Hydrocracker Shutdown Update

Further to the Company's announcement on the 26th June 2018, we expect the hydrocracker to produce on specification fuels by the middle of next week. The Net Profit After Tax impact is expected to be in the range of $5 million to $7 million. ENDS. Further information: Greg McNeill Communications and External Affairs Manager T: 094325115; M: 021 873623; E: greg.mcneill@refiningnz.com End CA:00320138 For:NZR Type:MKTUPDTE Time:2018-06-29 10:10:01