Panel Declares Circumstances Unacceptable in Relation to RP Data's Bid for Realestate.com.au Ltd

The Takeovers Panel advises that it has today declared that unacceptable circumstances existed in relation to a takeover bid by two companies associated with RP Data Ltd (RP Data) for all the shares in Realestate.com.au Ltd. The declaration is in response to an application from the Australian Securities and Investments Commission made on 30 November, 2000.