FY2018 EBITDAF guidance lifted to $530m

FY2018 EBITDAF guidance lifted to $530m 24 January 2018 - Mercury announced today that it has lifted its FY2018 EBITDAF guidance from $515 million to $530 million. This is due to an expected 150 GWh increase in full year forecast hydro generation due to continued wet weather in the Taupo area. Annual hydro generation is now forecast to be 4,550 GWh for the financial year, or 550 GWh above average. Guidance may change and remains subject to any material events, significant one-off expenses or other unforeseeable circumstances including changes in hydrological conditions. ENDS For further information: Media - Craig Dowling 0272 105 337 Investors - Tim Thompson 0275 173 470 End CA:00313338 For:MCY Type:MKTUPDTE Time:2018-01-24 08:30:08