HomeInfratil News2004Infratil Buyback of 700000 shares

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Infratil Buyback of 700000 shares

3 Sep 2004

Infratil Limited advises that it has acquired its own securities. The following information is provided in accordance with Listing Rule 7.12:

Class of security: Ordinary Shares

ISIN: NZIFTE0003S3

Number of ordinary shares acquired: 700,000

Acquisition Price (average): $3.10

Payment: In cash

Amount paid up: Fully paid ordinary shares

Percentage of the total class of
securities issued (after the acquisition): 0.31%

Reason for the acquisition: Considered by the Directors to be in the best interests of the Company and shareholders.

Specific authority for the acquisition: Shareholder approval dated 24 March 2004 & Board resolution dated 17 August 2004.

Total number of ordinary shares
in existence after the acquisition and
after deduction of Treasury Stock: 224,340,054.

Date acquired: 2 September 2004

Treasury stock: Shares acquired will be held as treasury stock.


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