Completion Of General Offer For Queensland Cotton Holdings Limited
Olam International Limited (the “Company” or “Olam”) refers to the general offer (the “Offer”) by Olam or any of its subsidiaries to acquire 100 per cent. of the outstanding shares in the capital of Queensland Cotton Holdings Limited (“QCH”) and the announcements dated 9 March 2007, 30 May 2007 and 22 June 2007 made by the Company in connection with the Offer.
The Company is pleased to announce that the Offer was completed. Following the completion of the Offer, Olam Australia Pty Ltd (an indirect wholly-owned subsidiary of the Company) owns 100 per cent. of QCH and QCH together with its subsidiaries have become indirect subsidiaries of the Company.