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Foster's/Diageo speculation

Melbourne, 08 January 2001

As a matter of company policy, Foster's Brewing Group does not comment on speculation about its business activities.

However, we can confirm that Foster's Brewing Group has not received a takeover offer by Diageo.

Further information:

Lisa Keenan
Tel: +613 9633 2233
Email: lisa.keenan@fostersgroup.com