Thursday, 22 February 2018

Announcement

ADMIN: NZM: Appointment of Chair and additional director

08 Dec 2017 08:30NZX
MARKET ANNOUNCEMENT

8 December 2017

Appointment of Chair and additional director

AUCKLAND, 8 December 2017:  The Board of NZME Limited (NZX: NZM, ASX: NZM)
("NZME") advises that today it has confirmed Peter Cullinane as Chair and
appointed David Gibson as an independent director.

Mr Cullinane has been a valued member of the NZME Board since listing in June
2016. Mr Cullinane has a background in global advertising and marketing, and
extensive experience in listed and unlisted companies in the media sector and
related industries. This included senior roles at Saatchi & Saatchi as Chief
Operating Officer (Worldwide), Chief Executive Officer (New Zealand) and
Chairman (Australasia). Peter is the founder and Chairman of Lewis Road
Creamery Limited and, since 2013, he has been a director of HT&E Limited. Mr
Cullinane''s previous directorships include WPP AUNZ Limited and SKYCITY
Entertainment Group.

David Gibson has a strong background in strategy and finance with over 20
years'' investment banking experience, including as Co-Head of Investment
Banking in New Zealand for Deutsche Bank and Deutsche Craigs.  During his
finance career David has advised on many of New Zealand''s largest capital
market transactions, including within the media industry.

Peter Cullinane said, "I am honoured to accept the appointment as Chair of
NZME. We have great people, brands and customers and are in a strong position
to take advantage of opportunities to grow shareholder value in the New
Zealand media sector. On behalf of the Board I would like to again
acknowledge Sir John Anderson''s role as foundation Chair of NZME and I am
also delighted that David Gibson will be joining the team. David''s extensive
experience in capital markets and managing growing businesses will be of
enormous value to NZME in achieving its objectives while maintaining strong
governance."

The Board of NZME has determined that David Gibson is an Independent Director
in accordance with NZX Listing Rule 3.3.3(b).

Under NZME''s constitution, David Gibson will be required to retire at the
next Annual Shareholders'' Meeting and stand for election by shareholders at
that meeting.

As previously advised, a Board renewal process is underway to further enhance
the Company''s governance and ensure NZME continues to have the appropriate
resources and skills to support its growth strategy. Mr Gibson has been
selected as a result of that process, which will continue into 2018.

ENDS

For further information:

Investors:
Michael Boggs
Chief Executive Officer
T: +64 9 367 6123
Email: Michael.Boggs@nzme.co.nz

Media:
Liza McNally
Chief Marketing Officer
M: +64 21 944 989
Email: Liza.McNally@nzme.co.nz

About NZME
NZME is a leading New Zealand media and entertainment business that reaches
3.2 million kiwis . Whether reading, listening, watching, our audience gets
the content they want - where and when they want it. NZME offers advertisers
a unique opportunity to access its growing audience via a fully integrated
multi-platform presence. NZME is listed on the NZX Main Board (code NZM) with
a foreign exempt listing on the ASX (code NZM). www.nzme.co.nz
End CA:00311597 For:NZM    Type:ADMIN      Time:2017-12-08 08:30:27
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