Fonterra Shareholders Reminded To Vote

Fonterra Shareholders Reminded To Vote

With less than one week of voting remaining in Fonterra’s 2008 elections, almost 16% of votes have already been cast. Three Directors are being elected from four candidates for the Board, two members from three candidates for the Directors’ Remuneration Committee, and one Shareholders’ Councillor from two candidates in each of Wards 1 and 22.

Voting closes at midday on Tuesday, 25 November 2008 and time now only allows for shareholders to vote by internet or fax.

“I would like to remind shareholders to take this opportunity to exercise their right to vote as soon as possible and have a say,” says Returning Officer Warwick Lampp. “This is an opportunity for shareholders to exercise control in their Co-operative by electing Directors to the Board.”

“Any shareholder who has lost or not received their Voter Pack should contact me immediately for a replacement on the Election Hotline – free phone 0508 666 446.”

Online secure voting through Fencepost.com is being used again this year with internet voting proving to be more popular than voting by fax. “On-line voting is a better option for those last minute voters as it doesn’t delay the counting,” says Mr Lampp.

Election results will be announced at Fonterra’s Annual Meeting on Wednesday, 26 November 2008 at the Awapuni Function Centre, Palmerston North. All shareholders will be advised of the election results in a letter from the Board Chair.

Any queries regarding the election should be directed to the Election Hotline on free phone 0508 666 446.

ENDS

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