6/8/2005

In a move set to change the look of Australian and New
Zealand dairy cases, Fonterra Co-operative Group Ltd. is combining its
brand portfolio, including Mainland, Bega, Perfect Italian, Western Star
Brownes and Peters, under the Fonterra Brands name to "enhance our business objective of growing our
branded consumer dairy business," CEO Andrew Ferrier said. The company
is also strengthening its ability to purchase, process and market milk
with the acquisition of a Nestle plant and other milk collection and processing businesses,
while continuing to serve as a major supplier to Nestle.

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