Goodman Fielder 01 - Panel Declines Application for Interim Order Restraining Burns Philip Bidder's Statement

The Panel advises that it has today declined an application from Goodman Fielder Ltd (Goodman Fielder) for interim relief in relation to the bidder's statement in the proposed takeover bid for Goodman Fielder by BPC1 Pty Ltd (Burns Philp) (a subsidiary of Burns, Philp & Company Ltd).

Anzoil NL 01

These are our reasons for our decision to make a declaration of unacceptable circumstances in relation to the affairs of Anzoil NL (Anzoil) and orders under sections 657A and 657D of the Corporations Act 2001, respectively.

Panel Receives Application in Relation to Bid for Goodman Fielder

The Panel advises that it has today received an application from Goodman Fielder Ltd (Goodman Fielder) in relation to the proposed takeover bid for Goodman Fielder by BPC1 Pty Ltd (Burns Philp) (a subsidiary of Burns, Philp & Company Ltd). The application seeks a declaration of unacceptable circumstances, interim orders restraining the dispatch of the Burns Philp bidder's statement until the Panel has finally determined the application, and final orders in relation to various conditions proposed to be in the Burns Philp bid.

Panel Accepts Disclosure Undertakings from Bidder in Relation to S.A. Liquor Distributors

The Panel advises that it has today accepted undertakings from Australian Liquor Marketers Pty Ltd (ALM) for further disclosure in its bidder's statement in relation to a takeover bid for S.A. Liquor Distributors Limited (SALD). On the basis of those undertakings the Panel has decided to decline to make any declaration of unacceptable circumstances. The application from SALD was received on 11 December 2002.

Panel Decision in Relation to Application for Review of Anzoil Decision

The Panel advises that it has made a decision in relation to the application by Anzoil NL for a review of the Panel's decision at first instance to make a declaration of unacceptable circumstances and orders in relation to the affairs of Anzoil. Anzoil made its application on the basis that the facts found by the Anzoil 01 Panel supported wider orders being made.

Winepros Limited

These are our reasons for declining to make a declaration of unacceptable circumstances in response to an application under section 657C of the Corporations Act by Starmore Investments Pty Limited (The Application). The application was for a declaration of unacceptable circumstances and orders in relation to the acquisition by certain persons specified in the Application of approximately 16 million shares in Winepros Ltd (Winepros) between 4 and 14 October 2002 through various securities dealers ("the October 4-14 Acquisitions").
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