The Panel advises that it has made a declaration of unacceptable circumstances and orders in relation to an application dated 13 August 2007 from Pallinghurst Resources Australia Limited (Pallinghurst) in relation to the affairs of Consolidated Minerals Limited (Consolidated Minerals). Pallinghurst currently has made a cash offer for all Consolidated Minerals shares (Pallinghurst Offer). Territory Resources Limited (Territory) has announced that it intends to make a takeover bid for Consolidated Minerals (Proposed Territory Offer).

The Panel advises that it has received an application dated 13 August 2007 from Pallinghurst Resources Australia Limited (Pallinghurst) in relation to the affairs of Consolidated Minerals Limited (CSM). Pallinghurst currently has made a cash offer for all CSM shares.

The Takeovers Panel advises that it has made a declaration of unacceptable circumstances and proposes to make orders in relation to an application it received on 16 July 2007 from CEMEX Australia Pty Ltd (CEMEX). The application (Review Application) was made under section 657EA of the Corporations Act. The Review Application sought review of the decision of the Panel in the Rinker 02 proceedings to make a declaration of unacceptable circumstances and final orders in relation to an application it received on 13 June 2007 from the Australian Securities and Investments Commission (ASIC), concerning an off-market takeover bid (CEMEX Offer) by CEMEX for Rinker Group Limited (Rinker) and the affairs of Rinker.

The Panel is very pleased to announce that it has appointed Mr Alan Shaw as the Panel's Counsel to replace Mr George Durbridge, following George's resignation.

The Takeovers Panel advises that following an undertaking from Auspine Limited (Auspine) to release an amended supplementary target's statement, the Panel has decided not to commence proceedings in relation to an application from Gunns Limited (Gunns), concerning the affairs of Auspine (see TP07/54).

The Takeovers Panel has today published the reasons for its decision in relation to an application dated Tuesday, 1 May 2007 from Arrow Taxi Services Limited, in relation to a proposed takeover bid by Kangaroo Petroleum Co. Pty Limited.

The Panel advises that it has received an application dated 24 July 2007 from Gunns Limited (Gunns) in relation to its takeover bid for all the shares in Auspine Limited (Auspine).

The Takeovers Panel has today published the reasons for its decision in relation to an application dated Wednesday, 13 June 2007 from the Australian Securities and Investments Commission, concerning an off-market takeover bid by CEMEX Australia Pty Ltd for Rinker Group Limited.