Ann: DIVIDEND: DOW: Works Finance (NZ) Limited RO

• Release Date: 17/06/13 15:01
• Summary: DIVIDEND: DOW: Works Finance (NZ) Limited ROADS Rate Set
• Price Sensitive: No
• Download Document  1.44KB

					

DOW
17/06/2013 13:01
DIVIDEND

REL: 1301 HRS Downer EDI Limited

DIVIDEND: DOW: Works Finance (NZ) Limited ROADS Rate Set

Media/ASX and NZX Release
17 June 2013

Works Finance (NZ) Limited ROADS Rate Set

Downer EDI Limited and Works Finance (NZ) Limited (previously known as Works
Infrastructure Finance (NZ) Limited) wish to advise that in accordance with
the terms of the ROADS preference shares, the Dividend Rate on the ROADS
preference shares for the period 15 June 2013 to the next reset date, being
15 June 2014, is 6.82% per annum payable quarterly in arrears. This figure
is equal to the One Year Swap Rate on 17 June 2013, plus the Step-up Margin
of 4.05% per annum.

It is the intention that Dividends will continue to be fully imputed.

Holders are not required to undertake any action.

Should you require any further information regarding the above please refer
to the Prospectus, your financial or professional advisor or your nominated
NZX firm.

For further information please contact:

Michael Sharp, Group Head of Corporate Affairs and Investor Relations  +61
439 470145

Downer EDI Limited (www.downergroup.com) provides comprehensive engineering
and infrastructure management services to the public and private Minerals &
Metals, Oil & Gas, Power, Transport Infrastructure, Telecommunications, Water
and Property sectors across Australia, New Zealand and the Asia Pacific
region.
End CA:00237483 For:DOW    Type:DIVIDEND   Time:2013-06-17 13:01:10