FY2021 EBITDAF guidance revised to $505 million

24 September 2020 - Mercury announced today that it has revised its FY2021 EBITDAF guidance from $515 million to $505 million. This reflects an expected 200 GWh decrease in full year hydro generation to 3,700 GWh due to dry weather conditions in the Taupo catchment in FY2021 to date. Guidance may change and remains subject to any material events, significant one-off expenses or other unforeseen circumstances including changes to hydrological conditions. ENDS For further information: Media - Craig Dowling 0272 105 337 Investors - William Meek 0275 173 470 End CA:00360293 For:MCY Type:MKTUPDTE Time:2020-09-24 08:31:03