The Commerce Commission will hold a five-day conference on its draft decisions on the regulatory regime for electricity lines businesses from 10-14 March 2003.

The conference venue is CSI House, Level 5, 166 Featherston Street, Wellington. The conference will be chaired by John Belgrave.

A copy of the conference programme is attached.

Media are asked to confirm their attendance with Jackie Maitland, Communications Manager,

(04) 924-3708 or jackie.maitland@comcom.govt.nz

The conference is a further opportunity for interested parties to present their views on what thresholds the Commission should use to determine whether individual electricity lines businesses be investigated and, if necessary, controlled.

Whereas previous conferences (July and November 2002) focussed on possible forms of thresholds and asset valuation issues, the upcoming conference will focus on the Commission's proposed thresholds and their implementation in practice.

The Commission has received 54 submissions. All submissions are published on the Commission's website, www.comcom.govt.nz, select Electricity Lines Businesses.

REGULATION OF ELECTRICITY LINES BUSINESSES

TARGETED CONTROL REGIME CONFERENCE

(as at 12pm Friday 7 March 2003)

DATE / TIME PARTY GIVING SUBMISSION

Monday 10 March 2003

9.00am Opening remarks by the Chair

9.15am - 10.15am Vector/UNL

Break: 10.15am - 10.30am

10.30am - 11.30am Vector/UNL continued

11.30am - 12.00pm Federated Farmers

12.00pm - 12.45pm Electricity Network Association

Tuesday 11 March 2003

8.30am - 10.00am MEUG

Break: 10.00am - 10.15am

10.15am - 12.30pm Powerco

Lunch: 12.30pm - 1.30pm

1.30pm - 3.00pm Powerco continued

Break: 3.00pm - 3.15pm

3.15pm - 5.00pm Powerco continued

Wednesday 12 March 2003

8.30am - 10.30am Transpower

Break: 10.30am - 10.45am

10.45am - 12.30pm Dunedin Electricity

Lunch: 12.30pm - 1.30pm

1.30pm - 2.00pm Alan McCulloch

2.00pm - 3.00pm Simon Terry & Associates

Break: 3.00pm - 3.15pm

3.15pm - 4.00pm Network Tasman

4.00pm - 4.30pm Buller Electricity

4.30pm - 5.00pm Grey Power

Thursday 13 March 2003

8.30am - 10.15am Orion

Break: 10.15am - 10.30am

10.30am - 12.00pm Orion continued

Lunch: 12.00pm - 1.00pm

1.00pm - 2.30pm PricewaterhouseCoopers

2.30pm - 3.00pm WEL Networks

Break: 3.00pm - 3.15pm

3.15pm - 3.45pm WEL Networks continued

3.45pm - 4.00pm WEL Energy Trust

4.00pm - 5.00pm PowerNet

5.00pm - 5.30pm MainPower

Friday 14 March 2003

8.30am - 10.15am Hawke's Bay

Break: 10.15am - 10.30am

10.30am - 12.00pm Hawke's Bay continued

12.00pm - 12.30pm Hawke's Bay Power Consumers' Trust & Energy Trust of NZ

Lunch: 12.30pm - 1.30pm

1.30pm - 2.30pm Marlborough Lines

2.30pm - 3.00pm Nelson Electricity

3.00pm - 3.15pm Nick Urwin

End of conference

Media contact: Jackie Maitland, Communications Manager

Phone work (04) 924 3708, mobile 029 924 3708