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Brambles Industries (BI.)

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Wednesday 03 April, 2002

Brambles Industries

EC Approve Wagons Sale

Brambles Industries PLC
3 April 2002


SALE OF WAGON RENTAL BUSINESS -
EUROPEAN COMMISSION REGULATORY APPROVAL


We refer to our announcement on 15 November 2001 that Brambles had reached
agreement to sell its European Rail Division, Groupe CAIB, subject to the
approval of relevant competition authorities.

We wish to advise that the main approval from the European Commission has now
been received, although some further national regulatory approvals are required
before the transaction can be completed.


3 April 2002


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