FOSTER’S ISSUES SHARE BUY-BACK

Foster’s Group has completed an A$250 million off-market share buy-back, the company said this morning. Foster’s bought 43 million shares at A$5.82 per share, representing a 14% discount to the market price of A$6.7731. Payment will be made to shareholders by this Friday.

"This is an excellent result for Fosters shareholders," stated Fosters ceo, Trevor O'Hoy.