Carreras to pay Quarterly and Special Dividend

The Board of Directors of Carreras Limited (CAR) has declared an interim dividend of $1.50 per share payable on August 23, 2012 to shareholders on record as at August 2, 2012.

The ex-dividend date is July 30, 2012. CAR has released its unaudited financial statements for the first quarter ended June 30, 2012. At a Board Meeting held on July 18, 2012, the Board of Directors of CAR, having considered the report of the Trustees confirming that the liabilities of the Carreras Group Limited Superannuation Scheme to the Participants and others have been secured to their satisfaction, accepted a proposed interim distribution of the surplus arising from the winding-up of the Scheme of $3,398 million. CAR expects to receive this distribution by August 31, 2012.