Downer EDI Limited and Works Finance (NZ) Limited (previously known as Works Infrastructure Finance (NZ) Limited) (“Works Finance”) announced today, as permitted under term 5.2 of the Prospectus and Investment Statement dated 7 March 2007 (“Prospectus”), that from 15 June 2012 (“Step-up Date”) any Redeemable Optionally Adjustable Distributing Securities (“ROADS”) dividend declared will attract a Step-Up Margin of 4.05% in addition to the Market Rate.
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