Important information for holders of ANZO ordinary unitsAMP NZ Office Trust’s (ANZO’s) mandatory convertible notes, which were issued in July 2004, will convert as scheduled on 30 June 2007. The transition process will take place in stages over a period of about three months. If you own ANZO ordinary units (with the Stock Exchange code APT), the information on this page applies to your ANZO investment. Existing ANZO units will remain unchanged throughout the transition process. From 2 July 2007, you may notice the appearance of an additional and temporary Stock Exchange code for new ANZO units which will be issued on the conversion of the convertible notes. These new units will be temporarily coded “APTNB” by the Stock Exchange. Although they will hold the same rights as existing ANZO units, they will not be eligible for ANZO’s final quarter distribution for the year ending 30 June 2007 (having already received their return in the form of an interest payment on their notes in June). The temporary code for the new units issued on the conversion of the convertible notes is being created to avoid any potential confusion about distribution entitlements between June and the time of that final distribution (expected in late August or early September). The temporary APTNB code for the new units issued on the conversion of the convertible notes will cease after the September distribution is paid, ending any differentiation between those units and the existing units on issue. All ANZO units will trade as APT from that point. Answers to some frequently-asked questions about the transition process are available here. Your ability to trade your ANZO units will continue through this process and if you are considering this option, I recommend that you consult your investment adviser or sharebroker. There is also further information on the questions-and-answers page. Yours sincerely, Robert Lang |