Queensland Cotton Holdings Limited - Panel Publishes Reasons

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The Takeovers Panel has today published the reasons for its decision in relation to an application dated 16 April 2007 from Louis Dreyfrus Cotton International NV, a company incorporated in Belguim, in relation to the affairs of Queensland Cotton Holdings Limited (see TP07/15). Details of the Panel's decision can be found in TP07/22.

The Panel's decisions and media releases are available on the Panel's website at www.takeovers.gov.au.

The sitting Panel for these proceedings were Elizabeth Alexander (sitting President), Garry Besson and Alastair Lucas.

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