ALLOT: PLU: Issue of Ordinary Shares

22 Jan 2010 4:57 pm

PLU 22/01/2010 ALLOT

REL: 1657 HRS Pulse Utilities New Zealand Limited

ALLOT: PLU: Issue of Ordinary Shares

21 January 2010

The following information is provided in accordance with NZAX Listing Rule 7.11

Class of security: Ordinary Shares ISIN: NZPLUE0001S8 Number issued: 60,000 Issue price: $0.50 Payment in cash: No Percentage of class: 0.24% Purpose of the issue: Raise funds for implementation of business plan and running of the business Authority for the redemption: Board resolution Date of issue: 21 January 2010 Total number of securities on issue following redemption: 25,282,952 Ordinary Shares

For and on behalf of the Board

Dene Biddlecombe CEO & Director End CA:00190434 For:PLU Type:ALLOT Time:2010-01-22:16:57:52

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