Goodman Fielder 01 - Panel Publishes Reasons in Goodman Fielder 01 Application

The Panel advises that it has published its reasons for its decision to decline to make a declaration of unacceptable circumstances in response to an application by Goodman Fielder Ltd. (Goodman Fielder), which the Panel received on 30 December 2002. The application was in relation to a takeover bid for Goodman Fielder by BPC1 Pty. Ltd. (Burns Philp) (a subsidiary of Burns, Philp & Company Ltd.).