AIR
18/09/2012 08:30
SSH
REL: 0830 HRS Air New Zealand Limited (NS)
SSH: AIR: SSH - Allan Gray Australia Pty Ltd (formerly Orbis)
Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
To: New Zealand Stock Exchange, Australian Securities Exchange
And: Air New Zealand Limited
Date this disclosure made: 17 September 2012
Date last disclosure made: 16 September 2011
Substantial security holder(s) giving disclosure
Name(s): Allan Gray Australia Pty Ltd (formerly Orbis Investment Management
(Australia) Pty Ltd) (Allan Gray Australia) and its related bodies corporate
as set out in Table 1 of Annexure A (together Orbis Group), as investment
manager for the funds or investment mandates listed at Table 2 of Annexure A.
Contact details: Eugene Tan, +612 8224 8627, [email protected]
Date on which substantial security holder(s) ceased to have substantial
holding: 13 Sept 2012
Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares
Summary for: Orbis Group
For last disclosure,-
(a) total number held in class: 54,605,617
(b) total in class: 1,091,519,376
(c) total percentage held in class: 5.00%
For current holding after ceasing to have substantial holding:
(a) total number held in class: 54,779,590
(b) total in class: 1,099,707,174
(c) total percentage held in class: 4.98%
Details of transactions and events giving rise to person ceasing to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form: See Annexure B - Trades on market unless otherwise
specified. The change in relevant interest was largely triggered by the
Company's increased number of shares in issue following its dividend
reinvestment plan in March 2012.
Additional information
Nature of connection between substantial security holders: As investment
manager for the funds or investment mandates listed at Table 2 of Annexure A
that hold Air New Zealand's ordinary shares as set out in Annexure B.
Address(es) of substantial security holder(s): C/- Allan Gray Australia,
Level 2 Challis House, 4 Martin Place Sydney, NSW 2000
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Act in relation to the securities to which
this disclosure relates: N/A
Declaration
I, Simon Marais, Director of Allan Gray Australia, declare that, to the best
of my knowledge and belief, the information contained in this disclosure is
correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
End CA:00227395 For:AIR Type:SSH Time:2012-09-18 08:30:03
