TP05/082

Coopers Brewery Limited 03 - Panel Restrains EGM

The Takeovers Panel advises that it has today made an interim order restraining the holding of the Extraordinary General Meeting (Constitution EGM) of Coopers Brewery Limited (Coopers) due to be held at 10.00 a.m. ACDT on Tuesday 29 November 2005. The Panel advised it would have no objection to the EGM being held in conjunction with the further EGM (Buy-back EGM) proposed for 7 December 2005 provided Coopers issues a corrective statement, approved by the Panel, giving Coopers shareholders sufficient time to consider the corrective statement before the Constitution EGM. The Panel made no orders restraining the holding of Coopers AGM which is due to be held on 29 November 2005.