Ann: GENERAL: SPK: TGA Cable Construction Confirmed

• Release Date: 18/12/14 10:19
• Summary: GENERAL: SPK: TGA Cable Construction Confirmed
• Price Sensitive: No
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					SPK
18/12/2014 10:19
GENERAL
PRICE SENSITIVE
REL: 1019 HRS Spark New Zealand Limited

GENERAL: SPK: TGA Cable Construction Confirmed

MARKET RELEASE

18 December 2014

TGA CABLE CONSTRUCTION CONFIRMED

Spark New Zealand announced today that the three telecommunications companies
planning to build a new submarine cable between New Zealand and Australia
have confirmed their investment and a commencement of the project in early
2015.

Spark New Zealand, Vodafone and Telstra will invest approximately USD $70
million on the new Tasman Global Access (TGA) Cable, which will significantly
improve New Zealand's international broadband connectivity and resilience.

Spark New Zealand is contributing around USD $32 million.

Further details of the partnership are outlined in a joint media release from
Spark New Zealand and Vodafone. A copy of this release is attached.

- ENDS -

For media queries, please contact:

Richard Llewellyn
Head of Corporate Communications
+64 (0) 27 523 2362

For investor relations queries, please contact:

Mark Laing
General Manager Corporate Finance
+64 (0) 27 227 5890
End CA:00259084 For:SPK    Type:GENERAL    Time:2014-12-18 10:19:45