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Brambles Industries (BI.)

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Wednesday 10 May, 2006

Brambles Industries


Brambles Industries PLC
10 May 2006

Brambles Industries plc
Company Number: 4134697

10 May 2006

                          BRAMBLES AGREES TO SELL TCR

Brambles today announced the sale of its 50% share in TCR to Chequers Capital, a
leading French buyout firm. TCR is a joint venture between Brambles and Fraport
AG, one of the leading companies providing a wide range of services in the
international airport business. Fraport has also simultaneously sold its 50%
share in TCR to Chequers Capital.

TCR is Europe's leading provider of turnkey solutions for aviation Ground
Support Equipment management. Based in five European countries - Belgium, The
Netherlands, France, UK and Spain - TCR specialises in full service rental (both
long and short-term), pooling and fleet management. Its customers include some
of the world's largest airlines, handling companies, airport authorities,
integrators and cargo handlers.

Brambles' 50% share of the gross assets of TCR at 31 December 2005 was €45

The sale is expected to be completed in mid-May and is subject to customary
conditions precedent.

For further information please contact:


Investor  John Hobson, Head of Investor Relations      +61 (0)2 9256 5216
                                                       +61 (0)414 239 188

Media     Michael Sharp, Vice President Corporate      +61 (0)2 9256 5255
                                                       +61 (0)439 470 145


Investor  Sue Scholes, Head of Investor Relations      +44 (0)20 7659 6012
Media     Richard Mountain, Financial Dynamics         +44 (0)20 7269 7291

                Brambles is globally headquartered in Australia

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