Announcement

MKTUPDTE: MCY: FY2021 EBITDAF guidance revised to $535 million 08:31am 
MCY
22/01/2021 08:31
MKTUPDTE
NOT PRICE SENSITIVE
REL: 0831 HRS Mercury NZ Limited (NS)

MKTUPDTE: MCY: FY2021 EBITDAF guidance revised to $535 million

22 January 2021 - Mercury announced today that it has revised its FY2021
EBITDAF guidance from $505 million to $535 million. This reflects an expected
200 GWh increase in full year hydro generation to 3,900 GWh and strong
trading performance.

Guidance may change and remains subject to any material events, significant
one-off expenses or other unforeseen circumstances including changes to
hydrological conditions.

ENDS

For further information:
Investors - Tim Thompson 0275 173 470
Media - Craig Dowling 0272 105 337
End CA:00366551 For:MCY Type:MKTUPDTE Time:2021-01-22 08:31:09

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