The SP AusNet Distribution Reinvestment Plan (DRP) (PDF 3.2MB) provides investors an additional opportunity to participate in the future growth of SP AusNet.

The DRP is an opportunity to build on your investment in SP AusNet by reinvesting your SP AusNet distribution into additional SP AusNet securities with the following benefits:

• A 2.5% discount on the average trading price*
• No commission or brokerage charges

It is easy to participate in the DRP and bolster your investment in SP AusNet

• The Board of SP AusNet has agreed to continue to offer securityholders this opportunity for the final distribution for the 2009/10 financial year
• Under the DRP, additional securities can be purchased at a discount of 2.5 per cent to the average trading price*
• Any purchases are also exempt from commissions or brokerage costs
• Singapore Power International has once again confirmed it will participate in the DRP in order to maintain its 51% securityholding in SP AusNet

Frequently Asked Questions

Q. Why should I participate?

A. The DRP provides SP AusNet securityholders with registered addresses in Australia, New Zealand or Singapore** the opportunity to build on their existing investment by reinvesting the proceeds from SP AusNet distributions into additional SP AusNet securities. Under the DRP, distributions can be reinvested at a discount of up to 2.5 per cent of the average trading price* and with no commission or brokerage charges.

Q. How do I participate?

A. Securityholders who hold SP AusNet securities which are listed on the SGX-ST and deposited with CDP will receive, or will recently have received, information about participating in the DRP. To participate in the DRP for the final distribution for the 2009/10 financial year, securityholders who receive a personalised CDP Election Form must complete and return the form before 3.00pm (Singapore time) 1 June 2010 to:

The Central Depository (Pte) Limited (CDP)
4 Shenton Way #02-01
SGX Centre 2
Singapore 068807

All other SP AusNet securityholders can make or change an election to participate in the DRP by:

• logging on to the Computershare Investor Centre website at http://www.investorcentre.com/ - you will need to have your SRN or HIN (found at the top of any distribution statement) and postcode handy; OR
• printing, completing and returning the Computershare Election Notice (PDF 351.6KB) (in accordance with the instructions on the notice).

To be effective for the final distribution for the 2009/10 financial year, your election or change must be processed or received (as applicable) by 5pm (AEST) 1 June 2010.

This is not financial product advice

The information on this website is not financial product advice. It is not a recommendation to participate in the DRP or advice about the suitability or appropriateness of participating in the DRP. Before deciding whether to participate in the DRP, you should read the DRP Booklet in full and consider whether it is appropriate taking into consideration your investment objectives, financial circumstances (including financial and tax issues) and needs. You should also seek independent advice from your financial or other professional adviser where appropriate.

*The average of the volume weighted average price of sales of SP AusNet Securities on the ASX during the ten trading days commencing 2 June 2010.

**Securityholders outside of Australia, New Zealand and Singapore (Other Jurisdictions) may be prohibited by law from participating in the DRP. Securityholders in Other Jurisdictions can only participate in the DRP if they are entitled to do so under all applicable laws.