GENERAL: NZX: June Quarterly Index Review

9 Jun 2010 5:40 pm

NZX 09/06/2010 GENERAL

REL: 1740 HRS NZX Limited

GENERAL: NZX: June Quarterly Index Review

Constituent change for NZX 50 at June Quarterly Index Review

9 June 2010 - NZX announces that following the June Quarterly Index Review, the Abano Healthcare Group (ABA) will be added to the headline NZX 50 Index. ABA will replace Pan Pacific Petroleum (PPP), whose six-month index ranking fell below 55th at the June Quarterly Index Review. The change is effective on Monday 21 June.

Nuplex Industries Limited (NPX) is added to the NZX 15 Index on the basis of a six-month ranking of higher than 14th. NPX replaces Freightways Limited (FRE) which is removed as the lowest ranking incumbent.

Ecoya Limited (ECO), which listed in May, has been added to the NZX Small Cap Index.

The NZX Index committee has considered the index status of Allied Farmers Limited (ALF). The stability and investability of an index are enhanced by avoiding unnecessary churn in index constituents. Based on concerns about ALF's current ability to maintain a position in the NZX 50, NZX Indices is exercising its discretion to discount ALF from index inclusion at this time.

ALF will be considered for tranched entry into the NZX 50 Index at the March 2011 Quarterly Review, subject to meeting inclusion criteria at all Quarterly Index Reviews up to and including March 2011.

NZX Indices is collating responses to proposed changes to the NZX 50 methodology and procedures. Outcomes of that review will be announced on 25 June 2010.

Index changes announced today are implemented after market close on Friday 18 June and effective on Monday 21 June 2010.

- ENDS -

Changes to the NZX Equity Indices in no way reflect an opinion on any NZX Listed Issuer - they are determined solely by the NZX Index Methodology. These index changes arise from NZX's regular Quarterly Index Review schedule. Quarterly Index Reviews are conducted in March, June, September and December of each year.

NZX i-search subscribers receive the full NZX Index Quarterly Review memo via the i-search platform. For more information about the i-search product please phone (04) 471 4395 or email data@nzx.com

For more information, please contact:

Merja Myllylahti Stakeholder Relations Manager NZX Limited E-mail: merja.myllylahti@nzx.com Phone: 04-4962890 extension 890 Mobile: 027-5127832 End CA:00195920 For:NZX Type:GENERAL Time:2010-06-09:17:40:38

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