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Brambles Industries (BI.)

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Monday 17 February, 2003

Brambles Industries

ASIC enquiry

Brambles Industries PLC
16 February 2003

BRAMBLES INDUSTRIES PLC

We wish to advise that, following our 21 November 2002 trading update, the
Australian Securities & Investments Commission ('ASIC') is making preliminary
enquiries in relation to comments concerning Brambles' financial performance
during the period 28 August - 28 November 2002.

While no allegations have been made and no new matters have been raised, we
consider it appropriate to keep the market informed.

Brambles will be providing ASIC with every assistance in its enquiries.

Lorraine Young
Company Secretary

17 February 2003

For further information, contact:

All

Media:       Jeannette McLoughlin, Corporate Communications              +61 (0) 9256 5255
                                                                         Mobile 0401 990 425

Investor
London:      Sue Scholes, Head of Investor Relations                     +44 (0) 20 7659 6012


Sydney:      Edna Carew, Corporate Communications                        +61 (0) 2 9256 5204


The Brambles Industries Group is globally headquartered in Sydney, Australia.


                      This information is provided by RNS
            The company news service from the London Stock Exchange