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Feltex Carpets Receivership update
24 OCTOBER 2006
NZX ANNOUNCEMENT AND MEDIA
RELEASE
Feltex Carpets Limited (In Receivership) (“Feltex”)
Receivership update
The Receivers and Managers are pleased to announce that contracts have been executed for the sale of Feltex’s assets and operations to the Godfrey Hirst Group, on terms consistent with our previous announcements.
The Receivers and Managers are working closely with Godfrey Hirst on preparations for the change in ownership, and pleasing progress is being made towards a handover during November 2006.
Colin
Nicol
Receiver and
Manager
ENDS
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