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Foster's Declares Offer Free from Certain Regulatory Conditions Contained in Bidder's Statement

Melbourne, 23 February 2005

Foster's Group Limited (Foster's) today announced that the Hart-Scott-Rodino (USA) condition of its offer for Southcorp Limited (more fully described in section 2.12(c) of the Bidder's Statement) has been fulfilled

Fosters' also declared its offer to be free from the Competition Act (Canada) and Investment Canada Act conditions contained in sections 2.12(d) and 2.12(e) of the Bidder's Statement respectively.

In accordance with the sections 630(4) and 650(1) of the Corporations Act 2001, Foster's attaches a notice relating to the fulfillment or waiver of these conditions.

Further Information:

Media
Lisa Keenan
Director - External Communications
Tel: +61 3 9633 2265
Mob: 0409 150 771

Investors
Chris Knorr
Vice President - Investor Relations
Tel: +61 3 9633 2685
Mob: 0417 033 623

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