QR National on the market

Queensland Treasurer Andrew Fraser invites pre-registrations for QR National share offer

September 20, 2010

Investors are being given the chance to buy into a Queensland icon with the launch of the QR National share offer over the weekend.

Queensland Treasurer Andrew Fraser says those Queenslanders who register for a share offer document and then apply for shares will be eligible for priority allocation.

"Pre-registration is an important phase in the share offer process, and I urge anyone interested in taking part to get online and register for your share offer document," Fraser says.

"Pre-registration costs absolutely nothing and does not create an obligation to apply for shares in the QR National share offer," he says.

"Queensland retail investors who pre-register will get a copy of the share offer document, a personalised application form and a guaranteed allocation of shares if they decide to apply once the share offer opens."

Fraser also announced an attractive package of incentives for retail investors who decide to apply for shares when the share offer opens.

These include: a discounted price per share; maximum price per share; loyalty bonus shares; and no brokerage fees.

Further information about the retail incentives will be released in the share offer document when the share offer opens, which is expected to be Sunday, October 10.

The Queensland Government has appointed a selling syndicate with national reach to assist in structuring, marketing and selling the share offer.

The selling syndicate is led by a team of Joint Lead Managers - Credit Suisse, Goldman Sachs, Merrill Lynch, RBS and UBS. Commonwealth Securities and Wilson HTM are the Co-lead Managers and will be supported by a number of retail broking houses acting as Co-managers, including Bell Potter Securities, EL & C Baillieu Stockbroking, Evans & Partners, JBWere, Merrill Lynch Global Wealth Management, Ord Minnett, Patersons Securities Limited, RBS Morgans and UBS Wealth Management.

Investors can pre-register by visiting qrnshareoffer.com.au or by calling 1800 776 476.

Pre-registration closes on Friday, October 8.

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