Orion to pass on Transpower rebate

31 March 2006

Christchurch-based electricity lines company, Orion has announced that it will pass on to electricity retailers and direct-contracted major customers any rebates received from state-owned transmission company Transpower received as a result of the 'interim measure' agreed by Transpower and the Commerce Commission. Orion will work on the exact methodology for calculating these amounts in the coming weeks.

For more information, contact:

Roger Sutton
Chief Executive Officer
03-363-9846
Mobile 027 4333 632