F and P Board Says Take No Action at This Stage

Fisher & Paykel Appliances Holdings Limited

FPA Stock Exchange Release ASX/NZX 26 September 2012

FPA RECEIVES NOTICE OF DESPATCH OF OFFER DOCUMENT FROM HAIER AND ADVISES SHAREHOLDERS TO TAKE NO ACTION AT THIS STAGE

Fisher & Paykel Appliances Holdings Limited has today received a notice of despatch of offer document from Haier New Zealand Investment Holding Company Limited, a wholly-owned subsidiary of FPA’s 20% shareholder, Haier (Singapore) Management Holding Co. Pte Limited. A copy of the Notice and Offer Document is attached.

Your Independent Board of Fisher & Paykel Appliances confirms its advice set out in its letter to shareholders earlier this week:

Take no action in relation to this offer at this stage.

In around 14 days, Fisher & Paykel Appliances will send you the Company’s response to Haier’s offer (in the form of a Target Company Statement). This should be sent to you around 10 October 2012.

Important information will be contained in this Target Company Statement that you should consider before you decide what to do in relation to Haier’s offer. It will include an Independent Report on the merits of the offer. This is being prepared by Grant Samuel, Independent Expert Advisors, retained to prepare this report for Shareholders.

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