The successful off-market takeover bid for all of the ordinary shares in Burns, Philp & Company Limited (Burns Philp) by Rank Group Australia Pty Limited (Rank Australia), a subsidiary of Rank Group Limited (Rank) has completed.  Burns Philp is now wholly owned by Rank.

Burns Philp was de-listed prior to commencement of trading on 20 December 2006.

Burns Philp is currently holding the total amount paid by Rank Australia under compulsory acquisition in trust for former shareholders whose shares were compulsorily acquired.  Those former shareholders can claim their consideration of A$1.10 for each share by returning a claim form sent to them on 20 December 2006.

Please note that if the consideration under compulsory acquisition is not claimed before September 2008, the consideration will be transferred to the Australian Securities & Investments Commission (ASIC) and ASIC will hold the consideration in an unclaimed money account for a further period of 6 years.

If you are a former Burns Philp shareholder and have any queries on how to claim the compulsory acquisition consideration, or your former shareholding, please call the Burns Philp share registry on (02) 8280 7127.  If calling from outside Australia please call +61 2 8280 7127.

                                                     ___________________________
 

The Capital Notes issued by Burns Philp Finance New Zealand Limited remain listed on the New Zealand Exchange Limited (NZX) under company codes BPF010 and BPF020.

To view the NZX announcements made by Burns Philp Finance New Zealand Limited please click on the Announcements page.

The information contained on the Burns Philp website is for general use only.

Updated 12 May 2008.