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Vector Network Summary for week ending 13 July 2014

NETWORK SUMMARY for week ending 13 July 2014

ELECTRICITY
We received two reports from emergency services of house/building fires during the week, but one of these reports was a false alarm. Emergency services requested our control room isolate power to a building fire in Mangere during the week.

There was a car v. pole in Mt Wellington during the week. The site was made safe, and a street light was referred to the council.

GAS
There was a pipe strike in Northcote Point during the week. Our contractors advised of the necessary repairs being completed.

PROJECTS
The low pressure rehabilitation gas pipeline project has recently been completed in Auckland. The average age of the old gas pipelines was 81 years, with some dating back to the late 1800s. This project has seen hundreds of kilometres of low pressure cast iron and steel gas pipelines replaced with new polyethylene networks.

SHORTS
• Vector owns over 17,900 kilometres of overhead and underground lines in the greater Auckland area, and 12,752 of gas pipe lines, almost half of which supply gas to Auckland.
• Vector, proud sponsor of the Arena.

Vector owns and manages a unique portfolio which consists of electricity distribution, gas transmission and distribution, electricity and gas metering installations and data management services, natural gas and LPG and fibre optic networks.

Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.4%, is the Auckland Energy Consumer Trust (AECT).

Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. For further information, visit www.vector.co.nz

ENDS

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