SSH: FPA: SSH (Orbis Investment Management (Australia) Pty Ltd)

02 Mar 2010 08:30NZX
Disclosure of movement of 1% or more in substantial holding or change in
nature of relevant interest or both

Sections 23 and 24, Securities Markets Act 1988
Relevant event being disclosed: Increase by more than 1% in holding

Date of relevant event: 25 Feb 2010
To: New Zealand Stock Exchange
And: Fisher & Paykel Appliances Holdings Limited

Date this disclosure made: 1 March 2010
Date last disclosure made: 1 December 2009

Substantial security holder(s) giving disclosure
Name(s): Orbis Investment Management (Australia) Pty Ltd (Orbis Australia)
and its related bodies corporate as set out in Table 1 of Annexure A
(together Orbis Group), as investment manager for the funds or investment
mandates listed at Table 2 of Annexure A
Contact details: Eugene Tan, +612 8224 8627, e.tan@orbisfunds.com.au

Summary of substantial holding to which disclosure relates
Class of listed voting securities: ordinary share
Summary for: Orbis Group

For this disclosure,--
(a)     total number held in class: 75,233,176
(b)     total in class: 724,235,162
(c)     total percentage held in class: 10.39%

For last disclosure,--
(a)     total number held in class: 66,157,926
(b)     total in class: 724,235,162
(c)     total percentage held in class: 9.13%

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the
instructions to this form: See Annexure B - Transactions on market

Details of relevant interests in substantial holding after relevant event
Details for: Orbis Group

Nature of relevant interest(s): As investment manager for the funds or
investment mandates listed at Table 2 of Annexure A that hold Fisher & Paykel
Appliances Holdings Limited ordinary shares as set out in Annexure B
For that relevant interest,--
(a)     number held in class: 75,233,176
(b)     percentage held in class: 10.39%
(c)     current registered holder(s) of securities: Unknown, purchases on
market on the Australian Securities Exchange
(d)     registered holder(s) of securities once transfers registered: See
Annexure B

Additional information
Nature of connection between substantial security holders: As investment
manager for the funds or investment mandates listed at Table 2 of Annexure A
that hold Fisher & Paykel Appliances Holdings Limited ordinary shares as set
out in Annexure B
Address(es) of substantial security holder(s): C/- Orbis Australia, Level 2
Challis House, 4  Martin Place Sydney , NSW  2000

Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Act in relation to the securities to which
this disclosure relates: N/A

Declaration
I, Simon Marais, Director, Orbis Australia, declare that, to the best of my
knowledge and belief, the information contained in this disclosure is correct
and that I am duly authorised to make this disclosure by all persons for whom
it is made.
End CA:00191932 For:FPA    Type:SSH        Time:2010-03-02:08:30:09
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Fisher & Paykel Appliances
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