Additional Comments Made By Fairfax On NZSX Deal

Additional comments made by Fairfax Media on the launch of the new NZX service

Statement made by David Gadd, Managing Editor - Business

NZX and Fairfax Media have introduced a new, world class, ground breaking information and news service.

The content and functions available through nzx.com have been achieved through collaboration, and the sharing of intellectual property, and the expertise and capabilities of our respective companies.

Combined with the business news services we offer through our newspapers and online services, nzx.com takes business news coverage to levels never before available in New Zealand.

For investors, what is critical is accessing factual information, obtaining insights into the relevance of developments, immediacy and considering potential downstream outcomes.

nzx.com will focus on news relating to publicly listed companies, economic news and managed funds.

When combined with broader business and background stories we will continue to deliver through stuff.co.nz, the web sites of our mastheads, The Independent Financial Review and newspapers that use Business Day content, Fairfax Media will deliver the most comprehensive business news coverage ever generated within New Zealand.

All visitors to nzx.com will have free access to the news and information provided, including archival stories as the library of information builds. Links will also direct readers to similar or other relevant stories.

Dedicated staff within our online business news bureau will constantly update news stories throughout the trading day.

Statement made by Stephen Smith, Group Head of Digital

nzx.com has been built and will be hosted by Fairfax Media Digital.

New and improved features on the site include state of the art search and navigational tools, inter-active charting tools integrated with news items, and decision making tools that can be customised including watch lists, tracking tools and email alerts

One of the more innovative features will allow users to investigate what relevant information was in the news at the time when price movements occurred.

Statement made by Sandra King, Group Advertising and Marketing Manager

nzx.com will become an integral part of the New Zealand business landscape. It will be a ‘must visit’ site for those who rely on business information to perform their job, and the retail investing public.

The previous NZX site attracted 82,000 unique browsers monthly, with many of them visiting to make investment decisions on the market.

The combination of share prices, company announcements and business news on the one site will attract far greater visitor numbers than in the past.

Fairfax Media will market a range of on-screen advertising opportunities to those that wish to reach this important, influential audience.

ENDS

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