Results of Awb Limited Tender Number 225 Held Wednesday

RESULTS OF AWB LIMITED TENDER NUMBER 225 HELD WEDNESDAY 16th October 2002.

The 225th tender of wheat, conducted by KPMG for the National Pool, has been completed. The sale by tender offered wheat held in the National Pools to domestic customers with the aim of ensuring that all domestic customers had equivalent access to stocks.

PORT GRADE QUANTITY NEARBY NEW SEASON ZONE AWB AWB HIGHEST RESERVE OR HIGHEST RESERVE OR TOTAL ACCEPTED FAILED LOWEST FAILED LOWEST BID SUCCESSFUL BID SUCCESSFUL NTL H2 11000 0 350 355 - -

PKE H2 32000 0 NA NA NA NA GEX H2 24000 0 348 355 349.50 358 BNE H2 20000 10000 357.50 NTL ASW1 27000 10000 332 GEX ASW1 9000 0 NA NA PKE ASW1 10000 0 324 330 320 333 PKE AUH2 3000 0 NA NA NA NA NTL AUH2 2000 0 NA NA NA NA NTL AGP1 2000 0 NA NA NA NA THEV AGP1 5000 0 265 295 - - PAD AGP1 4000 0 290 305 290 308 PKE AGP1 6000 0 NA NA NA NA GEX AGP1 2000 0 NA NA NA NA PKE APW2 18000 0 NA NA NA NA BNE APW2 20000 4000 - - - 342.50 NTL APH2 7000 0 NA NA NA NA BNE APH2 7000 0 NA NA NA NA

All above prices are GST exclusive. NA: Grade not available. Comments:

Eight successful bids were received totaling 24000mt.

For all future bids, grades should be submitted according to AWB Limited 2001/2002 binning line receival standards. Quality premiums and discounts for screenings and protein will apply as per the National Pool for both seasons as at the date of tender (Moisture premiums and discounts will also apply for season 2003/2003 as per the National Pool)

Tender results are available by accessing the AWB web site: http://www.awb.com.au/

All bids are GST Exclusive. For any bids that are successful, GST will be applied at the prevailing rate.

The next AWB Domestic Tender closes on Wednesday 23rd October 2002 at 10.00 am Melbourne time. The next AWB Domestic tender will be number 226.

For more information please contact AWB Public Affairs on (03) 9209 2000.