Wednesday, 5 May 2004, 5:42 pm Press Release: Tenon
Shareholders Meeting Not Required To Approve Tarawera
Forestry Right Sale
Auckland, 5 May, 2004 – Tenon Limited
announced today that it had received confirmation from both
the New Zealand Exchange and the Australian Stock Exchange
that shareholder approval was not required in respect of the
NZ$165 million Tarawera forestry right sale to Kiwi Forests
Group Limited and Hancock Natural Resource Group, Inc. The
sale was announced to the market on 1 April 2004.
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