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Price Rise RETRACTION (01/08/2008)

01 Jul 2008

Olex wishes to advise that we will not be implementing a price rise on 1 August 2008.

This is due to the belief that a Price Rise so close to the recent Price List Restructure will cause undue amounts of uncertainty in the market place.

However the ongoing increase in raw materials, in particularly plastics, will require a significant price rise in the very near future.

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Olex wishes to advise that there will be a price increase effective 1st August 2008, which will apply to all orders supplied from this date.

This is a consequence of increases in non metal raw materials particularly PVC & XLPE components.

To assist in your planning, the following increases will apply:

Product Type

1st August 2008

Copper Power Cables

5.0%

Aluminium Cables

5.0%

Glands & Accessories

0.0%


A copy of the 1st August 2008 Olex Price List will be available for download from our website:

www.olex.co.nz/Products/Price-Lists.html

We very much appreciate your custom and look forward to our continued working relationship with you.

 

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