Unmarketable Parcels Security Sale Facility

Unmarketable Parcels Security Sale Facility

14-Apr-2010

Thakral Holdings Group (Thakral) (ASX: THG) has established a secure sale facility (Sale Facility) for eligible securityholders who held an unmarketable parcel[1] of Thakral securities (Thakral Securities)[2] as at 7:00pm (Sydney time) on Tuesday 6 April 2010 (Record Date), to sell their Thakral Securities free of brokerage and handling fees.

The Sale Facility

The Sale Facility is being implemented under clause 10.9 of the constitution of Thakral Holdings Limited and clause 22.5 of the trust deed for the Thakral Holdings Trust.

It is proposed that on Thursday 15 April 2010, eligible securityholders will be sent the following documents in the form attached, (collectively, the Facility Documentation):

• a letter containing further information regarding the Sale Facility;
• the terms and conditions of the Sale Facility; and
• a personalised Security Retention Form.

Under the terms of the Sale Facility, if eligible securityholders with an unmarketable parcel do not advise Thakral of their intention to retain their unmarketable parcel (by completing and returning a Security Retention Form), and their securityholding does not increase to a marketable parcel, in either case at prior to 5:00pm (Sydney time) on Thursday 27 May 2010 (Closing Date), their Thakral Securities will be sold on-market on ASX on their behalf and the proceeds remitted to them by cheque no later than 15 business days after the Closing Date.

Calculation of Unmarketable Parcel

Based on the closing price of Thakral Securities on the Australian Securities Exchange (ASX) on the Record Date of $0.37 per Thakral Security, an unmarketable parcel was any holding of 1351 Thakral Securities or fewer.

Timetable*

* Times and dates may be amended by Thakral at any time by notice to the ASX.

For further information regarding the Sale Facility, please contact Link Market Services, on 1800 221 227 (within Australia) or +61 2 8280 7147 (outside Australia).

Andrew Horne

General Counsel/Group Company Secretary

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