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 Mark Verbiest
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 former Group General Counsel
5. Date of this disclosure notice 28-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)) Mark Verbiest
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 ordinary shares
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)
12-Aug-08
11. Date(s) of acquisition(s) or disposal(s) (as required by regulation 9)
25-Aug-08
12. Number of transactions (as required by regulation 12(2), if applicable)
Not applicable
13. Nature or type of transaction (as required by regulation 11(1)(a))
Disposition of Ordinary Shares
14. Consideration (as required by regulation 10) $147,253.00
15. Number of securities held prior, set out by class and type (as required
by regulation 8) Legal Ownership of 594,434 options to acquire
ordinary shares under Share Option Scheme
Legal Ownership of 58,140 options to acquire ordinary shares
under Share Rights Scheme
Legal Ownership of 48,568 ordinary shares
16. Number of securities subject to acquisition or disposal (as required by
regulation 11(1)(b)) 46,000 ordinary shares
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) Legal Ownership of 594,434 options
to acquire ordinary shares under Share Option Scheme
Legal Ownership of 58,140 options to acquire ordinary shares
under Share Rights Scheme
Legal Ownership of 2,568 ordinary shares
Signature (as required by regulation 14)
End CA:00169248 For:TEL Type:RELINT Time:2008-08-28:08:40:02