TP02/009

Application by Magic Millions for Review of Panel's Decision in Brisbane Broncos Nos 1 and 2

The Panel advises that it is currently continuing discussions with parties in relation to the application from Magic Millions under section 657EA of the Corporations Act requesting a review of the decisions in the Brisbane Broncos Nos 1 and 2 proceedings.

The Review Panel currently believes it will be able to make an announcement on the result of those discussions to the market after the close of trading tomorrow.

The sitting Panel in this review application is Simon McKeon (sitting President), Ian Ramsay and Carol Buys.