ORIGIN ENERGY LIMITED — Capital/Financing Update 2013

Oct 20, 2013

==> picture [56 x 72] intentionally omitted <==

To Company Announcements Office Company ASX Limited From Helen Hardy Subject CONTACT ENERGY	Facsimile 1300 135 638
	Date 21 October 2013
	Pages 3

Attached herewith is a copy of an announcement released to the NZX by Contact Energy today in respect of the capital bonds redemption. The Notice of Redemption will be mailed to bondholders on Wednesday 23 October 2013.

Origin Energy holds 53.09% of quoted ordinary shares in Contact Energy Limited.

Regards

==> picture [122 x 69] intentionally omitted <==

Helen Hardy Company Secretary

02 8345 5441 – helen.hardy@originenergy.com.au

Climate Change and Business Conference

Origin Energy Limited ACN 000 051 696 • Level 45 Australia Square, 264-278 George Street, Sydney NSW 2000 GPO Box 5376, Sydney NSW 2001 • Telephone (02) 8345 5000 • Facsimile (02) 9252 1566 • www.originenergy.com.au

==> picture [92 x 38] intentionally omitted <==

23 October 2013

Please address enquiries to:

Link Market Services Limited PO Box 91976, Auckland 1142, New Zealand Phone: +64 9 375 5998 Fax: +64 9 375 5990 Email: contactenergy@linkmarketservices.co.nz Website: www.linkmarketservices.co.nz

SAMPLE ONLY

CSN/Holder Number:

Dear Bondholder(s)

Contact Energy Limited Capital Bonds due 2042 – Notice of Redemption

Contact’s Capital Bonds were assigned a “high” (i.e. 100%) equity content by Standard & Poor’s (Australia) Pty Limited ( S&P ) when they were issued in November 2011. As you may be aware, S&P has changed the criteria for assessing the equity content of hybrid securities. The Capital Bonds no longer meet the criteria for “high” equity content and will be assigned a lower equity content.

The change in equity content, as a result of the criteria change, is a “Rating Agency Event” under the terms and conditions of the Capital Bonds. As a consequence, Contact is entitled to redeem the Capital Bonds on the next interest payment date. Accordingly, Contact has elected to redeem all of the outstanding Capital Bonds held by you as at the close of business on the record date, being Tuesday, 5 November 2013.

The last day for trading the Capital Bonds on the NZDX will be Thursday, 31 October 2013.

The principal amount of your Capital Bonds and interest up until the redemption date will be paid to the holder of those Capital Bonds on the record date by direct credit or cheque (as applicable) on Friday, 15 November 2013. You do not need to do anything to receive full redemption on this date.

This redemption does not apply to any other bonds issued by Contact that you might hold.

Please contact Link Market Services if you require any further information.

Yours sincerely

Paul Ridley-Smith General Counsel

APPENDIX 7 – NZSX Listing Rules

EMAIL: announce@nzx.com

Notice of event affecting securities

NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.

Number of pages including this one (Please provide any other relevant 1 details on additional pages)

Full name of Issuer Contact Energy Limited

Name of officer authorised to make this notice	Name of officer authorised to make this notice		Paul Ridley-Smith - General Counsel	Paul Ridley-Smith - General Counsel	Paul Ridley-Smith - General Counsel	Paul Ridley-Smith - General Counsel	Paul Ridley-Smith - General Counsel	Paul Ridley-Smith - General Counsel	Paul Ridley-Smith - General Counsel	Paul Ridley-Smith - General Counsel	Authority for event, e.g. Directors' resolution	Authority for event, e.g. Directors' resolution	Authority for event, e.g. Directors' resolution	Authority for event, e.g. Directors' resolution	Authority for event, e.g. Directors' resolution	Directors' resolution	Directors' resolution	Directors' resolution	Directors' resolution	Directors' resolution	Directors' resolution	Directors' resolution
Contact phone number	+ 64 4 499 4001						Contact fax number			+64 4 499 4003				Date			16 10 2013
Nature of event Tick as appropriate	Bonus Issue Rights Issue		If ticked, state whether: Taxable Capital Call Dividend							/ Non Taxable Conversion If ticked, state Full							Rights Issue Interest Renouncable
	non-renouncable		change			x				whether: Interim			Year		Special				DRP Applies

If more than one security is affected by the event, use a separate form.

EXISTING securities affected by this If more than one security is affected by the event, use a separate form. Description of the ISIN class of securities CENFA - Capital Bonds NZCENDT003C6 If unknown, contact NZX Details of securities issued pursuant to this event If more than one class of security is to be issued, use a separate form for each class. Description of the ISIN class of securities If unknown, contact NZX Number of Securities to Minimum Ratio, e.g be issued following event Entitlement 1 for 2 for Conversion, Maturity, Call Treatment of Fractions Payable or Exercise Date Enter N/A if not Tick if provide an applicable pari passu OR explanation Strike price per security for any issue in lieu or date of the Strike Price available. ranking Monies Associated with Event Dividend payable, Call payable, Exercise price, Conversion price, Redemption price, Application money. In dollars and cents Source of Bank facilities & existing funds held on deposit to fund redemption Amount per security $1.00 Payment (does not include any excluded income) Excluded income per security Not Applicable (only applicable to listed PIEs) NZD Supplementary Amount per security Currency dividend in dollars and cents details - NZSX Listing Rule 7.12.7 $200,000,000.00 Date Payable

$200,000,000.00

Total monies Taxation

Amount per Security in Dollars and cents to six decimal places

==> picture [113 x 58] intentionally omitted <==

In the case of a taxable bonus Resident $ issue state strike price Withholding Tax Foreign Withholding Tax

Imputation Credits (Give details) FDP Credits (Give details)

Timing

(Refer Appendix 8 in the NZSX Listing Rules)

Record Date 5pm For calculation of entitlements -

5 November, 2013

Notice Date

Entitlement letters, call notices, conversion notices mailed

Application Date

Also, Call Payable, Dividend / Interest Payable, Exercise Date, Conversion Date. In the case of applications this must be the last business day of the week.

Allotment Date

For the issue of new securities. Must be within 5 business days of application closing date.

15 November, 2013

OFFICE USE ONLY

Ex Date:

Commence Quoting Rights: Cease Quoting Rights 5pm: Commence Quoting New Securities: Cease Quoting Old Security 5pm:

Security Code:

Security Code:

==> picture [133 x 35] intentionally omitted <==