Tower Australia

Dai-ichi Life Proposal

Background

On 8 August 2008, Dai-ichi Life agreed to acquire Guinness Peat Group plc (GPG)’s 29.7% shareholding in TOWER Australia in three tranches:

  1. 14.9% was acquired unconditionally on 13 August 2008;
  2. 5.0% was acquired following regulatory approvals; and
  3. The remaining 9.8% is to be acquired subject to TOWER Australia shareholder approval and regulatory approvals.

Shareholder Meeting

A meeting of TOWER Australia Shareholders is to be held on Friday 17 October 2008 commencing at 10.00am (Sydney time). The meeting is to be held at The Barnet Long Room, Level 1 Customs House, 31 Alfred Street, Circular Quay, Sydney, Australia.

The Explanatory Memorandum and Notice of General Meeting has been released on the ASX announcements platform and is expected to be dispatched to Shareholders on or around 10 September 2008.

Shareholder Information Line

A Shareholder Information Line is available for further information.

1300 363 365 (within Australia)
0800 448 299 (within New Zealand)
+61 3 9415 4672 (International)

Check your Personal Holdings / Update your Details

You can access your shareholding details and manage your shareholding on Computershare's website.

Use the company code TAL and your shareholder number.

If you do not have your shareholder number, contact Computershare on 1300 656 389 (from Australia) or +61 3 9415 4379 (from overseas) or send an email

© TOWER Australia Group Limited ACN 003 401 698, AFSL 237848