Simon Power – Independent Director Of NZX Limited

Further to the announcement on 28 September 2012 of the appointment of Simon Power as an NZX Director, effective 1 December 2012, NZX Limited (“NZX”) advises, pursuant to NZSX Listing Rule (“Rule”) 3.3.3(b), that the board of directors have determined Simon Power to be an Independent Director of NZX, as that term is defined in the Rules.