Ann: GENERAL: TEL: Telecom establishes committed

• Release Date: 15/03/13 12:21
• Summary: GENERAL: TEL: Telecom establishes committed revolving facility
• Price Sensitive: No
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TEL
15/03/2013 10:21
GENERAL

REL: 1021 HRS Telecom Corporation of New Zealand Limited

GENERAL: TEL: Telecom establishes committed revolving facility

STOCK EXCHANGE ANNOUNCEMENT
15 March 2013

Telecom establishes committed revolving facility

Telecom has today announced that TCNZ Finance Limited has established a five
year, NZ$100 million, committed revolving facility with The Bank of
Tokyo-Mitsubishi UFJ, Ltd.

The proceeds of the facility will be used to refinance debt and for general
corporate purposes.

- ends -

For more information:
Mark Laing
General Manager Capital Markets & Investor Relations
+64 (0)27 227 5890
End CA:00234161 For:TEL    Type:GENERAL    Time:2013-03-15 10:21:33