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Problems In Chch with $200 million Telstra Build

Press Conference 11am, Friday 26 January 2001

Major Problems In Christchurch with $200 million Telstra Saturn Build

Christchurch contractor the Pot Hole People Ltd is a sub-contractor to Downer Engineering on the $200 million Telstra Saturn network construction in Christchurch.

Downer Engineering are the head contractor to Telstra Saturn. The Pot Hole People Ltd have a dispute with Downer Engineering over a breach of contract that may cause a loss of jobs.

Responding to media enquires a Press Conference is being held Friday 26 January 2001, to enable the Pot Hole People Ltd to explain their position, and answer questions from the media.

In attendance will be Graeme Craig, Managing Director of the Pot Hole People Ltd, shareholders, and advisers to the company.

Time 11am.

Venue will be confirmed by 9-30am.

This invitation is to all media and authorized by:

Graeme Craig Managing Director Pot Hole People Ltd 41 Buchanans Rd Hornby Christchurch Ph 03 342 8822 Mobile 025330 511 e-mail..

For further information:

David Lynch Momentus Public Relations Ltd Po Box 36321 Christchurch New Zealand Ph 64-3-355-4422 Fax 64-3-355-3336 Mobile 025- 226-9409 email

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