Ann: TAKEOVER: KMD: Kathmandu takeover holding statement

• Release Date: 02/07/15 09:39
• Summary: TAKEOVER: KMD: Kathmandu takeover holding statement
• Price Sensitive: No
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					KMD
02/07/2015 09:39
TAKEOVER
NOT PRICE SENSITIVE
REL: 0939 HRS Kathmandu Holdings Limited

TAKEOVER: KMD: Kathmandu takeover holding statement

KATHMANDU HOLDINGS LIMITED
NZX/ASX/MEDIA ANNOUNCEMENT
02 July 2015

Take no action in relation to takeover notice from
Briscoe Group Limited for Kathmandu Holdings Limited

Kathmandu Holdings Limited ("Kathmandu") acknowledges the formal notice that
has been provided by Briscoe Group Limited ("Briscoe") of its intention to
make an offer to acquire all of the ordinary shares of Kathmandu that it does
not already own, for consideration of five Briscoe shares for every nine
Kathmandu shares and NZ$0.20 in cash per share.

At this stage Kathmandu is not in a position to comment further. The Board of
Kathmandu will meet shortly to consider the takeover notice and draft offer
in detail.
Until the Board of Kathmandu has given further guidance, shareholders are
strongly advised to take no action in relation to Briscoe's notice of
intention to make a takeover offer.

Kathmandu is being advised by Goldman Sachs.

Media:
Helen McCombie
Citadel-MAGNUS
Tel: + 61 2 8234 0103

Investors:
Reuben Casey
Chief Financial Officer
Tel: +64 3 968 6166
End CA:00266522 For:KMD    Type:TAKEOVER   Time:2015-07-02 09:39:08