BRL Blackthorn

RNS Number:0831C
Brierley Investments Limited
12 April 2001


BRIERLEY INVESTMENTS LIMITED

NOTICE OF CHANGES IN SUBSTANTIAL SHAREHOLDER'S INTERESTS

Name of substantial shareholder:            Longleaf Partners International Fund

Date of notice to company:                  12/04/2001

Date of change of interest:                 10/04/2001

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:                3,000,000
% of issued share capital:                  0.22

Amount of consideration per share           0.5082
excluding brokerage, GST, stamp duties, 
clearing fee:

No. of shares held before change:           91,037,000
% of issued share capital:                  6.65

No. of shares held after change:            94,037,000
% of issued share capital:                  6.87




Holdings of Substantial Shareholder including direct and deemed interest



                                          Deemed               Direct

No. of shares held before change:                              91,037,000
% of issued share capital:                                           6.65

No. of shares held after change:                               94,037,000
% of issued share capital:                                           6.87

Total shares:                                                  94,037,000

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