24 June 2015
Market Information
NZX Limited
Level 2, NZX Centre
11 Cable Street
Wellington
New Zealand
Company Announcements Office Australian Securities Exchange Limited Exchange Centre
Level 6, 20 Bridge Street
Sydney NSW 2000
Australia

TOWER advises impact of recent storm event

TOWER Limited (NZX/ASX: TWR) said today that it has received more than 200 claims related to the recent storm that affected the west coasts of the upper South Island and the lower North Island.
Chief Executive Officer David Hancock said that TOWER was working hard to assist impacted customers, bringing in extra assessors and claims staff to help get people back into their homes as quickly as possible.
TOWER anticipates the financial impact of the storm to be between $2.6m and $5.8m after tax. The financial impact of the event has been reduced by the reinsurance programme, which limits the potential impact to $5.8m after tax.
The safety of customers is TOWER's top priority, and those requiring assistance should call TOWER on
0800 379 372 to lodge a claim, or visit www.tower.co.nzto lodge a claim online.

ENDS

For investor queries, please contact: Brett Wilson
Chief Financial Officer
TOWER Limited
Mobile: +64 21 616 035
ARBN 088 481 234 Incorporated in New Zealand
For media queries, please contact: Tracey Palmer
Head of Corporate Communications
Mobile: +64 21 837 860
Email: tracey.palmer@tower.co.nz

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