Monday 20th May 2002

Diary Dates

Monday 20 May to Monday 27 May 2002

Monday 20 May
Calan Healthcare Properties Trust Ex Div 1.7726cps
Independent News & Media NZ Limited (NS) Ex Div 20cps
Guinness Peat Group Plc Ex 1:10 Bonus Issue
The NZ Mid-Cap Index Fund (NS) Ex Div 0.12374cps (RBD)
The NZ Mid-Cap Index Fund (NS) Ex Div 0.12707cps (SAN)
Restaurant Brands New Zealand Limited Ex Div 8cps
Sanford Limited Ex Div 8cps
Summit Resources Limited Ex Non-Renounceable Rights Issue

Tuesday 21 May

Wednesday 22 May

Thursday 23 May
Australia and New Zealand Banking Group Limited Record Date Interim Dividend

Friday 24 May
Heritage Gold NZ Limited Record Date 2:3 Renounceable Rights Issue
Australia and New Zealand Banking Group Limited Ex Div A39cps
Contact Energy Limited Record Date Final & Interim Dividends
DB Breweries Limited Record Date Interim Dividend
The National Property Trust Record Date Interim Dividend
Northland Port Corporation (NZ) Limited Record Date Final Dividend
NZSE 10 Index Fund (NS) Record Date Interim Dividend (CEN Final & Interim)
Sun Resources No Liability Record Date 1:10 Non-Renounceable Rights Issue

Monday 27 May
Heritage Gold NZ Limited Ex 2:3 Renounceable Rights Issue Contact Energy Limited Ex Div 2.5cps (Final)
Contact Energy Limited Ex Div 5.5cps (Interim)
DB Breweries Limited Ex Div 12.5cps
The National Property Trust Ex Div 1.8cps
Northland Port Corporation (NZ) Limited (NS) Ex Div 7.5cps
NZSE 10 Index Fund (NS) Ex Div .115381cps (CEN Interim)
NZSE 10 Index Fund (NS) Ex Div .052446cps (CEN Final)
Sun Resources No Liability Ex 1:10 Non-Renounceable Rights Issue

New Zealand Companies - Meeting Dates

Monday, 20 May to Friday, 28 June 2002

ISSUER NAME	TYPE OF MEETING	DATE

Trans Tasman Properties Limited	AGM	20/05
GDC Communications Limited	AGM	24/05
Cube Capital Limited	AGM	29/05
Metlifecare Limited	AGM	30/05
Briscoe Group Limited	AGM	04/06
Richina Pacific Limited	AGM	19/06
Independent Newspapers Limited	AGM	21/06
Newcall Group Limited	AGM	28/06
Northland Port Corporation (NZ) Limited (NS)	AGM	28/06
GPG Finance Limited	AGM	TBA
Powerco Limited	AGM	TBA
Savoy Equities Limited	AGM	TBA

Rights Issues Pending

ISSUER

CODE

RATIO

EX DATE

RECORD DATE 5PM

TRADING COMM

TRADING STOP 5PM

APPLN MONEY$

APPLN DATE

RENUN DATE

FINAL DELIVERY DATE

PACIFIC RETAIL GROUP LIMITED

TBA

PACIFIC RETAIL GROUP ANNOUNCED ITS INTENTION TO UNDERTAKE A RIGHTS ISSUE TO RAISE UP TO $20M TO FUND ITS GROWTH AND ACQUISITION STRATEGY.

HERITAGE GOLD NZ LIMITED

HGDRA

2:3

27/05

24/05

27/05

19/06

0.01

21/06

20/06

HERITAGE GOLD NEW ZEALAND ANNOUNCED A RENOUNCEABLE RIGHTS ISSUE OF TWO WARRANTS FOR EVERY THREE ORDINARY SHARES HELD ON THE RECORD DATE OF 24/05/2002. ISSUE PRICE: $0.01 PAYABLE ON APPLICATION. MINIMUM ENTITLEMENT: SHAREHOLDERS HOLDING LESS THAN 3,000 EXISTING SHARES WILL BE ENTITLED TO APPLY FOR A MINIMUM HOLDING OF 2,000 WARRANTS. THE ISSUE WILL ENABLE THE COMPANY TO RAISE FUNDS FOR WORKING CAPITAL AND TO FOCUS ON ADVANCING ITS 3 KEY PROJECTS IN THE WAIHI GOLD DISTRICT IN NEW ZEALAND AND THE THACKARINGA COBALT PROJECT NEAR BROKEN HILL, AUSTRALIA. FRACTIONAL ENTITLEMENTS WILL BE DISREGARDED. EACH RIGHT CONFERS AN ENTITLEMENT TO SUBSCRIBE FOR ONE WARRANT WHICH IN TURN WILL BE CONVERTED INTO A FULLY PAID ORDINARY SHARE UPON PAYMENT IN FULL OF THE PRICE OF $0.09. TRADEABLE RIGHTS CODE: HGDRA ISIN FOR RIGHTS: NZHGDE0001S1. CODE FOR THE WARRANTS: HGDCA ISIN FOR WARRANTS: NZHGDW0001S3. DELAYED DELIVERY TAG LIFTED ON ALLOTMENT DATE (27/06/2002). SHARES ALLOTTED UPON CONVERSION OF THE WARRANTS WILL RANK FROM THE DATE OF THEIR ISSUE PARI PASSU IN ALL RESPECTS WITH EXISTING ORDINARY SHARES.

SUMMIT RESOURCES LIMITED

N/A

20/05

17/05

N/A

0.12

21/06

N/A

28/06

NON-RENOUNCEABLE AND NON-PRO RATA BASIS ON A RIGHTS ISSUE OF UP TO APPROXIMATELY 51,000,000 ORDINARY SHARES. UNDER THE TERMS OF THE OFFER EACH SHAREHOLDER WILL BE ABLE TO APPLY FOR A MINIMUM ENTITLEMENT OF 10,000 SHARES AND A MAXIMUM ENTITLEMENT OF 30,000 SHARES. SHAREHOLDERS WILL HAVE THE OPPORTUNITY TO APPLY FOR ADDITIONAL SHARES OVER AND ABOVE THEIR MAXIMUM ENTITLEMENT OF 30,000 SHARES BY APPLYING FOR ANY SHORTFALL IN MAXIMUM ENTITLEMENTS NOT TAKEN UP BY SHAREHOLDERS ACCEPTANCES. FRACTIONS WILL BE ROUNDED UP TO THE NEXT WHOLE NUMBER OF OPTIONS. THE OFFER IS SUBJECT TO APPROVAL BY SHAREHOLDERS AT A SPECIAL MEETING TO BE HELD ON 06/06/2002.

Overseas

SUN RESOURCES NO LIABILITY

SUR

1:10

27/05

24/05

N/A

0.01

21/06

N/A

PRO RATA NON RENOUNCEABLE RIGHTS ISSUE OF ONE OPTION FOR EVERY TEN SHARES HELD, AND ONE OPTION FOR EVERY TEN OPTIONS HELD, FOR THE ISSUE OF UP TO 11,618,810 OPTIONS. THE OPTIONS WILL BE EXERCISABLE UNTIL 30/06/2005 AT A PRICE OF 15 CENTS PER OPTION. THERE IS NO MINIMUM SUBSCRIPTION. THE OFFER IS FULLY UNDERWRITTEN.

New Listings and Quotations Pending

ISSUER	SECURITY	SECURITY CODE	PUBLIC OFFER CLOSES	EXPECTED LISTING DATE

NATIONAL PROPERTY TRUST	NEW UNITS	NAPNE	N/A	04/06/2002
NUPLEX INDUSTRIES LIMITED	CAP NOTES	NPX010	14/06/2002	24/06/2002
POWERCO LIMITED	CAP BONDS	PWC030	29/05/2002	06/06/2002
HERITAGE GOLD NZ LIMITED	WARRANTS	HGDCA	N/A	20/06/2002

Securities to be Removed

ISSUER	KEY	CONVERSION DETAILS	SECURITIES REMOVED	CEASE QUOTATION 5PM	EXPIRY DATE	EXERCISE PRICE

THE NATIONAL PROPERTY TRUST LIMITED		REFER NOTE	NAPOC	30/05/2002	31/05/2002	$0.84159
SHAREHOLDERS WILL HAVE UNTIL 31 MAY 2002 TO EXERCISE THEIR CONVERSION RIGHTS AND TO PAY THE AMOUNT DUE TO THE TRUST. IF SHAREHOLDERS DO NOT EXERCISE THEIR OPTION BY 31/05/2002 THESE WILL LAPSE AND BE OF NO VALUE.

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