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CHORUS LIMITED Capital/Financing Update 2014

Apr 15, 2014

64680_rns_2014-04-15_a83ba52f-4175-4d88-a2f2-aa1fd063a611.pdf

Capital/Financing Update

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Chorus Limited Level 10, 1 Willis Street P O Box 632 Wellington 6140 New Zealand

Email: [email protected]

STOCK EXCHANGE ANNOUNCEMENT

16 April 2014

UFB rollout ahead as fixed connections increase

Chorus has today released its fixed line and broadband connection numbers as at 31 March 2014.

Fixed line connections increased by 3,000 lines over the three month period to 31 March to a total of 1,779,000 lines. Total broadband connections increased by 12,000 to 1,144,000.

Chorus’ UFB network deployment continues to be ahead of schedule with fibre passing about 228,000 premises at 31 March, meaning 297,000 end-users are within reach of ultra-fast broadband.

Fibre connections grew to 35,000 across Chorus’ nationwide network at 31 March, although some of this increase included trial lines not previously billed. About 18,300 fibre connections are within Chorus’ completed UFB network footprint.

Chorus’ rural broadband rollout also continues at pace and had brought 66,500 rural lines within reach of better broadband by 31 March.

31 March 2014 31 December 2013
Baseband copper 1,488,000 1,497,000
UCLL 125,000 125,000
SLU/SLES 4,000 5,000
Naked Basic/Enhanced UBA and Naked
VDSL
110,000 103,000
Data services over copper 17,000 19,000
Fibre 35,000 27,000
TOTAL FIXED LINE CONNECTIONS 1,779,000 1,776,000
31 March 2014 31 December 2013
Basic UBA 211,000 246,000
Naked Basic UBA 8,000 11,000
Enhanced UBA 767,000 747,000
Naked Enhanced UBA 93,000 87,000
VDSL 33,000 20,000
Naked VDSL 9,000 5,000
Fibre (Bitstream 2, 3 and fibre
subdivisions)
23,000 16,000
TOTAL BROADBAND CONNECTIONS 1,144,000 1,132,000

ENDS

For further information:

Ian Bonnar Corporate Affairs Manager Mobile: +64 (27) 215 7564 Email: [email protected]

Brett Jackson Investor Relations Manager Mobile: +64 (27) 488 7808 Email: [email protected]

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