Issued 30 October 2003

The Commerce Commission will hold a four day conference next week on its draft decisions regarding resetting the price path threshold.

The conference is part of the Commission's consultation with interested parties on the development of a targeted control regime for electricity lines businesses.

On 5 September 2003, the Commission released a paper that set out its draft decisions on resetting the price path threshold from 2004. The conference is an opportunity for interested parties to present their submissions orally and for the Commission to ask questions based on those submissions.

The conference will be held from Monday 3 November to Thursday 6 November 2003, in the ground floor conference room located at 44-52 The Terrace, Wellington.

A copy of the conference programme is attached. Media are asked to confirm their attendance with Gail Kernohan, Communications Adviser, (04) 924 3709 or gail.kernohan@comcom.govt.nz.

The Commission received 20 submissions on the draft decisions. All submissions are published on the Commission's website, www.comcom.govt.nz (select Electricity Lines Businesses and then Submissions from Interested Parties).

Media contact:

Geoff Thorn, Director, Business Competition Branch

Phone work (04) 924 3620, mobile 029 924 3620

Gail Kernohan, Communications Adviser

Phone work (04) 924 3709, mobile 029 924 3709

DATE / TIME

PARTY GIVING SUBMISSION

Monday 3 November 2003

10.00am - 10.15am

Opening remarks by the Chair

10.15am - 11.00am

WEL Networks

Break: 11.00am - 11.15am

11.15am - 12.30pm

PricewaterhouseCoopers (on behalf of 18 lines businesses)

Lunch: 12.30pm -1.30pm

1.30pm - 3.00pm

PricewaterhouseCoopers (on behalf of 18 lines businesses)

Break: 3.00pm - 3.15pm

3.15pm - 4.00pm

The Lines Company

4.00pm - 4.45pm

Electricity Networks Association

Tuesday 4 November 2003

8.30am - 9.15am

Marlborough Lines

9.15am - 10.15am

Aurora Energy

Break: 10.15am - 10.30am

10.30am - 12.30pm

Aurora Energy

Lunch: 12.30pm - 1.45pm

1.45pm - 3.30pm

Powerco

Break: 3.30pm - 3.45pm

3.45pm - 5.45pm

Powerco

Wednesday 5 November 2003

8.30am - 10.30am

Orion New Zealand

Break: 10.30am - 10.45am

10.45am - 12.45pm

Orion New Zealand

Lunch: 12.45pm - 1.45pm

1.45pm - 3.15pm

Transpower New Zealand

Break: 3.15pm - 3.30pm

3.30pm - 4.00pm

Grey Power

4.00pm - 6.00pm

Unison Networks

Thursday 6 November 2003

8.30am - 9.00am

Major Electricity Users' Group

9.00am - 11.15am

Vector

Break: 11.15am - 11.30am

11.30am - 1.00pm

Vector (Charles River Associates (Asia Pacific) Limited)

1.00pm - 1.15pm

Vector

1.15pm - 1.30pm

Closing remarks by the Chair