Appointment of Independent Director

The board of NPT is pleased to announce the appointment of Tony Sewell as an Independent Director, following the casual vacancy created by the retirement of Tony McNeil earlier this year.

Tony Sewell was, until recently, Chief Executive of Ngai Tahu Property. During his twenty-year tenure at Ngai Tahu Property, Tony oversaw growth in the equity of the business from $50m to $600m. Since retiring from Ngai Tahu Property, Tony has begun to build his consulting business as well as take on a select number of directorships.

Tony Sewell has substantial governance experience and is currently President of the Canterbury Employers Chamber of Commerce, Chair of Business New Zealand, Deputy Chair of Hanmer Hot Pools, Director of Tama Asset Holding Company Limited and is a Chartered Director – Institute of Directors of New Zealand.

NPT will benefit hugely from Tony Sewell’s appointment as he brings a vast wealth of property industry experience at board level, which complements the extensive, broader business experience of the other board members.

After a period of consolidation, this appointment and the appointment of Tony Osborne as Chief Executive Officer, represent a significant step in establishing a framework for growth.

ENDS

For more information, please contact:

Tony Osborne T 09 302 4586
Chief Executive Officer M 021 606 088
NPT Limited E zn.oc1490547241.tpn@1490547241ynot1490547241

Stephen Reid T 09 302 4584
Chief Financial Officer M 021 766 636
NPT Limited E zn.oc1490547241.tpn@1490547241nehpe1490547241ts1490547241

www.npt.co.nz

Key Facts about NPT Limited
• NPT Limited is an NZX-listed company; its code is NPT.
• The Board is comprised of Sir John Anderson (Chairman), Jim Sherwin, Carol Campbell and Tony Sewell.
• NPT has a diversified portfolio of retail, commercial and industrial properties located in Auckland, Hawke’s Bay and Christchurch.