β¨ Auditor's Certification
PRICEWATERHOUSECOOPERS
PricewaterhouseCoopers
23-29 Albert Street
Private Bag 92162
Auckland, New Zealand
DX CP24073
Telephone +64 9 355 8000
Facsimile +64 9 355 8001
CERTIFICATION BY AUDITOR IN RELATION TO VALUATION
We have examined the valuation report of WEL Networks Limited and dated 2 July 2001, which report contains valuations of system fixed assets as at 31 March 2001.
In our opinion, having made all reasonable enquiry, to the best of our knowledge, the valuations contained in the report, including the total valuation of system fixed assets of $156,546,542 have been made in accordance with the ODV Handbook.

PricewaterhouseCoopers
Chartered Accountants
Auckland
23 July 2001
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 110
Gazette.govt.nz —
NZ Gazette 2001, No 110
β¨ LLM interpretation of page content
π°
Auditors' Opinion of Performance Measures
(continued from previous page)
π° Finance & Revenue23 July 2001
Auditors' Opinion, Financial Statements, Valuation, WEL Networks Limited, System Fixed Assets
- PricewaterhouseCoopers, Chartered Accountants