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Foster's Offer to Southcorp Extended

Melbourne, 08 March 2005

Foster's Group Limited (Foster's) today announced the extension by 14 days of the takeover bid by Beringer Blass Wines Pty Ltd (a wholly owned subsidiary of Foster's) for Southcorp Limited (Southcorp) contained in the bidder's statement dated 18 January 2005.

A copy of the Notice of extension of the Offer Period and a covering letter to Southcorp shareholders from the Chairman of Foster's is attached.

Further information:

Media
Lisa Keenan
Tel: +61 3 9633 2265
Mob: 0409 150 771

Investors
Chris Knorr
Tel: +61 3 9633 2685
Mob: 0417 033 623

PDF file Letter to Shareholders (PDF, 184 Kb)