SSH Utilico Investments

SSH Utilico Investments

Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013

To NZX Limited
and
To Infratil Limited, ASX Limited

Date this disclosure made: 22 January 2016

Date last disclosure made: 18 January 2016

Date on which substantial holding ceased: 20 January 2016

Substantial product holder(s) giving disclosure

Full name(s): Utilico Investments Limited

Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares

Summary for Utilico Investments Limited

For last disclosure,—
(a) total number held in class: 30,019,418
(b) total in class: 561,875,237
(c) total percentage held in class: 5.34%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 25,019,418
(b) total in class: 562,325,645
(c) total percentage held in class: 4.45%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: on market sales of 5,000,000 shares.

Additional information
Address(es) of substantial product holder(s): UK Contact: PO Box 208, Epsom, Surrey KT18 7YF, United Kingdom

Contact details: ICM Investment Research Ltd info@icmir.net
Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: Duncan Saville as a director of Infratil Limited

Certification
I, John Dugald Flinders Morrison, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.