INDEPENDENT NEWS

Tarawera Forestry Right Sale - No Meeting Needed

Published: Wed 5 May 2004 05:42 PM
Shareholders Meeting Not Required To Approve Tarawera Forestry Right Sale
Auckland, 5 May, 2004 – Tenon Limited announced today that it had received confirmation from both the New Zealand Exchange and the Australian Stock Exchange that shareholder approval was not required in respect of the NZ$165 million Tarawera forestry right sale to Kiwi Forests Group Limited and Hancock Natural Resource Group, Inc. The sale was announced to the market on 1 April 2004.

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