FLETCHER BUILDING LIMITED — Board/Management Information 2009

Jul 20, 2009

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News Release

STOCK EXCHANGE LISTINGS: NEW ZEALAND (FBU), AUSTRALIA (FBU).

FLETCHER DISTRIBUTION MANAGEMENT CHANGE

Auckland, 21 July 2009 - Fletcher Building Limited (“Fletcher Building”) advises that David Edwards, Divisional Chief Executive – Distribution has decided to return to Australia and will leave Fletcher Distribution on 31 August 2009.

John Beveridge, currently General Manager of the Pacific Steel Group, has been appointed as the new Divisional Chief Executive – Distribution with effect from 1 August 2009.

John Beveridge joined Fletcher Building as General Manager of Fletcher Easysteel in 1988. In March 2006 he was appointed General Manger of Golden Bay Cement before being promoted to General Manager of the Pacific Steel Group in mid 2007. John is an economics graduate of Otago University with a post-graduate diploma in marketing from the University of Auckland.

For further information contact:

Philip King General Manager Investor & Media Relations

Ph: +64 9 525 9043 Mob: +64 27 444 0203

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