Issued bonds

Air New Zealand Limited (Air New Zealand) in October 2016 issued six year, unsecured, unsubordinated fixed rate bonds (Bonds) for NZD $50 million.

The interest rate for the Bonds is 4.25% per annum. The Bonds were issued on 28 October 2016 and will mature on 28 October 2022. The Bonds are quoted on the NZX Debt Market under the ticker code AIR020.

Air NZ 2016 Bond Issue Terms Sheet

Trust Deed in respect of the new bonds:

Air NZ Bond Offer 2016 - New Trust Deed

Air New Zealand Limited has elected for the applicable requirements of the Financial Markets Conduct Act 2013 to apply to it with effect from 6 October 2016 in respect of the bonds issued pursuant to the trust deed dated 24 August 2011, as amended on 5 July 2012, between Air New Zealand and The New Zealand Guardian Trust Company Limited (the Trust Deed).

Letter to bondholders - September 2016

Amended Trust Deed - September 2016

$150m Fixed Rate Bonds due 15 November 2016:

Simplified Disclosure Prospectus