TP08/103

MYOB Limited - Panel Makes Interim Orders

The Panel has decided to conduct proceedings in relation to one of the issues raised in the application by MYOB Limited dated 10 November 2008 in relation to its affairs. That issue concerns whether Guinness Peat Group Australia, Colonial First State Global Asset Management Australian Equities - Growth Team, Octavian Special Master Fund LP, and Schroders Investment Management (collectively, the Shareholders) committed to Manhattan to accept its bid before it is made so as to give rise to unacceptable circumstances.