INDEPENDENT NEWS

Closing Date Extended

Published: Wed 24 Oct 2007 01:44 PM
News Release
Masthead Portfolios Extends the Closing Date for its Cash Offer
for Abano Healthcare
24 October 2007 – Masthead Portfolios Ltd today advised that it will be extending the closing date on its partial takeover offer to all shareholders in Abano Healthcare Group Ltd.
Its $3.85 a share cash offer will now be open for a further 20 days, closing on 29 November 2007.
Masthead is the largest shareholder in Abano with a 19.9 per cent stake. It intends to use the extra time to closely analyse and assess the Target Company Statement, which was released to the market today.
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