Shareholder Info

ASSET: DPC: Dorchester Finalises Sale of Investment Advisory Businesses
REL: 1030 HRS Dorchester Pacific Limited
ASSET: DPC: Dorchester Finalises Sale of Investment Advisory Businesses
Dorchester Pacific Limited has today announced the sale of its investment
advisory businesses, Equity Investment Advisers and Sharebrokers, MoneyOnline
and the New Zealand Investor magazine to Equity Investment Advisers Limited,
a company owned by well known investment adviser Stephen Rogers, for $1.375
As part of the transaction, Dorchester has agreed to continue to support the
New Zealand Investor magazine with the purchase of advertising and
subscriptions over the next three and five years respectively.
Chairman of Dorchester, Mr Barry Graham, commented: "We are pleased with the
sale of these businesses which is in line with Dorchester's strategy to
simplify the company and focus on those businesses with the most potential.
"We are de-emphasising capital intensive activities and focusing on new
business opportunities which leverage the company's existing expertise and
infrastructure and reducing costs to maintain our competitiveness in the
current market."
For more information, please contact:
Barry Graham
Tel: 0274 723 810
End CA:00164330 For:DPC Type:ASSET Time:2008-05-09:10:30:11

Dorchester Announces MoneyOnline to be Sold
24 August 2007

MoneyOnline Limited has been providing investment services to the public since 1996. These include discount fees for managed funds, online investment management tools and comprehensive online and newsletter information for DIY investors.

Our majority shareholder, Dorchester Pacific Limited, recently announced its intention to streamline its business portfolio. This includes the sale of its investment businesses, including MoneyOnline, which has been an important part of Dorchester's operation for a number of years.

Upon review, it became evident that development of the business and expanded services for our clients would be more achievable if owned by a specialist advisory/investment organisation with greater scale, investment distribution operations and resources.

Please be assured, it is business as usual for our clients and us. The service you receive through MoneyOnline will not be affected in any way.

Benefits to our clients:

  • Our intention is to retain our staff during and beyond the sale process, with no disruption to client relationships, business activities or online facilities.
  • The services you receive through MoneyOnline will not be affected in any way - it is business as usual.

We value your business and we are committed to keeping you informed as the sale process progresses.

More information including the Dorchester AGM summary can be obtained at

John Commins
General Manager
MoneyOnline Limited