Ann: ALLOT: TEL: Allotment of Securities

• Release Date: 26/01/12 12:29
• Summary: ALLOT: TEL: Allotment of Securities
• Price Sensitive: No
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TEL
26/01/2012 10:29
ALLOT

REL: 1029 HRS Telecom Corporation of New Zealand Limited

ALLOT: TEL: Allotment of Securities

TRISTAN GILBERTSON
Group General Counsel & Company Secretary

Market Information Services Section
NZX Limited
Wellington

26 January 2012

NOTIFICATION OF ALLOTMENT OF SECURITIES

For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, Telecom
Corporation of New Zealand Limited advises the following securities have been
issued pursuant to the Telecom Share Rights Scheme:

a) Class of Security Ordinary Shares
ISIN NZTELE0001S4

b) Number Issued
 8,149
c) Issue Price
 Nil
d) Payment terms
 n/a
e) Amount Paid Up In Full
f) Percentage of total class issued
 0.00042%

g) Reason for issue Exercise of share rights pursuant to the Telecom Share
Rights Scheme

h) Authority for issue
 Telecom Share Rights Scheme
i) Terms of Issue
 The shares rank pari passu with the existing ordinary shares

j) Total number of securities after issue
 1,925,417,729
l) Date of issue
 25 January 2012

Yours faithfully

Tristan Gilbertson
Group General Counsel & Company Secretary
End CA:00218880 For:TEL    Type:ALLOT      Time:2012-01-26 10:29:57