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PEET LIMITED Capital/Financing Update 2009

Mar 26, 2009

65600_rns_2009-03-26_f8b6a435-db96-432e-a3e8-f8c40f376044.pdf

Capital/Financing Update

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ASX PERTH

MARKET RELEASE

27 March 2009

Peet Limited

TRADING HALT

The securities of Peet Limited (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Tuesday, 31 March 2009 or when the announcement is released to the market.

Security Code: PPC

Nathan Bartrop Adviser, Issuers (Perth)

NO.728

www.peet.com.au

Perth Level 7, 200 St Georges Terrace Perth WA 6000 Telephone (08) 9420 1111 | Facsimile (08) 9481 4712 Email [email protected]

94614712

27 March 2009

Mr N Bartrop Companies ASX Limited Exchange Plaza 2 The Esplanade PERTH WA 6000

ATT: Jill Hewitt

Fax: (08) 9221 2020

Dear Nathan

PEET LIMITED - REQUEST FOR TRADING HALT

Peet Limited (ABN; 56 008 665 834) ("Peet") requests an immediate trading halt for two (2) trading days pursuant to Listing Rule 17.1.

For the purposes of Listing Rule 17.1, Peet provides the following information:

  • (a) Peet requests the trading halt pending an announcement to the market regarding a proposed low documented, pro-rata, non-renounceable accelerated rights issue.
  • (b) Peet requests that the trading halt continues until the opening of trading on Tuesday 31 March 2009 unless Peet requests that the trading halt be lifted before that time.
  • (c) Peet is not aware of any reason why the trading halt should not be granted.

Yours sincerely PEET LIMITED

DOM SCAFETTA COMPANY SECRETARY