MEDIA RELEASE: 24 March 2006
CHANGE OF DIRECTORS FOR MIKE PERO MORTGAGES
The board of Mike Pero Mortgages Limited (MPM) has announced the appointment of Peter Huljich, Richard Waddel and Pat
O'Connor as directors of the company. Each of the three new directors are nominees of New Zealand Finance Holdings
Limited which now owns 74.7% of MPM.
The company also announced that George Gould and Kevin Arscott, both representing former major shareholder Gould
Holdings, have resigned from the board.
The incumbent directors are Abigail Foote and Mike Pero, both of whom are independent directors.
Mr Gould said that it was appropriate that the board now reflected the fact that there had been a change in major
shareholder and the company could now move forward.
"The new board is now in a position to oversee the continued growth and development of the Mike Pero Mortgages
business," he said.
ENDS