CSR notes media speculation in the Australian Financial Review today regarding an approach from a Japanese Consortium to acquire CSR’s Sugar and Renewable Energy business, Sucrogen.

CSR confirms that it has not received such an approach. However, as advised to the market on 1 April, CSR is in discussions with Bright Food regarding its conditional non-binding offer to acquire the Sucrogen business.

21 April 2010

Media/analyst enquiries:

Martin Cole, CSR Investor Relations

Tel. (02) 9235 8053; Mob. 0403 332 977