*NEWS*LEXMARK’S N-ZEALAND RECYCLING PROG

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Date: Friday February 25, 2005 09:25:00 am
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    Lexmark launches NZ recycling program

    Lexmark has announced a new environment initiative in New Zealand which aims
    to recycle more than 20 per cent of toner cartridges sold,turning them into a
    range of goods such as recycled plastic park benches,building materials and
    office stationary.

    IAG New Zealand is the first participant to sign up and enjoy an upfront
    discount in exchange for their agreement to return the cartridge to Lexmark for
    remanufacturing or recycling, and help keep tens of thousands of cartridges out
    of New Zealand landfills.

    For further information, or to speak to Lexmark or IAG regarding this
    program, please contact Jessica Sealby or Guy Downes at Howorth Communications
    on +61 2 8281 3810 or pr@howorth.com.au

    Lexmark launches NZ recycling programme
    – IAG NZ to sign up as first
    programme participant –
    – Businesses targeted in toner cartridge drive –

    AUCKLAND, January 25, 2005 – Lexmark aims to recycle more than 20 per cent of
    all its toner cartridges sold in New Zealand this year as part of a new
    environmental initiative launched today. The recycling initiative is already
    underway with IAG New Zealand Limited, a wholly owned subsidiary of Insurance
    Australia Group (IAG), Australasia’s largest general insurer, to sign up as the
    first enterprise participant.

    As part of the programme, New Zealand businesses such as IAG NZ – which
    trades under the State and NZI brands — will be offered an upfront discount in
    exchange for their agreement to return the cartridge to Lexmark for
    remanufacturing or recycling. Lexmark will collect the used cartridges from the
    participating businesses at no charge.

    The collected cartridges will be turned into a range of goods such as
    recycled plastic park benches, building materials and office stationery, or
    remanufactured or reused by Lexmark.

    Henrik Stensfeldt, Managing Director, Lexmark Australia and New Zealand, said
    the Lexmark programme was an important one.

    “Lexmark’s goal is to provide printing solutions that are the best in the
    world for our customers and the environment. This initiative will help keep tens
    of thousands of cartridges out of New Zealand landfills,” Stensfeldt said.

    “The programme allows us to account for every toner cartridge used by our
    participating business customers. This means no cartridges are inadvertently
    thrown away. Those that cannot be reused are broken down and every component is
    recycled.”

    All of Lexmark’s business customers in New Zealand will be invited to
    participate in the programme. It follows other recent initiatives undertaken by
    Lexmark throughout the world.

    Anthea Ogilvie, Sustainability Consultant, IAG NZ, said, “With more than 50
    State and NZI branch and office locations around the country we can find it
    difficult to keep track of all the print consumables we have on the go. Having a
    guaranteed tracking process, such as that provided by Lexmark, assists us to
    meet our commitment to reducing the environmental impact of our everyday
    business processes.”

    Stensfeldt said Lexmark is also offering businesses solutions designed to
    reduce the amount of paper they use.

    “Sometimes businesses do not fully realise the true cost of waste – both to
    the environment and the bottom line. The hidden costs of waste have been
    calculated at between five and 20 times higher than most businesses realise,”
    Stensfeldt said.

    “Lexmark is designing output solutions that actually help New Zealand
    organisations print less. By realigning their output environment, Lexmark can
    help organisations reduce waste and spend considerably less on paper and other
    supplies.”

    A solution designed for Lexmark’s own headquarters in the United States kept
    1 million kilograms of scrap metal and 195,000 kilograms of plastic out of
    landfill during last year alone.

    To find out more about the Lexmark Environmental Programme – and the
    company’s commitment to protecting the Earth’s natural resources – visit
    http://environment.lexmark.com .More
    information on Lexmark’s global collection and recycling programs can be found
    at http://www.lexmark.com/recycle
    .

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