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NZ Bus Chief Executive Appointment

9 Aug 2007

Bruce Emson has been appointed as the new Chief Executive of the NZ Bus Group of Companies.

Bruce Emson is currently General Manager, Distribution Oceania and Logistics Australia, for Shell Petroleum. This business has operating expenditures in excess of USD230 million and operates as a third party service provider within the Shell Group of companies.

Bruce Emson has had a 30 year career with Shell Petroleum that started in New Zealand and has included a number of global postings. More recently, he has had a number of operational leadership roles in Australasia, Asia and Europe.

He replaces Bill Rae, who has been acting CEO of NZ Bus for the past four months. Lib Petagna, Chairman of NZ Bus, noted: “I would like to acknowledge Bill’s positive contribution to the Company during this time, in particular spearheading the initiative to develop a new vision and brand to drive us forward with a renewed focus on service reliability and customer service. I would also like to publicly acknowledge the tremendous role Bill has had with our company over the last 16 years.

Bill has made a substantial contribution to the success of public transport in New Zealand, working to develop outstanding bus services, first in Wellington, then in both Wellington and Auckland as part of what was the Stagecoach team.”

Bruce Emson will commence his new role in mid September 2007.

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