summarisation, page-14

what does this release of info mean? they look like they're trying to show that their position that BBIPL cant be pushed in to liquidation is solid.

RELEASE OF MATERIAL - RESTRUCTURE OF SUBORDINATED NOTES

Babcock & Brown (ASX: BNB) today announces that following requests from some
noteholders, Babcock & Brown Limited (BBL) has agreed to make each of the
following documents available for inspection by noteholders at the locations
set out below:

- A copy of the Parent Subordination Deed between BBL and Babcock &
Brown International Pty Ltd (BBIPL).
- A copy of the BBSN and BBSN2 Subordinated Loan Agreements between BBL
and BBIPL.
- A copy of the BBSN and BBSN2 Subordination Deeds between BBIPL, the
note trustee and BBIPL's security trustee.
- An extract from the Syndicated Facility Agreement between BBIPL and
its senior lenders.

The documents can be inspected at the following locations:

- BBL's offices at Level 23, The Chifley Tower, 2 Chifley Square,
Sydney NSW Australia between 9am and 5pm on Wednesday 11 March and Thursday
12 March 2009.
- Bell Gully, Vero Centre, 48 Shortland Street, Auckland New Zealand
between noon and 5pm on Wednesday 11 March and 9am to 5pm on Thursday 12
March 2009.