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Dairy Farmers Asking Key Questions

21 July 1999
PR73/99

DAIRY FARMERS ASKING KEY QUESTIONS

Dairy Farmers of New Zealand National Chairman Charlie Pedersen said today that farmers were already proving they were digesting the information received from their dairy companies by asking about the outstanding issues to be decided.

"The most frequently asked questions in the last two days are about the valuation formula for Mega Co shares, how robust the formula is; and how or who will be elected to the Quota Co board," Mr Pedersen reported.

Farmers are also becoming alarmed that a chairman for the Transition Board still has not been decided. "This does not bode well for our ability to get time-wasting politics out of our industry."

Mr Pedersen said that farmers want their leaders to get on with the many important issues facing the industry and to stop squabbling over who is going to be leader.

ENDS


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