GENERAL: NZX: March Quarterly Index Review

11 Mar 2010 9:00 am

NZX 11/03/2010 GENERAL

REL: 0900 HRS NZX Limited

GENERAL: NZX: March Quarterly Index Review

March Quarterly Index Review

11 March 2010. As previously announced, NZX is reviewing our Index Methodology and Index Review processes, including announcements.

The present announcement accompanies the March Quarterly Review Index Memo, and is issued with 7 trading days between announcement and the effective date of index changes. NZX will no longer issue 'Preliminary Index Memos' at Quarterly Reviews.

The only change in composition of NZX Equity Indices is the removal of Sunseeker Energy (SSE) from the NZX SciTech Index and NZAX All Index. SSE is presently suspended from trading on the NZAX and has not traded for 12 months.

No changes are to be made to the composition of the NZX 50 Index. The NZX Index Committee has determined that it will consider the index status of Allied Farmers Limited (ALF) in the June Quarterly review. This provides nearly 6 months of trading history since the 21 December 2009 equity-for-debt acquisition of Hanover and United Finance assets by ALF.

Index changes announced today are implemented after market close on Friday 19 March and effective Monday 22 March 2010.

ENDS

For more information, please contact: Merja Myllylahti Stakeholder Relations Manager Communications NZX Limited

E-mail: merja.myllylahti@nzx.com Phone: 04-4962890 extension 890 Mobile: 027-5127832 End CA:00192348 For:NZX Type:GENERAL Time:2010-03-11:09:00:05

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