Wednesday, 19 May 2004, 1:19 pm Press Release: Rubicon
19 May 2004
Rubicon Increases Offer to $1.95 per Tenon
share
Rubicon Forests Limited announced today an increase
in its Offer price in respect of its partial takeover Offer
for Tenon Limited shares. The increased Offer price is
$1.95. The attached letter, together with an updated
Independent Advisor’s report that the consideration and
terms offered for both classes of Tenon shares is fair and
reasonable as between the two classes, will be sent to
shareholders.
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