HomeInfratil News2005Infratil Issue of 3108 Shares on Warrant Exercise

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Infratil Issue of 3108 Shares on Warrant Exercise

28 Feb 2005

The following information is provided in accordance with
Listing Rules 7.12

Class of security: Ordinary Shares

ISIN: NZIFTE0003S3

Number of Ordinary Shares issued: 3,108

Issue Price: $3.50

Payment: In cash

Amount paid up: Ordinary Shares issued as fully paid up

Percentage of the total class of securities issued (after the issue): 0.0014%

Reason for the issue: Warrants (IFTWB) exercised.

Specific authority for the issue: Terms and conditions of the issue of the Warrants

Terms or conditions of the issue: Warrantholders have the right to subscribe for Ordinary Shares, credited as fully paid, at an exercise price of $3.50

Total number of Ordinary Shares in existence after the issue: 219,866,287

Total number of Warrants on issue after the above Warrants exercised: 45,385,435


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