Notification of allotment of securities

07 September 2012

For the purposes of Listing Rule 7.12.1, Transpower New Zealand Limited (TRP) advises the following securities have been issued on 6 September 2012 and will be quoted on the NZDX from 7 September 2012:

A Class of security
ISIN
Fixed Rate Bonds
NZTRPD0020L4
B Number issued 200,000,000
C Nominal value
Issue price
Not applicable
NZ$1.00
D Payment in cash Yes
E Amount paid up Fully paid
F Percentage of class of securities 100%
G Reason for issue The fixed rate bonds were issued to raise funds for general corporate purposes, including the capital expenditure requirements, of the Transpower Group pursuant to a registered simplified disclosure prospectus dated 17 August 2012 and a pricing supplement no. 4 dated 17 August 2012.
H Authority for issue Directors’ resolution.
I Terms of issue As set out in the registered simplified disclosure prospectus dated 17 August 2012 and a pricing supplement no. 4 dated 17 August 2012.
J Number of securities of the Class in existence after issue 200,000,000
K Treasury stock Not applicable
L Date of issue 6 September 2012