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TENON LIMITED(TNN)

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delisted at the request of the company

01/10/2004

we understand the Company's reduced size following the sale of its forest assets, and little likelihood of the Company needing to raise capital in Australia in the future, meant that the ASX listing was no longer appropriate - in addition, the cost of maintaining the listing had become disproportionate to the 1.5% of Tenon's share capital which was currently held through the ASX and the very low levels of trading through that market - following Tenon's delisting from the New York Stock Exchange (which was effective from 30 September), and from the ASX, Tenon will be listed solely on the New Zealand Exchange

01/10/2004

name changed from Fletcher Challenge Forests Limited

27/02/2004

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