SOUTH CANTERBURY POWER TRUST DECLARATION OF RESULT OF POLL I hereby declare the result of the poll of registered electricity consumers in South Canterbury taken during the period of the 30th day of April 2001 and the 14th day of May 2001 to be as follows: Question Votes Received Question 1 Resettle (keep) the South Canterbury Power Trust by extending the life of the Power Trust until 2008.   2634 Question 2 Resettle (keep) the South Canterbury Power Trust by seeking to establish...

I SUPPORT the resolution                        10,365            81.79% I do NOT support the resolution                2,297            18.12% Informal votes                                                10 Total Votes                                               12,672            52.79% return An overwhelming majority of voters in the South Canterbury Power Trust public poll want a long term trust. The declared results of the poll, which closed at 12 noon on the 24th December 2001, showed...

SOUTH CANTERBURY POWER TRUST MINUTES OF A MEETING OF THE SOUTH CANTERBURY POWER TRUST HELD IN THE BOARD ROOM OF ALPINE ENERGY LIMITED, WASHDYKE, ON THURSDAY 22 NOVEMBER 2001 AT 11.45 AM. PRESENT Mr A J France (In the Chair), Messrs L W Blakemore, H R Smith, Mrs J R Lobb. Representing Alpine Energy Ltd – Messrs 1 J Bowan, J A Dobson, R G Sinclair, S R Thompson, A 0 Turner, F J T Pearce and E J Powell and T M Siinpson (Secretary). APOLOGY An apology for absence was received and sustained from...

The Trustees of the South Canterbury Power Trust acknowledge and thank the Directors of Alpine Energy Ltd for their report on the three-year ownership of the Trust.  The Trustees also congratulate the Company on its recent performance and efficiency. As there is no longer a requirement to hold trust income for six months prior to distribution, paragraph six on page five is no longer applicable. The conclusions and recommendations of the report from the Directors are in accordance with the collective...

LineTrust South Canterbury : 40.0% Timaru District Holdings Ltd : 47.5% Waimate District Council : 7.54% Mackenzie District Council : 4.96% The shareholding mix reflects the Timaru District Council’s previous sole ownership of Timaru Electricity Limited prior to the merger, the role of LineTrust South Canterbury (“Trust”) as a trustee of consumer interests, and the desire for broad community ownership by the allocation of shares to Waimate and Mackenzie District Councils. In 1993 it...

SOUTH CANTERBURY POWER TRUST – 1999 THREE YEAR REVIEW Contents: Introduction Review Requirements Director’s Conclusion Public Consultation Submission Hearing Individual Petitions Issues Raised in Favour of Distribution Issues Raised in Favour of Trust Continuance Consumer Communications Further References The Trustee’s Decision Acknowledgements Introduction As directed by the Trust Deed and in accordance with Clause 4, the trustees commenced the triennial review process by...

South Canterbury Power Trust Comment on the Directors’ 3 yearly Review of the Trust, 1999 The Trustees thank the directors of Alpine Energy Ltd for their report, provided in accordance with clause 4.1 of the Trust Deed. The Trustees also wish to congratulate the directors on the performance of the company and its ranking by the Ministry of Commerce within the top performers out of all New Zealand’s line businesses. The consumers of South Canterbury can be satisfied that all involved...

South Canterbury Power Trust: 3 Yearly Ownership Review The Directors of Alpine Energy are required to report to the South Canterbury Power Trust on a number of matters, in a manner prescribed by the Trust Deed. A summary of the requirements is appended to this report.   1.0 Introduction   1.1 Industry Reform   The last 10 years has seen several waves of legislative reform of the electricity industry, and in particular for the regional retailing and distribution sectors of the industry....

Ownership Review October 2004 TRUSTEE COMMENTS The Trustees of Linetrust South Canterbury acknowledge and thank the Directors of Alpine Energy Ltd for their report in the three-year ownership review of the Trust. The Trustees also congratulate the Company on its recent performance and efficiency. The conclusions and recommendations of the report from the Directors are in accordance with the collective opinion of the Trustees. At the forthcoming joint meeting of the Directors and the Trustees on...

LineTrust South Canterbury Ownership Review September 2004 In a letter dated 21 May 2004 the Trustees initiated a review in terms of clause 4 of the Trust Deed. The Directors of Alpine Energy are required to report to LineTrust South Canterbury on a number of matters, in a manner prescribed by the Trust Deed. A summary of the requirements is appended to this report. 1.0 Introduction 1.1 Industry Overview  The electricity industry is essentially made up of four sectors being: 1. Generation : Production...