Colonial First State Property Trust Group 03

These are our reasons for deciding not to make any declaration of unacceptable circumstances in response to an application by the Responsible Entity for the Colonial First State Property Trust Group in relation to Mirvac Funds Limited's takeover bid for the Colonial Funds. The Colonial Responsible Entity alleged that Mirvac was unable, under Mirvac's constitution, to offer or issue the stapled securities and options over those securities that it (Mirvac) was offering as consideration under its bid.

Panel Receives Application in Relation to S.A. Liquor Distributors Limited

The Panel advises that it has today received an application from S.A. Liquor Distributors Limited (SALD) in relation to a takeover bid for that company by Australian Liquor Marketers Pty Ltd (ALM). The application seeks a declaration of unacceptable circumstances and interim and final orders in relation to alleged deficiencies in ALM's bidder's statement and an alleged contravention of the equality of opportunity principle.

Decision In Relation to Anzoil NL

The Panel advises that it has decided to make a declaration of unacceptable circumstances in relation to an application received from Anzoil NL on 29 October 2002. The application sought a declaration of unacceptable circumstances and interim and final orders in relation to an alleged contravention by IGM Group Limited and Capersia Pte Ltd of section 606 of the Corporations Act (Act) and an alleged association with either or both of IMG and Capersia by another shareholder of Anzoil, Dormley Pty. Ltd.

The Panel has decided the following:

Application in Relation to Anzoil NL

The Panel advises that it has today received an application from Anzoil NL. The application seeks a declaration of unacceptable circumstances and interim and final orders in relation to an alleged contravention by IGM Group Limited and Capersia Pty Ltd of section 606 of the Corporations Act.

The concerns raised by Anzoil in its application include the following:

Application in Relation to Winepros

The Panel advises that on Friday, October 18, it received an application from Starmore Investments Pty. Ltd. The application seeks 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 and were sold via a number of crossings by various stockbrokers. The shares constitute approximately 32% of Winepros' issued shares.