ALLOT: RAK: Notice of Redemption of Shares

17 May 2010 12:05 pm

RAK 17/05/2010 ALLOT

REL: 1205 HRS Rakon Limited

ALLOT: RAK: Notice of Redemption of Shares

Rakon Limited Notice of Redemption of Securities

Pursuant to Listing Rule 7.12.1 please be advised as follows:

Class of security: Redeemable Ordinary Shares RAK, ISIN: NZRAKE0001S8 Number of securities redeemed: 1,018,519 Nominal value: NZ$1.60 Payment in cash: NZ$0.15 net Reason for redemption: Pursuant to the Master Trust Deed between Rakon Limited and Rakon PPS Trustee Limited dated April 2006 (Trust Deed) and to the rules of the Rakon Share Growth Plan (Rules) Percentage of class of securities: 100% Authority for redemption: Terms of the Trust Deed and the Rules Terms or details of redemption: Not applicable Total number of securities of the class in existence after the redemption: 0 Treasury stock: Pursuant to the Trust Deed, the securities are cancelled Date of redemption: 15 May 2010

ENDS. End CA:00194966 For:RAK Type:ALLOT Time:2010-05-17:12:05:12

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