NZX: Alison Gerry – Independent Director

Further to the announcement of 13 December 2011 of the appointment of Alison Gerry as an NZX Director, effective from 2 February 2012, NZX Limited (“NZX”) advises, pursuant to NZSX Listing Rule (“Rule”) 3.3.3(b), that the board of directors have determined Alison Gerry to be an Independent Director of NZX, as that term is defined in the Rules.