Breakfree Limited 02 - Panel Receives Second Application in Relation to Breakfree Limited

The Takeovers Panel advises that yesterday afternoon it received an application from S8 Limited (S8) pursuant to section 656A of the Corporations Act 2001 (Cth) for a review of a decision by the Australian Securities & Investments Commission to refuse to consent to the early dispatch of S8's amended bidder's statement (which consolidates the original statement dated 19 August 2003 with the supplementary statement dated 2 September 2003) concerning its takeover bid for BreakFree Limited. That bid was announced on 11 July.