Meridian Energy monthly operating report for August 2018

Attached is Meridian Energy Limited's monthly operating report for the month of August 2018. Highlights this month include: ? In the month to 10 September 2018, national hydro storage decreased from 116% to 94% of historical average ? South Island storage sat at 86% of average and North Island storage at 124% of average on 10 September 2018 ? Meridian's August 2018 monthly total inflows were 82% of historical average ? Meridian's Waitaki catchment storage at the end of August 2018 was 113% of historical average ? Storage in Meridian's Waiau catchment was below average at the end of August 2018 ? National electricity demand in August 2018 was 1.3% higher than the same month last year ? August 2018 saw warmer than average temperatures across much of New Zealand, with below average rainfall for the South Island ? Meridian's retail sales volumes in August 2018 were the same as August 2017 End CA:00323846 For:MEL Type:MKTUPDTE Time:2018-09-14 08:30:10