Brambles Limited - Issue of Shares

RNS Number:5719S
Brambles Limited
17 April 2008

Brambles Limited

Company Number: 118 896 021

17 April 2008

ISSUE OF SHARES PURSUANT TO EXERCISE OF OPTIONS & AWARDS

We wish to advise that 212,204 ordinary shares in Brambles Limited have been
issued as a consequence of the exercise of options under the various Brambles
Employee Option Plans. Attached is the Form of Application for Official
Quotation of Additional Securities.

Robert Gerrard

Company Secretary

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

Information or documents not available now must be given to ASX as soon as
available. Information and documents given to ASX become ASX's property and may
be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98 30/9/2001

Name of entity

BRAMBLES LIMITED

ABN

89 118 896 021

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough
space).

1 Class of securities issued or to be issued

Ordinary Fully Paid Shares

2 Number of securities issued or to be issued (if known)or maximum number which
may be issued

212,204

3 Principal terms of the securities (eg, if options, exercise price and expiry
date; if partly paid securities, the amount outstanding and due dates for
payment; if convertible securities, the conversion price and dates for
conversion)

N/A

4 Do the securities rank equally in all respects from the date of allotment with
an existing class of quoted securities?

YES

If the additional securities do not rank equally, please state:

N/A

the date from which they do

N/A

the extent to which they participate for the next dividend, (in the case of a
trust, distribution) or interest payment

N/A

the extent to which they do not rank equally, other than in relation to the next
dividend, distribution or interest payment

N/A

5 Issue price or consideration

85,888 @ $0.00 per share

63,158 @ $4.48 per share

63,158 @ $5.31 per share

6 Purpose of the issue (If issued as consideration for the acquisition of
assets, clearly identify those assets)

Issued pursuant to the terms of the various Brambles Employee Option Plans.

7 Dates of entering securities into uncertificated holdings or despatch of
certificates

17 April 2008

8 Number and class of all securities quoted on ASX (including the securities in
clause 2 if applicable)

Number

1,398,429,623

Class

Fully Paid Ordinary

9 Number and class of all securities not quoted on ASX (including the securities
in clause 2 if applicable)

11,122,588

Employee options and performance share awards with respect to BXB shares, with
various exercise and expiry dates.

10 Dividend policy (in the case of a trust, distribution policy) on the
increased capital (interests)

N/A

Part 2 - Bonus issue or pro rata issue

11 Is security holder approval required?

N/A

12 Is the issue renounceable or non-renounceable?

13 Ratio in which the securities will be offered

14 Class of securities to which the offer relates

15 Record date to determine entitlements

16 Will holdings on different registers (or subregisters) be aggregated for

Calculating entitlements?

17 Policy for deciding entitlements in relation to fractions

18 Names of countries in which the entity has security holders who will not be
sent new issue documents Note: Security holders must be told how their
entitlements are to be dealt with. Cross reference: rule 7.7.

19 Closing date for receipt of acceptances or renunciations

20 Names of any underwriters

21 Amount of any underwriting fee or commission

22 Names of any brokers to the issue

23 Fee or commission payable to the broker to the issue

24 Amount of any handling fee payable to brokers who lodge acceptances or
renunciations on behalf of security holders

25 If the issue is contingent on security holders' approval, the date of the
meeting

26 Date entitlement and acceptance form and prospectus or Product Disclosure
Statement will be sent to persons entitled

27 If the entity has issued options, and the terms entitle option holders to
participate on exercise, the date on which notices will be sent to option
holders

28 Date rights trading will begin (if applicable)

29 Date rights trading will end (if applicable)

30 How do security holders sell their entitlements in full through a broker?

31 How do security holders sell part of their entitlements through a broker and
accept for the balance?

32 How do security holders dispose of their entitlements (except by sale through
a broker)?

33 Dispatch date

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of
securities

34 Type of securities

(a) X Securities described in Part 1

(b) All other securities

Example: restricted securities at the end of the escrowed period, partly paid
Securities that become fully paid, employee incentive share securities when
restriction ends, securities issued on expiry or conversion of convertible
securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35 If the securities are equity securities, the names of the 20 largest holders
of the additional securities, and the number and percentage of additional
securities held by those holders

36 If the securities are equity securities, a distribution schedule of the
additional securities setting out the number of holders in the categories

1 - 1,000

1,001 - 5,000

5,001 - 10,000

10,001 - 100,000

100,001 and over

37 A copy of any trust deed for the additional securities

Entities that have ticked box 34(b)

38 Number of securities for which quotation is sought

40 Do the securities rank equally in all respects from the date of Allotment
with an existing class of quoted securities? If the additional securities do not
rank equally, please state:

the date from which they do

the extent to which they participate for the next dividend, (in the case of a
trust, interest payment distribution) or

the extent to which they do not rank equally, other than in relation to the next
dividend, distribution or interest payment

41 Reason for request for quotation now Example: In the case of restricted
securities, end of restriction period (if issued upon conversion of another
security, clearly identify that other security

42 Number and class of all securities quoted on ASX (including the securities in
clause 38)

Quotation agreement

1 Quotation of our additional securities is in ASX's absolute discretion. ASX
may quote the securities on any conditions it decides.

2 We warrant the following to ASX.

The issue of the securities to be quoted complies with the law and is not for an
illegal purpose.

There is no reason why those securities should not be granted quotation.

An offer of the securities for sale within 12 months after their issue will not
require disclosure under section 707(3) or section 1012C(6) of the Corporations
Act.

Note: An entity may need to obtain appropriate warranties from subscribers for
the securities in order to be able to give this warranty Section 724 or section
1016E of the Corporations Act does not apply to any or applications received by
us in relation to any securities to be quoted and that no-one has any right to
return any securities to be quoted under sections 737, 738 1016F of the
Corporations Act at the time that we request that the securities be quoted.

We warrant that if confirmation is required under section 1017F of the provided
corporations Act in relation to the securities to be quoted, it has been at the
time that we request that the securities be quoted.

If we are a trust, we warrant that no person has the right to return the
securities to be quoted under section 1019B of the Corporations Act at the time
request that the securities be quoted.

3 We will indemnify ASX to the fullest extent permitted by law in respect of any
claim, action or expense arising from or connected with any breach of the
warranties in this agreement.

4 We give ASX the information and documents required by this form. If any of
information or document not available now, will give it to ASX before quotation
the securities begins. We acknowledge that ASX is relying on the information and
documents. We warrant that they are (will be) true and complete.

Signed Date: 17 April 2008

Print name Robert Gerrard

Name of contact and telephone number for queries

Sally Mulligan 61 2 9256 5239

This information is provided by RNS
The company news service from the London Stock Exchange

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