22 July 2010

Clarification of Media Reports

Foster's Group Limited (Foster’s) notes media reports this morning of an internal earnings target of $84 million for its Australia and New Zealand wine business.

The number represents an internal management EBIT target for the Australia and New Zealand wine business for the 2011 financial year presented to an internal sales conference yesterday.

Foster's will provide a detailed update on group financial performance with the release of its financial results for the 12 months ended 30 June 2010 on August 24.


Further information:

Media                                                         Investors
Troy Hey                                                     Chris Knorr
Tel: +61 3 8626 2085                               Tel: +61 3 8626 2685
Mob: +61 409 709 126                             Mob: +61 417 033 623



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