Monday, 26 February 2018

Announcement

GENERAL: FCG: Fonterra requests temporary trading halt

01 Dec 2017 08:30NZX
1 December 2017

FONTERRA REQUESTS TEMPORARY TRADING HALT

Fonterra Co-operative Group Limited (for itself and on behalf of Fonterra
Shareholders'' Fund) has requested an immediate trading halt to be applied to
their respective securities on:

1.  the ASX;
2.  NZX Main Board/Debt Market; and
3.  the Fonterra Shareholders Market.

This request has been made to give Fonterra time to consider the outcome of
its arbitration with Danone regarding Fonterra''s 2013 Whey Protein
Concentrate precautionary recall.

Fonterra has been advised that it will receive the arbitration tribunal''s
decision today. The decision document is expected to be both lengthy and
complex and neither party has been given advance notice of the tribunal''s
findings. Fonterra will not be in a position to immediately assess any
financial implications and advise the market.

Fonterra CEO Theo Spierings said the Co-operative expected to make a market
announcement in relation to the Danone arbitration decision as soon as
possible after the decision is received.

"Fonterra remains in a strong financial position and any damages award will
not affect our ability to operate. We will share further details with the
market, our farmers and staff as soon as practical," he said.

Anya Wicks
Company Secretary

Fonterra Communications
Phone: +64 21 507 072
End CA:00311227 For:FCG    Type:GENERAL    Time:2017-12-01 08:30:08
Views: 3
FCG 00/00/00 7.0% Fonterra Co-operative
 98.50 Change:
0.00
0.00%
 
Open:98.50 
High:98.50 
Low:98.50 
Volume:0 
Last Traded:07/02/18 00:20:50 
Bid:97.00 
Ask:97.60 
52-Wk High:97.60 
52-Wk Low:90.00