Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities::Fonterra requests temporary trading halt (ASX and NZX)

Issuer & Securities

Issuer/ Manager
FONTERRA CO-OPERATIVE GROUP LIMITED
Securities
FONTERRA CNY1B4%N200622 - XS1245414336 - 31QB
Stapled Security
No

Announcement Details

Announcement Title
Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities
Date &Time of Broadcast
01-Dec-2017 07:56:27
Status
New
Announcement Sub Title
Fonterra requests temporary trading halt (ASX and NZX)
Announcement Reference
SG171201OTHR4YY5
Submitted By (Co./ Ind. Name)
Simon Till
Designation
Director Capital Markets
Effective Date and Time of the event
01/12/2017 08:30:00
Description (Please provide a detailed description of the event in the box below)
1/12/2017, 8:30 am GENERAL
1 December 2017

FONTERRA REQUESTS TEMPORARY TRADING HALT

Fonterra Co-operative Group Limited (for itself and on behalf of Fonterra Shareholders' Fund) has requested an immediate trading halt to be applied to their respective securities on:

1. the ASX;
2. NZX Main Board/Debt Market; and
3. the Fonterra Shareholders Market.

This request has been made to give Fonterra time to consider the outcome of its arbitration with Danone regarding Fonterra s 2013 Whey Protein Concentrate precautionary recall.

Fonterra has been advised that it will receive the arbitration tribunal's decision today. The decision document is expected to be both lengthy and complex and neither party has been given advance notice of the tribunal s findings. Fonterra will not be in a position to immediately assess any financial implications and advise the market.

Fonterra CEO Theo Spierings said the Co-operative expected to make a market announcement in relation to the Danone arbitration decision as soon as possible after the decision is received.

Fonterra remains in a strong financial position and any damages award will not affect our ability to operate. We will share further details with the market, our farmers and staff as soon as practical, he said.

Anya Wicks
Company Secretary

Fonterra Communications
Phone: +64 21 507 072

Attachments

Fonterra Requests Temporary Trading Halt NZX and ASX.pdf
Total size =152K