Thursday 20 September 2001 For Immediate Release

Passage Of Legislation

Fonterra Co-operative Group Ltd has welcomed today’s passage of the Dairy Industry Restructuring Bill.

“We thank all MPs who supported the Bill to allow for the creation of Fonterra and all that we want to achieve for our shareholders and New Zealand,” Chairman John Roadley said.

The next steps in the process towards the formation of the company are the Royal Assent by the Governor-General and formal resolutions by the boards of Kiwi Co-operative Dairies, New Zealand Dairy Group and Fonterra Co-operative Group Ltd.

“The onus will then be on Fonterra to deliver on the promises we have made, starting with the more than $300 million in annual gains by the third full year after the merger,” Mr Roadley said.

END

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Gordon Campbell: On the Sony cyber attack

Given the layers of meta-irony involved, the saga of the Sony cyber attack seemed at the outset more like a snarky European art film than a popcorn entry at the multiplex.

Yet now with (a) President Barack Obama weighing in on the side of artistic freedom and calling for the US to make a ‘proportionate response’quickly followed by (b) North Korea’s entire Internet service going down, and with both these events being followed by (c) Sony deciding to backtrack and release The Interview film that had made it a target for the dastardly North Koreans in the first place, then ay caramba…the whole world will now be watching how this affair pans out. More>>