The Panel advises that it has today received an application from Goodman Fielder Ltd (Goodman Fielder) in relation to the proposed takeover bid for Goodman Fielder by BPC1 Pty Ltd (Burns Philp) (a subsidiary of Burns, Philp & Company Ltd). The application seeks a declaration of unacceptable circumstances, interim orders restraining the dispatch of the Burns Philp bidder's statement until the Panel has finally determined the application, and final orders in relation to various conditions proposed to be in the Burns Philp bid.

The Panel advises that it has today accepted undertakings from Australian Liquor Marketers Pty Ltd (ALM) for further disclosure in its bidder's statement in relation to a takeover bid for S.A. Liquor Distributors Limited (SALD). On the basis of those undertakings the Panel has decided to decline to make any declaration of unacceptable circumstances. The application from SALD was received on 11 December 2002.

The Panel advises that it has made a decision in relation to the application by Anzoil NL for a review of the Panel's decision at first instance to make a declaration of unacceptable circumstances and orders in relation to the affairs of Anzoil. Anzoil made its application on the basis that the facts found by the Anzoil 01 Panel supported wider orders being made.

The Takeovers Panel advises that it has published the reasons for its decisions in relation to the second and third applications in relation to the Colonial First State Property Trust Group (Colonial).

Colonial 02

The application was made on 23 September 2002 and it sought urgent interim orders to restrain dispatch of the bidder's statement in Mirvac Funds Limited's takeover bid for the Colonial Funds.

The Panel considered the issues and on 23 September 2002 the Panel declined the application.

Colonial 03

The Panel advises that it has today accepted an undertaking from Australian Liquor Marketers Pty Ltd (ALM) to postpone the despatch of its bidder's statement in relation to its takeover bid for S.A. Liquor Distributors Limited (SALD) until 5pm on Friday, 20 December or the Panel proceedings in this matter have been finally determined, whichever is the earlier. On the basis of this undertaking, the Panel has decided not to make an interim order at this time restraining the despatch of ALM's bidder's statement.

The Takeovers Panel advises that it has published the reasons for its decision in relation to the application from Starmore Investments Pty. Ltd.

The application was made on 18 October 2002 and it sought a declaration of unacceptable circumstances and interim and final orders in relation to the acquisitions of approximately 16 million shares in Winepros Ltd. in the period 4 to 14 October 2002.

The shares were sold by previous significant shareholders in Winepros. The shares constituted approximately 32% of Winepros' issued shares.