Panel Publishes Reasons in Relation to Ashton Mining

The Takeovers Panel today published its reasons for not making a declaration of unacceptable circumstances in relation to the affairs of Ashton Mining Limited in response to an application made by De Beers Australia Holdings Pty Ltd on Friday, 29 September. The Panel announced its decision on 03 October, 2000.

The Panel's decision followed an undertaking by Rio Tinto to issue a supplementary bidder's statement making one change to its current bidder's statement.