NZX Extends CCH Consultation Period

New Zealand Exchange Limited (NZX) wishes to advise all market participants and other interested parties that it has extended the consultation period for submissions on the Central Clearing House proposal from Thursday 8 April until Friday 30 April 2004.

NZX wishes to thank all those who have already taken the time to make submissions.

All submissions should be made to:

Toby Norgate
New Zealand Exchange Limited
PO Box 2959
Wellington
Or to: toby.norgate@nzx.com

A copy of the proposal can be downloaded at www.nzx.com/aboutus/reports.

The full range of NZX Accredited organisations and individuals resulting from these proposed changes is summarised on the website at www.nzx.com/market_prof. The proposed new NZX Participant Rules governing the new participant structure can also be found on the NZX website at www.nzx.com/regulation.