DISCLOSURE NOTICE
Disclosure of Directors and Officers Relevant Interests
(Section 19T, Securities Markets Act 1988)
A. Disclosure obligation (tick box to note which disclosure obligation
applies)
Initial disclosure (complete Parts A, B, C, D, F, and G of this notice)
Ongoing disclosure (complete Parts A, B, C, E, F and G of this notice) x
B. Preliminary
1. Name John Russell Houlden
2. NZX company code of issuer TEL
Name of issuer Telecom Corporation of New Zealand Limited
3. Name of related body corporate (if applicable)
4. Position you hold in the issuer Chief Financial Officer
5. Date of this disclosure notice 26-Aug-08
C. Nature of relevant interest
6. Name of registered holder(s) of security (as required by regulation 6A(b)
or regulation 7(b)) Telecom Corporation of New Zealand Limited
7. Class and type of security (as required by regulation 6B or regulation 8)
Ordinary shares
8. Nature of relevant interest in security (as required by regulation 6A (a)
or regulation 7(a)) Legal ownership of options to acquire
ordinary shares under Share Rights Scheme
D. Date (for initial disclosure)
9. Date of disclosure obligation (as required by regulation 6C) na
E. Transaction (for ongoing disclosure)
10. Date of last disclosure (as required by regulation 13)
10-Jun-08
11. Date(s) of acquisition(s) or disposal(s) (as required by regulation 9)
19-Aug-08
12. Number of transactions (as required by regulation 12(2), if applicable)
na
13. Nature or type of transaction (as required by regulation 11(1)(a))
Grant of 62,070 options under Share Rights Scheme
14. Consideration (as required by regulation 10) na
15. Number of securities held prior, set out by class and type (as required
by regulation 8) 142,488 options under Share Rights Scheme
16. Number of securities subject to acquisition or disposal (as required by
regulation 11(1)(b)) 62,070 options under Share Rights Scheme
F. Extent of relevant interest
17. Number of securities held now, set out by class and type (as required by
regulation 6B or regulation 8) 204,558 options under Share Rights
Scheme
Signature (as required by regulation 14)
End CA:00169126 For:TEL Type:RELINT Time:2008-08-26:10:46:47