Annual meeting and director nomination dates

News release to New Zealand Stock Exchange

March 8, 2010

Property for Industry Limited advises that its annual meeting of shareholders will be held on Friday, 21 May 2010 at the Ellerslie Convention Centre, Auckland.

Pursuant to NZSX Listing Rule 3.3.5, Property for Industry Limited advises that director nominations are now open. The closing date for nominations will be midday on Monday, 22 March 2010.

Director nominations should be sent to Andrew Penn at Ground Floor, PWC Tower, 113-119 The Terrace, Wellington 6011 or andrew.penn@ampcapital.co.nz

For and on behalf of the Board of Directors

8 March 2010
Andrew Penn
Company Secretary