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Retrieving Data

Note 13

For the Year Ended 31 March 2010

SHARE CAPITAL

Note 13

All shares rank equally with one vote attached to each share, have no par value and are fully paid.

On 15 May 2008, the Company announced a resolution allowing it to buy back up to 5,000,000 of its own shares. As at 31 March 2010 236,000 shares had been purchased at a total cost of $1,634,000. All shares repurchased were purchased through the NZX stock exchange at market price (2009: 236,000 shares at a total cost of $1,634,000). As at 31 March 2010 none of these shares had been reissued or cancelled.