FY2020 EBITDAF guidance revised to $480 million

26 June 2020 - Mercury announced today that it has revised its FY2020 EBITDAF guidance from $490 million to $480 million. This reflects an expected 100 GWh decrease in full year hydro generation to 3,700 GWh due to continued dry weather conditions in the Taupo catchment in FY2020. Guidance may change and remains subject to any material events or other unforeseen circumstances. ENDS For further information: Media - Craig Dowling 021 615 663 Investors - Tim Thompson 0275 173 470 End CA:00355266 For:MCY Type:MKTUPDTE Time:2020-06-26 08:31:01