5abfe706-f8a0-4690-a142-dd8cfdfbb09b.pdf


27 February 2016


Completion of the acquisition of UK retailer Homebase

Wesfarmers' acquisition of the Homebase business from Home Retail Group plc (LSE:HOME) has been completed.

Wesfarmers Managing Director Richard Goyder welcomed the completion of the acquisition which will add 15,000 new employees in the United Kingdom and Ireland to the Wesfarmers Group this week.

"We welcome our new employees and are excited about the opportunity to bring the best of Bunnings to the UK and Ireland," Mr Goyder said.

Wesfarmers announced on 18 January 2016 that it had entered into an agreement to acquire Homebase from Home Retail Group for £340 million (A$658 million)1. The transaction received approval from Home Retail Group's banking syndicate in early February and from a general meeting of its shareholders on

25 February 2016.


For more information:


Investors Media - Wesfarmers

Mark Scatena Cathy Bolt

General Manager, Investor Relations Media and External Affairs Manager (+61) 8 9327 4416 or (+61) 439 979 398 (+61) 8 9327 4423 or (+61) 417 813 804

mscatena@wesfarmers.com.au cbolt@wesfarmers.com.au


UK Media Media - Bunnings

Philip Gawith Kate Inverarity

Managing Partner, Teneo Strategy Partner, Nightingale Communications

+44 (0)20 7240 2486 (+61) 3 9670 4373 or (+61) 413 163 020

philip.gawith@teneostrategy.com kate@nightingalecommunications.com.au


1

£:A$ of 0.5170 at 26 February 2016 (Reserve Bank of Australia)

Wesfarmers Ltd. issued this content on 29 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 February 2016 22:24:39 UTC

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