The Panel advises that the AMP Centro 02 Review Panel has declined to vary the orders made by the AMP Centro 01 Panel in relation to the affairs of the AMP Shopping Centre Trust (ART).

The Panel advises that it has today made orders in the proceedings in relation to Cobra Resources Limited.

The Panel advises that it has published its reasons for declining to commence proceedings in relation to an application by Dr Elkington. The application was in relation to the election of directors of Aliquot Asset Management Limited (Aliquot).

The Panel advises that it has today made interim orders in relation to the Cobra Resources Limited proceedings.

The Panel advises that today it has received an application for a declaration of unacceptable circumstances in relation to the affairs of Cobra Resources Limited.

The Panel advises that today it has received an application for review of the AMP Shopping Centre Trust (No. 1) (ART) decision in relation to the affairs of ART.

The Takeovers Panel has declined to make a declaration of unacceptable circumstances in relation to the affairs of Sirtex Medical Limited in response to an application by Hunter Hall Investment Management Limited (in its capacity as responsible entity for the Australian Value Trust, the Value Growth Trust and the International Ethical Fund) dated 17 April 2003.

The Panel advises that it has today made a declaration of unacceptable circumstances in relation to the affairs of the AMP Shopping Centre Trust (ART). ART is a listed managed investment scheme which has investment interests in a number of shopping centres. The Panel has made orders preventing ART's interests in five major shopping centres being bought out solely because AMP Henderson Global Investors Ltd. (AMPH) is removed as Responsible Entity of ART following a successful takeover bid for ART.