At a Board Meeting held on July 18, 2012, the Board of Directors of Carreras, having considered the report of the Trustees confirming that the liabilities of the Carreras Group Limited Superannuation Scheme to the Participants and others have been secured to their satisfaction, accepted a proposed interim distribution of the surplus arising from the winding-up of the Scheme of $3,398 million. CAR expects to receive this distribution by August 31, 2012.
