New Zealand Stock Exchange Announces Deferred Implementation Of Listing Rule Changes

On 31 July 2002, the New Zealand Stock Exchange ("NZSE") announced that it would be amending the NZSE Listing Rules, some amendments to come into force as from 16 August 2002 and others as from 9 September 2002.

As a result of submissions continuing to be made by interested parties, NZSE has decided to extend the period for submissions on proposed Listing Rules on corporate governance until 15 September 2002. A new date for the commencement of all amendments to the Listing Rules will be announced at a later date, once all submissions have been considered.