Ann: CREDIT: MRP: S&P reaffirms BBB+ corporate credit rating

• Release Date: 07/05/15 17:29
• Summary: CREDIT: MRP: S&P reaffirms BBB+ corporate credit rating
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					MRP
07/05/2015 17:29
CREDIT
PRICE SENSITIVE
REL: 1729 HRS Mighty River Power Limited (NS)

CREDIT: MRP: S&P reaffirms BBB+ corporate credit rating

S&P reaffirms Mighty River Power's BBB+ corporate credit rating

Ratings agency Standard & Poor's has confirmed Mighty River Power's corporate
credit rating as BBB+/Stable in a report published today.

Mighty River Power CFO, William Meek, said the Company targets an investment
grade long-term credit rating of BBB+ as a prudent and sustainable capital
structure. The Company receives a one-notch uplift from its stand-alone
rating of 'bbb', reflecting the legislated majority ownership by the Crown.

ENDS

For further information:

David Glendining
Head of Communications
T 0272 105 337

Anna Hirst
Head of Investor Relations
T 0275 173 470
End CA:00264075 For:MRP    Type:CREDIT     Time:2015-05-07 17:29:48