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Ports of Auckland undertaking: ITF comment

News Release International Transport Federation (ITF) March 24, 2012
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<P style="LINE-HEIGHT: 15pt" class=MsoNormal><SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt">Commenting on Ports of Auckland&#8217;s
undertaking to halt plans to make nearly 300 dockers redundant, cease
outsourcing operations, and re-enter negotiations with theMaritime Union of New
Zealand, ITF president Paddy Crumlin said:</SPAN></SPAN></P>
<P style="LINE-HEIGHT: 15pt" class=MsoNormal><SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"></SPAN></SPAN>&nbsp;</P>
<P style="LINE-HEIGHT: 15pt" class=MsoNormal><SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt">&#8220;This really is a victory for common
sense, and a ringing endorsement of MUNZs decision to resist the port company&#8217;s
plans and challenge them in law.&#8221;</SPAN></SPAN></P>
<P style="LINE-HEIGHT: 15pt" class=MsoNormal><SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"></SPAN></SPAN>&nbsp;</P>
<P style="LINE-HEIGHT: 15pt" class=MsoNormal><SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt">He continued: &#8220;The workers and their
union have been sincere all along in seeking a negotiated settlement. If the
company can genuinely match that willingness &#8211; and prove that they are committed
to a negotiated solution &#8211; then an end to this dispute and the damage it has
done to the port&#8217;s reputation could be within
reach.</SPAN></SPAN></P></DIV></BODY></HTML>