Memorandum

To: Market Participants
From: NZX Client and Data Services
Date: 15 November 2017
Subject: IFTHA - Interest Rate Reset

Message:
Further to the announcement made by Infratil Limited (“IFT”) today, NZX Operations (“NZXO”) advises that the interest rate payable on the Perpetual Infratil Infrastructure Bonds (“IFTHA”) has been reset to 3.50% per annum with effect from Wednesday, 15 November 2017.

The interest rate reset will be reflected in our trading system from market open Thursday, 16 November 2017.

Please contact NZX Client and Data Services on +64 4 496 2853 or cds@nzx.com with any queries.

ENDS