KMD
27/11/2014 15:13
SSH
NOT PRICE SENSITIVE
REL: 1513 HRS Kathmandu Holdings Limited

SSH: KMD: SSH Notice - New Zealand Superannuation Fund Nominees Ltd

Disclosure of beginning to have substantial holding
Section 22, Securities Markets Act 1988

To: NZX
And: Kathmandu Holdings Ltd
Date this disclosure made: 27 November 2014

Substantial security holder(s) giving disclosure
Name(s): New Zealand Superannuation Fund Nominees Limited as nominee for the
New Zealand Superannuation Fund being property of Her Majesty the Queen in
right of New Zealand and managed by the Guardians of New Zealand
Superannuation
Contact details: Peter Bennie
     Ph: +64 9 300 6980
     E-mail:  pbennie@nzsuperfund.co.nz
Date on which substantial security holder(s) began to have substantial
holding: 25 November 2014.

Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares, ISIN NZKMDE0001S3
Summary for: New Zealand Superannuation Fund Nominees Limited as nominee for
the New Zealand Superannuation Fund being property of Her Majesty the Queen
in right of New Zealand and managed by the Guardians of New Zealand
Superannuation
For this disclosure,--
(a) total number held in class: 10,301,016
(b) total in class: 201,318,944
(c) total percentage held in class: 5.117% (Note relevant interests held
by Managers as follows: State Street Global (0.009%); New Zealand
Superannuation Fund (3.681%); Milford Asset Management (1.426%))

Details of transactions and events giving rise to person beginning to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:  New Zealand Superannuation Fund purchased 150,000
shares on 25 November 2014 and Milford Asset Management purchased 162,950
shares on 25 November 2014.

Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): Level 12, Zurich House, 21
Queen Street, Auckland 1010, New Zealand

Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Act in relation to the securities to which
this disclosure relates: N/A

Declaration
I, Peter Bennie, declare that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I am duly
authorised to make this disclosure by all persons for whom it is made.
End CA:00258196 For:KMD    Type:SSH        Time:2014-11-27 15:13:29


                        
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