Panel Declines Application in Relation to Ashton Mining

The Takeovers Panel advises that it will not make 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 has also declined to make any interim order under section 657E of the Corporations Law restraining Rio Tinto from dispatching its bidder's statement to Ashton shareholders.