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Brambles Industries (BI.)

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Friday 24 November, 2006

Brambles Industries

Scheme of arrangement

Brambles Industries PLC
24 November 2006


Brambles Industries plc

Company Number: 4134697


24 November 2006


                  APPROVAL BY COURTS OF SCHEMES OF ARRANGEMENT
                      IN RELATION TO PROPOSED UNIFICATION


Brambles Industries Limited (BIL) gives notice that the Federal Court of
Australia today approved the scheme of arrangement between BIL and its
shareholders pursuant to section 411(4) of the Corporations Act 2001 (Cth), in
relation to the Unification. Following lodgement of the orders of the court
approving the scheme of arrangement with the Australian Securities and
Investments Commission, trading in the securities of BIL will be suspended by
the Australian Stock Exchange at the close of trading today, Friday 24 November
2006.


Trading on a deferred settlement basis in Brambles Limited shares on the
Australian Stock Exchange will commence at the opening of trading on Monday, 27
November 2006.


Brambles Industries plc (BIP) gives notice that the High Court of Justice of
England and Wales has approved the scheme of arrangement between BIP and its
shareholders pursuant to section 425 of the Companies Act 1985 (UK), in relation
to the Unification. The court has also confirmed the BIP reduction of capital.
Following lodgement of the orders of the court approving the scheme of
arrangement and confirming the reduction of capital with the Registrar of
Companies, trading in the securities of BIP will be suspended by the London
Stock Exchange at 7:30 am (London time) on Friday, 24 November 2006.


Trading on a deferred settlement basis in Brambles Limited CDIs on the London
Stock Exchange will commence at 8:00 am (London time) on Friday, 24 November
2006. Shareholders wanting to find out their entitlement to Brambles Limited
securities prior to receipt of a holding statement for such securities may call
the Brambles Unification Information Line on:


• for BIL Shareholders - 1800 250 297 (toll free if calling from within
  Australia) or +61 2 8280 7610 (if calling from outside Australia); and
• for BIP Shareholders - 0800 028 2349 (toll free if calling from within
  the UK) or +44 1903 276 342 (if calling from outside the UK).


Note that final entitlements to Brambles Limited shares on implementation will
be dependent upon final shareholdings in BIL and BIP as at the Record Date of 1
December 2006. Information on entitlements to Brambles Limited shares as at the
Record Date will not be available until after implementation. Shareholders who
sell securities in Brambles Limited before they receive a holding statement for
their new securities will do so at their own risk (even if they obtained
information on their entitlement by calling the Brambles Unification Information
Line).


Brambles Industries Limited
Brambles Industries plc
Brambles Limited


                Brambles is globally headquartered in Australia


For further information, contact:

Australia

Investor
John Hobson, Head of Investor Relations +61 (0) 2 9256 5216
+61 (0) 407 436 711 (mobile)
Media
Michael Sharp, +61 (0) 2 9256 5255
Vice President, Corporate Affairs +61 (0) 439 470 145 (mobile)

UK

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






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