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Monday 18 August, 2003

Brambles Industries

Ownership of CHEP pallets

Brambles Industries PLC
18 August 2003

BRAMBLES INDUSTRIES PLC




18 August 2003



       US FEDERAL COURT RE-AFFIRMS CHEP'S CONTINUOUS OWNERSHIP OF PALLETS



CHEP USA is involved from time to time in legal cases in the US, as management
takes initiatives to work with pallet recyclers to recover CHEP pallets.



In that context, Brambles is pleased to note that a favourable decision has been
handed down in the case involving Buckeye Diamond Logistics and CHEP USA. This
decision reaffirms that CHEP retains ownership of pallets that come into the
possession of pallet recyclers, which is an important legal principle in the
integrity of the CHEP pallet pool model in the USA.



The Court's decision stated 'The evidence demonstrates without question that
CHEP has at all times retained ownership in its pallets' and that 'the facts
conclusively (demonstrate) that CHEP has not given up its right of ownership to
those CHEP pallets that are subject of this litigation'. Although this decision
may be appealed, CHEP remains confident of successfully defending any such
action.





For further information



UK
Investor     Sue Scholes, Head of Investor Relations                 +44 (0) 20 7659 6012
Media        Richard Mountain, Financial Dynamics                    +44 (0) 20 7269 7291
Australia
Investor     John Hobson                                             +61 (0) 2 9256 5216

             Head of Investor Relations                              +61 (0) 414 239 188 (mobile)
Media        Jeannette McLoughlin                                    +61 (0) 2 9256 5255

             Group General Manager Corporate Communications          +61 (0) 401 990 425 (mobile)



           Brambles Industries is globally headquartered in Australia


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