SSH: RAK: SSH Notice (AMP Capital Investors (New Zealand) Limited)

29 Jun 2010 3:24 pm

RAK 29/06/2010 SSH

REL: 1523 HRS Rakon Limited

SSH: RAK: SSH Notice (AMP Capital Investors (New Zealand) Limited)

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest or both Sections 23 and 24, Securities Markets Act 1988

Relevant event being disclosed: Change in the number of voting securities in which a substantial security holder has a relevant interest (section 32(2)) Date of relevant event: 29 June 2010 To: NZX And: Rakon Limited Date this disclosure made: 29 June 2010 Date last disclosure made: 31 July 2009

Substantial security holder(s) giving disclosure Name(s): AMP Capital Investors (New Zealand) Limited and AMP Capital Investors Limited Contact details: Pauline Edwards Ph 04-494-2184 Email pauline.edwards@ampcapital.co.nz

Summary of substantial holding to which disclosure relates Class of listed voting securities: Ordinary shares in RAK Summary for: AMP Capital Investors (New Zealand) Limited and AMP Capital Investors Limited

For this disclosure,-- (a) total number held in class: 13,008,751 (b) total in class: 188,868,455 (c) total percentage held in class: 6.888%

For last disclosure,-- (a) total number held in class: 7,074,575 (b) total in class: 127,939,309 (c) total percentage held in class: 5.53%

Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure under the instructions to this form: purchases of 5,934,176 shares between 31/7/2009 and 29/6/2010 Details of relevant interests in substantial holding after relevant event Details for: AMP Capital Investors (New Zealand) Limited and AMP Capital Investors Limited Nature of relevant interest(s): Investment Manager and non-beneficial owner of securities For that relevant interest,-- (a) number held in class: 13,008,751 (b) percentage held in class: 6.888% (c) current registered holder(s) of securities: See schedule one (d) registered holder(s) of securities once transfers registered: not applicable

Additional information Nature of connection between substantial security holders: AMP Capital Investors (New Zealand) Limited and AMP Capital Investors is the Investment Manager for beneficial owners of the RAK shares (See schedule one attached) Address(es) of substantial security holder(s): C/- Ground Floor, PWC Building, 113-119 The Terrace, Wellington Name of any other person believed to have given, or believed to be required to give, a disclosure under the Act in relation to the securities to which this disclosure relates: Not Applicable

Declaration I, Pauline Carol Edwards, declare that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. End CA:00196672 For:RAK Type:SSH Time:2010-06-29:15:24:05

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