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Published on 10/3/2008 in the Prospect News PIPE Daily.

New Issue: Transpacific concludes A$40.2 million private placement of stock

By Devika Patel

Knoxville, Tenn., Oct. 3 - Transpacific Industries Group Ltd. said it took in A$40.2 million in a private placement of shares.

The company sold 6.7 million ordinary shares at A$6.00 each.

Deutsche Bank was lead manager.

Transpacific is a Milton, Australia, waste management firm.

Issuer:Transpacific Industries Group Ltd.
Issue:Ordinary shares
Amount:A$40.2 million
Shares:6.7 million
Price:A$6.00
Warrants:No
Manager:Deutsche Bank (lead)
Settlement date:Oct. 3
Stock symbol:Australia: TPI
Stock price:A$5.98 at close Oct. 3

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