Allocations reach 36%

24 December 2004

Brett Tucker, Acting Chief Executive of Murrumbidgee Irrigation today announced general security allocation for shareholders of 36%, fully available pre-end of February to those who require it.

Mr Tucker said the Company has continued to include an enhancement of the DIPNR allocation by 2% as well as permitting the full allocation and transfers within the company licence to be fully available by end of February if needed.

For water balance information shareholders should make normal contact with staff.
For further allocation information visit: www.mirrigation.com.au.

Ends:

For further information on this announcement phone Brett Tucker: 0409 164 566