doesnt make sense, page-8

Mak you need to check your facts.

"What's the good news you've been talking about?"

The Australian, May 8 2008

CENTRO Properties Group has won support from its banks for a seven-month extension on its debt maturities.

Last-minute intervention from JP Morgan Australia chair Sir Rod Eddington convinced wavering Commonwealth Bank to back the deal, and German bank West LB also agreed to the extension.

Centro was expected to release a statement to the ASX this afternoon confirming the GOOD NEWS.