| ||Time running out for discount share offer|| ||
Growers looking to increase their shareholder in AWB Limited will need to act quickly in order to do so as part of the current Share Purchase Plan, and achieve a discount on their purchase price.
Following the recent acquisition of Landmark, AWB is offering B-class shareholders the opportunity to subscribe for shares worth up to $5,000 through the Share Purchase Plan.
As part of the Plan, shareholders will pay a maximum of $3.70 per share. The final price of the shares will either be $3.70 per share, or a value that is a 5 per cent discount to the volume weighted average price during the 5 business days immediately after the closing date, 10 October 2003 - whichever is lower.
The shares will also be provided free of brokerage and transaction costs.
Shares will be allotted to successful applicants on 20 October 2003, which mean they will be entitled to participate in the final 2003 dividend, payable in December 2003.
To be eligible, shareholders must have been on the AWB share register as at 4 September 2003 with a registered address in Australia.
This represents an ideal opportunity for our existing shareholders, who are predominately Australian wheat growers, to increase their holdings in AWB Ltd.
All shareholder will have received an information pack in the mail explaining details of the Share Purchase. Those requiring more information can contact Computershare Investor Services on 1800 810 032.