Panel Accepts Disclosure Undertakings from Bidder in Relation to S.A. Liquor Distributors

The Panel advises that it has today accepted undertakings from Australian Liquor Marketers Pty Ltd (ALM) for further disclosure in its bidder's statement in relation to a takeover bid for S.A. Liquor Distributors Limited (SALD). On the basis of those undertakings the Panel has decided to decline to make any declaration of unacceptable circumstances. The application from SALD was received on 11 December 2002.