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NZX Announcement 21 June 2024 Please find attached an updated list of LGFA guarantors as at 21 June 2024. Horowhenua District Council have had their credit rating downgraded to "A+" with a negative outlook by S&P Global Ratings. They were previously rated "AA-" with a negative outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark Butcher, Chief Executive. Telephone +64 4 974 6744 Email mark.butcher@lgfa.co.nz Website lgfa.co.nz