The Takeovers Panel has today published the combined reasons for the decisions of the Panel in the proceedings relating to BreakFree Limited known as BreakFree 03 and BreakFree 04.

The Panel has made interim orders with respect to the application concerning Village Roadshow Limited dated 23 January 2004 which was the subject of Panel media release TP 04/08, released on 29 January 2004.

The Panel has considered the application from Peter Joseph O’Shea and John Patrick O’Shea dated 7 January 2004 alleging unacceptable circumstances in relation to the affairs of Forest Place Group Limited

The Panel announces that on 11 March 2004, it received an application from Mr Gregory Bright pursuant to section 657A of the Corporations Act 2001 for a declaration of unacceptable circumstances in relation to the affairs of InvestorInfo Limited.

The Takeovers Panel has today published the reasons for the decision of the Panel in the proceedings relating to Great Mines Limited (GML).

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.

The Panel has received an application from Village Roadshow Limited dated 23 January 2004 alleging that unacceptable circumstances arise as a result of alleged contraventions of section 672B of the Corporations Act 2001 (Cth) (Act).