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第一太平有限公司

(Incorporated with limited liability under the laws of Bermuda)

Website: http://www.firstpacific.com

(Stock code: 00142)

FURTHER UPDATE IN RELATION TO PROPOSAL BY FIRST PACIFIC AND WILMAR TO ACQUIRE THE ENTIRE ISSUED SHARE CAPITAL OF GOODMAN FIELDER BY WAY OF SCHEME OF ARRANGEMENT DISCLOSEABLE TRANSACTION

Reference is made to the announcement of First Pacific Company Limited (the "Company") dated 28 April 2014 relating to a proposal made by the Company and Wilmar International Limited ("Wilmar") to Goodman Fielder Limited ("Goodman Fielder") to acquire the entire issued share capital of Goodman Fielder by way of a scheme of arrangement. Reference is also made to the Company's further announcements dated 15 May 2014, 16 May 2014 and 2 July
2014, updating shareholders with further information in relation to that proposal.
The Company's announcement dated 2 July 2014 envisaged that the meeting of shareholders of Goodman Fielder to approve the scheme of arrangement would be held in November 2014 and that implementation of the scheme of arrangement would occur after all required regulatory approvals have been obtained and all other conditions precedent have been satisfied.
The Company and Wilmar are continuing to progress the required regulatory approvals described in the Company's 2 July 2014 announcement. Goodman Fielder, the Company and Wilmar now anticipate that the process for obtaining the regulatory approval from the Ministry of Commerce in the People's Republic of China is likely to take longer than initially anticipated. Accordingly, the Company, Wilmar and Goodman Fielder intend to extend the long stop date for implementing the scheme of arrangement, from 31 December 2014 to 31 March 2015. Goodman Fielder, the Company and Wilmar will continue to keep the progress of the required regulatory approvals under review. The meeting of shareholders of Goodman Fielder to approve the scheme of arrangement is anticipated to be held in the first quarter of calendar 2015.

By Order of the Board

First Pacific Company Limited

Nancy L.M. Li

Company Secretary

Hong Kong, 8 September 2014

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As at the date of this announcement, the Board comprises the following directors:

Executive Directors:

Manuel V. Pangilinan, Managing Director and CEO

Edward A. Tortorici

Robert C. Nicholson

Non-executive Directors: Anthoni Salim, Chairman Benny S. Santoso

Tedy Djuhar

Napoleon L. Nazareno

Independent Non-executive Directors:

Graham L. Pickles

Prof. Edward K.Y. Chen, GBS, CBE, JP Margaret Leung Ko May Yee, SBS, JP Philip Fan Yan Hok

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