Director Resignation – James Carmichael

The Board of Vector Limited advises that it has received a notice of resignation from Director James Carmichael to take effect after the next meeting of the Vector Board which is scheduled to take place prior to Vector's annual meeting on Monday, 12 November 2018. The resignation follows the results of the Entrust elections and James Carmichael ceasing to be a trustee of Entrust, Vector's majority shareholder. Vector's Chairman, Michael Stiassny, expressed his thanks to James for his valuable service as a Director over the past ten years. ENDS About Vector Vector is New Zealand's leading multi-network infrastructure company which delivers energy and communication services to more than one million homes and businesses across the country. Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.1%, is Entrust. For further information, visit www.vector.co.nz Contact MEDIA QUERIES: Richard Llewellyn External Relations Mobile 027 523 2362 ANALYST QUERIES: Dan Molloy Chief Financial Officer 64-9-213-5179 Mobile 021-441-311 End CA:00326186 For:VCT Type:ADMIN Time:2018-11-01 13:48:40