The following information is provided in accordance with
Listing Rules 7.12
Class of security: Ordinary Shares
ISIN: NZIFTE0003S3
Number of Ordinary Shares issued: 163,850
Issue Price: $1.62
Payment: In cash
Amount paid up: Ordinary Shares issued as fully paid up
Percentage of the total class of securities issued (after the issue): 0.03%
Reason for the issue: Warrants (IFTWB) exercised.
Specific authority for the issue: Terms and conditions of the issue of the
Warrants
Terms or conditions of the issue: Warrantholders have the right to subscribe
for Ordinary Shares, credited as fully paid, at an exercise price of $1.62
Total number of Ordinary Shares in existence after the issue: 530,791,615
Total number of Warrants on issue after the above Warrants exercised:
85,514,711
K M Baker
End CA:00168837 For:IFT Type:ALLOT Time:2008-08-20:08:58:59