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ASX - Production to Cease at North Fremantle Brewery

Melbourne, 27 June 2007

Foster's Group Limited (Foster's) will cease beer production at its North Fremantle brewery by the end of September 2007, with production shifting to other Foster's sites.

'Head office', marketing and support, and home for Foster's in WA, will remain at the North Fremantle site.

This decision is a result of an Australian production review to improve cost and capital efficiency, operational flexibility and health, safety and environmental performance.

Employees affected by this decision will be supported through the process with re-deployment and career transition assistance provided.

"While this has been a difficult decision to make, a combination of improved efficiency and flexibility has led us to shift production to other sites", said David Grant, Director Global Beer Production.

The North Fremantle brewery is housed in a 1930s art deco building overlooking Fremantle Beach, formerly home to the Ford Motor Company in WA. The site was transformed into the home of Matilda Bay brewery in 1989.

"The beers and the philosophy behind Matilda Bay will not change," said Mr Grant.

"Matilda Bay Chief Brewer, Brad Rogers will remain at the helm of Matilda Bay and continue the proud tradition of craft beer innovation and creativity."

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

 

 

 

 

 

 

 

 

 

 

 

 

PDF file ASX - Production to Cease at North Fremantle Brewery