RNS Number:7303B
Brierley Investments Limited
5 April 2001


Notice of Changes in Substantial Shareholder's Interests

Name of substantial shareholder:           Longleaf Partners International Fund

Date of notice to company:                 05/04/2001

Date of change of interest:                04/04/2001

Name of registered holder:                 Longleaf Partners International Fund

Circumstance giving rise to the change:    Open market purchase


Shares held in the name of registered holder

No. of shares of the change:               960,000
% of issued share capital:                 0.07

Amount of consideration per share          0.50
excluding brokerage, GST, stamp duties,
clearing fee:

No. of shares held before change:          87,683,000
% of issued share capital:                 6.41

No. of shares held after change:           88,643,000
% of issued share capital:                 6.48



Holdings of Substantial Shareholder including direct and deemed interest

                                           Deemed             Direct

No. of shares held before change:                             87,683,000
% of issued share capital:                                          6.41

No. of shares held after change:                              88,643,000
% of issued share capital:                                          6.48

Total shares:                                                 88,643,000



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