NZX announcements

Transpower today released its third quarter report containing Transpower’s unaudited
financial results for the nine months ended 31 March 2014.

Transpower advises that Alastair Scott has resigned as a Director from the Board, effective from Tuesday 29 April 2014.

Transpower’s General Manager System Operations, Kieran Devine has announced that he will leave Transpower on 30 May 2014 after leading the System Operations division for the past 12 years.

Transpower New Zealand today released its financial results for the six months ended 31 December 2013.

Transpower would like to advise that the North Auckland and Northland project will be put into full commercial operation from 10am on Wednesday 26 February.

Transpower advises that, due to slower than anticipated stringing work, it is now expecting to commission the Wairakei–Whakamaru C replacement line by July 2014.

Transpower New Zealand said today that their new Chief Executive Officer, Alison Andrew will start with the company on 3 February 2014.

Please view the attachment for advice on securities issued and quoted on the NZX Debt Market from 2 December 2013.

Transpower today released the attached final investor terms sheet in respect of its fixed rate bonds (“Fixed Rate Bonds”) to be issued on 29 November 2013.

Transpower announced the following indicative issue margin range in relation to its offer of up to NZ$100 million.