New Zealand: Bonds qualifying for reduced 0% AIL on interest

07.06.2012

Further to our Announcement A12102, dated 22 May 2012, concerning the Approved Issuer Levy (AIL) rate on interest, which has been reduced to 0% for certain “qualifying” bonds, we are pleased to provide Clearstream Banking1 customers with a list2 of the securities that qualify for the 0% rate:

NZANBD0005S9NZFCGDG002C1NZTPWDT009C0NZTPWDT100C7NZTCND0033S9
NZANBD0006S7NZGMBDT001C0NZTPWD0006S8NZTCND0027S1NZTCND0031S3
NZANBD0008S3NZNPXD0002S8NZTPWDT080C1NZTCND0028S9NZTCND0034S7
NZBNZD0001S5NZTPWD0002S7NZTPWDT090C0NZTCND0030S5NZWKSDT001C3
NZFCGDG001C3----

Note: This list was obtained from our local depository and is provided here for information purposes only. We do not guarantee that this information is complete or accurate. Clearstream Banking does not assume liability for any damages, direct or indirect, that may arise from the reliance on or the use of this information.

Impact on customers

Eligible non-resident beneficial owners who have elected for the AIL to apply may, upon submission of the required documentation, benefit from the 0% rate on future interest payments paid on the qualifying securities.

Customers will be informed of the applicable withholding tax rate via the notification message sent before the respective income payment.

We continue to monitor the situation and will provide additional information as soon as it is available.

Further information

For further information, please contact the Clearstream Banking Tax Help Desk on:

LuxembourgFrankfurt
Email:tax@clearstream.comtax@clearstream.com
Telephone:+352-243-32835+49-(0) 69-2 11-1 3821
Fax:+352-243-632835+49-(0) 69-2 11-61 3821

or Clearstream Banking Customer Service or your Relationship Officer.

1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in the Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500 (CBF) and Clearstream Banking, société anonyme, registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).
2. From Computershare Investor Services Ltd, registrar for the securities.

Note: This document is a Governing Document as defined in Clearstream Banking’s General Terms and Conditions and can be amended from time to time as per Article 62 of Clearstream Banking’s General Terms and Conditions.

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