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STAND: HED: STAND IN THE MARKET - Horizon Energy Distribution Limited

21 Jun 2010 11:10 am

HED 21/06/2010 STAND

REL: 1110 HRS Horizon Energy Distribution Limited

STAND: HED: STAND IN THE MARKET - Horizon Energy Distribution Limited

MEMORANDUM

To: Market Participants From: NZX Client and Market Services Date: June 21, 2010

Subject: STAND IN THE MARKET - Horizon Energy Distribution Limited

Message: First NZ Capital Securities has confirmed to the NZX that the stand in the market to acquire 2,524,130 shares in Horizon Energy Distribution Limited (HED) at a price of $4.15 on behalf of Marlborough Lines Limited has been completed conditional upon settlement and resolution of any issues.

ENDS. End CA:00196313 For:HED Type:STAND Time:2010-06-21:11:10:16

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