Hellaby : Waiver of Listing Rule 10.3.1(b)

Waiver of Listing Rule 10.3.1(b)

News Release:16 February 2017

Further to its announcement on 9 February 2017, Hellaby Holdings Limited (Hellaby) announces that it has been granted a waiver from Rule 10.3.1(b) of the NZX Main Board Listing Rules (the Listing Rules) on the basis that Hellaby intends to delist from the NZX Main Board on 8 March 2017.

As a result Hellaby will no longer be delivering its financial and operational results for the six months to 31 December 2016 before the market opens on Monday 27 February 2017, as announced to the market on 25 January 2017. However it is proposed that a summary of Hellaby's profit results compared to previous guidance will be issued by Bapcor on or around 16 February 2017.

As set out in the NZX Regulation Decision announced to the market today, the waiver relieves Hellaby from the obligation to release a Preliminary Announcement in respect of its half-year results for the period to 31 December 2016, through NZX pursuant to Listing Rule 103.2, in the manner prescribed by Listing Rule 10.2, before the release of its half year report and not later than 1 March 2017. Hellaby's shareholders will therefore not receive full results for the 6 month period to 31 December 2016.

For and on behalf of the Board of Directors

For further information, please contact

Darryl Abotomey
Chairman
T [phone]
E [e-mail]