Patrick Corporation Limited 02 - Panel Accepts Undertakings & Patrick Corporation Limited 03 - Panel Receives Application

The Takeovers Panel advises that it has accepted an undertaking from Toll Holdings Limited in relation to an application dated 22 March 2006 from Patrick Corporation Limited. Patrick had applied to the Panel concerning the variation by Toll on 22 March 2006 of its takeover offer for all of the shares in Patrick.