A2 Corporation Announces Sgm To Ratify New Shareholders
Auckland, 12 September 2008 - A2 Corporation (NZAX: ATM) (A2C) has sent to shareholders today a Notice of Special
Meeting relating to a meeting to be held at 3pm on 26th September, immediately following the Company's Annual Meeting on
the same day.
The Special Meeting has been called to consider and if appropriate ratify the recent placements of new shares to Child
Health Research Foundation (CHRF) and AMP Capital Investors. Shareholders have also been asked to approve a placement of
50,000,000 new shares in the Company at an issue price of 10 cents per share to an investment fund associated with the
Chicago-based Equity Group Investments, LLC. The placement to EGI-Fund (08-10) Investors, LLC(EGI) will raise gross
proceeds of $5.0 million.
Cliff Cook, Chairman of A2C said "We are delighted to be in a position to put to shareholders these resolutions relating
to the commitments being made by various leading organisations. As a result of the recently completed rights issue, the
placement to AMP Capital Investors and other NZ based institutional investors, and the proposed placement to EGI, A2C
will be in a very strong financial position to take the business forward. The funds raised will ensure the Company can
take advantage of the opportunities in front of it without a requirement to return to minority shareholders for further
capital."
Mountain Road Investments Limited (MRI) (48.08% shareholder in the Company) is entitled to vote and has indicated it
will vote in favour of the resolutions. None of AMP Capital Investors, CHRF or EGI is associated with MRI.
About A2 Corporation
A2 Corporation Ltd owns and licenses intellectual property that enables the identification of cattle for the production
and subsequent marketing of a2 Milk(tm). a2 Milk(tm) is naturally produced to contain maximum amounts of a milk protein
variant that is associated by a number of studies with potential benefits in some individuals. A2 Corporation Ltd
receives royalty income from sales of a2 Milk(tm) products and testing for A2 cattle, and shares in the profits or
losses of associates and subsidiaries formed for those purposes.
ENDS