Important information for holders of ANZO mandatory convertible notesAMP 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 are a holder of ANZO convertible notes (with the Stock Exchange code APTGB), the information on this page applies to your ANZO investment. On 29 June 2007, the final interest payment for the convertible notes will be processed and you will receive a cheque or direct credit payment on that day or soon after. This payment will apply to the period from January to June 2007 (inclusive). On 30 June 2007 your notes will convert to new units with the Stock Exchange code “APTNB”. Conversion is mandatory, in accordance with the terms and conditions disclosed in the Prospectus at the time of issue, and automatic – it requires no action on your part. The new units issued on conversion of your notes will carry the APTNB code until payment of ANZO’s final quarter distribution for the year ended 30 June 2007. They will be traded on the Stock Exchange in the same way that existing ANZO units (coded APT) are currently bought and sold. They will hold exactly the same rights as APT units except that holders of APT units will be entitled to ANZO’s final quarterly distribution for the year ended 30 June 2007; whereas you and other holders of APTNB coded units will not (because you will already have received your return for that period in the form of the final interest payment in June). Following the payment of the final distribution (expected to be in late August or early September), the APTNB coded units will be re-coded as APT units, and there will be no distinction of any kind between the units. Once again, this will be mandatory, automatic and requires no action from you. Answers to some frequently-asked questions about the transition process are available here. You will receive formal notification from ANZO’s registry, Computershare Investor Services, after this transition takes place. Your ability to trade your ANZO convertible notes will continue until 5pm on Wednesday 20 June 2007 (when trading on the ANZO register will cease to allow the settlement of all trades prior to the proposed “Record Date” of Monday 25 June 2007) and from 2 July 2007 you will be able to trade your APTNB units. If you require further information I recommend that you consult your investment adviser. There is also further information on the questions-and-answers page. Yours sincerely, |