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Warrnambool agreed with Saputo's revised offer
date:Nov 25, 2013
nd an additional permitted dividend of $0.85 per share. The intention of which was subject to Saputo achieving a relevant interest of greater than 50 percent and 90 percent respectively. (These special dividends would have been paid by WCB and deducted from the $9.00 offer price payable by Saputo.)

Chairman of Warrnambool, Terry Richardson stated that all WCB directors and executives intent to accept this revised Saputo offer.

Saputo's amended offer is now very straight forward and compelling:

12/25 08:14