DIRECTOR: AIA: Auckland Airport advises Director changes

26 Aug 2010 9:22 am

AIA 26/08/2010 DIRECTOR

REL: 0922 HRS Auckland International Airport Limited

DIRECTOR: AIA: Auckland Airport advises Director changes

Auckland Airport advises changes to its Board of Directors

The directors of Auckland Airport have announced that Joan Withers will succeed Tony Frankham as chair of the board immediately following the annual meeting on 26 October 2010.

Mrs Withers has been a director of Auckland Airport since 1996 and is presently chair of the Audit & Risk Committee. She is also the chair of Mighty River Power and the deputy chair of Television New Zealand.

Tony Frankham, who has been a director of the company since 1994, has been chairman since 2007 and was chair of the Audit & Risk Committee for 10 years. He retires by rotation and has elected not to seek re-appointment as a director.

Mr Frankham said that he is standing down to provide an opportunity for a new board appointment to be made. He said, "It is desirable that the membership of the Auckland Airport board continues to be refreshed."

The directors have also advised that they have determined that the appointment of a director with significant international airline experience would add great value to the board. A process to identify and appoint an appropriate candidate is now underway.

Joan Withers and Lloyd Morrison retire by rotation and, being eligible, will be offering themselves for re-election at the annual meeting on 28 October 2010. The directors unanimously support the re-election of Mrs Withers and Mr Morrison.

Ends

For further information, please contact:

Richard Llewellyn Corporate relations manager +64 9 255 9089 +64 27 477 6120 End CA:00198871 For:AIA Type:DIRECTOR Time:2010-08-26:09:22:22

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