Ann: ASSET: GFF: Goodman Fielder Completes Sale o

• Release Date: 24/02/14 13:01
• Summary: ASSET: GFF: Goodman Fielder Completes Sale of Biscuits Business
• Price Sensitive: No
• Download Document  761B

					GFF
24/02/2014 11:01
ASSET

REL: 1101 HRS Goodman Fielder Limited

ASSET: GFF: Goodman Fielder Completes Sale of Biscuits Business

Goodman Fielder announces that it has completed the sale of its Biscuits
business in Australia to Green's Food Holdings.

The divestment forms part of Goodman Fielder's ongoing strategy to optimise
its portfolio by refocusing its marketing and capital expenditure on its core
categories and brands where it has profitable, market leading positions.

Net proceeds will be used to reduce net debt and further strengthen Goodman
Fielder's financial position.

* * * * * * *

For further information contact:
Martin Cole
Director, Corporate Affairs
+61 2 8899 7272
End CA:00247398 For:GFF    Type:ASSET      Time:2014-02-24 11:01:06