ALLOT: FRE: Issue of Partly-Paid Ordinary Shares

10 Sep 2010 5:01 pm

FRE 10/09/2010 17:01 ALLOT

REL: 1701 HRS Freightways Limited

ALLOT: FRE: Issue of Partly-Paid Ordinary Shares

Notice from Freightways Limited pursuant to Listing Rule 7.12.1

Pursuant to Listing Rule 7.12.1 please be advised as follows:

(a) Class of Security: Freightways Limited partly-paid ordinary shares.

(b) Number of Securities issued: 173,685.

(c) Issue price: $2.85 per share.

(d) Payment: Consideration for the issued shares was cash.

(e) Amount paid up: $0.01 per share.

(f) % of the total class of securities issued: 54% of the partly-paid shares on issue (including these new partly-paid shares).

(g) Reason for issue: Allocation of partly-paid shares in accordance with the terms of the Freightways Senior Executive Share Performance Plan.

(h) Specific authority for issue: Pursuant to the terms of the Freightways Senior Executive Share Performance Plan.

(i) Terms or details of issue: The partly-paid shares have no voting rights and no rights to dividends and surplus on winding up.

(j) Total number of securities of the class in existence after the issue: 321,599.

(k) Treasury stock (acquisition only): Not applicable.

(l) Date of issue: 10 September 2010.

ENDS

For further information please contact

Dean Bracewell Managing Director Freightways Limited +64 9 571 9670 End CA:00199600 For:FRE Type:ALLOT Time:2010-09-10 17:01:25

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