Media Advisory For Immediate Release

Gull Hold Prices For 24 Hours Despite Excise Tax Increase

Auckland, 1 August 2012 – Gull confirmed that it will be holding current pump prices until at least tomorrow. This is despite a number of the majors increasing prices by 2c a litre today following an increase in excise tax.

Graham Stirk, Gull Retail Manager, says that as a New Zealand based, family owned business the company strives to go the extra mile to offer value at the pumps to Kiwi families.

“Gull remains committed to doing that little bit extra by delaying the impact of the excise tax increase for as long as possible.”

At the majority of Gull outlets where Gull controls retail prices, prices are as follows:

Motorists can make use of fuel dockets from Countdown to increase savings further at the manned sites.

ENDS