Auckland Airport intends to make follow-up public bond offer

Auckland International Airport Limited (Auckland Airport) is considering following up the bond issue that closed in November 2008 by making a new public offer of $50 million of bonds.

The bonds will be direct, unsecured, unsubordinated debt obligations of the Issuer. The bonds will have a maturity date of 28 February 2014. The fixed rate of interest applying to the bonds will be announced before the issue opens.

It is expected that full details of the offer will be released and the offer will open during January 2009. The offer may remain open until 31 March 2009 or such earlier date that the Issuer may determine.

No money is currently being sought and no applications for the bonds will be accepted or money received unless the subscriber has received an investment statement.

Auckland Airport is seeking preliminary indications of interest. Indications of interest should be made to your financial adviser. No indication of interest will involve an obligation or commitment of any kind.