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Trans Power N.Z. (48IN)


Thursday 21 December, 2000

Trans Power N.Z.

Listing Particulars

Trans Power New Zealand
Trans Power Finance Limited
21 December 2000


PUBLICATION DATE:      21st December 2000

Application has been made to the UK Listing Authority for the following
securities to be admitted to the Official List.


DETAILS OF ISSUE:         U.S. $1,000,000,000 Guaranteed Euro Medium Term Note
ISSUERS:                  1. Transpower New Zealand 
                          2. Transpower Finance Limited

INCORPORATED IN:          New Zealand
GUARANTORS:               Transpower New Zealand Limited

INCORPORATED IN:          New Zealand

Particulars relating to the issue may be obtained during usual business hours
for fourteen days from the date of this formal notice from:

Citibank N.A.
5 Carmelite Street
London EC4Y OPA

The Law Debenture Trust Corporation plc
Fifth Floor
100 Wood Street
London EC2V 7EX

In addition, a copy of the Particulars is available for inspection at the
Document Viewing Facility at the Financial Services Authority, 25 The North
Colonnade, London E14 5HS. 


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