NZSE release regarding the purchase of shares in Rubicon by GPG

Further to yesterday’s announcement, and in response to inquiries made of the New Zealand Stock Exchange (“NZSE”), the NZSE advises that it does not have the power to require the transaction whereby Guinness Peat Group Plc. acquired 50,300,000 shares in Rubicon Limited to be reversed or modified. The exchange is continuing to investigate whether the transaction was conducted in accordance with the rules and regulations of the NZSE.

Issued by the New Zealand Stock Exchange.