FY2018 EBITDAF guidance lifted to $540 million

FY2018 EBITDAF guidance lifted to $540 million 17 April 2018 - Mercury announced today that it has lifted its FY2018 EBITDAF guidance from $530 million to $540 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 4,700 GWh for the financial year, or 700 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:00316818 For:MCY Type:MKTUPDTE Time:2018-04-17 08:31:21