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- Release Date: 28/08/13 17:43
- Summary: GENERAL: FSF: FONTERRA SEEKS CLARIFICATION - MINISTRY PRIMARY INDUSTRIES
- Price Sensitive: No
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FSF
28/08/2013 15:43
GENERAL
REL: 1543 HRS Fonterra Shareholders' Fund (NS)
GENERAL: FSF: FONTERRA SEEKS CLARIFICATION - MINISTRY PRIMARY INDUSTRIES
FONTERRA SEEKS URGENT CLARIFICATION FROM MPI IN RESPONSE
TO GROWING MARKET RUMOURS
Fonterra has today made a formal and urgent request to the Ministry for
Primary Industries (MPI) to release initial results received from additional
testing that was commissioned by MPI following Fonterra's precautionary
recall earlier this month.
Fonterra's request is in response to growing speculation in New Zealand and
overseas that the new round of tests commissioned by MPI after Fonterra's
global recall show negative results for Clostridium botulinum.
Chief Executive Theo Spierings said: "There is too much at stake for New
Zealand, its exporters, Fonterra, its customers, and consumers for MPI to
delay if there is any foundation to the rumours."
Mr Spierings said that as a result of Fonterra's precautionary recall, there
is still uncertainty in a number of markets, and product remains held at some
borders. He added that any new information has a potential major economic
impact.
"MPI has confirmed to us that it has received preliminary results from the
additional testing it commissioned.
"We are now asking MPI to provide immediate clarification on the test results
they have received to date to ensure that markets and stakeholders can be
informed," he said
End CA:00240316 For:FSF Type:GENERAL Time:2013-08-28 15:43:22
