More Fuel Savings. Why Not?

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EMBARGOED UNTIL 7AM 11 SEPTEMBER 2008

More Fuel Savings. Why Not?

Gull New Zealand is discounting fuel by 5 cents per litre for 27 hours

Auckland, 11 September 2008 –There was supposed to be sunshine, we all wanted sunshine, and despite predictions there was little sunshine. Therefore, Gull is putting aside its meteorological aspirations and focussing on doing what Gull does best – discounting fuel.

Gull will discount petrol by 5 cents a litre from 7am Thursday until 10am on Friday, giving the Kiwi motorist even more savings.

Dave Bodger, General Manager of Gull New Zealand says he is excited Gull can be offering yet another discount day.

“It’s just another way for Gull to say thanks to its loyal customers. With this discount in place for 27 hours Gull Regular 91 will be retailing at a maximum of 1.939,” says Bodger

“Gull is always delighted to pass on savings to the Kiwi motorist.”

The 5 cent discount is available at participating Gull service stations and builds on other discounts that Gull has consistently delivered to ensure Kiwi motorists receive lower fuel prices and choice when filling up.

Bodger also points out that motorists and Gull customers can benefit even further from the existing discount if they hold discount vouchers from supermarket store promotions.

“With last week’s Foodtown, Countdown and Woolworths10 cent discount vouchers, motorists can get a potential savings of 15 cents a litre,” says Bodger.

Prices noted are at the majority of retail sites where Gull controls the retail fuel price.

ENDS

Gull in New Zealand
Gull started operations in New Zealand with the building of a state of the art terminal in Mount Maunganui in 1998. Tanks were relocated from Marsden Point by barge, a feat the opposition said was “impossible”. Gull made the first retail sales of petrol in 1999 and has grown the network to 32 branded sites.

Gull was the first company to introduce low sulphur diesel to the New Zealand market bringing environmental benefits well ahead of the opposition. Gull is the only independent oil company operating in New Zealand and is credited with keeping the fuel market competitive and giving savings to the Kiwi motorist. .

About Gull Petroleum
Gull Petroleum was founded in 1976 with a single service station by a group of business people in Western Australia who saw the potential for an independent supplier. Rationalisation by the major oil companies at the time offered Gull the opportunity of obtaining sites considered unviable by the multi-nationals.

Adherence to a philosophy of low cost management, prudent investment decisions and a carefully planned marketing strategy enabled Gull to increase its number of outlets to thirty-five by 1984, when ownership of the company was consolidated with the Rae family.

Without much fanfare, Gull has expanded its network to nearly 100 service stations. It has become a serious player, offering a real choice for motorists in an extremely competitive market. The company remains today a fully family owned operation.

The Gull Group of Companies has grown from a small business to a modern, dynamic organisation of significance in the Australian and New Zealand petroleum industries. Furthermore, through Gull’s aggressive marketing approach, a planned increase in market share will herald the strengthening of the Gull name in Australia and New Zealand.

ENDS

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