Refinery shutdown update

The overall shutdown is progressing well with the total refinery shut phase completed to plan. Of the five distinct work fronts four are on plan . Some emergent maintenance work has been identified over the weekend in the hydrocracker work front. This means that the 39 day shut phase of the hydrocracker unit will be extended to around 48 days in total. The impact of the emergent work is a reduction in NPAT of around $5-$7 million and in throughput of around 500,000 barrels. Further information: Greg McNeill Communications and External Affairs Manager T: 094325115; M: 021 873623; E: greg.mcneill@refiningnz.com End CA:00318569 For:NZR Type:MKTUPDTE Time:2018-05-28 12:12:57