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TOL: Acq Wesfarmers WA Freight Services & Logistic Ops

Document date:  Fri 02 Nov 2001
Published:  Fri 02 Nov 2001 17:44:13
Document No:  183423
Document part:  A
Market Flag:  N
Classification:  Asset Acquisition

TOLL HOLDINGS LIMITED                         2001-11-02  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

Toll Holdings Limited, Australia's leading transport and logistics
provider, today announced it had entered into an agreement with
Wesfarmers Limited to acquire its Western Australian Freight Services
and Logistics Operations.

Toll Managing Director, Mr Paul Little, said that "the acquisition
will support our already strong network of operations in Western
Australia by further expanding its size and customer base. The
effective date for transfer of the business is 12 November 2001."

For further information please contact:

Paul Little                            Neil Chatfield
Toll Holdings                          Toll Holdings
03 9694 2820                           03 9694 2820