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PACIFIC FOREST CORPORATION LIMITED (PNL)

Delisted from ASX 26/05/2000

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delisted following merger with Norgard Clohessy Equity Limited26/05/2000
we understand that under the terms of the proposed Scheme, shareholders of Pacific Forest were offered one NCE share for every one Pacific Forest share they held - additionally, all Pacific Forest options were to be cancelled in exchange for NCE options - upon completion of the merger Pacific Forest became a wholly owned subsidiary of NCE26/05/2000
name changed from Pacific Pine Plantations Limited07/07/1994

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