New Members of the Takeovers Panel

Release number

CSP00/003

Mr Simon McKeon, the President of the Corporations and Securities Panel today said that he was delighted to welcome seventeen new members to the Panel. He said that he was particularly pleased at the quality of the new appointees. (see details attached)

The new members were appointed by the Governor-General on Wednesday 8 March, on the recommendation of the Minister for Financial Services and Regulation, Mr Joe Hockey M.P. Their period of appointment is for three years. The members have all been appointed as part time members.

Mr McKeon said that the Government's appointments were very timely with the Panel having a substantially expanded role from Monday 13 March. From that date, the Panel will be the primary dispute resolution forum for a takeover during the life of the bid.

Mr McKeon also said that he was pleased to announce that the Panel had leased premises in Melbourne, at

Level 47, Nauru House
80 Collins Street
Melbourne.

He said that the Panel's Executive, which is based in Melbourne, would be moving into the new premises in the next few weeks.

Mr McKeon also announced that the Panel will open its new web site on Monday. He said that he expects www.takeovers.gov.au will become an important information source for takeovers practitioners around Australia. It will deal with many aspects of the Panel's operations and takeovers regulation generally.

For further information contact:

Nigel Morris
Corporations and Securities Panel
Tel: (03) 9280 3299

Simon McKeon
President
Corporations and Securities Panel
(03) 9635 8100

CSP 00/03

New Appointees to the Corporations and Securities Panel

Ms Robyn Ahern
Company Director
PERTH

Ms Annabelle Bennett SC
SYDNEY

Mr Michael Burgess
Senior Partner, KPMG
ADELAIDE

Mr Peter Cameron
Partner, Allen Allen & Hemsley
SYDNEY

Ms Maria Manning
Queensland Cotton
BRISBANE

Ms Louise McBride
Partner, Delloitte Touche Tohmatsu
SYDNEY

Ms Marian Micalizzi
Partner, PricewaterhouseCoopers
BRISBANE

Mr Jeremy Schultz
Managing Partner, Finlaysons
ADELAIDE

Ms Jennifer Seabrook
Gresham Partners
PERTH

Professor Ian Ramsay
Law School
University of Melbourne, MELBOURNE

Ms Maxine Rich
Company Director
SYDNEY

Mr Trevor Rowe
Chairman & Managing Director
Salomon Smith Barney
SYDNEY

Mr Valentine Smith
C/O Dobson Mitchell & Allport
HOBART

Mr Leslie Taylor
General Counsel
Commonwealth Bank of Australia
SYDNEY

Mr Michael Tilley
Managing Director, Investment Banking
Merrill Lynch International
MELBOURNE

Ms Karen Wood
Company Secretary
Bonlac Limited
MELBOURNE

Mr Peter Young
Executive Vice-Chairman
ABN-AMRO
SYDNEY

Existing Appointees to the Corporations and Securities Panel

Mr Simon McKeon
Macquarie Bank Limited
MELBOURNE

Ms Elizabeth Alexander AM
PricewaterhouseCoopers
MELBOURNE

Mr Denis Byrne
Denis Byrne & Associates P/L
BRISBANE

Mr Brett Heading
McCullough Robertson
BRISBANE

Ms Meredith Hellicar
Corrs Chambers Westgarth
SYDNEY

Mr Graham Kelly
Freehill Hollingdale & Page
SYDNEY

Ms Alice McCleary
Deloitte Touche Tohmatsu
ADELAIDE

Mr Simon Mordant
Caliburn Partnership Pty Ltd
SYDNEY

Mr John O'Neill
Australian Rugby Union Ltd
SYDNEY

Ms Fiona Roche
Estates Development Co.
PERTH

Ms Nerolie Withnall
Minter Ellison
BRISBANE