FOSTER'S REPURCHASE OF SOUTHCORP MEDIUM TERM NOTES

							14 February 2006




FOSTER’S REPURCHASE OF SOUTHCORP MEDIUM TERM NOTES


Foster’s Group Limited (Foster’s) will repurchase 100% of Southcorp Finance
Limited’s outstanding A$450 million Medium Term Notes for cash and/or exchange
for a new issue by a wholly owned subsidiary of Foster’s.

A debt investment market teleconference is scheduled at 2:00pm on Tuesday 21
February 2006. The offer period is expected to close on or before Tuesday 7 March
2006.




Further information:

Foster’s Group Limited
Stephen Matthews
Finance Director and Treasurer
Tel: +61 3 9633 2576

Kuen Chan
Assistant Treasurer
Tel: +61 3 9633 2541


Institutional Investors:

Please contact your usual sales representative at either Citigroup or Westpac.
Alternatively, you can contact the following:

Citigroup Global Markets Australia                 Westpac Institutional Bank
Jason Murray        +61 2 8225 6030                Simon Ling          +61 2 9284 8075
David Bailey        +61 2 8225 6033                Chad Karpes         +61 2 9284 9185
Daniel Dela Cruz    +61 2 8225 6034                Lianne Lim          +61 2 9284 8813