Ann: GENERAL: PGC: Market Update from Pyne Gould

• Release Date: 02/05/12 10:30
• Summary: GENERAL: PGC: Market Update from Pyne Gould Corporation Ltd
• Price Sensitive: No
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PGC
02/05/2012 08:30
GENERAL

REL: 0830 HRS Pyne Gould Corporation Limited

GENERAL: PGC: Market Update from Pyne Gould Corporation Ltd

Notice to NZX
1 May 2012

Market Update from Pyne Gould Corporation Ltd:

The Financial Markets Authority ("FMA") has made a statement that it has made
inquiries over related party transactions involving PGC over the past two
weeks. We are co-operating with the FMA in its inquiries. At this time, we
are unable to comment further.

For more information, please contact:

Bryan Mogridge
Phone 021 931 355
End CA:00222413 For:PGC    Type:GENERAL    Time:2012-05-02 08:30:04