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Chief Financial Officer Appointment

Fletcher Challenge Forests Announces Chief Financial Officer Appointment

AUCKLAND, 24 April 2001 - The Chief Executive of Fletcher Challenge Forests Limited, Terry McFadgen, today announced that John Dell has been appointed Chief Financial Officer for Fletcher Challenge Forests Limited.

The appointment comes as part of the reorganisation of Fletcher Challenge Forests after the separation of the Fletcher Challenge Group. “John is a welcome addition to the senior management team at Fletcher Challenge Forests Limited” said Mr McFadgen. “He brings strong technical skills and solid experience in a public company environment, and I look forward to his contribution.”

John Dell’s most recent role was as Chief Financial Officer for Air New Zealand. He had a number of financial roles with Air New Zealand after his appointment as Group Internal Auditor in 1994, including General Manager, Finance and Group Financial Controller. Prior to that he was a Senior Audit Manager for KPMG based in Wellington, Melbourne, Zurich, and New York.


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