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ASSET MANAGEMENT PLAN AND STRATEGIC GOALS

Click here to download the 2007 Asset Management Plan (1MB PDF file): NP AMP 2007.pdf

Northpower's 2007 Asset Management Plan was completed on the 31st August 2007 and approved by the Board of Directors on the 10th September 2007. The Asset Management Plan is prepared in order to provide a framework for managing Northpower's assets in the most cost-effective way in order to achieve the Company's strategic goals. The Plan focuses on levels of service, network development, lifecycle asset-management planning and the resulting long term cash flow requirements.

The Plan is also prepared to comply with regulatory requirements, to establish and evaluate performance benchmarks, and to demonstrate responsible management of assets on behalf of the Company's shareholders as well as other stakeholders.

The 2007 Asset Management Plan covers the 10 year period from April 2007 to March 2017. A downloadable PDF file version of this Plan is available via the link above. Alternatively, a paper copy of the Plan can be requested by writing to: The Chief Executive, Northpower Limited, Private Bag 9018, Whangarei, New Zealand. Comments and submissions relating to the Asset Management Plan are welcome and can be submitted using the e-mail facility and this address: info@northpower.com

The 2008 Asset Management Plan will be published at the end of August 2008.