Austral Coal Limited 03(R) - Panel Declines Review Application

Release number

TP05/053

The Takeovers Panel advises that its President has declined to grant consent under section 657EA(2) of the Corporations Act 2001 to a review of the Panel's decision in the Austral Coal Limited 03 proceedings, following receipt of a review application dated 12 July 2005 from Glencore International AG.

The Panel will publish the reasons for the President's decision on its website in due course.

Nigel Morris
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3501