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Godfrey Hirst And Feltex Hold First Meeting

6 July 2005

Godfrey Hirst And Feltex Hold First Meeting

Godfrey Hirst Australia Pty Limited (“Godfrey Hirst”) today confirmed it had met with Feltex representatives to hold an initial discussion regarding a possible merger of the two companies.

Godfrey Hirst Finance Director, Jim Walsh said it was a constructive first meeting and Godfrey Hirst looked forward to progressing more detailed discussions with Feltex.

“We believe that a merger between Godfrey Hirst and Feltex could have benefits for both companies and their respective shareholders,” he said.

ENDS

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