Market Clarification Re: Cerno Australia

Cerno International NZ Ltd (Cerno New Zealand), confirms that the announcement noted on the Cerno Australia Website under the title ‘Cerno/Stream deal sealed at AGM’ does not in any way involve Cerno New Zealand. This announcement refers to a transaction between Cerno Ltd. Australia and Stream Group Australia Pty Ltd. To avoid any confusion, we can reassure our very valued clients and suppliers that there are no changes in ownership, business relationships or operating procedures to the New Zealand business at any level as part of the Australian change in share holding announcement.

Any enquiries in this regard can be made to Dean Garrod, Chief Executive Officer – Cerno International NZ Ltd.

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