29 June, 2007

Australia: Kent brewery transaction completed

Foster’s posted on June 29th that the following transactions, announced in April and June 2007 respectively, have now completed:

--- the sale of Cellarmaster Wines and Vinpac International in Australia, Cardmember Wines and Carters in New Zealand and its investment in Wine Buzz in Japan to Archer Capital Pty Ltd; and
---the sale of the former Kent brewery site in Sydney, Australia to Frasers Property.

Proceeds from these transactions will be recorded in Foster's Group Limited Annual Financial Results for the period ending 30 June 2007.

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