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1 Spotlight ANZ KIWISAVER SCHEME *! -o #i Miss R Watts-Niha 9 Bayside Lane RD 4 Whangarei 0174 Welcome to Spotlight a newsletter for members of the ANZ KiwiSaver Scheme. We also enclose your annual Account Statement and Tax Certificate for the year ended 31 March Visit anz.co.nz/kiwisaver for more information and to keep track of your savings online.!#'h}#$$" KiwiSaver minimum contribution rate has increased From 1 April 2013, the minimum contribution rate for both employees and employers increased from 2% to 3% of before-tax pay. What does this mean for you? If you re contributing at the minimum rate, this extra 1% from both you and your employer means you ll save even more for your retirement. Check out the case study in the ANZ KiwiSaver Scheme Investment Statement (available on our website) to see what a big difference increasing your contribution rate can make. ANZ KiwiSaver Scheme fund returns Funds 1yr returns to 31/3/13 (pre-tax and after fees) Cash Fund 2.89% Conservative Fund 8.74% Conservative Balanced Fund 11.30% Balanced Fund 13.58% Balanced Growth Fund 15.78% Growth Fund 18.00% Relax you re with New Zealand s most awarded fund manager When you re saving for your retirement, it s reassuring to know that your investment is being managed by experts. We re pleased to let you know that the manager of your ANZ KiwiSaver Scheme, OnePath, has been recognised as the 2012 KiwiSaver Manager of the Year and 2012 Fund Manager of the Year by investment research company, FundSource. It s one more confirmation that your KiwiSaver investment is in good hands. See onepath.co.nz/awards for full awards history and disclaimers. Stay up to date the easy way To make sure you receive timely information about your KiwiSaver investment, sign up to receive your KiwiSaver communications by . You ll be helping save a few trees too plus, you ll receive a complimentary copy of the popular Investor Focus magazine direct to your inbox twice a year. Visit anz.co.nz/ksupdate to complete the preferences form. Past performance is not a guarantee of future performance. Returns can be negative as well as positive. Investments in the ANZ KiwiSaver Scheme are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Unless otherwise indicated, returns are after Fund fees and expenses and before tax. This is represented by the change in unit price plus any applicable tax credits. Administration fees charged directly to investors are not reflected in the returns for the ANZ KiwiSaver Scheme. Returns and the value of your investment in the ANZ KiwiSaver Scheme are not guaranteed. Download the latest Investor Focus magazine at anz.co.nz/investorfocus to keep up to date with local and global financial trends, news and current affairs

2 We speak your language We know KiwiSaver can seem complicated but we re committed to making it as simple and easy as possible for our customers. We re pleased to announce a big step towards that goal, with our new ANZ KiwiSaver Scheme Investment Statement being awarded the WriteMark New Zealand s Plain English quality mark. And we ll be progressively applying the same Plain English standards to all of our KiwiSaver material. You can check out the new, Plain English ANZ KiwiSaver Scheme Investment Statement on our website. Buying your first home with KiwiSaver Did you know that you may be able to withdraw some of your KiwiSaver savings to help buy your first home? You will qualify to make an early withdrawal if all of the following apply: you have been a member of a KiwiSaver scheme for at least three years, or Inland Revenue received a contribution to a KiwiSaver scheme for you at least three years ago you intend to live mostly in the home you are buying you have never before owned your own property (except for a few limited circumstances) you have never before made a withdrawal to buy a first home. You need to make your early withdrawal before you buy your first home. The money you withdraw is paid directly to your solicitor before settlement. Don t risk being overtaxed! It s important to check that your Prescribed Investor Rate (PIR) shown on your Tax Certificate is correct. Visit anz.co.nz/pirupdate to help work out your PIR, and to update it if required. Transferring your Australian superannuation If you ve worked in Australia at any time since 1992, you ll have contributed to an Australian super fund. It s expected that from July 2013, you ll be able to transfer savings from certain Australian super funds to your ANZ KiwiSaver Scheme. Moving your Australian super to New Zealand may help you: Keep better track of how you are progressing towards your retirement saving goals Know how much you have for your retirement in New Zealand dollars Save on fees by having all your retirement savings in one retirement scheme, with one set of fees. You will also be able to transfer your ANZ KiwiSaver Scheme savings to certain Australian super funds. Once these changes take place, you will no longer be able to withdraw your KiwiSaver savings in cash if you permanently emigrate to Australia. For more information visit anz.co.nz/aussiesuper. For more information on how KiwiSaver can help you buy your first home, check out our website. Other ways ANZ can help A realistic plan makes saving your first home deposit much more achievable. ANZ has a First Home package specially designed to help you save a deposit for your first home and to make getting a home loan simpler. For more information visit anz.co.nz/firsthome. You can register online and even choose a virtual home that will grow with your savings. We re here to help: anz.co.nz/kiwisaver anzinvest@onepath.co.nz This document is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act It is recommended you seek advice from an authorised financial adviser (AFA), which takes into account your individual circumstances before you acquire a financial product. If you wish to consult an AFA, please contact Wealth Direct on A copy of the ANZ KiwiSaver Scheme Investment Statement is available at anz.co.nz/kiwisaver or from any branch of ANZ. ANZ Bank New Zealand Limited 04/ anz.co.nz

3 *! -o #i Miss R Watts-Niha 9 Bayside Lane RD 4 Whangarei 0174 ANZ KiwiSaver Scheme Account Statement for the period 1 April 2012 to 31 March May 2013 Investor Number IRD Number Current PIR 10.5% Lifetimes Investor Yes!#'H}#$%" YOUR ACCOUNT AT A GLANCE Closing balance as at 31 March 2013 $1, Your account history This shows your account balance each year as at 31 March. $1470 $1260 $1050 $840 $630 $420 Your investment allocation This shows the asset classes you're invested in and their benchmarks. $210 0 '11 '12 '13 Year Account balance Australasian Property 6.0% Australasian Shares 26.0% Cash Assets 4.0% International Fixed Interest 10.0% International Property 6.0% International Shares 42.0% New Zealand Fixed Interest 6.0% ACCOUNT SUMMARY Opening balance as at 1 April 2012 $1, Investment return $ Administration fees ($24.00) Net tax refunded $0.50 Accrued tax change ($2.24) Closing balance as at 31 March 2013 $1, FUND SUMMARY AS AT 31 MARCH 2013 Investment fund Units Unit price Accruals Balance Growth F01 1, $ ($1.74) $1, Please check your PIR is correct. Visit anz.co.nz/pirupdate to update your details

4 Your ANZ KiwiSaver Scheme Account Statement Here's an explanation of the terms you may see on your ANZ KiwiSaver Scheme Account Statement: Accruals The amount of tax (payable)/refundable as at the Closing Balance date, plus any applicable management fee rebates. Accrued tax change The movement in tax payable (or refundable) between the Opening Balance and Closing Balance dates. It is not tax actually paid. Administration fees A monthly fee that covers the day-to-day administration of your account. Balance The value of your investment, calculated by multiplying the number of units held in the fund by the unit price, plus or minus any accruals. Employer's contributions Contributions paid by your employer. Generally, the minimum employer contribution is 3% of your gross salary and wages. It was 2% up until 31 March Government kick-start A one-off lump sum payment of $1,000 from the government, paid when you first join KiwiSaver. Investment return The gains or losses made when the assets, in which a fund invests, change in value and/or earn income, less fees and expenses. The investment return will generally be different from the income on which tax is paid, which is shown as 'PIE taxable income' in your annual Tax Certificate. Lifetimes investor If you have selected the Lifetimes option, your contributions are invested into a designated fund for your age. As you get older and reach the next age range, your savings move to a different fund. Member tax credits An annual government contribution of 50c for each $1 you contribute, up to a maximum of $ a year (subject to certain eligibility criteria). Net tax (paid)/refunded Your net tax liability or refund. A net tax liability is deducted from your investment by cancelling units (shown in brackets). A net tax refund is allocated to your investment to purchase additional units. Net tax (paid)/refunded includes any PIE tax relating to 31 March of the previous tax year. Portfolio Investment Entity (PIE) A company, superannuation fund, unit trust, or group investment fund registered with Inland Revenue to allow tax on investment income at the prescribed investor rate of its investors, rather than at its own tax rate. PIEs also have different rules regarding what is, and isn't, taxable. Prescribed investor rate (PIR) The investor's tax rate for PIE income, which is the rate a PIE uses to calculate and pay tax on that investor's taxable income. If you have not advised us of your PIR and IRD number, the default rate of 28% has been applied. Please note, the PIR shown at the top of your tax certificate is the current PIR that we have recorded for you. If this is not correct, please contact us. Units A share of a fund; units are purchased when contributions are made to your account. Unit price The price for each unit in the fund. Fund values are calculated by adding the market value of the investments, plus any other assets, less liabilities. The amount is then divided by the number of units in the fund. Withdrawals Any withdrawals made from your account and transfers to another KiwiSaver scheme provider. This includes withdrawals made for first home purchase or on retirement. Your contributions Contributions deducted from your salary or wages or any voluntary contributions made by you (or on your behalf) to your account. NOTES Returns will fluctuate over time and it is possible you might not receive back all the capital you invested. Past performance is not a guarantee of future performance. Investment balances are subject to rounding. Any graphs are for illustrative purposes only. Further information or a copy of the Investment Statement for ANZ KiwiSaver Scheme can be obtained by contacting us on (toll free). 2

5 *! 7o #* Miss R Watts-Niha 9 Bayside Lane RD 4 Whangarei 0174 Date 29 April 2013 Investor Number Taxpayer Name Ricco Waiaipo Lee Watts-Niha Taxpayer IRD Number Current PIR 10.5%!#'H}#$&" ANZ KiwiSaver Scheme Annual PIE Tax Certificate - for the year ended 31 March 2013 The following information is a summary of Portfolio Investment Entity (PIE) taxable income and tax credits (if applicable) for the period 1 April 2012 to 31 March ACCOUNT TAX SUMMARY AT 10.5% AS AT 31 MARCH 2013 PIE taxable income * $55.87 Gross tax (payable) ($5.87) Tax credits used $4.13 Net tax (paid) ($1.74) * Fees and any applicable rebates are included in PIE taxable income. The net tax adjustment has been made by (cancelling) units as follows: Fund Units Growth (1.4999) PIR AND TAX RETURNS If you have not advised us of your PIR and IRD number, the default rate of 28% has been applied. You do not need to file a tax return for this investment. If the IRD number is not recorded or is incorrect, please contact us to update your details. If the PIR in the Account Tax Summary is correct or higher than your correct PIR, the tax paid on your investment is final. You do not need to file a tax return for this investment. If the PIR in the Account Tax Summary is lower than your correct PIR, you will need to file a tax return and include the income/(loss) on this investment. Any tax already paid will be available as a tax credit. NZ tax resident trustees of trusts (excluding charities) who have notified a PIR of less than 28% are required to include PIE income in their tax return. Only trustees who have chosen a PIR of 0% can include losses in their trust's tax return. Please seek independent tax advice if you are uncertain of your tax position. Please check your PIR is correct. Visit anz.co.nz/pirupdate to update your details. Please keep this certificate for your records. see overleaf for glossary of terms >

6 Your Tax Certificate The following is an explanation of the terms you may see on your Tax Certificate. Gross tax (payable)/refundable Your gross tax (payable)/refundable is PIE taxable income/(loss) multiplied by your PIR. For example, if your PIE taxable income is $100 and your PIR is 28%, your gross tax payable will be $28. Net tax (paid)/refunded Your net tax liability or refund. A net tax liability is deducted from an investment fund by cancelling units (shown in brackets). A net tax refund is allocated to an investment by purchasing additional units. For 31 March PIE tax, the transaction to cancel or purchase units is processed through your account with the date of 1 April. PIE taxable income/(loss) Your share of taxable income/(loss) based on the number of units you hold in the investment fund. This includes any fees and applicable rebates. Taxable income is calculated in accordance with income tax legislation and will generally be different from the investment return shown in your Account Statement. Prescribed investor rate (PIR) The investor's tax rate for PIE income, which is the rate a PIE uses to calculate and pay tax on that investor's taxable income. If you have not advised us of your PIR and IRD number, the default rate of 28% has been applied. Please note, the PIR shown at the top of your tax certificate is the current PIR that we have recorded for you. If this is not correct, please contact us. Tax credits New Zealand and foreign tax credits may be available to you based on the number of units you hold in the investment fund. If the value is positive, this will either reduce your tax payable or increase your refund. If the value is negative (shown in brackets), this will result in an additional tax liability that will either increase your tax payable or reduce your refund. Units A share of a fund; units are purchased when contributions are made to your account. Portfolio Investment Entity (PIE) A company, superannuation fund, unit trust, or group investment fund registered with Inland Revenue to allow tax on investment income at the prescribed investor rate of its investors, rather than at its own tax rate. PIEs also have different rules regarding what is, and isn't, taxable. NOTES Returns will fluctuate over time and it is possible you might not receive back all the capital you invested. Past performance is not a guarantee of future performance. Investment balances are subject to rounding. Any graphs are for illustrative purposes only. Further information or a copy of the Investment Statement for ANZ KiwiSaver Scheme can be obtained by contacting us on (toll free). 2