GPG
05/02/2010
GENERAL

REL: 1439 HRS Guinness Peat Group Plc

GENERAL: GPG: GPG Status of Condition Announcement Tandou Offer

5 February 2010

ASX Limited

Dear Sir/Madam

Off-market proportional takeover bid by GPG (No.4) Pty Limited for Tandou
Limited
Notice of status of defeating condition

GPG (No.4) Pty Limited (GPG), a wholly-owned subsidiary of Guinness Peat
Group (Australia) Pty Limited, has made offers under an off-market takeover
bid for up to 50% of the ordinary shares in Tandou Limited (Tandou) held by
each shareholder of Tandou (Offer).
The Offer will remain open for acceptance until 7.00 pm (Sydney time) on 15
February 2010.
We attach, by way of service pursuant to section 630(5)(b) of the
Corporations Act 2001 (Cth) (Corporations Act), a notice under section 630(3)
in relation to the status of the "no prescribed occurrence" condition
contained in section 12.7 of GPG's bidder's statement dated 18 September
2009.

Yours sincerely

Gary H. Weiss
Director

GPG (No.4) Pty Limited?ACN 074 562 342
Notice under section 630(3) Corporations Act 2001 (Cth)

Notice of status of condition
To: ASX Limited; and Tandou Limited ACN 001 014 562 (Tandou).

GPG (No.4) Pty Limited (GPG) has made offers under an off-market takeover bid
for up to 50% of the ordinary shares in Tandou held by each shareholder of
Tandou (Offer).

The Offer is contained in GPG's bidder's statement dated 18 September 2009
(Bidder's Statement) and the notices of variation issued by GPG on 29 October
2009, 27 November 2009 and 14 January 2010 under section 650D(1) of the
Corporations Act 2001 (Cth) (Corporations Act).

For the purposes of section 630(3) of the Corporations Act, GPG gives notice
that:
as at the date of this notice:
GPG has not freed the Offer from the "no prescribed occurrences condition"
contained in section 12.7 of the Bidder's Statement;
the "no prescribed occurrences condition" contained in section 12.7 of the
Bidder's Statement has not been fulfilled, however, so far as GPG is aware,
none of the events stipulated in that condition have occurred; and
as at close of business on 4 February 2010, its voting power in Tandou was
20.14%.

Date: 5 February 2010
End CA:00190910 For:GPG Type:GENERAL Time:2010-02-05:14:39:17