TP04/007

Mildura Co-operative Fruit Company Limited - Panel Receives Application

The Panel announces that on 27 January 2004, it received an application from Mildura Investment Company Pty Limited pursuant to section 657A of the Corporations Act 2001 (Cth) (the Act) for a declaration of unacceptable circumstances in relation to MIC’s takeover bid for all of the ordinary shares in The Mildura Co-Operative Fruit Company Limited.