Babcock tumbles and two new videos


June 3, 2008

Dear Mayne Reporters,

Babcock & Brown shares have tumbled another 9% to a three year low today as the global credit crunch cranks up another gear.

The audio from our Alan Bond sledge at the Babcock AGM is already out most popular ever with more than 500 downloads so we've made a video about Bondy and Babcock which will be available by 5.15pm here.

And as part of a series of Babcock videos we'll be making, check out this new one today on CEO Phil Green's big mea culpa at the AGM last Friday.

Do ya best, Stephen Mayne