Foster's Group Limited (Foster's) announces that it has extended its takeover offer for Southcorp Limited (Southcorp) by 14 days so that the offer will now close at 5:00pm Melbourne time on Thursday 26 May 2005.
Foster's confirms that all conditions of the offer other than the 90% Condition contained in section 2.12(a) of its bidder's statement have either been fulfilled or waived. Further, in accordance with ASX Listing Rule 3.2, Foster's discloses that it had a relevant interest in 18.8% of the shares of Southcorp when its offer was made and now, with an additional interest in 21.0% of the shares of Southcorp (9.1% through acceptances into the offer and 11.9% though acceptance instructions held in the Institutional Acceptance Facility), has an interest in 39.8% of the shares of Southcorp.
A shareholder letter and formal notice extending the offer period are attached.
If Southcorp shareholders have questions in relation to the Foster's offer, or wish to obtain a replacement transfer and acceptance form, they should call the Foster's offer enquiry line on 1800 101 769 (international callers should call +61 3 9415 4242).
Media
Lisa Keenan
Tel: +61 3 9633 2265
Mob: 0409 150 771
Investors
Chris Knorr
Tel: +61 3 9633 2685
Mob: 0417 033 623
Offer Extension Letter (PDF, 132 Kb)
