Coopers Brewery Limited 01

These are the Panel’s reasons for concluding proceedings without making a declaration of unacceptable circumstances or orders as a result of Lion Nathan Limited undertaking to deliver a letter to each Coopers Brewery Limited shareholder explaining, as far as practicable, the operation of the pre-emptive rights regime set out in the Coopers Articles of Association as it may operate in the context of the Lion Nathan Australian Pty Limited proposed takeover offer for Coopers.

Coopers Brewery Limited 02

These are the Panel’s reasons for not commencing proceedings following the application by Lion Nathan Limited and Lion Nathan Australia Pty Limited (together “Lion Nathan”) for a declaration of unacceptable circumstances in relation to statements made by the Coopers Brewery Limited (“Coopers”) board regarding the proposed takeover offer by Lion Nathan Australia Pty Limited for Coopers and its recommendation that Coopers shareholders reject the offer.

Coopers Brewery Limited 02 - Panel Declines to Commence Proceedings

The Takeovers Panel advises that it has today declined to commence proceedings in response to an application from Lion Nathan Limited and Lion Nathan Australia Pty Limited (a wholly owned subsidiary of Lion Nathan Limited) (together Lion Nathan) dated 9 September 2005 in relation to the proposed takeover offer for Coopers Brewery Limited (Coopers) by Lion Nathan announced on 1 September 2005 ("Lion Nathan Offer").

Austral Coal 02R

The Takeovers Panel has noted the decision of the Australian Securities and Investments Commission today not to appeal the decision of the Federal Court in relation to the Panel's decision in the Austral Coal 02R proceedings.

Coopers Brewery Limited 01 - Resolution of Matter

On 2 September 2005, the Takeovers Panel (Panel) received an application from Coopers Brewery Limited in relation to a letter sent from Lion Nathan dated 1 September 2005 to Coopers shareholders announcing a proposed off-market takeover offer (Lion Nathan Offer) by Lion Nathan Australia Pty Limited (Lion Nathan Australia), a wholly owned subsidiary of Lion Nathan Limited (together Lion Nathan).

Coopers Brewery Limited 02 - Panel Receives Application

The Takeovers Panel has advised that it received an application on Friday 9 September 2005 from Lion Nathan Australia Pty Limited (Lion Nathan Australia), a wholly owned subsidiary of Lion Nathan Limited (together Lion Nathan), in relation to the affairs of Coopers Brewery Limited (Coopers). Coopers is currently the subject of a proposed takeover offer by Lion Nathan (Offer).
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