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CHH confirms move to full ASX listing

Carter Holt Harvey confirms move to full ASX listing

The Board of Carter Holt Harvey Limited confirmed that the company will apply to convert its Australian Stock Exchange (ASX) Foreign Exempt listing to a full ASX listing.

Chief Executive Officer Chris Liddell said the move reflects the company’s growing strength in Australia.

“From a standing start we now have the largest market share in Australia in virtually every one of our core businesses. With more than 35% of our staff and over 40% of our sales coming from the Australian market it is appropriate we move to a full ASX listing.”

The company expects to move to a full ASX listing prior to 1 July 2002.

- Ends -



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