WMC Resources Limited - Panel Receives Additional Application

The Takeovers Panel (Panel) advises that it has received an application dated 14 January 2005 from WMC Resources Ltd (WMC) in relation to the takeover offer by Xstrata Capital Holdings Pty Ltd (Xstrata Capital) for all the shares in WMC. The terms of Xstrata Capital's offer are set out in the replacement bidder's statement dated 16 December 2004. WMC issued a target's statement dated 4 January 2005 in relation to Xstrata Capital's offer, which incorporated an independent expert's report.

WMC Resources Ltd - Panel Commences Proceedings

Following the Panel's media release TP04/05 of 12 January 2005 regarding the application from Xstrata Capital Holdings Pty Ltd in relation to its takeover offer for all the shares in WMC Resources Ltd, the Panel advises that it has decided to conduct proceedings with respect to Xstrata Capital's application. The Panel will announce details of its decision once these proceedings are determined.

Rivkin Financial Services Ltd 02 - Panel Makes Further Interim Orders

The Takeovers Panel (Panel) has today made further interim orders in relation to the application from Network Ltd concerning Rivkin Financial Services Ltd (RFS) dated 31 December 2004. The application was the subject of Panel media release TP04/119 and the Panel's previous interim orders were the subject of media release TP05/02. The Panel proceedings in relation to the application are continuing.

WMC Resources Ltd - Panel Receives Application

The Takeovers Panel (Panel) advises that it has received an application dated 12 January 2005 from Xstrata Capital Holdings Pty Ltd (Xstrata Capital) in relation to its takeover offer for all the shares in WMC Resources Ltd (WMC). The terms of Xstrata Capital's offer are set out in the replacement bidder's statement dated 16 December 2004. WMC issued a target's statement dated 4 January 2005 in relation to Xstrata Capital's offer, which incorporated an independent expert's report.