Wesfarmers Limited http://www.alacrastore.com/company-snapshot/Wesfarmers_Limited-1018794 Sunday, November 23, 2008 8:35:39 AM 1018794 Wesfarmers Limited en AlacraStore RSS Builder 1.0 30 AUSTRALIA - In November ####, Wesfarmers Ltd announced that it was seeking a buyer for its CSBP Ltd, a chemicals and fertilizers manufacturer and wholesaler.11/18/2008 2:22:57 PM81572I13053E81572I95083QSeeking BuyerCSBP LtdSeeking BuyerWesfarmers Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Wesfarmers_Ltd_seeking_buyer_for_CSBP_Ltd-2027980040sdc/20279800402027980040Copyright © 2008, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesUnknownInvestors, nec6799UNUnknownPrivate6799:Investors, nec6799:Investors, necChemicals and Allied ProductsAustraliaNitrogenous fertilizers2873FFForeignSubsidiary12029001Seeking buyerWhl bldg material,coal,LPGNot ApplicableAssets519929001Nov 18 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.00000Seeking buyerSeeking buyerSeeking buyer1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.00000CSBP Ltd, based in Kwinana,manufactures and wholesaleschemicals and fertilizers inWestern Australia,specifically to the mining,mineral processing and watertreatment industries. Itsproducts include ammoniumnitrate, industrial chemicalsand sodium cyanide amongothers. The company emerged inthe Australian market around1970s.CSBP Ltd, based in Kwinana, manufactures and wholesaleschemicals and fertilizers in Western Australia, specificallyto the mining, mineral processing and water treatmentindustries. Its products include ammonium nitrate,industrial chemicals and sodium cyanide among others. Thecompany emerged in the Australian market around 1970s.CSBP Ltd, based in Kwinana, manufactures and wholesales chemicals and fertilizers in Western Australia, specifically to the mining, mineral processing and water treatment industries. Its products include ammonium nitrate, industrial chemicals and sodium cyanide among others. The company emerged in the Australian market around 1970s.0.000000.000000.000000.00000N13 Nov 08Thu, 13 Nov 2008 00:00:00 ESTDate Announced: 11/13/2008Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.00000AUSTRALIA - In November 2008,Wesfarmers Ltd announced thatit was seeking a buyer for itsCSBP Ltd, a chemicals andfertilizers manufacturer andwholesaler.AUSTRALIA - In November 2008, Wesfarmers Ltd announced that it was seeking a buyer for its CSBP Ltd, a chemicals and fertilizers manufacturer and wholesaler.AUSTRALIA - In November 2008, Wesfarmers Ltd announced that it was seeking a buyer for itsCSBP Ltd, a chemicals and fertilizers manufacturer and wholesaler.AUSTRALIA - In November 2008, Wesfarmers Ltd announced that it was seeking a buyer for its CSBP Ltd, a chemicals and fertilizers manufacturer and wholesaler.AUSTRALIA - In November 2008, Wesfarmers Ltd announced that it was seeking a buyer for its CSBP Ltd, a chemicals and fertilizersmanufacturer and wholesaler.S Buyer0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:S Buyer-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002869:Industrial organic chemicals, nec2873:Nitrogenous fertilizers12029001Unknown6799UnknownPrivate1241:Coal mining services2411:Logging2813:Industrial gases2875:Fertilizers, mixing only4011:Railroads, line-haul operating4225:General warehousing and storage5072:Hardware6399:Insurance carriers, nec108952001AustraliaAustralia5072ForeignPublicWES0.000000.000000.000000.00000Deal InformationTF Mergers & AcquisitionsAUSTRALIA - Unicharm Corp agreed to acquire the entire share capital of DSG Pty Ltd, a disposable absorbent product manufacturer, from Gresham Private Equity Ltd, a unit of Wesfarmers Ltd's Gresham Partners Ltd subsidiary. Terms were not disclosed.10/1/2008 1:47:41 PM90456Q23517W90456Q95083QUnicharm CorpDSG Pty LtdUnicharm CorpWesfarmers Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Unicharm_Corp_acquires_DSG_Pty_Ltd_from_Wesfarmers_Ltd-2016241040sdc/20162410402016241040Copyright © 2008, Thomson Financial, All Rights ReservedTokyo 1Paper and Allied ProductsJapanSanitary paper products2676FFForeignPublic81132621:Paper mills2676:Sanitary paper products2621:Paper mills2676:Sanitary paper productsPaper and Allied ProductsAustraliaSanitary paper products2676FFForeignSubsidiary6191001Mnfr sanitary paper prodWhl bldg material,coal,LPGUnspecifiedStock790960003Oct 1 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.00000Unicharm Corp, located inTokyo, manufacture paperproducts such as sanitarynapkins and diapers. Thecompany was founded in 1961.Unicharm Corp, located in Tokyo, manufacture paper productssuch as sanitary napkins and diapers. The company wasfounded in 1961.Unicharm Corp, located in Tokyo, manufacture paper products such as sanitary napkins and diapers. The company was founded in 1961.1.000002.000003.000004.000005.000006.000007.00000DSG Pty Ltd, headquartered inDingley, Victoria,manufactures disposableabsorbent products such asbaby diapers, disposabletraining youth pants and adultincontinence productsDSG Pty Ltd, headquartered in Dingley, Victoria,manufactures disposable absorbent products such as babydiapers, disposable training youth pants and adultincontinence productsDSG Pty Ltd, headquartered in Dingley, Victoria, manufactures disposable absorbent products such as baby diapers, disposable training youth pants and adult incontinence products0.000000.000000.000000.00000Y30 Sep 08Tue, 30 Sep 2008 00:00:00 ESTDate Announced: 09/30/2008Date Effective:MergerFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000AUSTRALIA - Unicharm Corpagreed to acquire the entireshare capital of DSG Pty Ltd,a disposable absorbent productmanufacturer, from GreshamPrivate Equity Ltd, a unit ofWesfarmers Ltd's GreshamPartners Ltd subsidiary. Termswere not disclosed.AUSTRALIA - Unicharm Corp agreed to acquire the entire share capital of DSG Pty Ltd, a disposable absorbent product manufacturer, from Gresham Private Equity Ltd, a unit of Wesfarmers Ltd's Gresham Partners Ltd subsidiary. Terms were not disclosed.AUSTRALIA - Unicharm Corp agreed to acquire the entire share capital of DSG Pty Ltd, adisposable absorbent product manufacturer, from Gresham Private Equity Ltd, a unit ofWesfarmers Ltd's Gresham Partners Ltd subsidiary. Terms were not disclosed.AUSTRALIA - Unicharm Corp agreed to acquire the entire share capital of DSG Pty Ltd, a disposable absorbent product manufacturer, from Gresham Private Equity Ltd, a unit of Wesfarmers Ltd's GreshamPartners Ltd subsidiary. Terms were not disclosed.AUSTRALIA - Unicharm Corp agreed to acquire the entire share capital of DSG Pty Ltd, a disposable absorbent product manufacturer, fromGresham Private Equity Ltd, a unit of Wesfarmers Ltd's Gresham Partners Ltd subsidiary. Terms were not disclosed.$ 0.000 - Mizuho Securities Co Ltd - Adv0.00000Mizuho Securities Co Ltd1.00000Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002676:Sanitary paper products6191001Tokyo 1Japan2676ForeignPublic81131241:Coal mining services2411:Logging2813:Industrial gases2875:Fertilizers, mixing only4011:Railroads, line-haul operating4225:General warehousing and storage5072:Hardware6399:Insurance carriers, nec108952001AustraliaAustralia5072ForeignPublicWES0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/bir/1200440bir/1200440normWesfarmers Ltd.AustraliaAgriculture: Chemicals and fertilisers manufacture and marketing; gas processing and distribution; coal mining and production; forest products; rural services and insurance; hardware retailing; industrial and safety products distribution.01110115081108310851122228132819287351545211615963311111401111501131101132101153102121123251203251313253114245204441905222985241269IMWES8/29/2008 11:12:00 AM1200440Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/moodys/PR_158561_820599567moodys/PR_158561_820599567htmlGlobal Credit Research Announcement # JUL #### Announcement: Wesfarmers Limited Moody's has stable outlook for Asia retailers, consumer products Sydney, July ##, #### -- Moody's Investors Service has a stable rating outlook for Asia...7/4/2008 12:52:42 AMhtmlWesfarmers LimitedShinsegae Co., Ltd.Thai Beverage Public Company LimitedCentral Proteinaprima Tbk (P.T.)Parkson Retail Group LimitedChina Fishery Group LimitedMatahari Putra Prima Tbk (P.T.)Woolworths LimitedCoca-Cola Amatil (Aust) Pty Ltd.Universal Robina CorporationSan Miguel CorporationFoster's Group LimitedLion Nathan LimitedCentral Proteinaprima Tbk (P.T.); China Fishery Group Limited; ...820599567820320429809969290809649227809620979809600396809282657808835860600047618600021965600014392600014125358800150.0000NewsAnnouncementPR_158561_820599567Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_153675_820599567moodys/PR_153675_820599567htmlGlobal Credit Research Announcement ## APR #### Announcement: Wesfarmers Limited Moody's affirms Wesfarmers Baa# rating; outlook stable Approximately $#.# billion in debt securities affected Sydney, April ##, #### -- Moody's Investors...4/22/2008 12:51:12 AMhtmlWesfarmers LimitedWesfarmers Limited820599567150.0000NewsAnnouncementPR_153675_820599567Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/643791spcred/643791normThe latest News from S&Pglobal4/21/2008 2:35:51 AM100News643791AustraliaHypermarkets & Super CentersPacificGlobal IssuersCorporationsCapital GoodsNewsMELBOURNE (Standard&Poor's) April 21, 2008—Standard&Poor's Ratings Services said today that its 'BBB+/A-2' ratings on Wesfarmers Ltd. were unchanged by Wesfarmers' announcement that it will raise A$2.5 billion in shareholders funds through a fully underwritten rights issue. The funds raised will be used to repay part of the A$4 billion bridge facility used by Wesfarmers to acquire retailer Coles Group Ltd. in November 2007. At the same time, Wesfarmers announced it has received bank commitments that are sufficient to refinance the remaining outstanding amount of the bridge facility due in October 2008, and has secured refinancing for its A$1 billion working capital facility. These transactions are positive in that they have removed Wesfarmers' short-term refinancing risk andAUS95084030101040 301010 3010 30Wesfarmers Ltd.323171PACWES@AUNEWSAUS30101040 301010 3010 30Coles Group Finance Ltd.109999PAC2466ZGLOBISSCORPCapitalCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_152481_820650193moodys/PR_152481_820650193htmlGlobal Credit Research Rating Action # APR #### Rating Action: NZ Finance Holdings Pty Limited Moody's assigns Baa# rating to Wesfarmers US$ debt issuance US$###m of debt securities affected Sydney, April ##, #### -- Moody's Investors...Rating Action4/5/2008 12:39:55 PMNZ Finance Holdings Pty Limited820650193150.0000Newshtml820599567Wesfarmers LimitedNZ Finance Holdings Pty Limited; Wesfarmers LimitedPR_152481_820650193Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/640970spcred/640970normThe latest News from S&P4/3/2008 9:09:24 PMNews100globalstructured640970AustraliaHypermarkets & Super CentersPacificCapital GoodsAsset-Backed SecuritiesGlobal IssuersRetailCorporationsStructured FinanceNewsMELBOURNE (Standard&Poor's) April 4, 2008--Standard&Poor's Ratings Services today said that it had assigned its 'BBB+' rating to Wesfarmers Ltd.'s US$650 million bonds due in 2013. The bonds rank equally with Wesfarmers' existing senior unsecured debt obligations. Proceeds of the bond issue will be used to refinance part of the A$4 billion bridge facility used by Wesfarmers to buy retailer Coles Group Ltd. in November 2007. At Dec. 31, 2007, Wesfarmers had A$6.5 billion in short-term debt against about A$2 billion in cash and undrawn committed bank facilities. "The new bonds represent a critical step in refinancing the company's A$4 billion bridge acquisition facility due in October 2008," Standard&Poor's credit analyst Jeanette Ward said. "DespiteAUS30101040 301010 3010 30Wesfarmers Ltd.323171PACWES@AUNEWSAUS19387030101040 301010 3010 30Coles Group Ltd.109550EUROMIDAFRPACCGJ@AUGLOBISSSTRUCCORPABSCapitalRetailCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/640971spcred/640971normThe latest Research Update from S&P4/3/2008 9:09:24 PMResearch Update175globalstructured640971AustraliaHypermarkets & Super CentersPacificCapital GoodsAsset-Backed SecuritiesGlobal IssuersRetailCorporationsStructured FinanceResearch UpdateOn April 4, 2008, Standard&Poor's Ratings Services assigned its 'BBB+' rating to Wesfarmers Ltd.'s US$650 million bonds due in 2013. The bonds rank equally with Wesfarmers' existing senior unsecured debt obligations. Proceeds of the bond issue will be used to refinance part of the A$4 billion bridge facility used by Wesfarmers to acquire retailer Coles Group Ltd. in November 2007. The corporate credit ratings on Wesfarmers reflect the company's diversified portfolio of Australian-based businesses, which has substantial exposure to the retail sector following the Coles acquisition. Although Wesfarmers has a strong record in integrating acquisitions, the company expects to take three-to-five-years to achieve anticipated benefits and satisfactory returns, given the scale of the Coles transaction and the poorAUS30101040 301010 3010 30Wesfarmers Ltd.323171PACWES@AURESUPDAUS19387030101040 301010 3010 30Coles Group Ltd.109550EUROMIDAFRPACCGJ@AUGLOBISSSTRUCCORPABSCapitalRetailCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/632211spcred/632211normThe latest Summary from S&P2/24/2008 9:14:09 PMSummary175global632211AustraliaIndustrial ConglomeratesPacificCorporationsGlobal IssuersCapital GoodsSummaryThe ratings on Wesfarmers reflect the company's diversified portfolio of Australian-based businesses, with an increasing exposure to the retail sector. The acquisition of Coles Group Ltd. on Nov. 23, 2007 for about A$20 billion has changed the size and complexity of the Wesfarmers group, given the scale of the transaction and the transformation required for the Coles business. Although Wesfarmers has a strong record in integrating acquisitions, the company expects to take three-to-five years to achieve anticipated benefits and satisfactory returns, given the poor performance of several of the Coles divisions before being acquired by Wesfarmers. Consequently, the company faces substantial integration and performance risks, especially for the supermarket business. Nevertheless, Wesfarmers' diverse portfolio of businesses provides the group aAUS20105010 201050 2010 20Wesfarmers Ltd.323171PACWES@AUSUMMARYGLOBISSCORPCapitalCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/619196spcred/619196normThe latest Full Report from S&P12/11/2007 11:39:06 PMFull Report400globalstructured619196AustraliaIndustrial ConglomeratesPacificGlobal IssuersRetailAsset-Backed SecuritiesInsuranceCorporationsFinancial InstitutionsBuilding MaterialsStructured FinanceCapital GoodsFull ReportDiversified portfolio of business units Sizable earnings exposure to recession-resistant food retailing following acquisition of Coles Group Ltd. Track record in using equity to mitigate acquisition risk for sizable transactions Integration and transformation risks associated with recently acquired Coles businesses Short-term refinance risk Weak cash-flow-protection measures during the transformation phase The ratings on Wesfarmers reflect the company's diversified portfolio of Australian-based businesses, with an increasing exposure to the retail sector. The acquisition of 100% of Coles Group Ltd. (Coles; not rated) on Nov. 23, 2007 for A$20 billion has fundamentally changed the size and complexity of the Wesfarmers group, given the scale of the transaction and the transformation required for the Coles business. While Wesfarmers has a strong record inAUS20105010 201050 2010 20Wesfarmers Ltd.323171PACWES@AUFULLAUSNZLUSA19387054866154866G54866H54866N25504030 255040 2550 2530101040 301010 3010 3040301020 403010 4030 4040301040 403010 4030 40Lowe's Cos. Inc.Coles Group Ltd.Lumley General Insurance (N.Z.) Ltd.Lumley General Insurance Ltd.Wesfarmers Federation Insurance Ltd.105362109550307705307706348556EMERGINGEUROMIDAFRLATAMERICAPACUSALOWCGJ@AU1057Z@NZ1359Z@AUWES@AUGLOBISSSTRUCFIINSCORPABSBuildingCapitalRetailCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/619180spcred/619180normThe latest Summary from S&P12/11/2007 11:39:06 PMSummary175globalstructured619180AustraliaIndustrial ConglomeratesPacificGlobal IssuersRetailAsset-Backed SecuritiesCorporationsStructured FinanceCapital GoodsSummaryThe ratings on Wesfarmers reflect the company's diversified portfolio of Australian-based businesses, with an increasing exposure to the retail sector. The acquisition of 100% of Coles Group Ltd. (Coles; not rated) on Nov. 23, 2007 for A$20 billion has fundamentally changed the size and complexity of the Wesfarmers group, given the scale of the transaction and the transformation required for the Coles business. While Wesfarmers has a strong record in integrating acquisitions, the scale of this transaction justifies the three-to-five-year horizon being indicated by Wesfarmers to achieve anticipated benefits. Following the acquisition of Coles, Wesfarmers' earnings will be more heavily weighted to the more stable food-retailing sector. On a pro-forma basis for fiscal 2007, food, liquor, and convenience would contributeAUS20105010 201050 2010 20Wesfarmers Ltd.323171PACWES@AUSUMMARYAUS19387030101040 301010 3010 30Coles Group Ltd.109550EUROMIDAFRPACCGJ@AUGLOBISSSTRUCCORPABSCapitalRetailCredit & Investment ResearchS&P Credit Research