GENERAL: WHS: The Warehouse Group Limited considers bond offer

9 Feb 2010 8:53 am

WHS 09/02/2010 GENERAL

REL: 0853 HRS The Warehouse Group Limited

GENERAL: WHS: The Warehouse Group Limited considers bond offer

THE WAREHOUSE GROUP LIMITED

The Warehouse Group Limited considers bond offer

The Warehouse Group Limited is currently considering an offer of up to $100 million of five year senior bonds to the New Zealand public. The offer is expected to open in late March 2010.

The Warehouse Group intends to use the proceeds from the offer for its general corporate purposes, which may include redeeming existing debt, extending the tenor of its debt, placing funds on deposit, advancing monies to, or making an investment in, a member of the group, acquiring a new member of the group or funding a return of capital.

Interested investors should contact Craigs Investment Partners, who has been appointed advisor in respect of the potential offer, on 0508 226 226, or their usual financial advisor. No indication of interest will involve an obligation or commitment of any kind in respect of the potential offer.

No money is currently being sought, and no applications for bonds will be accepted or money received until interested subscribers have received a simplified disclosure prospectus.

Further information on the proposed offer of bonds will be made available when The Warehouse Group Limited's interim results are announced on 12 March 2010.

ENDS

For more information contact: Luke Bunt Chief Financial Officer The Warehouse Group Limited Phone: 09 488 3243 End CA:00190983 For:WHS Type:GENERAL Time:2010-02-09:08:53:06

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