Origin Energy : CEN - Allotment of CEN020 Bonds and Acquisition of CEN010 Bonds

Issuer

Contact Energy Limited

Class of securities

Unsecured, unsubordinated, fixed rate debt securities

ISIN

NZCEND0020L3

Security code

CEN020

Number of CEN020 bonds allotted

211,859,334

Issue Price

$1.00 per bond

Interest Rate

5.80% per annum

Payment in cash

Yes - only applicable for new subscribers

Any amount paid up (if not in full)

Bonds have been fully paid up

Principal terms of the securities

Unsecured, unsubordinated fixed rate debt securities with a maturity date of 15 May 2019

Percentage of the total class of CEN020 bonds allotted

100%

Reasons for the allotment

Applications received and processed under the Simplified Disclosure Prospectus (SDP) registered on 18 February 2014

Specific authority for the allotment

Resolution of directors dated 17 February 2014

Terms or details of the allotment

First allotment under the SDP registered on 18 February 2014

Total number of CEN020 bonds in existence after the allotment

211,859,334

Date of allotment

20 March 2014

Issuer

Contact Energy Limited

Class of securities

Unsecured, unsubordinated, fixed rate debt securities (CEN010)

ISIN

NZCENDT001C0

Number of CEN010 bonds acquired

184,823,334

Acquisition price

$1.00 per bond

Payment method

Each CEN010 bond was exchanged for one CEN020 bond

Any amount paid up (if not in full)

Bonds have been fully paid up

Percentage of the total class of CEN010 bonds acquired

34.60%

Reasons for the acquisition

Exchange Offer to CEN010 bondholders, as set out in the Simplified Disclosure Prospectus (SDP) registered on 18 February 2014

Specific authority for the acquisition

Resolution of directors dated 17 February 2014

Terms or details of the acquisition

Terms of the Exchange Offer as set out in the SDP registered on 18 February 2014

Total number of CEN010 bonds in existence after the acquisition

349,293,666

Date of acquisition

20 March 2014

Intention for bonds acquired

Cancellation