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• FONZ appeals to new investors

  10 December 2004 – Fifty of New Zealand (FONZ), the latest fund in NZX Funds Management's (NZXFM) Smartshares family, will list and commence trading at 10.00am today.

• NZX Index Changes

  09 December 2004 – New Zealand Exchange Limited (NZX) has announced the following constituent changes to its equity indices. These changes will take effect from 5 January 2005.

• NZX establishes trial period in preference to central clearing house

  8 December 2004 – Following extensive consultation with market participants, New Zealand Exchange Limited (NZX) has decided to put on hold plans to establish a central clearing house (CCH).

• Securities lending paper like a power tool, says NZX

  1 December 2004 – New Zealand Exchange Limited (NZX) likens today's recommendation to eliminate tax on stock lending to the addition of a power tool to the New Zealand investment market toolbox.

• New Zealanders keen to save, says NZX

  30 November 2004 – Two weeks since the launch of its newest Smartshares fund - the Fifty of New Zealand (FONZ) – close to three quarters of new investors are signing up for the fund's savings plan, according to NZX Funds Management Limited (NZXFM).

• Stobo report heralds sea change for New Zealand economy

  16 November 2004 – New Zealand Exchange Limited (NZX) CEO Mark Weldon said today that the recommendations of the Stobo Report “Towards Consensus on the Taxation of Investment Income” heralds a sea change in the treatment of investment income that can only be good for the New Zealand economy.

• NZX nets two birds with one stone

  15 November 2004 –The newest fund in the NZX Funds Management Limited (NZXFM) Smartshares family has an added feature that will make it easy for people to save while they invest.

• Buy New Zealand, NZX urges

  15 November 2004 – The newest fund in the NZX Funds Management Limited (NZXFM) Smartshares family is aimed at first time and experienced investors looking for a piece of some of New Zealand 's top performing companies.

• NZX Index Changes

  3 November 2004 – Prime Infrastructure has announced that it has received acceptances for 94.6% of the issued share capital of Powerco, and will proceed to compulsory acquisition of all shares.

• NZX releases third quarter results 2004

  21 October 2004 – New Zealand Exchange Limited (NZX) is pleased to announce its operating result for the quarter ended 30 September 2004.

• NZX advises on disciplinary process

  19 October 2004 – New Zealand Exchange Limited (NZX) today released a summary document which gives details on the timing and actions involved in each stage of an NZX inquiry where there may have been a breach of the NZX Participant Rules.

• NZX to retain naming rights to indices

  8 October 2004 – New Zealand Exchange Limited (NZX) today announced that, following a comprehensive review of proposals from a number of interested parties wishing to acquire the naming rights to the NZX Indices, NZX has decided to retain the naming rights.

• NZXFM’s MOZY Fund up on listing price

  27 September 2004 – NZX Funds Management Limited (NZXFM) is pleased to announce that the new Smartshares fund, the MOZY, listed yesterday at a net tangible asset value of NZD$3.7076. This is up on the 21 September issue price for the MOZY of NZD$3.6781.

• NZFOX options to list in Q1 2005

  24 September 2004 – New Zealand Exchange Limited (NZX) wishes to advise all market participants that the NZFOX options products will list in February 2005.

• NZXFM's MOZY Fund set to list next week

  22 September 2004 – NZX Funds Management Limited (NZXFM) is pleased to announce that the first of the new Smartshares funds, the NZX Australian MidCap Index Fund (MOZY), closed its initial public offering on Friday 17 September raising $33.2 million.

• NZX accredits SecuritEase® for DMA

  22 September 2004 - New Zealand Exchange Limited (NZX) is delighted to announce that it has accredited Scientific Software and Systems Limited (SSS)’s SecuritEase® system to provide Direct Market Access (DMA) services to NZX Firms.

• Deutsche Bank begins trading in the New Zealand markets

  17 September 2004 – New Zealand Exchange Limited (NZX) wishes to advise that Deutsche Bank’s New Zealand arm, Deutsche Securities New Zealand Limited, will begin trading on the New Zealand markets as an accredited NZX Trading and Advising Firm from Monday 20 September 2004.

• NZX Appeal Panel members appointed by Securities Commission

  14 September 2004 – New Zealand Exchange Limited (NZX) wishes to advise the market that the Securities Commission has appointed the following people to the NZX Appeal Panel:

• 6 September 2004 - NZX Regulation Announcement

  6 September 2004 - NZX Regulation Announcement. Announcement 1 in respect of matters relating to Access Brokerage Limited Suspension of Market Participant under NZX Participant Rules

• NZX Regulation Announcement

  6 September 2004 - NZX Regulation Announcement. Announcement 2 in respect of matters relating to Access Brokerage Limited List of NZX determined market prices under Participant Rule 17.8.2

• Access clients made whole

  15 September 2004 - New Zealand Exchange Limited (NZX) has determined that NZX's Fidelity Guarantee Fund, which currently stands at $460,000, will be utilised to assist in making Access Brokerage Limited's clients whole, in conjunction with the substantial contribution from the BNZ.

• Access Brokerage suspended from trading in New Zealand market

  6 September 2004 - New Zealand Exchange Limited (NZX) wishes to advise the market that NZX Regulation has declared Access Brokerage Limited (Access) a defaulter under the NZX Participant Rules and has suspended them as an NZX Firm effective immediately. This includes the suspension of all trading rights and privileges associated with their designation as an NZX Firm. In addition, the matter has also been referred to all relevant authorities including the Minister of Commerce, the Securities Commission, and the Serious Fraud Office.

• NZX accredits OMFinancial as first NZX Futures & Options Firm and Citigroup enters Market Making agreement

  30 August 2004 - New Zealand Exchange Limited (NZX) is delighted to announce that it has accredited OMFinancial Limited as the first NZX Futures & Options Firm to deal in any futures or options product worldwide, including the NZFOX products, on behalf of New Zealand investors.

• Auckland Grammar wins top prize in NZX Stockmarket Challenge

  20 August 2004 – New Zealand Exchange Limited (NZX) and ASB Securities are pleased to announce the winners of the 2004 NZX Stockmarket Challenge: Auckland Grammar School.

• MOZY Smartshares IPO opens

  20 August 2004 – NZX Funds Management Limited (NZXFM), a wholly owned subsidiary of New Zealand Exchange Limited (NZX), will open the initial public offer for the NZX Australian MidCap Index Fund, or MOZY, on Monday 23 August 2004.

• NZX releases summary of submissions on Central Clearing House proposal

  19 August 2004 – New Zealand Exchange Limited (NZX) has today released a summary of the submissions it received from listed companies, market participants and other interested parties regarding its Central Clearing House (CCH Facility) proposal which was published earlier this year.

• NZX launches Direct Market Access today

  4 August 2004 – New Zealand Exchange Limited (NZX) is pleased to announce that Direct Market Access (DMA) is now successfully operating in the New Zealand securities markets. DMA allows accredited DMA NZX Firms to be able to trade directly into the New Zealand market and to tailor access requirements for their clients anywhere in the world.

• NZX Announces Preliminary Financial Results for six months ended 30 June 2004

  27 July 2004 – New Zealand Exchange Limited (NZX) wishes to announce that it recorded a post tax profit (NPAT) of $2.030 million for the six months ended 30 June 2004, compared with $0.584 million for the six months ended 30 June 2003. Earnings per share for the six months ended 30 June 2004 is 16.59 cents.

• NZX Discipline Chair and Deputy announced along with Special Division

  23 July 2004 – New Zealand Exchange Limited (NZX) wishes to announce that Professor Don Trow will chair NZX Discipline and Mr. William Stevens will be the Deputy Chairman.

• NZX extends tender process for indices naming rights

  22 July 2004 – New Zealand Exchange Limited (NZX) has today extended the deadline for organisations wishing to submit tenders in response to the recent NZX Indices RFP to Friday 30 July 2004. The tender period has been extended in response to requests for more time from several interested parties.

• NZX to launch Direct Market Access

  15 July 2004 – New Zealand Exchange Limited (NZX) is pleased to announce that accredited DMA NZX Firms will be able to trade directly into the New Zealand market via Direct Market Access (DMA) from 4 August 2004.

• NZFOX products to list in Third Quarter

  15 July 2004 – New Zealand Exchange Limited (NZX) and the Sydney Futures Exchange (SFE) will be listing the new NZFOX futures product on Tuesday 31 August 2004 and the NZFOX options products on Tuesday 28 September 2004.

• NZX welcomes Dominion Finance Holdings Limited to the NZSX Market

  14 July 2004 – New Zealand Exchange Limited (NZX) is pleased to welcome Dominion Finance Holdings Limited to the NZSX Market today.

• NZX Operating Metrics – June 2004

  New Zealand Exchange Limited (NZX) releases its operating metrics monthly. They are issued on a preliminary basis and are subject to change.

• NZX may sell naming rights to indices

  25 June 2004 – New Zealand Exchange Limited (NZX) has published a Request for Proposal (RFP) today regarding the potential sale of the naming rights to the NZX Indices. The NZX Indices are the internationally recognised performance benchmarks of the New Zealand securities markets and the companies listed on them.

• NZX welcomes APN News and Media Limited to the NZSX Market

  21 June 2004 – New Zealand Exchange Limited (NZX) is pleased to welcome APN News and Media Limited (APN) to the NZSX Market today.

• NZX welcomes Just Water International Limited to the NZAX Market

  15 June 2004 – New Zealand Exchange Limited (NZX) is pleased to welcome Just Water International Limited to the NZAX Market today.

• NZX welcomes Pumpkin Patch Limited to the NZSX Market

  9 June 2004 – New Zealand Exchange Limited (NZX) is pleased to welcome Pumpkin Patch Limited to the NZSX Market today.

• Six-month review shows success signs for NZAX Market

  2 June 2004 – Six months on from its launch, the NZAX Market is showing positive signs of success, a New Zealand Exchange Limited (NZX) review into the alternative market for growing companies shows.

• NZX Bond Indices Launch

  1 June 2004 – New Zealand Exchange Limited (NZX) is pleased to announce that it will take over the calculation of the CSFB New Zealand Government Bond and Bank Bill Indices and the CSFB New Zealand Corporate Bond Indices from today, 1 June 2004. These indices will be known as the NZX New Zealand Government Bond and Bank Bill Indices and the NZX New Zealand Corporate Bond Indices.

• NZX welcomes Mike Pero Mortgages Limited to the NZSX Market

  24 May 2004 – New Zealand Exchange Limited (NZX) is pleased to welcome Mike Pero Mortgages Limited to the NZSX Market today.

• Listing pipeline opens further with 40 NZX Sponsors accredited

  21 May 2004 – New Zealand Exchange Limited (NZX) has accredited Cameron & Co Limited and Ferrier Hodgson & Co as NZX Sponsors. These approvals bring the number of NZX Sponsors to 40.

• NZX introducing new fee schedules from July 1

  14 May 2004 – New Zealand Exchange Limited (NZX) wishes to advise that it will be introducing new fee schedules for Listed Issuers and Market Participants from 1 July 2004.

• NZX announces selection of NZX Discipline members

  10 May 2004 – New Zealand Exchange Limited (NZX) is pleased to announce that the Securities Commission has confirmed the appointment of members of NZX Discipline, a new regulatory body established under the NZX Discipline Rules which came into force on 3 May, 2004.

• NZX Discipline Rules & Listing Rules to become effective from 3 May 2004

  30 April 2004 – New Zealand Exchange Limited (NZX) is delighted to announce that the Minister of Commerce, the Hon Margaret Wilson, has advised that the NZX Discipline Rules and the miscellaneous NZSX and NZDX Listing Rule changes have not been disallowed under the Securities Markets Act 1988.

• NZX clarifies position on CCH Facility and registry initiative

  30 April 2004 –New Zealand Exchange Limited (NZX) would like to confirm that its recent announcement regarding potential development of a commercial registry in New Zealand is entirely unrelated to the Central Clearing House Facility (CCH Facility) that was proposed earlier this year.

• NZX considering options in registry business in New Zealand

  30 April 2004 – In response to speculation in the market, New Zealand Exchange Limited (NZX) wishes to announce that it is assessing the feasibility of entering the commercial registry landscape in New Zealand and competing on an equal footing with other registry providers.

• NZX seeks partner to develop sharemarket education programme

  27 April 2004 – New Zealand Exchange Limited (NZX) is developing a comprehensive education programme tailored to the New Zealand securities markets. The aim of the programme will be to boost the level and quality of sharemarket-related education available to market participants and retail investors.

• ASB Securities to sponsor 2004 NZX Stockmarket Challenge

  22 April 2004 – New Zealand Exchange Limited (NZX) is pleased to announce that ASB Securities Limited will be the exclusive sponsor of the 2004 NZX Stockmarket Challenge.

• NZX welcomes two new NZAX listings

  19 April 2004 – New Zealand Exchange Limited is delighted to welcome Livestock Improvement Corporation Limited and A2 Corporation onto the NZAX Market this week.

• NZX releases first quarter results

  15 April 2004 – New Zealand Exchange Limited (NZX) is pleased to announce its operating result for the quarter ended 31 March 2004.

• NZX extends CCH consultation period

  7 April 2004 – New Zealand Exchange Limited (NZX) wishes to advise all market participants and other interested parties that it has extended the consultation period for submissions on the Central Clearing House proposal from Thursday 8 April until Friday 30 April 2004.

• NZX seeking applications for NZX Discipline and the Appeal Panel

  7 April 2004 - NZX is seeking expressions of interest from people wishing to be considered for appointment as members of NZX Discipline and the Appeal Panel. Both bodies are established under the NZX Discipline Rules which NZX expects will come into force on 3 May 2004, subject to Ministerial approval.

• NZX Markets Easter trading hours

  6 April 2004 – New Zealand Exchange Limited (NZX) wishes to remind all market participants that NZX’s Markets (the NZSX, the NZAX and the NZDX) will be on restricted trading hours over the Easter period.

• NZX appoints Nigel Williams to Board of Directors

  6 April 2004 – New Zealand Exchange Limited (NZX) wishes to announce the appointment of Mr Nigel H. M. Williams to the NZX Board of Directors.

• NZX Participant Rules to become effective from 3 May 2004

  29 March 2004 – New Zealand Exchange Limited (NZX) is delighted to announce that the Minister of Commerce, the Hon Margaret Wilson, has advised that the NZX Participant Rules have not been disallowed under the Securities Markets Act 1988. The new Rules will come into force on 3 May 2004 .

• NZX welcomes Pyne Gould Corporation onto NZSX Market

  29 March 2004 – New Zealand Exchange Limited (NZX) is delighted to welcome Pyne Gould Corporation Limited onto the NZSX Market this week. The Christchurch based financial services firm will commence trading on Tuesday, 30 March and will be the first domestic company to list in 2004.

• NZX announces approval of NZX Futures and Options Rules

  18 March 2004 – New Zealand Exchange Limited (NZX) is pleased to announce that the Securities Commission has approved the NZX Futures and Options Rules which will come into effect on 3 May 2004.

• NZX establishes Head of Regulatory & Public Policy role

  16 March 2004 – New Zealand Exchange Limited (NZX) wishes to announce that Elaine Campbell, formerly NZX General Counsel, will now head NZX’s expanded regulation and policy division, as Head of Regulatory & Public Policy.

• NZX to develop Central Clearing House to ensure market integrity

  10 March 2004 – New Zealand Limited (NZX) is proposing to develop a Central Clearing House (CCH) to better protect and bolster both the robustness and integrity of New Zealand’s securities markets. NZX is seeking comment on its proposal from market participants and interested parties.

• NZX Rules Update

  10 March 2004 – NZX would like to announce that it has submitted the revised NZX Discipline Rules and miscellaneous changes to the NZX Listing Rules to the Minister of Commerce under the disallowance process in Part 2B of the Securities Markets Act 1988. This follows an extensive period of consultation with market participants and considerable redrafting on the part of NZX.

• NZSX 40 Index data

  09 March 2003 – NZX would like to remind all market participants that it will be ceasing publication of the NZSX 40 Index effective from 1 April 2004. The NZSX 40 will also be removed from the NZX Market feed and from end of day reports at this time. This follows the successful introduction of the NZSX 50 Index which has quickly become the primary benchmark for most domestic funds.

• NZX Market Update

  09 March 2004, 1.05pm – New Zealand Exchange Limited (NZX) would like to advise the market that connectivity has been restored between BK Registries and NZX. Trading in securities registered with BK Registries will begin as follows:

• NZX Market Update

  09 March 2004 – New Zealand Exchange Limited (NZX) would like to advise the market that the connectivity between BK Registries and NZX has not been restored. All trading in securities registered with BK Registries will remain halted until further notice.

• NZX Market Update

  09 March 2004 – New Zealand Exchange Limited (NZX) wishes to inform all market participants that there is a connectivity issue with the individual network link between BK Registries Limited and NZX. The issue is currently being investigated by Telecom New Zealand and will be fixed as quickly as possible

• NZX launches NZAX All Index

  1 March 2003 - New Zealand Exchange Limited (NZX) is pleased to announce the introduction of the new NZAX All Index.

• NZX Board Retirement

  25 February 2004 – New Zealand Exchange Limited (NZX) today announced that Bill Trotter has advised the NZX Board that he will not be seeking re-election at the annual meeting scheduled for May this year, and will retire from the board at the conclusion of that meeting.

• NZX releases Futures and Options Rules for public review

  20 February 2004 – New Zealand Exchange Limited (NZX) has published its Futures and Options Rules for public comment as advised on Friday 13 February.

• NZX launches new index for NZFOX futures contract & identifies options contracts

  20 February 2004 – New Zealand Exchange Limited (NZX) wishes to announce the development and introduction of the NZSX 15 index, which will form the basis of the new NZSX 15 Index Futures Contract (the ‘ZIF’). The NZSX15 will join NZX’s benchmark index, the NZSX 50, and NZSX 50 Portfolio Index as the leading NZX indices, and will be published from 1 March 2004.

• NZX launches Advisory Boards to increase transparency & enhance communication

  16 February 2003 – New Zealand Exchange Limited (NZX) wishes to announce the formation and launch of four industry advisory boards – NZX Asset Management Advisory Board, NZX Debt Advisory Board, NZX Futures & Options Advisory Board, and NZX Business Advisory Board.

• NZX to assume regulatory responsibility for futures and options in New Zealand

  13 February 2004 - As announced by the New Zealand Securities Commission and NZX on 17 September 2003, NZX is planning to assume responsibility for frontline regulation of the activity of futures dealers in New Zealand no later than 3 May, 2004. The current agreement will see NZX Regulation meet the requirements for both new and existing futures dealers, and the delivery of a seamless transition once NZFOE withdraws from its current regulatory role in New Zealand.

• NZX Announces Preliminary Financial Results

  10 February 2004 – New Zealand Exchange Limited (NZX) wishes to announce that it recorded a post tax profit (NPAT) of $2.943 million for the year ended 31 December 2003 , compared with a $0.515 million deficit for the 12 months ended June 2002. Earnings per share (EPS) for the year ended 31 December 2003 is 23.2 cents.

• NZX Discipline Rules Update

  5 February 2004 – New Zealand Exchange Limited (NZX) would like to update the market on the submissions process for proposed changes to the NZX Discipline Rules and key areas for further amendment.

• NZX clarifies proposed rule changes

  29 January 2004 – New Zealand Exchange Limited (NZX) wishes to offer the market some clarity regarding the various sets of rule changes currently being proposed by NZX.

• NZX accredits Iguana2 to distribute market depth

  16 January 2004 – New Zealand Exchange Limited (NZX) wishes to announce that Iguana2 Pty Ltd has been accredited to provide market depth to all participants in the New Zealand capital markets.

• NZX announces new market participant structure

  14 January 2004 – New Zealand Exchange Limited (NZX) wishes to advise all market participants that after thoroughly reviewing all submissions, it has sent the proposed new NZX Participant Rules to the Minister of Commerce for review. It is anticipated that the new Rules will be effective from 1 April 2004.

• NZX and ASX Perpetual link up to deliver leading edge registry services to New Zealand

  15 December 2004 – New Zealand Exchange Limited (NZX) and ASX Perpetual Registrars Limited (ASX Perpetual) of Australia today announced that they have formed a joint venture to offer full registry and employee share plan administration services to the New Zealand market.

• Interim liquidator appointed to Access Brokerage Limited

  6 September 2004 – New Zealand Exchange Limited (NZX) wishes to advise the market that upon the application of NZX, the Court has appointed Michael Stiassny and Brendon Gibson of Ferrier Hodgson & Co interim liquidators of Access Brokerage Limited (Access).

• NZX announces purchase of ETFs and launch of Smartshares

  10 August 2004 – NZX Funds Management Limited (NZXFM), a wholly owned subsidiary of New Zealand Exchange Limited (NZX), has today taken over the operation and management of the NZ MidCap Index Fund (MIDZ), an exchange traded fund, from ABN AMRO Craigs Limited.

• NZX releases further details on Preliminary Half Year Financial Results

  29 July 2004 – New Zealand Exchange Limited (NZX) wishes announce that it has provided additional details from its preliminary half year results for the six months ended 30 June 2004.