Air New Zealand Business Review Update

Air New Zealand has today announced the outcome of the business review that was announced to the market on 30 January 2019. Attached to this market disclosure are the related media release and investor presentation. A conference call for investors and analysts will be hosted by Christopher Luxon (Chief Executive Officer) and Jeff McDowall (Chief Financial Officer) today at 1:00pm NZDT and can be accessed in the following ways: o Live via webcast. To register for the webcast, please click here. o Live via telephone (for "listen-only" participants and those who would like to ask a question): Conference ID: 761189 New Zealand Toll Free: 0800 453 055 NZ Local (Auckland): 09 929 1687 NZ Local (Wellington): 04 974 7738 NZ Local (Christchurch): 03 974 2632 Australia Toll Free: 1 800 558 698 Alternate Australia Toll Free: 1 800 809 971 Australia Local: 02 9007 3187 United States: (855) 881 1339 United Kingdom: 0800 051 8245 China Wide: 4001 200 659 Hong Kong: 800 966 806 Japan: 0053 116 1281 Singapore: 800 101 2785 o A replay via webcast will be accessible later in the day through the Investor Centre section of Air New Zealand's website: https://www.airnewzealand.co.nz/investor-centre Please contact Leila Peters via email at leila.peters@airnz.co.nz or +64 9 336 2607 if you have any questions. Ends. End CA:00332590 For:AIR Type:GENERAL Time:2019-03-28 08:31:28