Completion of Debt Re-negotiation

Completion of Debt Re-negotiation

29-Sep-2009

Thakral Holdings Group wishes to advise that it has today completed the re-negotiation of its Syndicated Debt Facility.

As foreshadowed in the Press Release that accompanied the Appendix 4E Preliminary Final Report, released on 28 August 2009, Thakral has converted the “in principle” agreement with its Syndicated Bank Group into a revised Facility Agreement.

The revised Facility Agreement has a term of 3 years, ending on 30 September 2012 for $655 million, amortising over 3 years to $505 million. The margin represents an increase on that currently being paid but is in line with general market rates for similar facilities.

Please provide us with your confirmation of release to the market.

Yours faithfully



Andrew Horne
Group Company Secretary

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