Pike River Coal Limited: Been Named New Zealand Best On-line Communicator Of Top 50 Listed Companies

14:15 AEST Oct 29, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved.

Wellington, New Zealand (ABN Newswire) - Pike River Coal Limited (NZE: PRC) (PINK: PKRRF) has been named New Zealand's best on-line communicator of the country's top 50 listed companies.

The company has taken first place in the 2010 Best Investor Website Awards (BIWA), ahead of second placed Fletcher Building (NZE: FBU) (PINK: FRCEY) and third placed Goodman Fielder (ASX: GFF) (PINK: GDFLY).

The annual awards, organised by Wired Internet Group in conjunction with Christchurch Polytechnic's Information design lecturer Bruce Russell, are endorsed by the New Zealand Shareholders Association, and evaluate how well NZX50 listed companies' websites meet the needs of investors.

Pike River scored 90 out of a possible 100 - the highest in the awards' four-year history.

Pike River Relationships Manager Helene Ambler says the award is very encouraging.

'Our website is a critical and integral part of our investor communications tool box. This sort of acknowledgement recognises that we are hitting the mark in how we communicate on-line with investors.

'Our shareholders demand and deserve transparency in communications and we are committed to ensuring they get what they need from our site.

'We've found that all sections of our site are visited regularly. Our Investor Centre, which provides links to our quarterly, interim and annual reports as well as information on analyst reports, gets a lot of traffic.

'Investors also make good use of the 'About Us' section that provides them with a vehicle with which to make direct contact with company representatives. This is an important feature of the site as it personalises communication which is important to our investors and to us.'

Miss Ambler says the company is thrilled with the win. 'However, there is always room for improvement. This award has inspired us to endeavour to continually improve the site and ensure it consistently serves the needs of our investors.'


About Pike River Coal Limited:

Pike River Coal Limited (NZE:PRC) continues to make good progress in the development of its underground premium hard coking coal mine, located 50 kilometres north east of Greymouth on the South Island's West Coast. Under Pike River's mine plan 17.6 million tonnes of high quality, low ash coking coal will be produced over the mine life for use in the steel making industry, particularly in Asia and the sub-continent. Pike River's hard coking coal will be used by coke and steel makers and will be an important component in the coke making blend due to its low ash, low phosphorous and high fluidity.




Contact:

Helene Ambler
Relationships Manager
Pike River Coal Limited
Tel: +64-4-494-0190
http://www.pike.co.nz