Page 46 Advertisements Column 1

Press, 16 April 1986, Page 46

Consider the Equiticorp advantage when investing. is New Zealand’s major independent Investment and Merchant Bank, 91-5% f J ■ PER ANNUM JllßaJLi FOR ONE YEAR plus your tax saving* DEFERRED INTEREST DEBENTURE STOCK Right now, you can earn an attractive rate of interest while deferring the investment income to the 1987/88 tax year, when the new tax rates fully apply.* Interest on this investment is neither paid nor credited until maturity date. *For example: on a taxable income of $38,000+, the average marginal tax rate reduces from 57% in the year ending 31/3/87 to 48% in the year ending 31/3/88. Phone Christchurch 795-062 BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBHBSBBB 2 I B Allotments of Debenture Stock will only be made on receipt of the application g B form issued with Equiticorp Holdings Limited Prospectus No. 4 dated ® B 18 December 1985 which may be obtained from members of the Stock B Exchange, by phoning Equiticorp or by sending the coupon. “ ■ EQUITICORP HOLDINGS LIMITED i ■ PO BOX 3225, CHRISTCHURCH g * Please forward a copy of your Prospectus J Name._ — gg ■ B Z Address gj S B ® 1220CP H BBBBBBBBBBBBBBBBBBBBBBBBBBBHEBBBffIBBISE

This announcement appears as a matter of record only r J T Fisher and Paykel Industries Limited Nzs 15,000,000 Fixed Rate New Zealand Dollar Facility Sourced from Eurokiwi Swap Arranged and placed by Bank of New Zealand CORPORATE BANKING DIVISION Corporate Financial Services • Capital Markets Corporate Advisory Services • Project Financing OVERSEAS OFFICES IN • UNITED KINGDOM UNITED STATES OF AMERICA AUSTRALIA, SINGAPORE HONG KONG, JAPAN, FIJI.