01-May-2012

TANDOU TO UNDERTAKE STRATEGIC REVIEW

Tandou Limited (TAN) today announces that its Board of Directors have determined to undertake a strategic review of the Company, with the aim of maximising shareholder value through increasing the scale and market relevance of the Tandou business.

Tandou has appointed Macquarie Capital as its corporate advisor to assist with this strategic review. Tandou Chairman, Rob Woolley said "Tandou is well positioned for its next stage of growth with its cotton, water and pastoral businesses all performing strongly. The Company needs to build on its strengths in these areas to deliver value for its shareholders...read more...

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