BRL Blackthorn

RNS Number:9312J
Brierley Investments Limited
13 September 2001



    MASNET No. 7 OF 13.09.2001

    Announcement No. 7

    BRIERLEY INVESTMENTS LIMITED

    Air New Zealand

    Singapore, 13 September 2001 - Further to our announcement released this
    morning regarding Air New Zealand, Brierley Investments Limited advises
    that its NZ$150 million subscription will be funded from its internal
    resources.

    Enquiries:

    Brierley Investments Limited

    Singapore                           Tel:      +65 438 0002

    Andrew Shepherd, Chief Financial Officer     
    Email: a.shepherd@bil.com.sg

    New Zealand                         Tel:      +64 (4) 9138800

    Arun Amarsi, General Manager 
    Email: a.amarsi@bil.co.nz

    Gavin Anderson & Company             Tel:      +65 339 9110

    Richard Barton                         
    Email: rbarton@gavinanderson.com.sg

    Terence Foo                         
    Email: tfoo@gavinanderson.com.sg

    Submitted by Jane Teah, Company Secretary on 13/09/2001 to the SGX

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