MEDIA RELEASE
21 September 2005

For immediate release

WRIGHTSON SHAREHOLDERS APPROVE
MERGER WITH PYNE GOULD GUINNESS

Wrightson Limited shareholders have approved the proposed merger with Pyne Gould Guinness, at a special meeting in Auckland today.

99.82 percent of those who voted at the meeting endorsed the merger proposal.

Pyne Gould Guinness shareholders will vote on the merger at a special meeting this Friday, 23 September.

ENDS