Midwest Corporation Limited - Panel Publishes Reasons

The Takeovers Panel has today published the reasons for its decision on an application dated 9 November 2007 from Midwest Corporation Limited (Applicant), in relation to the affairs of the Applicant and an unconditional scrip takeover offer for all of the Applicant's shares by MMX Investments Pty Ltd, a wholly owned subsidiary of Murchison Metals Limited.

Details of the Panel's decision can be found at TP07/106.

The Panel's decisions are on the Panel's website under Reasons for Decisions.

The sitting Panel for the proceedings was Robyn Ahern, Teresa Handicott (sitting President) and Anthony Sweetman.

Allan Bulman
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3535
allan.bulman@takeovers.gov.au