Execution
Signed for and on behalf of Her Majesty The Queen
| by the Minister of Finance | and by the Minister of Communications |
| (Hon. Dr. Michael Cullen) | (Hon. Paul Swain) |
| [signature] | [signature] |
| in the presence of: | in the presence of: |
| [signature] | [signature] |
| Witness' signature | Witness' signature |
| [name] | [name] |
| Witness' name | Witness' name |
| [occupation] | [occupation] |
| Witness' occupation | Witness' occupation |
| [address] | [address] |
| Witness' address | Witness' address |
Signed by Telecom Corporation of New Zealand Limited
[signature]
Director
[signature]
Director
Signed by Telecom New Zealand Limited
[signature]
Director
[signature]
Director
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