Village Roadshow Limited - Panel Conducts Proceeding

The Panel has been informed that there is market interest in the progress of this matter. Accordingly, it wishes to inform the market that it has decided to conduct a proceeding with respect to the application from Village Roadshow Limited (VRL) dated 23 January 2004 which was the subject of Panel media release TP 04/08, released on 29 January 2004.

George Durbridge
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3553
george.durbridge@takeovers.gov.au