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Foster's has relevant interest in more than 70% of Southcorp

Melbourne, 19 May 2005

Foster's announces that as at 12 noon today, it had a relevant interest in more than 70% of Southcorp shares. Foster's will disclose the details of its relevant interest in the usual change in substantial holding notice to be released by 9.30am tomorrow morning.

Further information:

Media
Lisa Keenan
Director - External Communications
Tel: +61 3 9633 2265
Mob: 0409 150 771

Investors
Chris Knorr
Vice President - Investor Relations
Tel: +61 3 9633 2685
Mob: 0417 033 623