Infratil FY18 Earnings Guidance

Infratil FY18 Earnings Guidance

Trustpower (TPW) announced this morning (as part of its Quarterly Operating Report (September 2017)) that it expects its FY18 EBITDAF to be in the range of $255 million to $270 million which is an increase from its earlier guidance range of $225 million to $245 million. A copy of the Trustpower announcement is available at https://nzx.com/companies/TPW.

At Infratil's Annual Meeting on 24 August 2017, Infratil provided an FY18 underlying EBITDAF guidance range of $460 million to $500 million. Infratil advises that its now expects its FY18 underlying EBITDAF to be in the range of $485 million to $525 million.

Further detail will be provided as part of Infratil's FY18 interim results announcement on 10 November 2017.

Any enquiries should be directed to:

Phillippa Harford, Chief Financial Officer, Infratil Limited: Phillippa.Harford@infratil.com