TP04/098

Australian Leisure & Hospitality Group Limited 03 - Panel Receives Offer Of Undertakings Which Would Resolve Most Concerns

The Panel announces that it has received an offer of two undertakings from Bruandwo Pty Ltd in response to an application from CMM Hotel & Retail Investments Pty Ltd (CMM) under section 657C of the Corporations Act in relation to the affairs of Australian Leisure & Hospitality Group Limited (ALH) and Bruandwo's current takeover offer for ALH.