10 November 2008

Departure of Jamie Odell

Foster's Group Limited today announced that Jamie Odell, Managing Director Australia, Asia, Pacific, will leave the Company on Friday 14 November to pursue other interests.

Pending the outcome of the Company's review of its Wine business, the heads of the Australian Sales and Marketing functions, and the Managing Director, Asia/Pacific will report directly to the CEO Ian Johnston and the regional heads of Finance, HR and Supply Services will report to the Chief Financial Officer, Chief HR Officer and Chief Supply Officer respectively. The overall regional leadership team will be chaired by Mr Johnston.

Mr Johnston said, “I personally thank Jamie for his contribution in various senior roles over 9 years with the Company and sincerely wish him well as he seeks fresh challenges in the future”.

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



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