Ann: S/HOLDER: HBY: Hellaby Holdings Limited - Sh

• Release Date: 10/04/13 16:56
• Summary: S/HOLDER: HBY: Hellaby Holdings Limited - Share Purchase Plan
• Price Sensitive: No
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HBY
10/04/2013 14:56
S/HOLDER

REL: 1456 HRS Hellaby Holdings Limited

S/HOLDER: HBY: Hellaby Holdings Limited - Share Purchase Plan

HELLABY HOLDINGS LIMITED - NZX / Media Release: 10 April 2013

Hellaby Holdings Limited Share Purchase Plan

Hellaby Holdings Limited ("Hellaby") is pleased to provide eligible
shareholders (see note 1) with the opportunity to participate in a Share
Purchase Plan ("SPP").

The SPP is part of Hellaby's equity raising initiative announced on 27 March
2013. Hellaby is raising $10 million through the SPP, which will be in
addition to the $40 million already raised by Hellaby under a targeted
placement to institutional and other qualified investors which was announced
on 27 March 2013 ("Placement").

The successful Placement to institutional and other qualified investors is a
testament to the performance of the company over recent years and comes at a
time when Hellaby is commencing a growth phase through acquisitions.

Eligible shareholders (see note 1) may apply for shares up to a maximum value
of $15,000, subject to a minimum application amount of $500, in the following
parcels: $500, $1,000, $2,000, $5,000, $10,000 or $15,000 at the lower of:

- $2.95, being the price paid by investors in the Placement ($3.00), less the
amount of the interim dividend ($0.05) to be paid to shareholders on 19 April
2013; and

- the average end of day market price of Hellaby shares traded on the NZX
Main Board, calculated over the period of five business days up to and
including the closing date for the SPP.

Details of the terms and conditions of the offer under the SPP, and how
shareholders can participate in it, are contained in the SPP booklet.

(Note 1: Eligible shareholders are all persons who are recorded in Hellaby's
share register at 5:00pm on 8 April 2013 as being a holder of shares in
Hellaby and having an address in New Zealand.)

ENDS

For further information please contact:

John Williamson
Chief Executive Officer
Hellaby Holdings Limited
Phone: 09 307 6844
Mobile: 021 271 4960

Richard Jolly
Chief Financial Officer
Hellaby Holdings Limited
Phone: 09 307 6844
Mobile: 027 497 6710

About Hellaby Holdings: www.hellabyholdings.co.nz

Hellaby Holdings ('Hellaby') is an NZX-listed investment holding company,
which owns a diversified portfolio of New Zealand and Australian industrial,
distribution and retail businesses.

Our vision is to be a leading Australasian investor, based on the value we
add to our portfolio, the returns we deliver to our shareholders and the
calibre of our people. Hellaby will generate attractive long-term shareholder
value through a combination of performance improvement and organic growth in
the businesses we own, and through smart acquisitions and divestments. We
describe this strategy simply as 'Buy, Build, Harvest'. We seek to generate
total shareholder returns superior to the NZX50 Gross Index.

We have a variable investment horizon, and our portfolio will evolve over
time. We actively manage our investments through a lean corporate office, and
decentralise leadership and performance accountabilities to our companies.
End CA:00235058 For:HBY    Type:S/HOLDER   Time:2013-04-10 14:56:41