levels ahead of the previous year. MD, John Goulter, said today that while the company remained
very concerned about the impact of the attacks on international air travel, early indications are that people are getting on with their
business and fulfilling their travel commitments. “We are in constant contact with a number of the major players and it is pleasing to
hear that NZ is rated a comparatively safe destination and we hope that perception never, ever changes,” Mr Goulter said. He said the
difficulties being experienced by Air NZ have resulted in huge gestures of support for them from within the airport community and a
steeling of resolve for everyone concerned to help them pull through. “That support is simply a result of how well Air NZ is thought of
and the dignity and professionalism with which their staff have got on with the job under severe duress. “Air NZ remains the lynchpin
of the inbound tourism industry in NZ. Many companies nationwide have linked their business success and investment strategy to the
success of Air NZ,” Mr Goulter said. “NZ is a small country but we have gained a disproportionate, highly respected international
reputation - Air NZ as our flagship has played a big part in this. We should not overlook how long this reputation has taken to achieve
and a vibrant and secure Air NZ is critical to maintaining this,” Mr Goulter said. He said that the Prime Minister and Minister of
Finance need to be complemented for their efforts to keep Air NZ flying, “ It has been a period of negation involving unbelievable
frustration for all concerned”.
SKY CITY LIMITED (NS)
Sky City advised it is changing its name to Sky City Entertainment Group Limited. This change of name has been approved by the
Registrar of Companies and is effective from today’s date, 27/09/2001. Sky City Entertainment Group wishes to retain its SKC listing
code. Sky City Entertainment Group’s annual report will be mailed to shareholders tomorrow. The AGM of the company will be held in
Auckland on Tuesday, 30/10/2001, commencing at 3:30pm.
AMP INVESTMENTS' WORLD INDEX FUND (NS)
The unaudited NTA of WiNZ (AMP Investments World Index Fund) as at cob 27/09/2001 was $1.64862. The number of shares on
issue is 416,167,382.

                                                   FRIDAY, 28 SEPTEMBER 2001
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EVERGREEN FORESTS LIMITED
Evergreen Forests advised the on-market buyback on 27/09/2001 of 30,000 ordinary shares (being 0.0249%) of the ordinary shares)
at $0.4814 which have been purchased for cash as part of its acquisition programme authorised by the board of directors on
22/08/2001. The shares will be held by the company as Treasury Stock. The total number of ordinary shares on issue is 140,734,732
of which 224,000 are held as Treasury Stock.
BRIERLEY INVESTMENTS LIMITED
Brierley Investments provided a Notice of Changes in Substantial Shareholder's Deemed Interests from Temasek Holdings (Private) as
at 27/09/2001. No. of shares held before change: 103,942,848. No. of shares held after change: 104,542,848. Percentage of issued
share capital after change: 7.64%.
THE BANKERS INVESTMENT TRUST PLC
The NTA of The Bankers Investment Trust as at cob 26/09/2001 was 276.9p
THE CITY OF LONDON INVESTMENT TRUST PLC
The NTA of The City of London Investment Trust as at cob 26/09/2001 was 216.2p
HENDERSON FAR EAST INCOME TRUST PLC
The NTA of Henderson Far East Income Trust plc as at cob 26/09/2001 was 119.0p
WESTPACTRUST INVESTMENTS LIMITED
WestpacTrust Investments advised that Ross Aitken has resigned as a director. There has been no new director appointed as yet.
HENDERSON TR PACIFIC INVESTMENT TRUST PLC
The NTA of Henderson TR Pacific Investment Trust plc as at cob 26/09/2001 was 59.8p.
MERRILL LYNCH EUROPEAN INVESTMENT TRUST PLC
The unaudited NTA of Merrill Lynch European Investment Trust as at cob 26/09/2001 was 161.21p undiluted, and 153.53p diluted.
BRIERLEY INVESTMENTS LIMITED
Brierley Investments (BIL). Today announced its final results for the year ended 30/06/2001. KEY POINTS: Results were dominated
by a US$168.2m non-cash charge to the Profit & Loss Account representing BIL’s equity accounted share of the NZ$1.32b charge
taken by Air NZ on its write down of Ansett. Consequently our carrying value has been reduced to NZ$156.5m. Significant further
progress has been made across the Company’s portfolio with the disposal of James Hardie and non-core assets generating cash of
US$475.4m and profits of US$148.1m: - Sale of 28.7% stake in James Hardie generated proceeds of A$567m and a profit of A$234m
for our shareholders. - Completion of our rationalisation of under performing and non-core assets with Sealord, VOX, PBOC, Tas Ag,
Cedenco and Findel all sold or closed. BIL’s investment in F & N performed well during the year, with its growing stake showing good
returns. Greg Terry, CEO of BIL commented: “As the year closed we anticipated that 2 years of hard work in restructuring our balance
sheet had been successfully completed resulting in a profitable year for BIL and a sound foundation for future profitability.
Unfortunately the unexpected developments at Ansett after the balance sheet date and the tragic events of early September have
thrown up new challenges for a company with hotels and airline assets, affecting our 2001 result and rendering our 2002 result difficult
to forecast. FUTURE PROSPECTS: “In the aftermath of the terrorist attack on the United States it is impossible for any business to
predict what the 2002 Financial Year will hold. For a Company whose principal assets are hotels and an investment in an airline this is
especially true. In 2001 we made a successful beginning in new investments consistent with the investment strategy we outlined last
year. We will continue to pursue that strategy in 2002 at the pace and in the manner appropriate given world financial markets and
economic conditions.”
SANTOS LIMITED
Santos provided the NZSE with a weekly drilling report for the week ending 27/09/2001.
AIR NEW ZEALAND LIMITED (NS)
The Market Surveillance Panel announces that trading on the NZSE of Air NZ’s shares has been halted, pending clarification of
statements made by Greg Terry of Brierley Investments Limited, an Air NZ Director, appearing in today’s media.
TELSTRA CORPORATION LIMITED
Telstra Corporation provided the following documents, in accordance with Listing Rules: 1. Letter to shareholders; 2. AGM 2001
Notice of Meetings; 3. Shareholder Statement pursuant to section 249P of the Corporation Act 2001.
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ELDERCARE NEW ZEALAND LIMITED
Listed healthcare provider, ElderCare NZ today announced plans to raise over $10m in new equity from existing shareholders and
institutional investors. The re-capitalisation is to enable ElderCare to fund planned acquisitions of medical and healthcare service
companies as it broadens its base to reduce reliance on property development income. It will also enable the Company to repay debt
and enhance its financial position. “Overall this programme could raise $10.48m,” said Chairman, Maurice Kidd. “Combined with the
ongoing asset sale programme this will ensure that ElderCare has ample capacity to pursue its acquisition objectives in the medical
and healthcare arena.” Firstly, existing shareholders will be able to further participate in the company’s growth via a $3.48m
renounceable rights issue. The issue, organised by ABN AMRO Craigs, is an offer of one new ordinary share at 16.5cps, for every 7.5
existing shares held at the Record Date of Friday 12/10/2001. An investment statement, prospectus and information pack is scheduled
to be mailed to shareholders on Monday 15/10/2001. ElderCare will also raise $2m via a placement of 12.12m ordinary shares at
16.5cps to Alliance Capital Management NZ . The company then plans to raise a further $5m by way of a Capital Convertible Note in
favour of Cullen Investments. The note matures in 24 months when, at the election of the ElderCare Board, 75% of the face value can
be redeemed for cash or converted into ordinary ElderCare shares at the lesser of 22cps or a 10% discount to the then market price.
The interest payable on the note, which is unsecured, is 11.75% p.a., which will be capitalised and paid out at maturity. Resolutions to
approve the $2m placement and capital convertible note issue will be considered by shareholders at the company’s AGM, which will be
held on Wednesday 31/10/2001. A notice of meeting, together with an appraisal report, will be circulated to shareholders on Monday
15/10/2001. “The Cullen capital convertible note placement and the Alliance placement at 16.5c are at a premium to the current
market, and this indicates strong endorsement of our announced strategy to move into the broader healthcare and medical markets.
In addition, the $5m unsecured capital convertible note purchased by Cullen, with interest capitalised at 11.75% p.a. will replace
existing unsecured debt lines which currently have a significantly higher interest cost to us. By November, Eldercare will then have a
very strong base financial platform to grow from,” said ElderCare CEO, Alan Clarke. The capital raising plans and the broader
rationale for the capital raising are outlined in the company’s annual report, which will be mailed on Friday 28 September. To date the
asset sales programme has yielded over $8.5m in net proceeds, which have been used to reduce debt to $41m from a peak of $50m,
on a total asset base of $76m. As a result of this planned capital raising and the settlement of the recently announced sale of Molly
Ryan property, ElderCare now expects to be able to reduce total Group debt to $29m by mid-November 2001 and the company
expects to receive a further $4m by 31/05/2002 from additional conditional sales of land assets.
FLETCHER BUILDING LIMITED
Fletcher Building today announced the sale of the rural business of the Cyclone operations, a division of Fletcher Steel, to Tru-Test
Limited. The Cyclone rural business, with plants in Auckland and Palmerston North, manufactures and distributes Cyclone fencing
products and gates, the Hayes range of products, and other fencing accessories. The mesh business of Cyclone will remain a part of
Fletcher Steel. The CEO of Fletcher Building, Ralph Waters said “the sale, while only comprising a small part of the Company’s steel
operations, evidences the continuing drive to exit non core operations where this can be achieved for value”. No loss of jobs is
envisaged from this sale to Tru-Test, which will be effective from 1/11/2001.
ELDERCARE NEW ZEALAND LIMITED
Eldercare NZ provided an appendix 7 for the pending 1:7.5 renounceable rights issue. The record date is 12/10/2001. The application
date is 09/11/2001. The Notice date is 15/10/01. The allotment date is 13/11/2001. The amount per security is 16.5cps.
AUSTRALIAN 20 LEADERS INDEX FUND (NS)
The NTA of The Australian 20 Leaders Index Fund as at cob 27/09/2001 was $2.1513. The number of shares on issue is 60,287,666.

Substantial Security Holder Notices
Notices in respect of the following companies have been received:

Genesis Research & Development                                       1
Southern Capital Limited                                             1
Montana Group (NZ) Limited                                           1
Fisher & Paykel Industries Limited                                   1
Telecom Corporation Of New Zealand Limited (NS)                      1
National Mail New Zealand Limited                                    1

Substantial Security Holder Notices are published in the New Zealand Stock Exchange Daily Memo. For subscription details contact
04 472 7599.
                                                                                                                  Page 1578
                                                                                                                   6/04/2012
                                 DAILY TRADING STATISTICS – NZSE TOP 10 SECURITIES

STOCK         DATE        QB       BUY     SELL    HIGH    LOW     LAST    MOV'T    %MVT     VOLUME             VALUE
AIA           21-Sep-01   CD        3.00    3.05    3.02    2.95    3.00    -0.02   -0.66      600,359     1,793,027.93
AIA           24-Sep-01   CD        3.02    3.05    3.02    2.95    3.02     0.02    0.67      222,592       664,940.96
AIA           25-Sep-01   CD        3.13    3.14    3.20    3.10    3.14     0.12    3.97      323,505     1,013,657.33
AIA           26-Sep-01   CD        3.27    3.30    3.27    3.16    3.27     0.13    4.14      413,621     1,340,213.68
AIA           27-Sep-01   CD        3.25    3.35    3.39    3.25    3.35     0.08    2.45      485,708     1,616,336.99
AIA Total                                                                                    2,045,785     6,428,176.89
CAH           21-Sep-01             1.44    1.45    1.44    1.40    1.44     0.02    1.41      653,539       930,897.99
CAH           24-Sep-01             1.42    1.44    1.44    1.40    1.42    -0.02   -1.39    1,329,138     1,878,016.71
CAH           25-Sep-01             1.46    1.47    1.49    1.45    1.46     0.04    2.82    1,617,368     2,368,229.69
CAH           26-Sep-01             1.49    1.50    1.50    1.46    1.50     0.04    2.74    1,596,627     2,387,736.68
CAH           27-Sep-01             1.51    1.52    1.52    1.49    1.52     0.02    1.33      749,040     1,132,396.72
CAH Total                                                                                    5,945,712     8,697,277.79
CEN           21-Sep-01             3.31    3.32    3.32    3.24    3.31     0.01    0.30      449,743     1,474,841.47
CEN           24-Sep-01             3.32    3.34    3.32    3.24    3.32     0.01    0.30      680,067     2,234,008.08
CEN           25-Sep-01             3.30    3.31    3.40    3.30    3.30    -0.02   -0.60      417,897     1,400,929.69
CEN           26-Sep-01             3.38    3.39    3.39    3.26    3.39     0.09    2.73      454,273     1,525,405.84
CEN           27-Sep-01             3.37    3.40    3.42    3.35    3.40     0.01    0.29      323,562     1,100,255.09
CEN Total                                                                                    2,325,542     7,735,440.17
FAP           21-Sep-01   CDCD     12.10   12.20   12.40   11.85   12.20    -0.11   -0.89      448,084     5,365,701.95
FAP           24-Sep-01   XDXD     11.80   11.90   11.80   11.40   11.80     -0.4   -3.28      166,706     1,955,359.85
FAP           25-Sep-01   XDXD     11.81   11.85   12.00   11.80   11.85     0.05    0.42      198,645     2,362,512.96
FAP           26-Sep-01   XDXD     11.81   11.83   11.85   11.76   11.83    -0.02   -0.17      227,435     2,688,698.14
FAP           27-Sep-01   XDXD     12.00   12.05   12.10   11.79   12.05     0.22    1.86      287,823     3,462,373.04
FAP Total                                                                                    1,328,693    15,834,645.94
FFS           21-Sep-01             0.25    0.26    0.25    0.24    0.25       0     0.00    1,319,111       323,909.37
FFS           24-Sep-01             0.25    0.26    0.26    0.25    0.25       0     0.00      593,301       148,507.25
FFS           25-Sep-01             0.25    0.26    0.27    0.25    0.25       0     0.00    1,742,953       451,354.52
FFS           26-Sep-01             0.25    0.26    0.26    0.25    0.26    0.01     4.00      968,126       248,575.77
FFS           27-Sep-01             0.25    0.26    0.26    0.25    0.26       0     0.00      434,348       110,537.23
FFS Total                                                                                    5,057,839     1,282,884.14
FFSPA         21-Sep-01             0.25    0.26    0.25    0.24    0.25       0     0.00    3,217,524       794,281.00
FFSPA         24-Sep-01             0.24    0.25    0.26    0.24    0.25       0     0.00      730,213       182,327.77
FFSPA         25-Sep-01             0.24    0.25    0.26    0.25    0.25       0     0.00    1,918,950       483,125.96
FFSPA         26-Sep-01             0.24    0.25    0.25    0.25    0.25       0     0.00    2,795,661       698,904.67
FFSPA         27-Sep-01             0.24    0.25    0.25    0.25    0.25       0     0.00    1,056,515       264,128.75
FFSPA Total                                                                                  9,718,863     2,422,768.15
INL           21-Sep-01   CD        2.96    3.00    3.00    2.85    2.96    -0.08   -2.63       74,700       220,255.50
INL           24-Sep-01   CD        2.96    3.00    3.00    2.95    2.96        0    0.00       64,453       191,533.68
INL           25-Sep-01   CD        2.85    2.90    3.05    2.90    2.90    -0.06   -2.03      191,887       573,344.36
INL           26-Sep-01   CD        2.95    2.98    2.95    2.85    2.95     0.05    1.72      288,461       841,096.65
INL           27-Sep-01   CD        2.98    3.10    3.10    2.98    3.10     0.15    5.08      141,566       429,006.40
INL Total                                                                                      761,067     2,255,236.59
NCH           21-Sep-01             0.96    0.98    0.99    0.96    0.96    -0.02   -2.04      202,858       195,302.08
NCH           24-Sep-01             0.96    0.97    0.96    0.96    0.96        0    0.00      116,036       111,394.56
NCH           25-Sep-01             0.97    0.99    0.99    0.96    0.98     0.02    2.08      375,851       369,985.85
NCH           26-Sep-01             0.99    1.00    1.00    0.98    1.00     0.02    2.04      401,076       398,765.43
NCH           27-Sep-01             1.01    1.02    1.02    0.99    1.02     0.02    2.00      378,076       379,010.58
NCH Total                                                                                    1,473,897     1,454,458.50
SKY           21-Sep-01             3.10    3.30    3.12    3.10    3.10        0    0.00      130,972       406,986.22
SKY           24-Sep-01             3.16    3.30    3.15    3.15    3.15     0.05    1.61        3,000         9,450.00
SKY           25-Sep-01             3.10    3.15    3.30    3.10    3.10    -0.05   -1.59      233,061       751,468.68
SKY           26-Sep-01             3.15    3.24    3.24    3.15    3.24     0.14    4.52      257,766       818,075.54
SKY           27-Sep-01             3.10    3.15    3.20    3.15    3.15    -0.09   -2.78       48,691       153,671.20
SKY Total                                                                                      673,490     2,139,651.64
TEL           21-Sep-01   NS        4.56    4.58    4.58    4.38    4.56     0.06    1.33    6,647,497    29,721,347.40
TEL           24-Sep-01   NS        4.53    4.55    4.54    4.44    4.54    -0.02   -0.44    6,195,366    27,732,689.81
TEL           25-Sep-01   NS        4.61    4.62    4.64    4.56    4.61     0.07    1.54    7,541,081    34,563,892.01
TEL           26-Sep-01   NS        4.60    4.62    4.61    4.50    4.61        0    0.00    9,033,043    41,360,499.18
TEL           27-Sep-01   NS        4.47    4.50    4.58    4.46    4.47    -0.14   -3.04    3,546,688    15,954,125.28
TEL Total                                                                                   32,963,675   149,332,553.68
WHS           21-Sep-01   CD        5.75    5.85    5.85    5.80    5.83    -0.09   -1.52      294,686     1,710,233.87
WHS           24-Sep-01   CD        5.80    5.83    5.83    5.70    5.80    -0.03   -0.51      273,967     1,578,542.61
WHS           25-Sep-01   CD        5.86    5.89    5.90    5.83    5.90      0.1    1.72      314,097     1,848,955.45
WHS           26-Sep-01   CD        5.90    5.99    5.91    5.84    5.90        0    0.00       89,432       525,019.35
WHS           27-Sep-01   CD        5.96    5.99    5.98    5.90    5.96     0.06    1.02      277,371     1,648,158.59
WHS Total                                                                                    1,249,553     7,310,909.87
                                                                                                                                                                                                                                        Page 1579
                                                                                                                                                                                                                                        14/09/2001



                                                                                                          TAKEOVERS
                                                                              Announcements and notices received by the Exchange pursuant to the Takeovers Code

    Target                  Offeror               Notice     Transfer/    Transfer/      Consideration            Partial / Full Offer /                                           Additional/Notes Conditions
   Company                                      received       Offer        Offer             Per Share              Compulsory
                                               Pursuant to Commenced/    Completed/
                                                 Rule 42     Opened       Closed(s)
Montana Group    Millstream Equities Limited   11/09/2001 07/09/2001                  $4.80                 Compulsory                      Notice of dominant owner (10/09). Despatch of Acquisition Notice Received (11/09). Acquisition Notice to
(NZ) Limited                                                                                                                                Shareholders Received (11/09).
National Mail    Paul Ernest Meier             26/07/2001   27/07/2001   14/09/2001   $0.07                 70% of Voting Securities        Notice of Takeover offer received (30/07). Notice of Despatch of Offer Document received (15/08) Takeover
Limited                                                                                                                                     offer unconditional (21/09).
Pacific Retail   Logan Corporation Limited     24/09/2001                             $1.76                 Full Offer                      Notice of Intention Received (24/09)
Group Limited


N/A Not applicable

				
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