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

NZX Regulation (NZXR) refers to its earlier announcement concerning Access Brokerage Limited (ACBW) being declared a Defaulter and advises that NZX has determined the market price for the Securities the subject of incomplete and/or partially incomplete contracts with ACBW as follows:

SECURITY PRICE PRICE PER 100
AFF .40990675
AIA 7.1232301 axxess
ALF 1.94
ANZ 19.774443
APF .023
BCN 1.3
BLT .14447775
BOZ .095
CAH 2.3514992
CEN 5.8586762
DPC 2.8966667
DPCWA 1.15
DPCWB 1.25
DTL 1.4491974
FBU 5.1612022
FCGHA 1.0775255
FCT 4.7
FPA 4.2208456
FRE 2.4909925
FTX 1.6710009
GFL010 8.35 104.84797
GFL020 9.5 103.01987
GPG 1.9706806
GRD 2.35
HGD .101
HLG 3.4235817
IFT 3.1010714
ING 1.0999848
KFLWA .16452263
KIP 1.0590812
MET 2.65
MFT 2
MGP 1.01
NGC 3.0290856
NGC110 6.81 100.11137
NOG .73852906
NOGOC .23248345
NPX 5.11503
NZE .324
PBG 2.9212
PMN 4.6995593
POA 6.9753517
POT 5.1496035
PPG .97351536
PPL 1.7735324
PPP .1507592
PRG 2.0090868
PUR .0268
PVO .60103448
PWC 2.0538776
PWC010 7 101.09413
PWC020 7.5 101.90402
RBD 1.3140318
RHD020 9.85 100.09437
RYM 3.1501946
SAN 4.3748425
SCY .71
SKC 4.3089674
SKX 1.2046256
SKY 5.2773115
SOE 1.42
STU 4.6220941
TEL 5.6713022
TEN 1.983538
TENPA 1.98
THL 1.8740472
TPW060 8.1 102.521231
TRH 2.313934
TWR 1.9456287
URB .99773478
WAM 4.9655742
WHS 4.59715
WPT 17.732788
ZIN 1.38

Further to NZXR's earlier announcement NZX notes that the prices set out above are VWAP at close of trading on Friday 3 September 2004, for all Securities that traded on that day. With respect to those Securities that did not trade on Friday 3 September 2004 the NZX determined market price is the last traded price of that Security on the last day that that Security traded. For Securities that are bonds, the yield is given in the price column, and the price per $100 of a trade is given in the price per 100 column where that trade took place on 3 September 2004 for settlement on 10 September 2004.

If any Market Participant is a party to an uncompleted contract with ACBW in relation to a Security not specified in the above list that Market Participant should immediately contact Listed Comany Relations ( lcr@nzx.com ) telephone 04 495 2803.

For more information, please contact:

Bridgit Vivian
New Zealand Exchange Limited
04-496-2874
027-472-7599