Infratil Update Newsletter

Infratil Limited (IFT) | 4:15 pm, Monday 13 October 2008

IFT
1.780
0.020
(+1.14%)
Market Announcement
Type:S/HOLDER

Attached is Infratil's biannual Update.

10 weeks after its launch 30,000 Wellingtonians are making low-value payments (such as for a bus ride) with Snapper, which by this time next year may be widely available around New Zealand.

This Update explains Snapper and why Infratil, a utility company, is backing a payment card.

The Update is being posted out to shareholders.

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