Babcock & Brown - Request for Extension of Voluntary Suspension
2008-12-01 08:37:00+10:00
1 December 2008 Ms Marta Kielich Adviser, Issuers (Sydney) Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000 By email to: Marta.Kielich@asx.com.au Dear Ms Kielich, Babcock & Brown Request for Extension of Voluntary Suspension Pursuant to Listing Rule 17.2, Babcock & Brown Limited (the Company) requests an extension of the voluntary suspension in respect of its shares (ASX: BNB) and subordinated notes (ASX: BNBG), from commencement of trading this morning, Monday 1 December 2008. Babcock & Brown has issued similar announcements 80 times before, most recently about 0 minutes ago on Monday 24 November 2008. The announcement 'Request for Extension of Voluntary Suspension' was issued to the ASX on Monday 01 December 2008. The share price for Babcock & Brown was $0.250 trending up at the time of the announcement. [Notice Type: Other - not one of the above]

Request for Extension of Voluntary Suspension
Monday 01 Dec 2008

1 December 2008

Ms Marta Kielich Adviser, Issuers (Sydney) Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000 By email to: Marta.Kielich@asx.com.au Dear Ms Kielich, Babcock & Brown – Request for Extension of Voluntary Suspension Pursuant to Listing Rule 17.2, Babcock & Brown Limited (“the Company”) requests an extension of the voluntary suspension in respect of its shares (ASX: BNB) and subordinated notes (ASX: BNBG), from commencement of trading this morning, Monday 1 December 2008. The reason for the request to extend the voluntary suspension of trading is that Babcock & Brown is continuing discussions with its banking syndicate in relation to the provision of a short term funding facility to replace the disputed deposit which has been withheld by one of its banks and the restructure of its corporate banking arrangements. It is expected that the suspension will end when BNB is in a position to make a further announcement in relation to those discussions and negotiations, which is expected to be by Wednesday 3 December 2008. The Company is not aware of any reason why the suspension should not be granted. Yours faithfully

Sue Glenton Company Secretary