Distribution Reinvestment Plan
On 3 December 2007, Babcock & Brown Power (BBP) announced the implementation of a Distribution Reinvestment Plan (DRP) for BBP Securityholders. The DRP enables Securityholders resident in Australia (and any other jurisdiction where the laws of that jurisdiction permit participation) to reinvest their dividends and trust distribution (Distribution) in new fully paid BBP stapled securities. It is a convenient and cost-effective way for Securityholders to increase their holding in BBP.
The Directors of BBP have determined that the BBP stapled securities under the DRP will be issued at an initial 2.5% discount to a volume weighted average market price, until further notice. Participation in the DRP is voluntary, and may be in respect of either some or all of your BBP stapled securities.
Terms & Conditions - this booklet outlines the rules of the DRP and has an Application/Variation Form enclosed.
DRP Application/Variation Form
Participation - In order to participate, or vary your particpation, in the DRP, Securityholders must complete and return an Application Form or a DRP Variation/Termination notice to BBP's registry, Link Market Services Limited. Please note, to be effective for a particular Distribution, the Form must be received by the registry before the Record Date for that Distribution.
Link Market Services
Ph: 1800 260 668 (within Australia) or +61 2 8280 7619 (outside Australia)
email: registrars@linkmarketservices.com.au