FCL Welcomes Australian Competition Approval

Fletcher Challenge Welcomes Australian
Competition Authority Approval

AUCKLAND, 30 June 2000 – The Australian Competition and Consumer Commission (ACCC) has approved the Norske Skog acquisition of Fletcher Challenge Paper in Australia.

Fletcher Challenge Chief Executive Officer Michael Andrews welcomed the ACCC’s approval ahead of the Fletcher Challenge special shareholders’ meeting in Auckland next Tuesday (July 4) to consider approval of the sale.

ENDS

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