Director Independence Determination
Carter Holt Harvey Limited
To: Market Announcement Platform Company: NZX
Company Announcement Platform ASX
From: Nikki Cooper Date: 4 October 2005
Subject: Director Independence Determination
As required by NZX Listing Rule 3.3.1B(b), the Board of Carter Holt Harvey Limited has determined that Messrs Thomas Degnan, Timothy Hardman, Graeme Hart and Bryce Murray are not independent directors as defined by NZX Listing Rule 1.1.2.
The Board has further determined, taking into account the waiver granted by NZX Regulation dated 15 September 2005, that Mr Mark Burrows is an independent director of Carter Holt Harvey Limited.
Administrator – Company Secretarial