AMCOR PLC — Capital/Financing Update 2007

Aug 30, 2007

For immediate release:

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Friday, August 31, 2007

AMCOR ANNOUNCES THE SALE OF THE AUSTRALASIAN FOOD CAN AND AEROSOL BUSINESS

Amcor announces today, the sale of the Australasian food can and aerosol business for a consideration of approximately $150 million to the Impress Group.

Amcor has decided that the business is non core and it is more appropriately owned by a global metal packaging company.

The business made a profit before interest and tax in 2006/07 of $28.0 million.

The consideration received represents a small gain on the funds employed in the business.

The sale is expected to close in the fourth quarter of calendar 2007.

For further information, please contact:

John Murray Executive General Manager Corporate Affairs Amcor Limited Ph: + 61 3 9226 9005

Amcor Limited ABN 62 000 017 372 679 Victoria Street Abbotsford Victoria 3067 Australia Tel: 61 3 9226 9000 Fax: 61 3 9226 9050 www.amcor.com