Ann: GENERAL: FCG: Fonterra Confirms Danone Has I

• Release Date: 09/01/14 13:36
• Summary: GENERAL: FCG: Fonterra Confirms Danone Has Initiated Legal Proceedings
• Price Sensitive: No
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					FCG
09/01/2014 11:36
GENERAL

REL: 1136 HRS Fonterra Co-operative Group Limited

GENERAL: FCG: Fonterra Confirms Danone Has Initiated Legal Proceedings

Fonterra today confirmed that Danone has formally initiated legal
proceedings.

This action by Danone follows the whey protein concentrate precautionary
recall initiated by Fonterra in August last year.

Fonterra has been in ongoing commercial discussions with Danone and is
disappointed that they have resulted in legal action.

Fonterra will now work through the detail of Danone's claims. It continues to
be confident in its position and will vigorously defend any proceedings.

Fonterra stands by its track record of having world-class food safety and
quality standards, quality systems, and robust testing regimes across all its
manufacturing facilities.
End CA:00245923 For:FCG    Type:GENERAL    Time:2014-01-09 11:36:48