26 September 2008

Graeme McGregor Retires from Foster's Board

Foster’s Group Limited (Foster’s) today announced the retirement of Graeme McGregor from the Foster's Board, effective from the conclusion of the Annual General Meeting on 29 October 2008.

“In over a decade of service, Graeme has played a pivotal role in financial and corporate governance at Foster’s”, Chairman, David Crawford said today.

"As a Board member, and Chair of the Audit Committee, Graeme has applied his extensive commercial experience to successfully guide our business. On behalf of shareholders I warmly thank Graeme for his outstanding contribution to Foster’s."

With a distinguished career in business and government, Graeme McGregor joined the Foster's Board for an initial five year term from 1992 to 1996 and re-joined the Board in April 1999. He was a member of the Australian Financial reporting Council and was awarded an Order of Australia for services to the accountancy profession.

Graeme has held numerous non-executive director positions with Nufarm Ltd, WMC Resources Ltd and Santos Ltd.

Further information:

Media
Troy Hey
Tel: +61 3 9633 2085
Mob: 0409 709 126 

Investors 
Chris Knorr
Tel: +61 3 9633 2685
Mob: 0417 033 623





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