NZF
12/10/2010 15:47
GENERAL

REL: 1547 HRS NZF Group Limited

GENERAL: NZF: Successfully exit the Crown Retail Deposit Guarantee Scheme

(NZF) NZF Group Limited - Subsidiary companies NZF Money Limited and Finance
Direct Limited successfully exit the Crown Retail Deposit Guarantee Scheme.

NZF Group Limited (NZF) is pleased to advise that its wholly owned subsidiary
(NZF Money Limited) and 70% owned subsidiary (Finance Direct Limited) have
successfully exited the Crown Retail Deposit Guarantee Scheme (RDGS).

The RDGS was established on 12 October 2008 by the Government for a term of
two years, to provide confidence and stability within the NZ banking system
(as well as the non bank sector) at a time of worldwide financial crisis. NZF
Money Limited (NZFM) was one of the first non banks to be accepted into the
RDGS, with Finance Direct Limited (FDL) following shortly thereafter.

While the RDGS achieved its objective of stabilising the market, it also had
the adverse effect of attracting large numbers of investors only seeking a
higher return with a Government guarantee, with absolutely no intention of
remaining long term investors. This put unnatural pressure on cash flows
nearing the expiry of the guarantee.

NZFM and FDL planned out their cash flows and carefully managed their deposit
and lending books to ensure that they could successfully manage the expected
net outflow of investors
that were taking advantage of the RDGS.

NZFM and FDL would like to thank all long term loyal investors that have
remained with them before, during and beyond the expiry of the RDGS.

ENDS

Malcolm Lindeque
For and on behalf of the board of directors
Company Secretary
NZF Group Limited
End CA:00200936 For:NZF Type:GENERAL Time:2010-10-12 15:47:48