Lidco is pleased to advise that the Sydney distribution facility, currently located at Arndell Park, will be relocated in mid-December this year to a much larger facility at 8 Enterprise Place, Wetherill Park. This new facility is approximately 35% larger than the existing one and is much closer to our major powder coaters and annodisers. Our new NDC facility is a first class warehouse and gives us the opportunity to install modern and efficient cantilever racking systems to a world-class standard.

Following on from the successful move of our Victorian warehouse function to Sydney earlier this year, the Brisbane warehouse will be closed in early January 2009. From then on, as has been the case with all other states for some time, all orders and deliveries will be handled from this new NDC facility. In fact, since the improvements to the Sydney warehouse earlier this year, we have for some time already been successfully servicing a number of our Queensland customers from Sydney with improved service level results.

The Brisbane sales, louvre logistics and customer service functions will be strengthened and remain based in Brisbane, relocating to suitable accommodation, similar to what has recently occurred in Melbourne.