announcement, page-40

People hoping for 10 cents a share are likely to be very disappointed. Here are a couple of extract from an article this morning which is linked below:

"But, as part of the proposal, only $100 million will remain from the deal to be shared between CNP shareholders, its junior lenders, bondholders and claimants in two pending class actions."

"Some analysts questioned why the shares did not fall further yesterday. One estimated that CNP unit holders were likely to end up with 1c for every share after the $100m was distributed.

Only retail investors remain as holders of the CNP stock."

http://www.theaustralian.com.au/business/property/centros-4bn-shopping-centre-refit/story-e6frg9gx-1226014388001