S&P Global - CIAL Bulletin

S&P Global Ratings has released a bulletin explaining that the recent revision in the outlook on Christchurch City Holdings Ltd ('CCHL') to negative does not affect their rating on Christchurch International Airport Limited ('CIAL'). This bulletin does not constitute a rating action. A copy of the S&P research bulletin is attached to this release. ENDS For Further Information: Tim May Chief Financial Officer Phone: +64 21 228 3505 e-mail: tim.may@cial.co.nz