FY2019 EBITDAF Guidance of $515 million confirmed

FY2019 EBITDAF Guidance of $515 million confirmed Mercury confirmed today its FY2019 EBITDAF guidance of $515 million. This reflects: > the sale of the Metrix business from 1 March 2019 lowering EBITDAF by $10 million; > an expected 50 GWh decrease in full year hydro generation to 4,150 GWh due to drier weather in the Taupo catchment in H1-FY2019; and > favourable trading conditions from higher spot prices in Q2-FY2019. 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:00329710 For:MCY Type:MKTUPDTE Time:2019-01-23 08:30:38