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Auckland (Friday 28 November 2008) - Contrary to recent media reports, the Guardians of New Zealand Superannuation have no intention of divesting Rakon shares under the Guardians’ responsible investment considerations on companies associated with the manufacture of nuclear weapons.   Decisions under the Guardians’ Responsible Investment Policy will be announced next month.   Please see www.nzsuperfund.co.nz for further details.   The Guardians considered it was prudent to make this announcement in case the media reports were seen as material information by the markets.

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