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TUR
15/03/2005
HALTRECQ
REL: 1827 HRS Turners & Growers Limited
HALTRECQ: TUR: Trading Halt of Ordinary Shares
NZX Regulation Announcement
Turners & Growers Limited ("TUR")
Trading Halt of Ordinary Shares
At the request of Turners & Growers Limited (TUR), NZX Regulation has granted
a trading halt in TUR ordinary shares to facilitate the sell down by Guinness
Peat Group Plc (GPG) of part of its shareholding in TUR. GPG intends to sell
up to 20,250,000 shares by way of an accelerated book build offering. Should
all these shares be placed, GPG will hold approximately 50.1% of all TUR
shares.
The trading halt will remain in place until 10am Friday 18 March 2005 unless
advised earlier by TUR.
ENDS
End CA:00112840 For:TUR Type:HALTRECQ Time:2005-03-15:18:27:13