ASX - Wine Clubs & Services and Kent brewery transactions complete

Melbourne, 29 June 2007

29 June 2007

Wine Clubs & Services and Kent brewery transactions complete

The following transactions, announced in April and June 2007 respectively, have now completed:

• the sale of Cellarmaster Wines and Vinpac International in Australia, Cardmember Wines and Carters in New Zealand and its investment in Wine Buzz in Japan to Archer Capital Pty Ltd; and
• the sale of the former Kent brewery site in Sydney, Australia to Frasers Property.

Proceeds from these transactions will be recorded in Foster's Group Limited Annual Financial Results for the period ending 30 June 2007.

Further information:

Media                                                                         Investors

Troy Hey                                                                      Chris Knorr
Tel: +61 3 9633 2085                                                  Tel: +61 3 9633 2685
Mob: +61 409 709 126                                                Mob: +61 417 033 623

 ASX - Wine Clubs & Services and Kent Brewery transactions complete