NZR 0.00% 0.0¢ the new zealand refining company limited

Ann: GENERAL: NZR: Margin Update

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    					NZR
    24/03/2016 15:28
    GENERAL
    PRICE SENSITIVE
    REL: 1528 HRS The New Zealand Refining Company Limited
    
    GENERAL: NZR: Margin Update
    
    This is to inform the market that we have experienced operational issues with
    the hydrocracker unit resulting in the identification of a modest amount of
    emergent repair.  The repairs will be undertaken concurrently with the
    upcoming shutdown.   The estimated impact on processing fee revenue is in the
    order of NZ$7-$8 million.
    
    ENDS
    
    For further information:
    Greg McNeill
    Communications and External Affairs Manager
    T: 094325115; M: 021 873623; E: [email protected]
    End CA:00279869 For:NZR    Type:GENERAL    Time:2016-03-24 15:28:05
    				
 
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Currently unlisted public company.

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