Ann: TAKEOVER: NZE: COMPULSORY ACQUISITION, SUSPE

• Release Date: 19/02/13 16:19
• Summary: TAKEOVER: NZE: COMPULSORY ACQUISITION, SUSPENSION OF QUOTATION & DELISTING
• Price Sensitive: No
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NZE
19/02/2013 14:19
TAKEOVER

REL: 1419 HRS New Zealand Experience Limited

TAKEOVER: NZE: COMPULSORY ACQUISITION, SUSPENSION OF QUOTATION & DELISTING

19 February 2013

COMPULSORY ACQUISITION, SUSPENSION OF QUOTATION AND DE-LISTING

Rangatira Limited's full takeover offer for New Zealand Experience Limited
(NZSX: NZE), which closed on 15 February 2013, resulted in Rangatira
acquiring over 90% of the shares in New Zealand Experience.

As permitted by the Takeovers Code, Rangatira has today given an Acquisition
Notice advising that it will compulsorily acquire the remaining shares in New
Zealand Experience at 36 cents per share.

As a consequence, the Committee of Independent Directors will request that
NZX suspend quotation of New Zealand Experience's shares with effect from 26
February 2013 (being the date that is five business days after today) and
will also request that NZX de-list New Zealand Experience.

Rodney Walshe
?Chairman of the Board and of the Independent Committee?
021 630 777
End CA:00233116 For:NZE    Type:TAKEOVER   Time:2013-02-19 14:19:10