NZ Post Will Not Appeal High Court Decision

Tuesday, 27 February 2001, 9:50 am
Press Release: New Zealand Post

For immediate release 26 February 2001

NEW ZEALAND POST WILL NOT APPEAL HIGH COURT DECISION

New Zealand Post Chief Executive Elmar Toime said the company would not appeal the High Court decision regarding the release of the business case for the new bank.

“New Zealand Post accepts the decision and we now wish to get on with the business of building a bank offering convenient, low-fee services for all New Zealanders.”

ENDS

For further information:
Simon Taylor, New Zealand Post Media Relations Manager
04 496 4015

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