TEL
29/05/2012 08:30
BUYBACK
REL: 0830 HRS Telecom Corporation of New Zealand Limited
BUYBACK: TEL: Daily Buyback Notice
TRISTAN GILBERTSON
Group General Counsel & Company Secretary
Market Information Services Section
NZX Limited
Wellington
29 May 2012
NOTIFICATION OF ACQUISITION OF SECURITIES
For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, this
notice concerns those securities in Telecom Corporation of New Zealand
Limited ("Telecom") that have been acquired on market by Telecom on 28 May
2012.
Details of the acquisition are as follows:
a) Security Acquired Ordinary Shares
ISIN NZTELE0001S4
b) Number of securities acquired
1,500,000
c) Average consideration per security acquired
2.5379
d) Payment type
Cash Payment
e) Any amount paid up (if not in full) Not applicable
f) Percentage of total securities acquired
0.0791%
g) Reason for acquisition Return of surplus capital to shareholders
h) Specific authority for the acquisition
Directors' Resolution
i) Any terms of the acquisition
Not applicable
j) Total number of securities after acquisition
1,894,366,662
k) Intentions for shares acquired
Cancellation
l) Date of acquisition
28 May 2012
Yours faithfully
Tristan Gilbertson
Group General Counsel & Company Secretary
End CA:00223340 For:TEL Type:BUYBACK Time:2012-05-29 08:30:06
Price at posting:
$2.56 Sentiment: None Disclosure: Held
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