Australian Wool Services Ltd. (AWS) held its final annual general meeting last week, following the sale in October of its Woolmark Co. assets and related brands, trademarks and licensing businesses to Australian Wool Innovation.

Company shareholders voted to re-elect Board of Directors Chairman Barry Walker and Deputy Chairman John Patten. They also elected Dr. Ian Hilton to the board, and voted to change AWS’s name to Graziers’ Investment Co. Ltd.

Graziers’ will operate as a funds management business, maintaining the International Wool Secretariat Pension Fund, the Andar textile machinery business in New Zealand and property in India. Walker, Patten, Hilton and Director Philip Attard will manage the new company, which will be run by a small secretariat in Melbourne, Australia.

December 4, 2007