Australian Government Takeovers Panel

Index of Reasons By Topic

2000-2014 Published 8 April 2015

Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

50 MEMBERS Careers Australia Group Limited [2012] ATP 5, [21] ABUSE OF PROCESS Village Roadshow Limited 02 [2004] ATP 12, [49]-[51] LV Living Limited [2005] ATP 5, [55]-[57] STI-Global Limited [2013] ATP 12, [56]-[58] Alternative remedies GoldLink IncomePlus Limited 04 [2009] ATP 2, [51]-[53] GoldLink IncomePlus Limited 04R [2009] ATP 3, [18] Review Bentley Capital Limited 01R [2011] ATP 13, [18]-[26] APPLICATION Adversarial approach Taipan Resources NL 07 [2000] ATP 18, [54]-[55] Taipan Resources NL 08 [2001] ATP 3, [43]

Anticipatory breach Taipan Resources NL 08 [2001] ATP 3, [19]

Collateral purpose Wollongong Coal Limited [2014] ATP 21, [38] Consent to withdraw Online Advantage Limited [2002] ATP 14, [50]-[52] Anzoil NL 02 [2002] ATP 21, [13]-[15], [20] SSH Medical Limited [2003] ATP 32, [32]-[37] Anaconda Nickel Limited 11 [2003] ATP 10 Patrick Corporation Limited 04 [2006] ATP 16, [44]-[45] GasNet Australia Limited [2006] ATP 22, [4] Tower Software Engineering Pty Limited 01 [2006] ATP 20, [98]-[99] Tower Software Engineering Pty Limited 02 [2006] ATP 26, [22]-[24] Aztec Resources Limited 02 [2006] ATP 30 Marathon Resources Limited [2006] ATP 31, [20]-[21] Magna Pacific (Holdings) Limited 03 [2007] ATP 08, [11] Austock Group Limited [2012] ATP 12, [22]-[24] Dampier Gold Limited [2014] ATP 10, [17]-[22] Circumstantial evidence Taipan Resources NL 09 [2001] ATP 4, [29] Delay in bringing Ashton Mining Limited [2000] ATP 9, [35]-[36] Alpha Healthcare Limited [2001] ATP 13, [84]-[86] Bigshop.com.au Limited [2001] ATP 20, [73]-[75] Agricultural Land Trust [2014] ATP 4, [29]-[31] Dragon Mining Limited [2014] ATP 5, [24]-[26] Northern Iron Limited [2014] ATP 11, [32]-[33] Aspen Parks Property Fund 01 & 02 [2014] ATP 19, [27]-[29] Form Minemakers Limited 02 [2012] ATP 13, [48]-[50] Extension of time to make application Brickworks Limited 01 [2000] ATP 6, [28]-[32] Advance Property Fund [2000] ATP 7, [22]-[30] St Barbara Mines Limited [2000] ATP 10, [20] Cresent Gold Limited [2004] ATP 28, [14]-[16] Austral Coal Limited 02 [2005] ATP 11, [45]-[51] Austral Coal Limited 03 [2005] ATP 14 Austral Coal Limited 02RR [2005] ATP 20, [30] Rinker Group Limited 02 [2007] ATP 17, [16] Touch Holdings Limited [2013] ATP 3, [29] Avalon Minerals Limited [2013] ATP 10, [18]-[19]

Evidence Taipan Resources NL 03 [2000] ATP 17, [80] Normandy Mining Limited 03 [2001] ATP 30, [57]-[60] Evidence - Panel executive Pinnacle VRB Limited 05 [2001] ATP 14, [57]-[60]

Matters falling outside application Pinnacle VRB Limited 09b [2001] ATP 26, [11] BreakFree Limited 03 and 04 [2003] ATP 38 and 39, [51]-[52] Coopers Brewery Limited 01 [2005] ATP 18, [25] Austock Group Limited [2012] ATP 12, [44]-[67] Minor issues Taipan Resources NL 10 [2001] ATP 5, [125]-[126]

Premature Coopers Brewery Limited 02 [2005] ATP 19, [19] Hastings Diversified Utilities Fund [2012] ATP 11, [21] Lantern Hotel Group [2014] ATP 6, [29] Argosy Minerals Limited [2014] ATP 7, [30] Related BreakFree Limited 03 and 04 [2003] ATP 38 and 39

Stood over/ Suspended Taipan Resources NL 04 [2000] ATP 16, [53] Taipan Resources NL 03 [2000] ATP 17, [96] Namakwa Diamond Company NL 01 [2001] ATP 8, [73] Australian Liquor Group Limited 02 [2001] ATP 19

1/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Timeliness of application Aurion Gold Limited [2002] ATP 13, [84]-[88] Colonial First State Property Trust Group 01 [2002] ATP 15, [146]-[148] PowerTel Limited 01 [2003] ATP 25, [28] Lachlan Farming Limited [2004] ATP 31, [38]-[43] LV Living Limited [2005] ATP 5, [120]-[121] Stericorp Limited [2005] ATP 9, [85]-[88] Austral Coal Limited 02 [2005] ATP 11, [220]-[221] Resource Pacific Holdings Limited [2007] ATP 26, [24]-[25] Leighton Holdings Limited 02R [2010] ATP 14, [8], [9] Viento Group Limited [2011] ATP 1, [152] Brockman Resources Limited [2011] ATP 3, [29]-[31] oOh!media Group Limited [2011] ATP 9, [20]-[25] Viento Group Limited 02 [2011] ATP 12, [22]-[23] Ludowici Limited [2012] ATP 3, [40]-[41] Knights Capital Group Limited [2012] ATP 22, [30]-[34] World Oil Resources Limited [2013] ATP 1, [21]-[23] Winpar Holdings Limited [2013] ATP 2, [31]-[32] Touch Holdings Limited [2013] ATP 3, [22]-[31] Gondwana Resources Limited 02R [2014] ATP 18, [12]-[14] Aspen Parks Property Fund 01 & 02 [2014] ATP 19, [27]-[29] ASIC Information to ASIC for relief aplication Australian Pipeline Trust 01R [2006] ATP 29, [96]-[101]

No collateral review Normandy Mining Limited 04 [2001] ATP 31, [44] Review of decision Infratil Australia Limited 01 [2000] ATP 2 Taipan Resources NL 05 [2000] ATP 14 Taipan Resources NL 06 [2000] ATP 15 Pinnacle VRB Limited 03 [2001] ATP 2, [19] Brisbane Broncos Limited 04 [2002] ATP 4 Pasminco Limited (Administrators Appointed) [2002] ATP 6 Colonial First State Property Trust Group 01 [2002] ATP 15 BreakFree Limited 02 [2003] ATP 30 National Can Industries Limited 01 [2003] ATP 35, [70]-[74] Prudential Inv Co of Aust Limited [2003] ATP 36 Anaconda Nickel Limited 02-05 [2003] ATP 4 Anaconda Nickel Limited 12 [2003] ATP 11 National Foods Limited 02 [2005] ATP 10 Australian Pipeline Trust 01 [2006] ATP 27, [31]-[62] Rinker Group Limited [2006] ATP 35, [93]-[120] Cape Lambert MinSec Pty Ltd [2009] ATP 12 Lion-Asia Resources Pte Ltd [2009] ATP 25 Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [37]-[39], [61]-[77] Role Taipan Resources NL 05 [2000] ATP 14, footnote 8 Taipan Resources NL 09 [2001] ATP 4, [28]-[33] Vincorp Wineries Ltd [2001] ATP 6, [34] Tigers Realm Coal Limited [2014] ATP 2, [95] Scope of ASIC modification power Pasminco Limited (Administrators Appointed) [2002] ATP 6, [89]-[92] National Foods Limited [2005] ATP 8, [72]-[76] Referral to ASIC STI-Global Limited [2013] ATP 12, [59]-[61] Gondwana Resources Limited [2014] ATP 9, 49] Scantech Limited [2014] ATP 20 , [46]

ASSOCIATION Appropriateness of orders Tower Software Engineering Pty Limited 01 [2006] ATP 20, [48]-[49] CMI Limited 01R [2011] ATP 5, [50] World Oil Resources Limited [2013] ATP 1, [226]-[235]

2/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Association not found St Barbara Mines Limited [2000] ATP 10, [11] Winepros Limited [2002] ATP 18, [44] Anaconda Nickel Limited 15 [2003] ATP 17, [90]-[98] Rivkin Financial Services Limited [2004] ATP 14, [17]-[20] Village Roadshow Limited [2004] ATP 4, [66]-[72] Austral Coal Limited 02RR [2005] ATP 20, [204]-[232] Coopers Brewery Limited 03R and 04R [2005] ATP 23 & 24, [43]-[49], [59]-[67] Bridgewater Lake Estate Limited [2006] ATP 3 Dromana Estate Limited [2006] ATP 4, [33]-[35] Dromana Estate Limited 01R [2006] ATP 8, [20]-[35] Sydney Gas Limited 02 [2006] ATP 18, [28],[60]-[62] Sedimentary Holdings Limited [2006] ATP 24, [23] Aztec Resources Limited [2006] ATP 28, [37]-[41] Gloucester Coal Limited 01R [2009] ATP 9, [31]-41] Bowen Energy Limited 02 [2009] ATP 16, [61]-[67] Bowen Energy Limited 02R [2009] ATP 19, [85]-[98] Brockman Resources Limited [2011] ATP 3, [141] Bentley Capital Limited [2011] ATP 8, [68] oOh!media Group Limited [2011] ATP 9 Viento Group Limited 02 [2011] ATP 12, [62] Altius Mining Limited [2012] ATP 17, [50]-[57] Touch Holdings Limited [2013] ATP 3, [38], [94]-[120] Tigers Realm Coal Limited [2014] ATP 2, [53]-[57] Gondwana Resources Limited [2014] ATP 9, [43]-[44] Gondwana Resources Limited 02 [2014] ATP 15, [48] Blackham Resources Limited [2014] ATP 16 Gondwana Resources Limited 02R [2014] ATP 18, [16] Celamin Holdings NL [2014] ATP 22, [58]-[60] Circumstantial evidence Gondwana Resources Limited 02R [2014] ATP 18, [26] Common directors Orion Telecommunications Limited [2006] ATP 23, [95]-[102] Azumah Resources Limited [2006] ATP 34, [61]-[63] Avalon Minerals Limited [2013] ATP 10, [55], [63] Tigers Realm Coal Limited [2014] ATP 2, [45]-[52] Gondwana Resources Limited 02R [2014] ATP 18, [24] Common investments and dealings Online Advantage Limited [2002] ATP 14 Anaconda Nickel Limited 16-17 [2003] ATP 15, [27] Orion Telecommunications Limited [2006] ATP 23, [107] Mount Gibson Iron Limited [2008] ATP 4, [94]-[98] DataDot Technology Limited [2009] ATP 13, [38]-[45] Mesa Minerals Limited [2010] ATP 4 Viento Group Limited [2011] ATP 1 Brockman Resources Limited [2011] ATP 3 CMI Limited [2011] ATP 4 CMI Limited 01R [2011] ATP 5, [22] Bentley Capital Limited 01R [2011] ATP 13, [68]-[82], [143]-[155], [178] World Oil Resources Limited [2013] ATP 1, [94]-[186] Avalon Minerals Limited [2013] ATP 10, [63]-[64] Dragon Mining Limited [2014] ATP 5, [40]-[43] Gondwana Resources Limited 02R [2014] ATP 18, [22]-[26] Common knowledge of relevant facts Orion Telecommunications Limited [2006] ATP 23, [98] Viento Group Limited [2011] ATP 1 CMI Limited 01R [2011] ATP 5, [22] World Oil Resources Limited [2013] ATP 1, [187]-190] Dragon Mining Limited [2014] ATP 5, [54]-[55] Decline to conduct Namakwa Diamond Company NL 01 [2001] ATP 8 Richfield Group Limited [2003] ATP 41 Pacific Magnesium Corporation Limited [2005] ATP 12 Austral Coal Limited 03 [2005] ATP 14, [24]-[26] Rusina Mining NL [2006] ATP 13, [41]-[42] Becker Group Limited 02 [2007] ATP 15, [13] GoldLink IncomePlus Limited [2008] ATP 5, [19]-[20] BigAir Group Limited [2008] ATP 12, [18] Midwest Corporation Limited [2008] ATP 15, [38]-[41] Boulder Steel Limited [2008] ATP 24, [22] Regis Resources Limited [2009] ATP 7, [16] TheChairman1 Pty Ltd and Guildford Coal Limited [2010] ATP 10 Vesture Limited 02 [2010] ATP 15, [46]-[48] CMI Ltd 01R [2011] ATP 5, [48]-[50] ComOps Limited [2011] ATP 7 Bentley Capital Limited [2011] ATP 8, [35] Crescent Gold Limited 02 [2011] ATP 14, [48] MacarthurCook Property Securities Fund 02 [2012] ATP 7, [82]-[83] Winpar Holdings Limited [2013] ATP 2, [25] Agricultural Land Trust [2014] ATP 4, [18]-[28] Dragon Mining Limited [2014] ATP 5, [27]-[57] Gondwana Resources Limited 02R [2014] ATP 18, [16] Scantech Limited [2014] ATP 20, [45]-[47] Celamin Holdings NL 01R [2014] ATP 23, [21]-[24]

3/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Disclosure in substantial holder notice Austar United Communications Limited [2003] ATP 16, [47] Grand Hotel Group Limited [2003] ATP 34, [41]-[43]

Effect of agreement Isis Communications Limited [2002] ATP 10, [65]-[72] Anzoil NL 01 [2002] ATP 19, [43]-[48] Anzoil NL 02 [2002] ATP 21 Trysoft Corporation Limited [2003] ATP 26, [36]-[37] Anaconda Nickel Limited 18 [2003] ATP 18 National Foods Limited [2005] ATP 8, [52]-[65] Austral Coal Limited 02 [2005] ATP 11, [228]-[242] Touch Holdings Limited [2013] ATP 3, [61]-[93] Tigers Realm Coal Limited [2014] ATP 2, [31]-[44] Scantech Limited [2014] ATP 20, [40] Celamin Holdings NL [2014] ATP 22, [58]-[60] Family links LV Living Limited [2005] ATP 5, [70]-[72] Viento Group Limited [2011] ATP 1 CMI Limited [2011] ATP 4, [44] CMI Limited 01R [2011] ATP 5, [22] Bentley Capital Limited 01R [2011] ATP 13, [45]-[53], [54] World Oil Resources Limited [2013] ATP 1, [77]-[90] Avalon Minerals Limited [2013] ATP 10, [63]-[64] Ambassador Oil & Gas Limited [2014] ATP 14, [33]-[36] Hurdle Namakwa Diamond Company NL 01 [2001] ATP 8, [70]-[73] Winepros Limited [2002] ATP 18, [27]-[28] Anaconda Nickel Limited 19 [2003] ATP 20, [59]-[60], [79] Mount Gibson Iron Limited [2008] ATP 4 Viento Group Limited [2011] ATP 1, [26] Brockman Resources Limited [2011] ATP 3, [32]-[39] CMI Limited 01R [2011] ATP 5, [46] ComOps Limited [2011] ATP 7, [24]-[27] Touch Holdings Limited [2013] ATP 3, [19]-[21] Dragon Mining Limited [2014] ATP 5, [56]-[60] Blackham Resources Limited [2014] ATP 16, [26] Scantech Limited [2014] ATP 20, [43]

Inferences Namakwa Diamond Company NL 01 [2001] ATP 8, [56]-[66] Online Advantage Limited [2002] ATP 14 Winepros Limited [2002] ATP 18, [25] Orion Telecommunications Limited [2006] ATP 23, [109]-[110]

Limits of discussions Winepros Limited [2002] ATP 18, [31] PowerTel Limited 03 [2003] ATP 28, [30]

Prior collaborative conduct Mount Gibson Iron Limited [2008] ATP 4, [70]-[77] Mesa Minerals Limited [2010] ATP 4 Viento Group Limited [2011] ATP 1 World Oil Resources Limited [2013] ATP 1, [76] Dragon Mining Limited [2014] ATP 5, [44]-[48] Relevant agreement Isis Communications Limited [2002] ATP 10 Online Advantage Limited [2002] ATP 14, [41] Anzoil NL 01 [2002] ATP 19, [43]-[48] Aliquot Asset Management Limited [2003] ATP 19 Touch Holdings Limited [2013] ATP 3, [61]-[93] STI-Global Limited [2013] ATP 12 Tigers Realm Coal Limited [2014] ATP 2, [31]-[44], [58]-[68] Agricultural Land Trust [2014] ATP 4, [23]-[28] Blackham Resources Limited [2014] ATP 16, [35]-[52] Shared goal or purpose LV Living Limited [2005] ATP 5, [80]-[86] Bridgewater Lake Estate Ltd [2006] ATP 3, [100] Orion Telecommunications Limited [2006] ATP 23, [111]-[112] Azumah Resources Limited [2006] ATP 34, [68]-[73] Mount Gibson Iron Limited [2008] ATP 4, [49]-[69] Mesa Minerals Limited [2010] ATP 4 Viento Group Ltd [2011] ATP 1 CMI Ltd 01R [2011] ATP 5, [22] Bentley Capital Limited 01R [2011] ATP 13, [96]-[139] World Oil Resources Limited [2013] ATP 1, [71]-[75] Avalon Minerals Limited [2013] ATP 10, [72], [89] Dragon Mining Limited [2014] ATP 5, [49]-[53] Ambassador Oil & Gas Limited [2014] ATP 14, [59]-[60] Blackham Resources Limited [2014] ATP 16, [53]-[61] Statement of agreed facts Orion Telecommunications Limited [2006] ATP 23, [7]-[8]

Statements denying association Winepros Limited [2002] ATP 18, [24] Anaconda Nickel Limited 16-17 [2003] ATP 15, [46]

Orion Telecommunications Limited [2006] ATP 23, [7]

4/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Structural links Azumah Resources Limited [2006] ATP 34, [57]-[60] Mount Gibson Iron Limited [2008] ATP 4, [78]-[93] Mesa Minerals Limited [2010] ATP 4 Viento Group Limited [2011] ATP 1 CMI Limited [2011] ATP 4, [103]-[107] CMI Limited 01R [2011] ATP 5, [22] Bentley Capital Limited 01R [2011] ATP 13, [57]-[64] Avalon Minerals Limited [2013] ATP 10, [63]-[64] Dragon Mining Limited [2014] ATP 5, [37]-[39] Technical association / scope of definition Isis Communications Limited [2002] ATP 10, [74] LV Living Limited [2005] ATP 5, [73]-[78] National Foods Limited [2005] ATP 8, [58] Austral Coal Limited 02 [2005] ATP 11, [235]-[237] Celamin Holdings NL [2014] ATP 22, [58]-[60] Uncommercial dealings Bridgewater Lake Estate Ltd [2006] ATP 3, [100], [107]-[111] Mesa Minerals Limited [2010] ATP 4 Viento Group Ltd [2011] ATP 1 CMI Ltd [2011] ATP 4 CMI Ltd 01R [2011] ATP 5, [22] World Oil Resources Limited [2013] ATP 1, [191]-202] Touch Holdings Limited [2013] ATP 3, [146]-[157] (minority) Dragon Mining Limited [2014] ATP 5, [34]-[36] ASX Business Rules Pinnacle VRB Limited 11 [2001] ATP 23, [52]-[53], [56]

Listing Rules Trysoft Corporation Limited [2003] ATP 26, [22]-[23], [72]-[74] Stericorp Limited [2005] ATP 9, [89]-[90] Sydney Gas Limited [2006] ATP 6, [52]-[53] Bowen Energy Limited [2007] ATP 22, [20]-[23] LinQ Resources Fund [2012] ATP 21, [32] Argosy Minerals Limited [2014] ATP 7, [32] Market Rules Vision Systems Limited 01 [2006] ATP 32, [34]-[35] Quotation Pinnacle VRB Limited 09b [2001] ATP 26, [16]-[52] Review of decision Multiplex Prime Property Fund 03R [2009] ATP 23, [12], [14]

Role Vincorp Wineries Ltd [2001] ATP 6, [34]

BID All shares held Brickworks Limited 02 [2000] ATP 8, [65]-[66]

Abridgement for dispatch Infratil Australia Limited 01 [2000] ATP 2, [22]-[27] Taipan Resources NL 08 [2001] ATP 3, [30]-[39]

Buy-back, in effect PaperlinX SPS Trust [2014] ATP 1, [35]-[41]

Contingent shareholders Taipan Resources NL 07 [2000] ATP 18, [25]-[37]

Coercive PaperlinX SPS Trust [2014] ATP 1, [22]-[30]

Delay withdrawing proposal BreakFree Limited 03 and 04 [2003] ATP 38 and 39, [96], [106]

Market trading Taipan Resources NL 07 [2000] ATP 18, [38]-[42] Mistaken acceptances Pinnacle VRB Limited 10 [2001] ATP 21 Pinnacle VRB Limited 11 [2001] ATP 23, [49]-[51] Not proceeding Selwyn Mines Limited [2003] ATP 33, [35]-[37] On-market purchasing Taipan Resources NL 07 [2000] ATP 18, [43]-[48] Pinnacle VRB Limited 03 [2001] ATP 2, [21]-[28] Taipan Resources NL 09 [2001] ATP 4, [16] Taipan Resources NL 10 [2001] ATP 5, [11]-[12] Anaconda Nickel Limited 19 [2003] ATP 20, [65]-[70]

Order not to proceed Brisbane Broncos Limited 03 [2002] ATP 3, [56] Cobra Resources Limited [2003] ATP 23, [66]-[71]

Pre-bid agreement Sirtex Medical Limited [2003] ATP 22, [61]-[64] Ambassador Oil & Gas Limited [2014] ATP 14, [53]-[58] Shareholder activism Anaconda Nickel Limited 19 [2003] ATP 20, [83]

5/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Tactical timing Equity-1 Resources NL [2002] ATP 20, [18] Withdrawn Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [8], [67]-[68] Brisbane Broncos Limited 03 [2002] ATP 3, [74]-[79] Colonial First State Property Trust Group 03 [2002] ATP 17, [42] SSH Medical Limited [2003] ATP 32, [23] Dampier Gold Limited [2014] ATP 10, [19] BID CONDITIONS Cross bid condition Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [23]-[26] Brisbane Broncos Limited 03 [2002] ATP 3, [17], [70]-[73], [102]-[108], [138], [141]

Discretion to waive Prudential Inv Co of Aust Limited [2003] ATP 36, [71]-[79], [92] Anaconda Nickel Limited 02-05 [2003] ATP 4, [158]-[160] Novus Petroleum Limited [2004] ATP 2, [34]-[46] Dividends Wattyl Limited [2006] ATP 11, [85]-[89] Envestra Limited [2014] ATP 13 Due diligence Volante Group Limited [2006] ATP 2, [28]-[32] Escalator GoldLink IncomePlus Limited 02 [2008] ATP 19, [5], [11]-[13]

Frustrating action Bigshop.com.au Limited [2001] ATP 20, [54]-[58] Hair trigger Southcorp Limited [2005] ATP 4, [121]-[125] Austock Group Limited [2012] ATP 12, [38]-[39], [41] Imposition on target Goodman Fielder Limited 01 [2003] ATP 1, [63]-[70] Anaconda Nickel Limited 02-05 [2003] ATP 4, [154]-[156]

Joint bid Prudential Inv Co of Aust Limited [2003] ATP 36, [23]-[24]

Likelihood of satisfaction Brickworks Limited 02 [2000] ATP 8, [51]-[53] SA Liquor Distributors Limited [2002] ATP 22, [14]

Listing / quotation Premium Income Fund [2011] ATP 10, [33]-[45] Market bid Gosford Quarry Holdings Limited [2008] ATP 11, [34]-[37] Material adverse change / event GoldLink Income Plus Limited 03 [2008] ATP 21, [37]-[39] NGM Resources Limited [2010] ATP 11 Not in announcement SSH Medical Limited [2003] ATP 32, [17], [46]-[50] Novelty Brisbane Broncos Limited 03 [2002] ATP 3, [7], [136], [143] Goodman Fielder Limited 01 [2003] ATP 1, [35]

Panel imposed Alinta Limited 01 [2006] ATP 15 Release of standstill International All Sports Limited [2009] ATP 4, [38], [39] Shareholder approval Careers Australia Group Limited 02 [2013] ATP 5 Treasury units - acceptance LinQ Resources Fund [2012] ATP 21, [19] Turning on bidder's opinion Brickworks Limited 02 [2000] ATP 8, [46]-[50] Brisbane Broncos Limited 03 [2002] ATP 3, [138]-[139] Anaconda Nickel Limited 06-07 [2003] ATP 6, [34]-[38] DoloMatrix International Limited [2008] ATP 10, [16]-[18] NGM Resources Limited [2010] ATP 11, [16]-[30] Unclear/uncertain conditions Brisbane Broncos Limited 03 [2002] ATP 3, [47]-[49] SA Liquor Distributors Limited [2002] ATP 22, [18]-[23] Goodman Fielder Limited 01 [2003] ATP 1, [40]-[43], [71]-[79] Skywest Limited [2004] ATP 10, [34]-[38] Variation to announcement Realestate.com.au Limited [2001] ATP 1 Skywest Limited [2004] ATP 10, [40]-[59] Volante Group Limited [2006] ATP 2, [23]-[27] InterMet Resources Limited [2008] ATP 17, [27]-[31] BID CONSIDERATION See Consideration

6/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

BIDDER'S STATEMENT DISCLOSURE

Auditor change Ambassador Oil & Gas Limited 02 [2014] ATP 17, [27] Bid Implementation Agreement Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [71]-[73]

Bidder's management expertise ALH Group Limited [2004] ATP 19, [25]-[30] Benefits of the bid/synergies ALH Group Limited [2004] ATP 19, [19] Brokers' reports Southcorp Limited [2005] ATP 4, [88]-[109] Ambassador Oil & Gas Limited 02 [2014] ATP 17, [24]-[26] Collateral benefits SA Liquor Distributors Limited [2002] ATP 22, 34]-[42] Becker Group Limited 02 [2007] ATP 15, [10]-[12] Confidential information Skywest Limited 03 [2004] ATP 17, [60] Keybridge Capital Limited [2013] ATP 17, [17] Consent to include statement Ashton Mining Limited [2000] ATP 9, [[32]-[34] BreakFree Limited 03 and 04 [2003] ATP 38 and 39 Volante Group Limited [2006] ATP 2, [19]-[22] Sydney Gas Limited [2006] ATP 9, [87]-[88] Bullabulling Gold Limited [2014] ATP 8, [46-[47] Continuous disclosure Infratil Australia Limited 02 [2000] ATP 1, [50]-[52] PaperlinX SPS Trust [2014] ATP 1, [31]-[34] Dispatch Email Limited 03 [2000] ATP 5, [23] Ashton Mining Limited [2000] ATP 9, [9] Alpha Healthcare Limited [2001] ATP 13, [77]-[81] SA Liquor Distributors Limited [2002] ATP 22, [8] BreakFree Limited 02 [2003] ATP 30, [34]-[38] Golden West Resources Limited 01 [2007] ATP 31, [11], [28]-[33] Dividend policy ALH Group Limited [2004] ATP 19, [31]-[35] Effect of bid succeeding Brickworks Limited 02 [2000] ATP 8, [25]-[32] Dampier Gold Limited [2014] ATP 10, [12]-[16] Emotive language Magna Pacific (Holdings) Limited [2007] ATP 2, [36], [39] Expert report - disclosure in bidder's statement Email Limited 03 [2000] ATP 5, [33] Novus Petroleum Limited [2004] ATP 2, [48]-[53] Financial information Taipan Resources NL 11 [2001] ATP 16, [19], [49]-[63] Volante Group Limited [2006] ATP 2, [16]-[18] Sydney Gas Limited [2006] ATP 9, [79]-[82] Magna Pacific (Holdings) Limited [2007] ATP 2, [40]-[42] DoloMatrix International Limited [2008] ATP 10, [14]-[15] InterMet Resources Limited [2008] ATP 17, [26] Perilya Limited [2008] ATP 28, [15]-[21] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [74]-[75] Minemakers Limited [2012] ATP 8, [48] Foreign bidder - whether registration as a foreign company is necessary Pinnacle VRB Limited 04 [2001] ATP 7, [78]-[80] Skywest Limited [2004] ATP 10, [94]-[98] Forward looking statements Taipan Resources NL 10 [2001] ATP 5, [45]-[61] Vincorp Wineries Ltd [2001] ATP 6, [43]-[54] Namakwa Diamond Company NL 02 [2001] ATP 9, [8]-[16] Taipan Resources NL 11 [2001] ATP 16, [58] SA Liquor Distributors Limited [2002] ATP 22, [28]-[33] Sydney Gas Limited [2006] ATP 9, [64]-[73] Wattyl Limited [2006] ATP 11, [59]-62] Aztec Resources Limited [2006] ATP 28, [47]-[59] Magna Pacific (Holdings) Limited [2007] ATP 02, [40]-[42] Midwest Corporation Limited [2007] ATP 33, [1], [16]-[17] Funding Taipan Resources NL 03 [2000] ATP 17, [40]-[45], [58] Taipan Resources NL 10 [2001] ATP 5, [7]-[9], [33]-34] Pinnacle VRB Limited 04 [2001] ATP 7, [70]-[74] Taipan Resources NL 11 [2001] ATP 16, [36]-[48] Goodman Fielder Limited 01 [2003] ATP 1, [40]-[49] Goodman Fielder Limited 03 [2003] ATP 14 Skywest Limited [2004] ATP 10, [80]-[83] Consolidated Minerals Limited 03R [2007] ATP 28, [34] Indophil Resources NL [2008] ATP 18, [11]-[20] GoldLink Income Plus Limited 03 [2008] ATP 21, [12]-[15], [16]-[20] Minemakers Limited [2012] ATP 8, [21]-[27]

7/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Funding/refinancing of target debt Novus Petroleum Limited [2004] ATP 2, [31]-[33] Headline valuation Gasnet Australia Limited [2006] ATP 22, [22] Identity Firestone Energy Limited [2013] ATP 4, [62]-[78] Information misappropriated from the target Skywest Limited 03 [2004] ATP 17, [48]-[63] Skywest Limited 03R [2004] ATP 20, [37]-[50] Insufficient disclosure Infratil Australia Limited 02 [2000] ATP 1, [35], [45]-[46] Infratil Australia Limited 01 [2000] ATP 2 Email Limited 03 [2000] ATP 5, [95]-[98] Brickworks Limited 02 [2000] ATP 8, [14]-[17] Vincorp Wineries Ltd [2001] ATP 6, [35]-[42] Pinnacle VRB Limited 04 [2001] ATP 7, [75]-[77] EPHS Limited [2002] ATP 12, [13]-[15] SA Liquor Distributors Limited [2002] ATP 22, [44]-[49] AMP Shopping Centre Trust 01 [2003] ATP 21, [59] Sirtex Medical Limited [2003] ATP 22, [52] Cobra Resources Limited [2003] ATP 23 National Foods Limited [2005] ATP 8 Wattyl Limited [2006] ATP 11, [47]-[48], [54]-[58] Alinta Limited 02 [2006] ATP 14 Alinta Limited 01 [2006] ATP 15, [47], [107]-[109] Alinta Limited 01R [2006] ATP 19, [37] Gasnet Australia Limited [2006] ATP 22 Nexus Energy Limited [2006] ATP 25, [32]-[35] Rinker Group Limited [2006] ATP 35, [49]-[92] Golden West Resources Limited 01 [2007] ATP 31, [12]-[27] MYOB Limited [2008] ATP 27, [43] Bowen Energy Limited 02 [2009] ATP 16, [57]-[60] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [65]-[73] Bowen Energy Limited 02R [2009] ATP 19, [100] Hastings Diversified Utilities Fund [2012] ATP 1, [38], [46] Minemakers Limited [2012] ATP 8, [30], [56], [60]-[61] Firestone Energy Limited [2013] ATP 4, [62]-[82] Keybridge Capital Limited [2013] ATP 17 Ambassador Oil & Gas Limited 02 [2014] ATP 17

Insufficient remedy AMP Shopping Centre Trust 01 [2003] ATP 21, [39]-[43] Intentions Brickworks Limited 02 [2000] ATP 8, [70]-[72] Taipan Resources NL 03 [2000] ATP 17, [59]-[71] Taipan Resources NL 10 [2001] ATP 5, [62]-[67] Vincorp Wineries Ltd [2001] ATP 6, [55]-[59] Alpha Healthcare Limited [2001] ATP 13, [72]-[76] SA Liquor Distributors Limited [2002] ATP 22, [24]-[27] Anaconda Nickel Limited 02-05 [2003] ATP 4, [147]-[149] Skywest Limited [2004] ATP 10, [84]-[86] Mildura Co-operative Fruit Company Limited [2004] ATP 5, [82]-[97] ALH Group Limited [2004] ATP 19, [14]-[24] Southcorp Limited [2005] ATP 4, [117]-[120] National Foods Limited [2005] ATP 8, [39]-[42] GoldLink Income Plus Limited 03 [2008] ATP 21, [21]-[24], [30]-[36] Just Group Limited [2008] ATP 22, [18]-[30] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [76]-[79] Keybridge Capital Limited [2013] ATP 17, [22]-[26] Litigation - effect on bidder or target Pacific Energy Limited [2004] ATP 23, [16]-[17] Misleading statements Brickworks Limited 02 [2000] ATP 8, [73]-[75] Ashton Mining Limited [2000] ATP 9, [13]-[21] Normandy Mining Limited 07 [2002] ATP 2, [23]-[24] Skywest Limited [2004] ATP 10, [87]-[93] General Property Trust [2004] ATP 30 Sydney Gas Limited [2006] ATP 9, [38]-[63], [74]-[78] Qantas Airways Limited [2007] ATP 1, [19]-[49] Magna Pacific (Holdings) Limited [2007] ATP 2, [22]-[23], [31] Midwest Corporation Limited [2007] ATP 33, [37]-[38] Programmed Maintenance Services Limited [2008] ATP 7, [22]-25] DoloMatrix International Limited [2008] ATP 10, [14]-[15] InterMet Resources Limited [2008] ATP 17, [17]-[21] Just Group Limited [2008] ATP 22, [13]-[17] Perilya Limited [2008] ATP 28, [23]-[28] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [80]-[82] NewSat Limited [2009] ATP 20, [11], [16], [27] Premium Income Fund [2011] ATP 10 Hastings Diversified Utilities Fund [2012] ATP 1, [28]-[31] Bullabulling Gold Limited [2014] ATP 8, [43]-[52] Negotiations Taipan Resources NL 07 [2000] ATP 18, [21]-[22] Aztec Resources Limited [2006] ATP 28, [42]-[46]

8/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Premium Namakwa Diamond Company NL 02 [2001] ATP 9, [27] General Property Trust [2004] ATP 30, [56]-[62] Magna Pacific (Holdings) Limited [2007] ATP 2, [43]-[48] Becker Group Limited [2007] ATP 13, [95]-[97] Golden West Resources Limited 01 [2007] ATP 31, [34] Tranzact Financial Services Limited [2014] ATP 3, [21]-[25] Dampier Gold Limited [2014] ATP 10, [13] Principles regarding disclosure Email Limited 01 [2000] ATP 3, [33] ALH Group Limited [2004] ATP 19, [11]-[12] Production targets Ashton Mining Limited [2000] ATP 9, [27]-[31] Midwest Corporation Limited [2007] ATP 33, [44]-[45] Profit projections Infratil Australia Limited 02 [2000] ATP 1, [30]-[35]

Prospects Infratil Australia Limited 02 [2000] ATP 1, [31]-[33], [60] Dampier Gold Limited [2014] ATP 10, [14] Proxies by accepting shareholders Sydney Gas Limited 01 [2006] ATP 9, [83]-[86] Replacement bidder's statement Bigshop.com.au Limited 03 [2001] ATP 22, [9] EPHS Limited [2002] ATP 12, [17]

Reserves Vincorp Wineries Limited [2001] ATP 6, 55]-[59] Ambassador Oil & Gas Limited 02 [2014] ATP 17, [19]-[23] Resolved between parties Alpha Healthcare Limited [2001] ATP 13, [67]-[71] SEC filings Ambassador Oil & Gas Limited 02 [2014] ATP 17, [27] Securities on issue Ambassador Oil & Gas Limited 02 [2014] ATP 17, [27] Supplementary vs replacement Alpha Healthcare Limited [2001] ATP 13, [87] General Property Trust [2004] ATP 30, [79]-[82] Sydney Gas Limited 01 [2006] ATP 9, [25]-[37] Hastings Diversified Utilities Fund [2012] ATP 1, [50]-[52] Supplementary bidder's statement - in colour? General Property Trust [2004] ATP 30, [83]-[84] Supplementary bidder's statement issued Alinta Limited 02 [2006] ATP 14, [87] Patrick Corporation Limited 04 [2006] ATP 16 Gasnet Australia Limited [2006] ATP 22, [23] Ambassador Oil & Gas Limited 02 [2014] ATP 17, [14], [28] Tax issues Infratil Australia Limited 02 [2000] ATP 1, [56]-[58] Brickworks Limited 02 [2000] ATP 8, [33]

Telephone canvassing Aurion Gold Limited [2002] ATP 13, [68]-[71]

Totality of disclosure Sedimentary Holdings Limited [2006] ATP 24, [31] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [83]-[84] Updated disclosure - whether required Austral Coal Limited [2005] ATP 11 Valuation Email Limited 03 [2000] ATP 5, [119]-[120] National Foods Limited [2006] ATP 8 Value of bid General Property Trust [2004] ATP 30, [50]-[55], [63]-[73]

Vis-à-vis prospectus disclosure Infratil Australia Limited 02 [2000] ATP 1, [36]-[55] Email Limited 03 [2000] ATP 5, [99]-[116] AMP Shopping Centre Trust 01 [2003] ATP 21, [46]-[48] Vis-a-vis target's statement disclosure International All Sports Limited 01R [2009] ATP 5, [15]-[18] Wrap information Southcorp Limited [2005] ATP 4, [45]-[87], [110]-[116] BID TERMS

Market forces Anaconda Nickel Limited 19 [2003] ATP 20, [43]-[44]

Variation Australian Liquor Group Limited 01 [2001] ATP 18, [24], [29]-[31]

Voting Skywest Limited 02 [2004] ATP 11 BOARD See Directors

BOARD SPILL See Directors

9/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

BREAK FEES See Deal protection mechanisms

BROKERS Aggregated valuation Aurion Gold Limited [2002] ATP 13, [79]-[83]

Disclosure in a letter Ranger Minerals Limited [2002] ATP 11

Handling fees Normandy Mining Limited 05 [2001] ATP 29, [24]-[25] Aurion Gold Limited [2002] ATP 13, [29], [43], 58]-[65]

BUY BACKS Acquisition of a substantial interest Village Roadshow Limited 02 [2004] ATP 12, [27]-[29] Coopers Brewery Limited 03 [2005] ATP 22, [95]-[101] Lantern Hotel Group [2014] ATP 6 Bid, effectively a buy-back PaperlinX SPS Trust [2014] ATP 1, [35]-[41]

Compliance with related party provisions Village Roadshow Limited 03 [2004] ATP 22, [51] Control effect Village Roadshow Limited 02 [2004] ATP 12, [30]-[40] Coopers Brewery Limited 03 [2005] ATP 22, [75]-[94] Lantern Hotel Group [2014] ATP 6, [24]-[29] Disclosure Village Roadshow Limited 02 [2004] ATP 12, [60]-[71] Village Roadshow Limited 03 [2004] ATP 22, [18]-[24], [29]-[33] Coopers Brewery Limited 03 [2005] ATP 22, [27]-[44] Independent expert report - whether required

Village Roadshow Limited 03 [2004] ATP 22, [25]-[28] Jurisdiction Village Roadshow Limited 02 [2004] ATP 12, [41]-[47] Rights issue following Phosphate Resources Limited [2003] ATP 3

Scope of exception Village Roadshow Limited 02 [2004] ATP 12, [53]-[55] Unacceptable buy-back - principles Village Roadshow Limited 02 [2004] ATP 12, [52]-[76] Village Roadshow Limited 03 [2004] ATP 22, [52]-[54] Voting exclusion - whether required Village Roadshow Limited 03 [2004] ATP 22, [34]-[50] Lantern Hotel Group [2014] ATP 6, [24]-[29]

CAPITAL RAISING See Initial public offering See Placement See Rights issues

CASH CONSIDERATION See Consideration

COERCIVE EFFECT Sirtex Medical Limited [2003] ATP 22, [53]-[56] Sedimentary Holdings Limited [2006] ATP 24, [25]-[28] Consolidated Minerals Limited 02 [2007] ATP 21, [26]-[27] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [26]-[64] Keybridge Capital Limited [2013] ATP 17, [31]-[33] Litigation between bidder and target - potential coercive effect Pacific Energy Limited [2004] ATP 23, [18]-[29] COLLATERAL BENEFIT Advance Property Fund [2000] ATP 7, [42]-[51] Taipan Resources NL 10 [2001] ATP 5, [86]-[90] Alpha Healthcare Limited [2001] ATP 13, [32], [46]-[50], [56]-[63] Normandy Mining Limited 05 [2001] ATP 29, [26] Normandy Mining Limited 04 [2001] ATP 31, [9]-[34] Normandy Mining Limited 06 [2001] ATP 32, [13]-[18] SA Liquor Distributors Limited [2002] ATP 22, [35]-[43] PowerTel Limited 03 [2003] ATP 28 National Can Industries Limited 01 [2003] ATP 35, [32] Forest Place Group Limited [2004] ATP 3 Skywest Limited 04 [2004] ATP 26 Austral Coal Limited 03 [2005] ATP 14, [27]-[28] Citect Corporation Limited [2006] ATP 6, [34]-[65], [77]-[79] Patrick Corporation Limited 03 [2006] ATP 12, [5] Gosford Quarry Holdings Limited [2008] ATP 11, [44] Firestone Energy Limited [2013] ATP 4, [50]-[61] RHG Limited [2013] ATP 10, [26]-[30]

Net benefit approach PowerTel Limited 03 [2003] ATP 28, [43]-[54]

Tax benefits Normandy Mining Limited 04 [2001] ATP 31, 39]-[40]

Removing detriment is not a benefit PowerTel Limited 03 [2003] ATP 28, [24]-[28]

10/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

COMPETING BIDS Timing of announcement of competiting bidder's position ALH Limited 03 [2004] ATP 25, [64]-[73] Superior proposal Ambassador Oil & Gas Limited [2014] ATP 14, [74]-[76] COMPULSORY ACQUISITION Brickworks Limited 02 [2000] ATP 8, [59]-[64] Prudential Inv Co of Aust Limited [2003] ATP 36, [84]-[86] Gosford Quarry Holdings Limited [2008] ATP 11 Careers Australia Group Limited [2013] ATP 5, [42]-[45] Yancoal Australia Limited [2014] ATP 24, [45]-[54], [86]-[87] CONDITIONS See Bid conditions

CONDUCT PROCEEDINGS Conduct proceedings discussed

Alinta Limited 02 [2006] ATP 14, [75]-[76] Tower Software Engineering Pty Limited 01 [2006] ATP 20, [19] The President's Club Limited [2012] ATP 10, [38]-[53] Touch Holdings Limited [2013] ATP 3, [20]-[21] Decline to conduct proceedings discussed Pinnacle VRB Limited 07 [2001] ATP 10, [4] Focus Technologies Limited [2002] ATP 8, [32] Equity-1 Resources NL [2002] ATP 20, [17]-[22] Selwyn Mines Limited [2003] ATP 33, [38] Patrick Corporation Limited 02 [2006] ATP 10 Wattyl Limited [2006] ATP 11 Nexus Energy Limited [2006] ATP 17, [28]-[34] Sydney Gas Limited 02 [2006] ATP 18, [55]-[68] Andean Resources Limited [2006] ATP 21, [19] Sedimentary Holdings Limited [2006] ATP 24, [32] Vision Systems Limited 01 [2006] ATP 32 Vision Systems Limited 02 [2006] ATP 33, [24] Magna Pacific (Holdings) Limited 02 [2007] ATP 3, [34] Queensland Cotton Holdings Limited [2007] ATP 5, [42] Qantas Airways Limited 02 [2007] ATP 6, [5], [29]-[30] Qantas Airways Limited 02R [2007] ATP 7, [59] Magna Pacific (Holdings) Limited 04 [2007] ATP 10, [25] Accent Resources Limited [2007] ATP 14, [23] Becker Group Limited 02 [2007] ATP 15, [13]-[14] Magna Pacific (Holdings) Limited 05 [2007] ATP 16, [11]-[14] Golden Circle Limited 02 [2007] ATP 24, [15]-[18] Financial Resources Limited [2007] ATP 27, [48] Golden West Resources Limited 01 [2007] ATP 31, [1], [13], [33] GoldLink IncomePlus Limited [2008] ATP 5, [19]-[20] BioProspect Limited 02 [2008] ATP 6, [19]-[23] DoloMatrix International Limited [2008] ATP 10, [13] BigAir Group Limited [2008] ATP 12, [17]-[18] Perilya Limited 02 [2009] ATP 1, [15]-[16], [37]-[39] Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [63] Leighton Holdings Limited 02R [2010] ATP 14, [23]-[26] ComOps Limited [2011] ATP 7 RCL Group Limited [2012] ATP 2, [25] MacarthurCook Property Securities Fund 02 [2012] ATP 7, [85]-[86] Hastings Diversified Utilities Fund 02 [2012] ATP 11, [28] Minemakers Limited 02 [2012] ATP 13, [46] Knights Capital Group Limited [2012] ATP 22, [35] Moreton Resources Limited [2013] ATP 14, [21]-[23]

Disclosure made PowerTel Limited 01 [2003] ATP 25, [26], [30] No suitable remedy Regis Resources Limited [2009] ATP 7, [24]-[27] RHG Limited [2013] ATP 10, [40]-[41] Sherwin Iron Limited [2014] ATP 12, [36] Celamin Holdings NL 01R [2014] ATP 23, [25] Other forums available Regis Resources Limited [2009] ATP 7, [30] Hastings Rare Metals Limited [2013] ATP 13, [18]

Part only of application PowerTel Limited 02 [2003] ATP 28, [22] BreakFree Limited 01 [2003] ATP 29, [16] Preliminary questions to parties Aliquot Asset Management Limited [2003] ATP 19, [16] Touch Holdings Limited [2013] ATP 3, [21] Question of law referral Email Limited 01 [2000] ATP 3, [14]-[26] Colonial First State Property Trust Group 03 [2002] ATP 17, [7]-[9] AMP Shopping Centre Trust 01 [2003] ATP 21, [96]-[99] Alinta Limited 02 [2006] ATP 14, [23]-[29] Remedied circumstances Grand Hotel Group Limited [2003] ATP 34, [6] Programmed Maintenance Services Limited [2008] ATP 7, [26]-[28] DoloMatrix International Limited [2008] ATP 10, [20] Careers Australia Group Limited 02 [2013] ATP 5, [41]

11/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Timeliness BreakFree Limited 02 [2003] ATP 30, [43] International All Sports Limited 01R [2009] ATP 5, [12]-[14] Regis Resources Limited [2009] ATP 7, [31]-[32] Blue Energy Limited [2009] ATP 15, [21]-[35] Multiplex Prime Property Fund 04 [2009] ATP 21, [24]-[31] Multiplex Prime Property Fund 03R [2009] ATP 23, [19] Lion-Asia Resources Pte Ltd [2009] ATP 25, [41]-[47] Macarthur Coal Limited [2010] ATP 3, [29]-[30]

CONFERENCE Infratil Australia Limited 01 [2000] ATP 2, [23] Vincorp Wineries Ltd [2001] ATP 6, [3] Pinnacle VRB Limited 05 [2001] ATP 14, [41] Pinnacle VRB Limited 08 [2001] ATP 17, [41] Pinnacle VRB Limited 09b [2001] ATP 26, [53] Winepros Limited [2002] ATP 18, [25] World Oil Resources Limited [2013] ATP 1, [57]-[59] Avalon Minerals Limited [2013] ATP 10, [102] Yancoal Australia Limited [2014] ATP 24, [40]-[44] CONFIDENTIALITY Commercially sensitive evidence Taipan Resources NL 03 [2000] ATP 17, [52]-[53] National Foods Limited 01 [2005] ATP 8, [33]-[37] Confidentiality Agreement Precious Metals Australia Limited [2002] ATP 5, [24]-[26] Firestone Energy Limited [2013] ATP 4, [78] Direction The President's Club Limited [2012] ATP 10, [63] Austock Group Limited [2012] ATP 12, [21] Information ceases to be price-sensitive International All Sports Limited [2009] ATP 4, [27]-[37] International All Sports Limited 01R [2009] ATP 5, [23]-[28] Whether to withhold from parties Austar United Communications Limited [2003] ATP 16, [55] Multiplex Prime Property Fund 03R [2009] ATP 23, [8] CONSIDERATION Cash Rinker Group Limited 01 [2006] ATP 35, [28]-[48] GoldLink IncomePlus Limited 02 [2008] ATP 19, [11]-[12] Conditional increase in consideration ALH Limited 03 [2004] ATP 25, [74]-[79] Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [58]-[62] Foreign cash Rinker Group Limited 01 [2006] ATP 35 Franking credits Rinker Group Limited 02 [2007] ATP 17, [26], [79] Alesco Corporation Limited 01 and 02 [2012] ATP 14, [40] Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16 In specie distribution Brickworks Limited 02 [2000] ATP 8, [54]-[58] Patrick Corporation Limited [2005] ATP 17 Listed scrip Nexus Energy Limited [2006] ATP 25 Pac man bid Alinta Limited 01 [2006] ATP 15

Time for payment Taipan Resources NL 10 [2001] ATP 5, [111]-[113] Top-up note Consolidated Minerals Limited 03R [2007] ATP 28, [22]-[30] Unlisted scrip Premium Income Fund [2011] ATP 10 Value of Pinnacle VRB Limited 03 [2001] ATP 2, [35]-[38] Taipan Resources NL 10 [2001] ATP 5, [99]-[110] Colonial First State Property Trust Group 03 [2002] ATP 17, [40] Consolidated Minerals Limited [2007] ATP 20, [27]-[34], [53]-[60] CONSTITUTION Amendment Golden Circle Limited 02 [2007] ATP 24, [5], [17] Pre-emptive rights AMP Shopping Centre Trust 01 [2003] ATP 21 AMP Shopping Centre Trust 02 [2003] ATP 24 Coopers Brewery Limited 01 [2005] ATP 18 Coopers Brewery Limited 02 [2005] ATP 19 Coopers Brewery Limited 04 [2005] ATP 21 Coopers Brewery Limited 03 [2005] ATP 22 Coopers Brewery Limited 03R and 04R [2005] ATP 23 & 24 CONTINUOUS DISCLOSURE Pinnacle VRB Limited 09b [2001] ATP 26, [43]-[46] Nexus Energy Limited [2006] ATP 17 International All Sports Limited [2009] ATP 4, [27]-[37] International All Sports Limited 01R [2009] ATP 5, [23]-[28] Hastings Rare Metals Limited [2013] ATP 13, [24]-[25]

12/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

CONVERTIBLE NOTES See Securities CONFLICT Broker Namakwa Diamond Company NL 01 [2001] ATP 8, [67]-[69] Legal representative Avalon Minerals Limited [2013] ATP 10, [130]-[146] Panel executive Taipan Resources NL 11 [2001] ATP 16, [4] Panel member The President's Club Limited [2012] ATP 10, [142]-[152] Responsible entity Hastings Diversified Utilities Fund 02 [2012] ATP 11, [23]-[27] COSTS Infratil Australia Limited 02 [2000] ATP 1, [63] Taipan Resources NL 01 [2000] ATP 11, [50]-[51] Pinnacle VRB Limited 06 [2001] ATP 11, [20] Pinnacle VRB Limited 11 [2001] ATP 23, [60]-[66] Anzoil NL 02 [2002] ATP 21, [22] Skywest Limited 03 [2004] ATP 17, [82]-[83] Skywest Limited 03R [2004] ATP 20, [65]-[68] Skywest Limited 04 [2004] ATP 26, [93]-[97] Rivkin Financial Services Limited 02 [2005] ATP 1, [77]-[82] Mount Gibson Iron Limited [2008] ATP 4, [117]-[120] Minemakers Limited [2012] ATP 8, [71]-[77] Austock Group Limited [2012] ATP 12, [77]-[79] IFS Construction Services Limited [2012] ATP 15, [74]-[80] Tigers Realm Coal Limited [2014] ATP 2, [93]-[95] Northern Iron Limited [2014] ATP 11, [62]-[68] Against applicant, considered Pinnacle VRB Limited 11 [2001] ATP 23, [66] STI-Global Limited [2013] ATP 12, [55]

Burden Pinnacle VRB Limited 02 [2000] ATP 12, [42] Obligation not to process acceptances Ambassador Oil & Gas Limited [2014] ATP 14, [96]-[101] Review of ASIC decision Pasminco Limited (Administrators Appointed) [2002] ATP 6, [140] Undertaking to pay Taipan Resources NL 11 [2001] ATP 16, [98]-[103]

COURT PROCEEDING Compared to Panel Taipan Resources NL 02 [2000] ATP 13, [24] Pinnacle VRB Limited 08 [2001] ATP 17, [51]-[60] Concurrent court proceeding Taipan Resources NL 02 [2000] ATP 13 Taipan Resources NL 04 [2000] ATP 16, [46]-[50] Taipan Resources NL 03 [2000] ATP 17, [85]-[92] Taipan Resources NL 09 [2001] ATP 4, [25]-[[27] Brisbane Broncos Limited 03 [2002] ATP 3, [58]-[60] Precious Metals Australia Limited [2002] ATP 5, [33]-[43] Colonial First State Property Trust Group 03 [2002] ATP 17 Richfield Group Limited [2003] ATP 41 Rivkin Financial Services Limited 02 [2005] ATP 1, [34] Lantern Hotel Group [2014] ATP 6, [16]-[18] COURT REFERRAL Email Limited 01 [2000] ATP 3, [14]-[26]

CREDITORS, INTERESTS OF Preference of unsecured creditors Cape Lambert MinSec Pty Ltd [2009] ATP 12, [63]-[69] CREEP Anaconda Nickel Limited 19 [2003] ATP 20, [28] Orion Telecommunications Limited [2006] ATP 23, [153]-[154] Bowen Energy Limited 02 [2009] ATP 16, [69] Viento Group Ltd [2011] ATP 1 CMI Limited [2011] ATP 4, [126]-[130] The President's Club Limited [2012] ATP 10, [99]-[102] CROSS SHAREHOLDINGS Rivkin Financial Services Limited [2004] ATP 14, [21]-[22] DEAL PROTECTION MECHANISMS

Break fee Normandy Mining Limited 03 [2001] ATP 30, [16]-[56] Ballarat Goldfields NL [2002] ATP 7, [13]-[31] Ausdoc Group Limited [2002] ATP 9, [16]-[17], [35]-[48] Sirtex Medical Limited [2003] ATP 22, [62] National Can Industries Limited 01 [2003] ATP 35, [32], [39] National Can Industries Limited 01R [2003] ATP 40, [32]-[36] Wattyl Limited [2006] ATP 11 [63]-[74] Magna Pacific (Holdings) Limited 02 [2007] ATP 3, [24]-[33] Ross Human Directions Limited [2010] ATP 8, [25], [54] Austock Group Limited [2012] ATP 12, [30], [35] Billabong International Limited [2013] ATP 9, [24]-[29], [34]-[38], [44] Moreton Resources Limited [2013] ATP 14, [29]-[35] Tigers Realm Coal Limited [2014] ATP 2, [69]-[80] Fiduciary carve out Normandy Mining Limited 03 [2001] ATP 30, [38]-[41] Ausdoc Group Limited [2002] ATP 9, [55] Ross Human Directions Limited [2010] ATP 8, [41]-[49]

13/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Lock-up device Normandy Mining Limited 02 [2001] ATP 28, [8] Ausdoc Group Limited [2002] ATP 9 Mission NewEnergy Limited [2012] ATP 19 Mission NewEnergy Limited 01R [2012] ATP 20 Matching right Ross Human Directions Limited [2010] ATP 8, [50]-[54] Ambassador Oil & Gas Limited [2014] ATP 14, [77]-[84] No due diligence Ballarat Goldfields NL [2002] ATP 7, [40]-[46] Ross Human Directions Limited [2010] ATP 8, [25]-[37] No-shop Normandy Mining Limited 02 [2001] ATP 28, [10] Wattyl Limited [2006] ATP 11, [75]-[81] Becker Group Limited [2007] ATP 13, [108]-[110] Ross Human Directions Limited [2010] ATP 8, [25]-[26], [38]-[40] Hastings Diversified Utilities Fund [2012] ATP 11, [6], [11c], [14] No-talk Ausdoc Group Limited [2002] ATP 9, [49]-[55] Axiom Properties Limited [2006] ATP 1, [66]-[80] Ross Human Directions Limited [2010] ATP 8, [25]-[40] Billabong International Limited [2013] ATP 9, [46]-[48] Notification Ross Human Directions Limited [2010] ATP 8, [50]-[54] Other Ballarat Goldfields NL [2002] ATP 7, [48] Wattyl Limited [2006] ATP 11, [82]-[84] Perilya Limited 02 [2009] ATP 1, [32] Gloucester Coal Limited 01R [2009] ATP 9, [46]-[62] DECLARATION Contravention Normandy Mining Limited 02 [2001] ATP 28, [35] Isis Communications Limited [2002] ATP 10, [73] Australian Pipeline Trust 01 [2006] ATP 27, [63]-[68] Australian Pipeline Trust 01R [2006] ATP 29, [31]-[61] Effect BreakFree Limited 03 and 04 [2003] ATP 38 and 39, [167] Austral Coal Limited 02 [2005] ATP 11, [214]-[219] Australian Pipeline Trust 01 [2006] ATP 27, [69]-[79] Australian Pipeline Trust 01R [2006] ATP 29, [62]-[82] Austral Coal Limited 02RR [2005] ATP 20, [80]-[82], [87]-[156]

Excessive Pinnacle VRB Limited 02 [2000] ATP 12, [38]

No orders BreakFree Limited 03 and 04 [2003] ATP 38 and 39, [154]-[166] Summit Resources Limited [2007] ATP 9 Power to make Austral Coal Limited 02RR [2005] ATP 20, [79]-[82] Public interest Pinnacle VRB Limited 05 [2001] ATP 14, [50]-[51] Pinnacle VRB Limited 11 [2001] ATP 23, [57] Austral Coal Limited 02RR [2005] ATP 20, [286]-[289] Northern Iron Limited [2014] ATP 11, [46] Review Pinnacle VRB Limited 06 [2001] ATP 11, [14] Variation BreakFree Limited 04R [2003] ATP 42, [76]

DEBT TO EQUITY Pasminco Limited (Administrators Appointed) [2002] ATP 6, [46]-[53] (minority) PowerTel Limited 01 [2003] ATP 25

DEFER PROCEEDINGS Namakwa Diamond Company NL 01 [2001] ATP 8, [73] Australian Liquor Group Limited 02 [2001] ATP 19 The President's Club Limited [2012] ATP 10, [41]-[42] Hastings Diversified Utilities Fund 02 [2012] ATP 11, [29] DEFER ORDERS Anaconda Nickel Limited 16-17 [2003] ATP 15

DERIVATIVES See Securities DIRECTORS Board representation Online Advantage Limited [2002] ATP 14, [56] Aliquot Asset Management Limited [2003] ATP 19, [15]

Board spill GoldLink Growthplus Limited [2007] ATP 23, [4], [16]-[19] GoldLink IncomePlus Limited [2008] ATP 5, [7]-[8] Regis Resources Limited [2009] ATP 7, [19] Redflex Holdings Limited [2009] ATP 17, [19], [24]-[26] Padbury Mining Limited [2010] ATP 9, [12]-[16] IFS Construction Services Limited [2012] ATP 15, [25]-[26] Winpar Holdings Limited [2013] ATP 2, [7]-[8], [28]-[30] Hastings Rare Metals Limited [2013] ATP 13, [21]-[22]

14/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Caretaker directors Bigshop.com.au Limited [2001] ATP 20, [80] Bigshop.com.au Limited 02 [2001] ATP 24, [55] Pinnacle VRB Limited 09b [2001] ATP 26, [58]-[65]

Collateral benefit Normandy Mining Limited 04 [2001] ATP 31, [35]-[37]

Directors' decisions/duties/board dispute Brickworks Limited 01 [2000] ATP 6, [53]-[54] Australian Liquor Group Limited 01 [2001] ATP 18, [36] Pinnacle VRB Limited 11 [2001] ATP 23, [45]-[46] National Can Industries Limited 01 [2003] ATP 35, [33], [46]-[47] National Can Industries Limited 01R [2003] ATP 40, [31] Magna Pacific (Holdings) Limited 05 [2007] ATP 16, [11] Perilya Limited 01 [2009] ATP 1, [27], [28] International All Sports Limited [2009] ATP 4, [22] International All Sports Limited 01R [2009] ATP 5, [30]-[31] Blue Energy Limited [2009] ATP 15, [39] Multiplex Prime Property Fund 04 [2009] ATP 21, [34] Multiplex Prime Property Fund 03 [2009] ATP 22, [22], [28], [37]-[41] Ross Human Directions Limited [2010] ATP 8, [23] Hastings Rare Metals Limited [2013] ATP 13, [18] Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [63]-[70] Equal access to information Goodman Fielder Limited 02 [2003] ATP 5, [90]

Independence of Bowen Energy Limited 02 [2009] ATP 16, [49]-[56] Bowen Energy Limited 02R [2009] ATP 19, [99] Keybridge Capital Limited [2013] ATP 17, [34]-[36] Aspen Parks Property Fund 01 & 02 [2014] ATP 19, [36] Letter to shareholders Pinnacle VRB Limited 09 [2001] ATP 25, [27]-[31] Recommendation Colonial First State Property Trust Group 01 [2002] ATP 15, [124]-[126] Shadow director Ambassador Oil & Gas Limited [2014] ATP 14, [25]-[32] Target board Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [63]-[70]

Timeliness National Can Industries Limited 01R [2003] ATP 40, [37] Undervalue statements Brickworks Limited 01 [2000] ATP 6, [36]-[39] Normandy Mining Limited [2001] ATP 27, [41]-[46] Origin Energy Limited 02 [2008] ATP 23, [19]-[22] Drillsearch Energy Limited 01 [2009] ATP 10, [22]-[24] DISCLOSURE See Association See Bidder's Statement See Continuous disclosure See Expert Reports See Meetings - Notice of meeting See Rights Issue See Scheme of arrangement - Scheme Booklet See Target's Statement

DISSENTING OPINION Pasminco Limited (Administrators Appointed) [2002] ATP 6 Touch Holdings Limited [2013] ATP 3 DOWNSTREAM ACQUISITION Alleged upstream association TheChairmen1 Pty Ltd and Guildford Coal Limited [2010] ATP 10 Policy behind item 14 Australian Pipeline Trust 01 [2006] ATP 27, [92]-[96] Australian Pipeline Trust 01R [2006] ATP 29, [104]-[107] Cape Lambert MinSec Pty Limited [2009] ATP 12, [70]-[81] Leighton Holdings Limited 02R [2010] ATP 14, [27]-[89] Review of ASIC decision Cape Lambert MinSec Pty Limited [2009] ATP 12 Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [37]-[39], [61]-[77] RG 71 Cape Lambert MinSec Pty Limited [2009] ATP 12, [41]-[52] Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [42]-[60] Whether unacceptable Leighton Holdings Limited 02R [2010] ATP 14, [43]-[46], [54]-[57] Firestone Energy Limited [2013] ATP 4, [17], [26]-[49]

15/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

EFFICIENT, COMPETITIVE AND INFORMED MARKET PRINCIPLE

Compliance with law Skywest Limited 03 [2004] ATP 17, [44]-[47] Azumah Resources Limited [2006] ATP 34, [75] Midwest Corporation Limited 02 [2008] ATP 15, [42]-[56] Convoluted transactions PowerTel Limited 03 [2003] ATP 28, [39]

Principle discussed Austral Coal Limited 02 [2005] ATP 11, [162]-[166] Austral Coal Limited 02R [2005] ATP 16, [85]-[88] Alinta Limited 01 [2006] ATP 15, [41], [45], [105] Australian Pipeline Trust 01R [2006] ATP 29, [90]-[91] Vision Systems Limited 01 [2006] ATP 32, 31] Ludowici Limited [2012] ATP 3, [29] Ludowici Limited 01R [2012] ATP 4, [25] LinQ Resources Fund [2012] ATP 21, [21] Share splitting GoldLink IncomePlus Limited 04 [2009] ATP 2, [37]-[40]

Structure of transaction Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [26]-[63] Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [48]-[54] EGGLESTON PRINCIPLES See Efficient, competitive, informed market principle See Equality of opportunity principle See Information Principle

ENTITLEMENT OFFER See Rights issues

EQUALITY OF OPPORTUNITY PRINCIPLE

Email Limited 03 [2000] ATP 5, [34]-[79] Advance Property Fund [2000] ATP 7, [32] Normandy Mining Limited 04 [2001] ATP 31, [6]-[7] Normandy Mining Limited 06 [2001] ATP 32, [19]-[23] Anaconda Nickel Limited 02-05 [2003] ATP 4, [79]-[81] Australian Pipeline Trust 01R [2006] ATP 29, [91], [95] Rinker Group Limited [2006] ATP 35, [21]-[27] Qantas Airways Limited 02 [2007] ATP 6, [28] Qantas Airways Limited 02R [2007] ATP 7, [25], [32], [53] Arrow Taxi Services Limited 02 [2007] ATP 11, [3], [20], [30]-[31] Careers Australia Group Limited [2012] ATP 5, [11], [22]-[24] Yancoal Australia Limited [2014] ATP 24, [103] Principle discussed PowerTel Limited 02 [2003] ATP 28, [37]-[41]

Reverse takeovers Gloucester Coal Limited [2009] ATP 6, [34]-[35] Share splitting GoldLink IncomePlus Limited 04 [2009] ATP 2, [41]-[44] Unacceptable benefit Becker Group Limited [2007] ATP 13, [35]-[78] Yancoal Australia Limited [2014] ATP 24, [103] Underwriting Anaconda Nickel Limited 02-05 [2003] ATP 4, [91]-[94]

ESCALATION AGREEMENTS Normandy Mining Limited 04 [2001] ATP 31, [41]-[42]

EXPERT REPORTS Consent Brickworks Limited 01 [2000] ATP 6, [42]-[45] Goodman Fielder Limited 02 [2003] ATP 5, [79]-[83] Disclosure

Brickworks Limited 01 [2000] ATP 6, [46]-[52] AuIron Energy Limited [2003] ATP 31, [56]-[81] WMC Resources Limited [2005] ATP 3, [37]-[40] Axiom Properties Limited [2006] ATP 1, [95]-[98] Volante Group Limited 02 [2006] ATP 7, [29], [35] Becker Group Limited [2007] ATP 13, [90]-[104], [119]-[121] Consolidated Minerals Limited [2007] ATP 20, [61]-[76] Bowen Energy Limited 02 [2009] ATP 16, [44]-[48] Bowen Energy Limited 02R [2009] ATP 19, [25]-[84] Northern Energy Corporation Limited [2011] ATP 2, [111] Independence National Can Industries Limited 01R [2003] ATP 40, [38]-[39] ALH Group Limited 02 [2004] ATP 21, [15]-[25] Billabong International Limited [2013] ATP 9, [49]-[51] Market practice Goodman Fielder Limited 02 [2003] ATP 5, [67]-[70]

16/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Methodology, conclusion Email Limited 03 [2000] ATP 5, [33] AuIron Energy Limited [2003] ATP 31, [68]-[80] ALH Group Limited 02 [2004] ATP 21, [26]-[28] WMC Resources Limited [2005] ATP 3, [41]-[49] Auspine Limited [2007] ATP 18, [44]-[52] Consolidated Minerals Limited [2007] ATP 20, [87]-[97] Bowen Energy Limited 02 [2009] ATP 16, [28]-[43] Bowen Energy Limited 02R [2009] ATP 19, [43]-[63] Northern Energy Corporation Limited [2011] ATP 2 Tranzact Financial Services Limited [2014] ATP 3, [26]-[29] Panel's role with expert reports Email Limited 03 [2000] ATP 5, [32] Namakwa Diamond Company NL 03 [2001] ATP 12, [4]-[8] Minemakers Limited 02 [2012] ATP 13, [20] Minemakers Limited 02R [2012] ATP 16, [10]-[11] Tranzact Financial Services Limited [2014] ATP 3, [27] Purpose of report Sirtex Medical Limited [2003] ATP 22, [65]-[70] AuIron Energy Limited [2003] ATP 31, [60]-[61]

Recommendation ahead of National Can Industries Limited 01R [2003] ATP 40, [41]-[42]

Supplementary Colonial First State Property Trust Group 01 [2002] ATP 15, [127]-[132] Synergies ALH Group Limited 02 [2004] ATP 21, [29]-[35] Use if prepared for different purpose Aurion Gold Limited [2002] ATP 13, [40], [48]-[50], [72]-[78] Great Mines Limited [2004] ATP 1 EXTERNAL ADMINISTRATION Pasminco Limited [2002] ATP 6 Kaefer Technologies Limited [2004] ATP 8 Kaefer Technologies Limited 02 [2004] ATP 16 FINAL ORDERS Acquisition restriction Skywest Limited 03 [2004] ATP 17, [80] Skywest Limited 04 [2004] ATP 26, [92] LV Living Limited [2005] ATP 5, [130]-[141] Australian Pipeline Trust 01 [2006] ATP 27 Australian Pipeline Trust 01R [2006] ATP 29 Becker Group Limited [2007] ATP 13, [115]-[118] The President's Club Limited [2012] ATP 10, [127] Allotment restriction Lachlan Farming Limited 02 [2005] ATP 2, [46]-[58] Ancillary orders Village Roadshow Limited [2004] ATP 4, [111]-[113] Balance in orders AMP Shopping Centre Trust 02 [2003] ATP 24, [50] Emperor Mines Limited 01 [2004] ATP 24, [139]-[140] Bidder only to communicate to shareholders in writing Skywest Limited 04 [2004] ATP 26, [90]

Book build Anaconda Nickel Limited 16-17 [2003] ATP 15, [68]

Cancel agreement Consolidated Minerals Limited 03 [2007] ATP 25 Consolidated Minerals Limited 03R [2007] ATP 28 Mount Gibson Iron Limited [2008] ATP 4, [114] MYOB Limited [2008] ATP 27, [52] Touch Holdings Limited [2013] ATP 3 STI-Global Limited [2013] ATP 12, [51] Cancelling acceptances Skywest Limited 03 [2004] ATP 17, [73] Skywest Limited 04 [2004] ATP 26, [60], [66]-[89] Compensation Citect Corporation Limited [2006] ATP 6, [84]-[92] Rinker Group Limited 02 [2007] ATP 17, [58]-[85] Rinker Group Limited 02R [2007] ATP 19, [122]-[128], [134]-[147] Ludowici Limited [2012] ATP 3, [50]-[51] Ludowici Limited 01R [2012] ATP 4, [31] Minemakers Limited [2012] ATP 8, [70] Convene meeting IFS Construction Services Limited [2012] ATP 15 STI-Global Limited [2013] ATP 12, [52] Costs Minemakers Limited [2012] ATP 8, [71]-[77] Austock Group Limited [2012] ATP 12, [77]-[79] IFS Construction Services Limited [2012] ATP 15, [74]-[80] Declaration as to operation of law would be exercise of judicial power

Cape Lambert MinSec Pty Ltd [2009] ATP 12, [39]-[40] Declaration that a clause or provision has no effect

Axiom Properties Limited [2006] ATP 1, [75]-[80] Coppermoly Limited [2013] ATP 8, [43]

Deferral pending review AMP Shopping Centre Trust 01 [2003] ATP 21, [102] Anaconda Nickel Limited 16-17 [2003] ATP 15

17/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Disclosure Skywest Limited 03R [2004] ATP 20, [51]-[59] LV Living Limited [2005] ATP 5, [142] Axiom Properties Limited [2006] ATP 1, [60]-[65] Sydney Gas Limited [2006] ATP 9, [112] Becker Group Limited [2007] ATP 13, [115] Consolidated Minerals Limited [2007] ATP 20, [103]-[107] Allegiance Mining NL [2008] ATP 3 Bisalloy Steel Group Limited [2008] ATP 29, [48] Gloucester Coal Limited [2009] ATP 6, [43]-[44] DataDot Technology Limited [2009] ATP 13, [65] Viento Group Limited [2011] ATP 1 CMI Limited [2011] ATP 4, [125] CMI Limited 01R [2011] ATP 6, [50] Minemakers Limited [2012] ATP 8, [68]-[69] Austock Group Limited [2012] ATP 12, [75] IFS Construction Services Limited [2012] ATP 15 World Oil Resources [2013] ATP 1 Firestone Energy Limited [2013] ATP 4 Ambassador Oil & Gas Limited [2014] ATP 14, [87] Disclosure - ineffective remedy Skywest Limited 03 [2004] ATP 17, [68]-[71] Dispersion strategy Bisalloy Steel Group Limited [2008] ATP 29, [45] DataDot Technology Limited [2009] ATP 13, [64] Real Estate Capital Partners USA Property Trust [2012] ATP 6, [57] Avalon Minerals Limited [2013] ATP 10, [110]-[113] Disposal restriction The President's Club Limited [2012] ATP 10, [127] Divestment of shares Taipan Resources NL 09 [2001] ATP 4, [47]-[55] Anaconda Nickel Limited 16-17 [2003] ATP 15, [68] Anaconda Nickel Limited 18 [2003] ATP 18, [37]-[42] Village Roadshow Limited [2004] ATP 4, [100]-[110] Emperor Mines Limited 01 [2004] ATP 24, [127]-[131] Austral Coal Limited 02 [2005] ATP 11, [281]-[290] Austral Coal Limited 02R [2005] ATP 16, [115]-[120] Austral Coal Limited 02RR [2005] ATP 20, [294]-[312] Orion Telecommunications Limited [2006] ATP 23, [129]-[141] Australian Pipeline Trust 01 [2006] ATP 27, [121] Australian Pipeline Trust 01R [2006] ATP 29, [124]-[144] Midwest Corporation Limited [2008] ATP 15, [82]-[86] DataDot Technology Limited [2009] ATP 13, [64] Bowen Energy Limited 02R [2009] ATP 19, [104]-[108] Viento Group Limited [2011] ATP 1 CMI Limited [2011] ATP 4, [125], [129] CMI Limited 01R [2011] ATP 6, [50] Real Estate Capital Partners USA Property Trust [2012] ATP 6, [57] Avalon Minerals Limited [2013] ATP 10, [114]-[121] Gondwana Resources Limited 02 [2014] ATP 15, [60] (substantial holding) Extending bid Skywest Limited 04 [2004] ATP 26, [60] Firestone Energy Limited [2013] ATP 4 Expert report Bowen Energy Limited 02R [2009] ATP 19, [104] Jurisdiction Rinker Group Limited 02 [2007] ATP 17, [58]-[61] Rinker Group Limited 02R [2007] ATP 19, [119]-[121]

"Likely to be sought" Normandy Mining Limited 02 [2001] ATP 28, [13]-[14]

Listing - maintain listing on ASX Austral Coal Limited 02R [2005] ATP 16, [121] Meeting restriction Village Roadshow Limited [2004] ATP 4, [111]-[113] New bid condition Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [69] Alinta Limited 01 [2006] ATP 15, [123] Alinta Limited 01R [2006] ATP 19 Gloucester Coal Limited 01R [2009] ATP 9, [64]-[77] Non reliance on condition/free condition Citect Corporation Limited [2006] ATP 6, [84] Gloucester Coal Limited [2009] ATP 6, [47] NGM Resources Limited [2010] ATP 11, [54] BC Iron Limited [2011] ATP 6, [43] Non reliance on condition in underwriting agreement Emperor Mines Limited 01 [2004] ATP 24, [149]-[151] Payment of profits of sell down to compensate shareholders Emperor Mines Limited 01 [2004] ATP 24, [146]-[148] Power to make orders Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [44]-[52] AMP Shopping Centre Trust 02 [2003] ATP 24, [42]-[46] Skywest Limited 03 [2004] ATP 17, [66]-[67] Austral Coal Limited 02RR [2005] ATP 20, [291]-[293], Annexure D Rinker Group Limited 02 [2007] ATP 17, [58]-[61] Rinker Group Limited 02R [2007] ATP 19, [119]-[128] International All Sports Limited [2009] ATP 4, [18] Gloucester Coal Limited 01R [2009] ATP 9, [76] Ludowici Limited [2012] ATP 3, [46] Proceed with bid Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [55]-[59], [67]-[68] The President's Club Limited [2012] ATP 10, [132]-[133]

18/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Process of acceptances Sydney Gas Limited [2006] ATP 9, [112] Allegiance Mining NL [2008] ATP 3, [43] GoldLink IncomePlus Limited 04 [2009] ATP 2, [22], [55] Premium Income Fund [2011] ATP 10 Prohibition on new bid Brickworks Limited 02 [2000] ATP 8, [76]-[79] Austock Group Limited [2012] ATP 12, [75] Protection of rights Gloucester Coal Limited 01R [2009] ATP 9, [70]-[71] Remedial orders AMP Shopping Centre Trust 02 [2003] ATP 24, [42]-[46] BioProspect Limited 02 [2008] ATP 6, [21]-[22]

Re-opening rights issue Avalon Minerals Limited [2013] ATP 10, [106]-[109]

Shareholder approval MacarthurCook Limited [2008] ATP 20, [48] Gloucester Coal Limited [2009] ATP 6, [42] Gloucester Coal Limited 01R [2009] ATP 9, [63]-[64] Yancoal Australia Limited [2014] ATP 24, [109] Suspension of final orders pending a review application Skywest Limited 03 [2004] ATP 17, [85] Timing Summit Resources Limited [2007] ATP 9, [33], [47] Unfair penalty Austral Coal Limited 02RR [2005] ATP 20, [313]-[317] Unfair prejudice Pinnacle VRB Limited 11 [2001] ATP 23, [47]-[48] Brisbane Broncos Limited 03 [2002] ATP 3, [61]-[62] Brisbane Broncos Limited 04 [2002] ATP 4, [43] Anzoil NL 01 [2002] ATP 19, [68]-[69] Anzoil NL 02 [2002] ATP 21, [17] AMP Shopping Centre Trust 01 [2003] ATP 21, [92]-[93] AMP Shopping Centre Trust 02 [2003] ATP 24, [27], [51]-[63] Village Roadshow Limited [2004] ATP 4, [104]-[106] Skywest Limited 04 [2004] ATP 26, [71], [82] Austral Coal Limited 02 [2005] ATP 11, [291]-[302] Axiom Properties Limited [2006] ATP 1, [62]-[65], [78]-[80] Citect Corporation Limited [2006] ATP 6, [85]-[92] Sydney Gas Limited [2006] ATP 9, [106]-[111] Orion Telecommunications Limited [2006] ATP 23, [155]-[160] Rinker Group Limited 02 [2007] ATP 17, [70]-[78] Rinker Group Limited 02R [2007] ATP 19, [129]-[132] Gloucester Coal Limited 01R [2009] ATP 9, [65]-[69] Ludowici Limited [2012] ATP 3, [52]-[55], [57] Ludowici Limited 01R [2012] ATP 4, [31] Touch Holdings Limited [2013] ATP 3, [125]-[129] Gondwana Resources Limited [2014] ATP 9, [48]-[49] Northern Iron Limited [2014] ATP 11, [60] Aspen Parks Property Fund 01 & 02 [2014] ATP 19, [32] Unwinding transactions Skywest Limited 03 [2004] ATP 17, [74]-[79] Skywest Limited 03R [2004] ATP 20, [60] Ambassador Oil & Gas Limited [2014] ATP 14, [87] Varying final orders Skywest Limited 04 [2004] ATP 26, [61]-[65] Voting Midwest Corporation Limited [2008] ATP 15, [87] Voting restriction Trysoft Corporation Limited [2003] ATP 26, [102]-[108] Skywest Limited 03 [2004] ATP 17, [80] Orion Telecommunications Limited [2006] ATP 23, [142]-[151] Azumah Resources Limited [2006] ATP 34, [89]-[96] The President's Club Limited [2012] ATP 10, [127]-[131], [135] IFS Construction Services Limited [2012] ATP 15 Coppermoly Limited [2013] ATP 8, [45] Avalon Minerals Limited [2013] ATP 10, [122]-[125] Withdrawal of bid Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [67]-[68] Brisbane Broncos Limited 04 [2002] ATP 4 Skywest Limited 03 [2004] ATP 17, [72]-[73] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [91]-[92] Premium Income Fund [2011] ATP 10, [86] Withdrawal right Skywest Limited 03R [2004] ATP 20, [60] Consolidated Minerals Limited 03 [2007] ATP 25 Consolidated Minerals Limited 03R [2007] ATP 28 Firestone Energy Limited [2013] ATP 4 Avalon Minerals Limited [2013] ATP 10, [105] Ambassador Oil & Gas Limited [2014] ATP 14, [95]

FOREIGN INVESTMENT Foreign Acquisitions and Takeovers Act Midwest Corporation Limited [2008] ATP 15 Foreign Investment policy

Foreign Investment Review Board FRANKING CREDITS Rinker Group Limited 02 [2007] ATP 17, [26], [79] Alesco Corporation Limited 01 and 02 [2012] ATP 14, [40]

19/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

FRUSTRATING ACTION Bigshop.com.au Limited [2001] ATP 20 Bigshop.com.au Limited 02 [2001] ATP 24, [45] Anaconda Nickel Limited 01 [2003] ATP 2 MacarthurCook Limited [2008] ATP 20, [21]-[29] Babcock & Brown Communities Group [2008] ATP 25, [26]-[27], [29] Approval of frustrating action - disclosure Coopers Brewery Limited 03 [2005] ATP 22, [102]-[109] Resource Pacific Holdings Ltd [2007] ATP 26, [23] Perilya Limited 02 [2009] ATP 1, [18]-[21], [34]-[36] Austock Group Limited [2012] ATP 12, [30] Approval of frustrating action - whether some shareholders should be excluded Coopers Brewery Limited 03 [2005] ATP 22, [111]-[119] Coopers Brewery Limited 03R and 04R [2005] ATP 23 & 24, [50]-[58] Approval of frustrating action - purpose Pinnacle VRB Limited 05 [2001] ATP 14, [45]-[49] Pinnacle VRB Limited 08 [2001] ATP 17, [65]-[75]

Commercial imperative Pinnacle VRB Limited 05 [2001] ATP 14, [38]-[44] Bigshop.com.au Limited [2001] ATP 20, [59]-[62], [67]-[72] Bigshop.com.au Limited 02 [2001] ATP 24, [46] Resource Pacific Holdings Ltd [2007] ATP 26, [22] Perilya Limited 02 [2009] ATP 1, [23]-[24], [30]- [31] Delay in bid Bigshop.com.au Limited 02 [2001] ATP 24, [49]-[51], [73]

Not found BreakFree Limited 01 [2003] ATP 29, [42], [45] GoldLink Growthplus Limited [2007] ATP 23, [20] Placement as frustrating action Taipan Resources NL 04 [2000] ATP 16, [34]-[45] Bigshop.com.au Limited [2001] ATP 20, [29], [33]-[40] Bigshop.com.au Limited 02 [2001] ATP 24, [23]-[24], [33]-[36] Gondwana Resources Limited 02 [2014] ATP 15, [30]-[37] Principles discussed Pinnacle VRB Limited 05 [2001] ATP 14, [21]-[32] Pinnacle VRB Limited 08 [2001] ATP 17, [7]-[10], [15], [49]-[50]

Prior notice Bigshop.com.au Limited [2001] ATP 20, [46]-[47] Rights issue as frustrating action

Rey Resources Limited [2009] ATP 14, [21]-[23] Transurban Group [2010] ATP 5, [17]-[22]

Shareholder ratification Pinnacle VRB Limited 05 [2001] ATP 14, [66] FUNDING Taipan Resources NL 03 [2000] ATP 17, [33]-[58] Taipan Resources NL 10 [2001] ATP 5, [22]-[32] Goodman Fielder Limited 03 [2003] ATP 14 Deficiency Brickworks Limited 02 [2000] ATP 8, [54]-[58] Pinnacle VRB Limited 06 [2001] ATP 11, [5] Taipan Resources NL 11 [2001] ATP 16, [36]-[48] Austock Group Limited [2012] ATP 12, [42]-[67] As a control transaction Billabong International Limited [2013] ATP 9, [20]-[23] IMPACT ON CONTROL Acquisition Pinnacle VRB Limited 04 [2001] ATP 7, [31]-40] Pinnacle VRB Limited 11 [2001] ATP 23, [35]-[37] Midwest Corporation Limited [2008] ATP 15, [64]-[69] Gloucester Coal Limited 01R [2009] ATP 9, [24], [29]-[30] Buy-back Village Roadshow Limited 02 [2004] ATP 12, [30]-[40] Change to composition of board GoldLink Growthplus Limited [2007] ATP 23, [16]-[19] Regis Resources Limited [2009] ATP 7, [19] Dilution Financial Resources Limited [2007] ATP 27, [27]-[31] Gloucester Coal Limited 01R [2009] ATP 9, [25] Virgin Australia Holdings Limited [2013] ATP 15, [24]-[32] Effect of announcement Queensland Ores Limited [2009] ATP 8, [16], [18] Finance facilities RCL Group Limited [2012] ATP 2, [17]-[21] Management Agreement Bowen Energy Limited [2007] ATP 22, [26]-[35] Non-disclosure Austral Coal Limited 02R [2005] ATP 16, [69], [76]-[82] Gondwana Resources Limited 02 [2014] ATP 15, [26]-[29] Placement of shares Accent Resources Limited [2007] ATP 14, [13]-[18] Magna Pacific (Holdings) Limited 05 [2007] ATP 16, [3], [11] Viento Group Limited 02 [2011] ATP 12, [51]-[59] Gondwana Resources Limited 02 [2014] ATP 15, [20]-[29] Wollongong Coal Limited [2014] ATP 21, [12], [18]

20/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Pre-bid agreement Alpha Healthcare Limited [2001] ATP 13, [25]-[29] Sedimentary Holdings Limited [2006] ATP 24 Vision Systems Limited 01 [2006] ATP 32, [32]-[33] INADVERTENCE LV Living Limited [2005] ATP 5, [105]-[107] INDEPENDENT EXPERT'S REPORT See Expert Reports

INFORMATION PRINCIPLE Principle discussed Australian Pipeline Trust 01R [2006] ATP 29, [94] Qantas Airways Limited 02 [2007] ATP 6, [27] Qantas Airways Limited 02R [2007] ATP 7, [34]-[35], [53] Arrow Taxi Services Limited 02 [2007] ATP 11, [3], [20], [38]-[42] Gloucester Coal Limited [2009] ATP 6, [27] Gloucester Coal Limited 01R [2009] ATP 9, [22] Moreton Resources Limited [2013] ATP 14, [36]-[41] INITIAL PUBLIC OFFERING (IPO)

INSIDER PARTICIPATION Hastings Diversified Utilities Fund [2012] ATP 11, [23]-[27] Firestone Energy Limited [2013] ATP 4, [83]-[87] INTERIM ORDERS

Application for Email Limited 01 [2000] ATP 3 Australian Liquor Group Limited 01 [2001] ATP 18 Pinnacle VRB Limited 10 [2001] ATP 21, [13] Bigshop.com.au Limited 03 [2001] ATP 22 Anaconda Nickel Limited 10 [2003] ATP 9

Continuing effect Pinnacle VRB Limited 11 [2001] ATP 23, [7]-[10]

Orders Australian Liquor Group Limited 01 [2001] ATP 18 Pinnacle VRB Limited 10 [2001] ATP 21, [18]-[21] Village Roadshow Limited [2004] ATP 4, [92]-[94] Emperor Mines Limited 01 [2004] ATP 24, [114] ALH Limited 03 [2004] ATP 25, [29]-[45] Rivkin Financial Services Limited 02 [2005] ATP 1, [32]-[33] LV Living Limited [2005] ATP 5, [58]-[62] Coopers Brewery Limited 03 [2005] ATP 22, [41]-[42], [130] Rusina Mining NL [2006] ATP 13, [49]-[54] Golden West Resources Limited 03 and 04 [2008] ATP 1, [24] Golden West Resources Limited 04R [2008] ATP 2, [21] Allegiance Mining NL [2008] ATP 3, [18]-[19] Mount Gibson Iron Limited [2008] ATP 4, [6]-[7] MYOB Limited [2008] ATP 27, [12] GoldLink IncomePlus Limited 04 [2009] ATP 2, [21] GoldLink IncomePlus Limited 04R [2009] ATP 3, [7] Gloucester Coal Limited [2009] ATP 6, [13] Powerlan Limited [2010] ATP 2, [18]-[27] Transurban Group [2010] ATP 5, [11]-[15] Ross Human Directions Limited [2010] ATP 8, [15]-[16] Padbury Mining Limited [2010] ATP 9, [7]-[10] Vesture Limited 02 [2010] ATP 15, [22]-[23] Viento Group Limited [2011] ATP 1, [24] Brockman Resources Limited [2011] ATP 3, [21]-[25] CMI Limited [2011] ATP 4, [135] Premium Income Fund [2011] ATP 10, [18]-[19] Crescent Gold Limited 02 [2011] ATP 14, [20]-[23] Austock Group Limited [2012] ATP 12, [21] Firestone Energy Limited [2013] ATP 4, [19]-[22] Careers Australia Group Limited 02R [2013] ATP 6, [16]-[17] Coppermoly Limited [2013] ATP 8, [15]-[16] Avalon Minerals Limited [2013] ATP 10, [14]-[16] Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [17]-[19] Gondwana Resources Limited 02 [2014] ATP 15, [15]-[18] Principle discussed Taipan Resources NL 01 [2000] ATP 11, [4]-[6] Taipan Resources NL 04 [2000] ATP 16, [28] Taipan Resources NL 03 [2000] ATP 17, [25]-[32] Taipan Resources NL 09 [2001] ATP 4, [34] Namakwa Diamond Company NL 02 [2001] ATP 9, [7] Australian Liquor Group Limited 01 [2001] ATP 18, [18]-[23] Goodman Fielder Limited 01 [2003] ATP 1, [36]-[39] Billabong International Limited [2013] ATP 9, [14] Gondwana Resources Limited [2014] ATP 9, [13] Envestra Limited [2014] ATP 13, [14] Restraint of acceptance processing Ambassador Oil & Gas Limited [2014] ATP 14, [12] Ambassador Oil & Gas Limited 02 [2014] ATP 17, [12] Restraint of bidder's statement - discussion Email Limited 02 [2000] ATP 4, [25], [43]-[49] Colonial First State Property Trust Group 02 [2002] ATP 16, [23]-[27] Colonial First State Property Trust Group 03 [2002] ATP 17, [18] Southcorp Limited [2005] ATP 4, [35]-[44] Restraint of target's statement - discussion Normandy Mining Limited 01 [2001] ATP 27, [10]-[11], [34]-[40]

21/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Review of Email Limited 02 [2000] ATP 4 Email Limited 03 [2000] ATP 5, [26] Tigers Realm Coal Limited [2014] ATP 2, [23]-[24] Undertaking as to damages Australian Liquor Group Limited 01 [2001] ATP 18, [38]

JORC Taipan Resources NL 10 [2001] ATP 5, [36]-[44] Namakwa Diamond Company NL 03 [2001] ATP 12 Disclosure requirements Namakwa Diamond Company NL 02 [2001] ATP 9, [19]-[26] Taipan Resources NL 11 [2001] ATP 16, [84]-[94] Austral Coal Limited [2005] ATP 11, [59]-[60] Universal Resources Limited [2005] ATP 6, [17]-[25] Midwest Corporation Limited [2007] ATP 33, [26]-[28] JURISDICTION Taipan Resources NL 01 [2000] ATP 11, [24]-[26] SSH Medical Limited [2003] ATP 32, [51] Village Roadshow Limited 02 [2004] ATP 12, [25]-[47] Cresent Gold Limited [2004] ATP 28, [12]-[13] Qantas Airways Limited 02 [2007] ATP 6, [14] Qantas Airways Limited 02R [2007] ATP 7, [20] Becker Group Limited [2007] ATP 13, [32]-[34] Rinker Group Limited 02 [2007] ATP 17, [11]-[15] Rinker Group Limited 02R [2007] ATP 19, [29]-[38] BioProspect Limited 02 [2008] ATP 6, [19] Midwest Corporation Limited [2008] ATP 15, [28]-[35] Lion Selection Limited 02 [2008] ATP 16, [24] The President's Club Limited [2012] ATP 10, [64]-[73] Careers Australia Group Limited 02 [2013] ATP 5, [25]-[33] Gondwana Resources Limited [2014] ATP 9, [16], [37] Funding agreement Billabong International Limited [2013] ATP 9, [20]-[23] Moreton Resources Limited [2013] ATP 14, [24]-[28] LOCK-UP DEVICES See Deal protection mechanisms

MANAGED INVESTMENT SCHEME Application of chapter 6 Colonial First State Property Trust Group 01 [2002] ATP 15, [8], [42]

Entrenchment AMP Shopping Centre Trust 01 [2003] ATP 21, [66]-[73], [84]-[88]

Merger mechanism Colonial First State Property Trust Group 01 [2002] ATP 15, [10]-[13]

MARKET BID Gosford Quarry Holdings Limited [2008] ATP 11 Multiplex Prime Property Fund 01 and 02 [2009] ATP 18 MEDIA CANVASSING Breach Colonial First State Property Trust Group 03 [2002] ATP 17, [48]-[50] BreakFree Limited 02 [2003] ATP 30, [44]-[52] Skywest Limited 03 [2004] ATP 17, [86]-[88] Skywest Limited 03R [2004] ATP 20, [61]-[64] ALH Group Limited 02 [2004] ATP 21, [41]-[44] Emperor Mines Limited 01 [2004] ATP 24, [111]-[113] IP3 Systems Limited [2005] ATP 7, [85]-[91] Coopers Brewery Limited 03 [2005] ATP 22, [128] Premium Income Fund [2011] ATP 10, [73]-[78] Austock Group Limited [2012] ATP 12, [21] Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [74]-[75] Agricultural Land Trust [2014] ATP 4, [32]-[33] Compared to continuous disclosure Sydney Gas Limited [2006] ATP 9, [92]-[97] Coercive Qantas Airways Limited [2007] ATP 1, [57]-[61] Just Group Limited [2008] ATP 22, [32] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [26]-[63] Premium Income Fund [2011] ATP 10, [73]-[78] Foster's Group Limited [2011] ATP 15, [53] Interim order Austock Group Limited [2012] ATP 12, [21]

Split applications Normandy Mining Limited 04 [2001] ATP 31, [46]-[47] MEETINGS Adjournment Bigshop.com.au Limited 02 [2001] ATP 24, [63]-[67] Colonial First State Property Trust Group 01 [2002] ATP 15, [139]-[141] LinQ Resources Fund [2012] ATP 21, [25]-[26] Knights Capital Group Limited [2012] ATP 22, [32] Approve acquisition (item 7 of s611) Focus Technologies Limited [2002] ATP 8, [26]-[31] Colonial First State Property Trust Group 01 [2002] ATP 15, [43]-[46] LV Living Limited [2005] ATP 5, [102]-[104] Approve entitlement issue Gondwana Resources Limited 02 [2014] ATP 15, [59]

22/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Intervene in general meeting matters St Barbara Mines Limited 02 [2004] ATP 13 Bowen Energy Limited 02 [2009] ATP 16, [21]-[24] Bowen Energy Limited 02R [2009] ATP 19, [24] IFS Construction Services Limited [2012] ATP 15, [25]-[26] Notice of meeting Colonial First State Property Trust Group 01 [2002] ATP 15, [110]-[123] Axiom Properties Limited [2006] ATP 1, [51]-[65], [81]-[102] Becker Group Limited [2007] ATP 13, [79]-[87] Accent Resources Limited [2007] ATP 14, [10], [19] Golden Circle Limited 02 [2007] ATP 24, [13]-[15] Macarthur Coal Limited [2010] ATP 3, [24]-[28] Relevance to a concurrent bid Bigshop.com.au Limited 02 [2001] ATP 24, [68] Colonial First State Property Trust Group 02 [2002] ATP 16, [16]-[22] Coopers Brewery Limited 03 [2005] ATP 22, [21]-[26] IFS Construction Services Limited [2012] ATP 15, [20]-[26] Gondwana Resources Limited 02 [2014] ATP 15, [25], [29], [35] Shareholders meetings Bigshop.com.au Limited 02 [2001] ATP 24, [68]-[71] Rivkin Financial Services Limited [2004] ATP 14, [26] Accent Resources Limited [2007] ATP 14, [20]-[21] BigAir Group Limited [2008] ATP 12, [19] Lion Selection Limited 02 [2008] ATP 16 MacarthurCook Limited [2008] ATP 20, [48] Bentley Capital Limited 01R [2011] ATP 13, [190]-[191] Time to consider corrective information Pinnacle VRB Limited 09b [2001] ATP 26, [57] Coopers Brewery Limited 03 [2005] ATP 22, [65] Coopers Brewery Limited 03R and 04R [2005] ATP 23 & 24, [35]-[40] MEMBERS' MEETING See Meetings

MINIMUM BID PRICE Taipan Resources NL 08 [2001] ATP 3, [21]-[29] Skywest Limited [2004] ATP 10, [60]-[79] Gasnet Australia Limited [2006] ATP 22, [25]-[29] Bowen Energy Limited 02 [2009] ATP 16, [70]-[71] Bowen Energy Limited 02R [2009] ATP 19, [86] MISLEADING OR DECEPTIVE STATEMENTS See also Bidder's Statement

See also Target's Statement See also Meetings - Notice of meeting

Communications to shareholders during takeover bid Taipan Resources NL 07 [2000] ATP 18, [40] Ranger Minerals Limited [2002] ATP 11, [36]-[44] Universal Resources Limited [2005] ATP 6 Magna Pacific (Holdings) Limited 04 [2007] ATP 10, [5], [13], [17]-[25] Consolidated Minerals Limited [2007] ATP 20, [75] Drillsearch Energy Limited 01 [2009] ATP 10, [19]-[27] Foster's Group Limited [2011] ATP 15, [33], [49] Alesco Corporation Limited 01 and 02 [2012] ATP 14, [31], [47]-[48] Alesco Corporation Limited 03 [2012] ATP 18, [23]-[25] Delay in correcting misleading information Consolidated Minerals Limited 02 [2007] ATP 21, [29]-[32] Extending bid Brickworks Limited 02 [2000] ATP 8, [73]-[75]

Misleading announcements Taipan Resources NL 01 [2000] ATP 11, [32]-[47] Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [2] Normandy Mining Limited 07 [2002] ATP 2, [27]-[29] BreakFree Limited 01 [2003] ATP 29 WMC Resources Limited [2005] ATP 3, [50]-[56] Patrick Corporation Limited [2005] ATP 17 Coopers Brewery Limited 01 [2005] ATP 18 Coopers Brewery Limited 02 [2005] ATP 19 Axiom Properties Limited 02 [2006] ATP 5 Magna Pacific (Holdings) Limited 02 [2007] ATP 3, [14]-[20] Auspine Limited [2007] ATP 18, [58]-[59] Consolidated Minerals Limited [2007] ATP 20 Consolidated Minerals Limited 02 [2007] ATP 21 Gosford Quarry Holdings Limited [2008] ATP 11, [38]-[41] Lion Selection Limited [2008] ATP 14, [23]-[31] Queensland Ores Limited [2009] ATP 8, [15]-[21] Transurban Group [2010] ATP 5, [23]-[27] Ross Human Directions Limited [2010] ATP 8, [22] Alesco Corporation Limited 01 and 02 [2012] ATP 14 NATURAL JUSTICE See Procedural fairness NOTICE OF MEETING See Meetings OFFER PERIOD Close Qantas Airways Limited 02 [2007] ATP 6, [3]-[5]

Orders extending Pinnacle VRB Limited 11 [2001] ATP 23, [9]-[10] Pinnacle VRB Limited 09b [2001] ATP 26, [56] Ranger Minerals Limited [2002] ATP 11, [51]-[53] Orders preventing commencement Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [16]-[21]

23/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

OPTIONS See Securities ORDERS Appropriateness of orders Regis Resources Limited [2009] ATP 7, [24]-[27] Multiplex Prime Property Fund 03 [2009] ATP 23, [17]-[18], [21] Touch Holdings Limited [2013] ATP 3, [124]-[129]

Constitution AMP Shopping Centre Trust 02 [2003] ATP 24, [38]-[41] Declaration/no orders Summit Resources Limited [2007] ATP 9, [33]-[47] Final orders See Final orders Interim orders See Interim orders Judicial power AMP Shopping Centre Trust 02 [2003] ATP 24, [47]-[49] Cape Lambert MinSec Pty Ltd [2009] ATP 12, [39]-[40] No orders OTHER FORUM Other conduct

Other forums available Richfield Group Limited [2003] ATP 41 Hastings Rare Metals Limited [2013] ATP 13, [18] PANEL Misleading, lying or failing to provide information to Panel LV Living Limited [2005] ATP 5, [122]-[127] Panel members' experience and expertise Summit Resources Limited [2007] ATP 9, [39] Mount Gibson Iron Limited [2008] ATP 4, [84] Bowen Energy Limited 02R [2009] ATP 19, [82] Leighton Holdings Limited 02R [2010] ATP 14, [70] Viento Group Limited [2011] ATP 1, [83], [89] CMI Limited [2011] ATP 4, [119] Bentley Capital Limited 01R [2011] ATP 13, [90] The President's Club Limited [2012] ATP 10, [107] Austock Group Limited [2012] ATP 12, [64] IFS Construction Services Limited [2012] ATP 15, [40] Touch Holdings Limited [2013] ATP 3, [35] Panel process Austral Coal Limited 02 [2005] ATP 11, [34]-[36] Austral Coal Limited 02R [2005] ATP 16, [20]-[21] Austral Coal Limited 02RR [2005] ATP 20, [24]-[29] Panel role Infratil Australia Limited 02 [2000] ATP 1, [14]-[16] Email Limited 02 [2000] ATP 4, [3] Email Limited 03 [2000] ATP 5, [27]-[29] Advance Property Fund [2000] ATP 7, [39]-[41] Brickworks Limited 02 [2000] ATP 8, [22]-[24] Taipan Resources NL 01 [2000] ATP 11, [3] Pinnacle VRB Limited 08 [2001] ATP 17, [34]-[38], [51]-[52] Pinnacle VRB Limited 09b [2001] ATP 26, [38]-[41] Dragon Mining Limited [2014] ATP 5, [62]

Status of draft policy Austral Coal Limited 02 [2005] ATP 11, [37]-[41] PARTIES Austral Coal Limited 02 [2005] ATP 11, [30]-[33] Brockman Resources Limited [2011] ATP 3, [47]-[49] Direction to become Avalon Minerals Limited [2013] ATP 10, [150] PARTLY PAID SECURITIES Taipan Resources NL 10 [2001] ATP 5, [68]-[85] Taipan Resources NL 11 [2001] ATP 16, [64]-[80] Accelerated call Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [44]-[51] PLACEMENT Commercial imperative Tigers Realm Coal Limited [2014] ATP 2, [29] Frustrating action MacarthurCook Limited [2008] ATP 20, [35]-[40] Hastings Rare Metals Limited [2013] ATP 13, [19]-[20] Potential control impact Accent Resources Limited [2007] ATP 14, [13]-[18] Babcock & Brown Communities Group [2008] ATP 25, [35] Redflex Holdings Limited [2009] ATP 17, [17]-[26] Winpar Holdings Limited [2013] ATP 2 Hastings Rare Metals Limited [2013] ATP 13, [11]-[18] Tigers Realm Coal Limited [2014] ATP 2

24/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

POLICY CONSIDERATIONS Chilling effect Alinta Limited 01 [2006] ATP 15 Babcock & Brown Communities Group [2008] ATP 25, [32]-[34], [37] MYOB Limited [2008] ATP 27, [35]-[39] Discrimination Anaconda Nickel Limited 08 [2003] ATP 7, [42], [50], [58]

Legislative policy Pinnacle VRB Limited 11 [2001] ATP 23, [25]-[33] Pinnacle VRB Limited 09b [2001] ATP 26, [26]-[36] Online Advantage Limited [2002] ATP 14, [53]-[56] Austral Coal Limited 02 [2005] ATP 11, [247]-[253] Precedent value Brisbane Broncos Limited 03 [2002] ATP 3, [5]

Preservation of market integrity Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [27]-[30] Principles and policies underlying takeovers regulation Consolidated Minerals Limited 03 [2007] ATP 25, [37], [39] Consolidated Minerals Limited 03R [2007] ATP 28, [23]-[24] GoldLink IncomePlus Limited 04 [2009] ATP 2, [31], [36] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [32] Protection for shareholders Pasminco Limited (Administrators Appointed) [2002] ATP 6, [112]-[116] Pasminco Limited (Administrators Appointed) [2002] ATP 6, [7], [54] (minority) Cape Lambert MinSec Pty Ltd [2009] ATP 12, [54]-[62] Public interest Anaconda Nickel Limited 08 [2003] ATP 7, [67] Australian Pipeline Trust 01 [2006] ATP 27, [110]-[119] Australian Pipeline Trust 01R [2006] ATP 29, [117]-[122] Qantas Airways Limited 02R [2007] ATP 07, [49]-[51] Rinker Group Limited 02R [2007] ATP 19, [115] - [118] Consolidated Minerals Limited [2007] ATP 20, [100]-[102] Midwest Corporation Limited [2008] ATP 15, [71]-[73] Regulatory ambush Austral Coal Limited 02RR [2005] ATP 20, [266]-[269] Gloucester Coal Limited [2009] ATP 6, [30]

Regulator effect on bid Brisbane Broncos Limited 03 [2002] ATP 3, [118], [124]-[126]

Substance over form Babcock & Brown Communities Group [2008] ATP 25, [17]-[20] Laneway Resources Limited [2013] ATP 7, [31] Superior proposal Babcock & Brown Communities Group 02 [2008] ATP 26, [8]-[10] MYOB Limited [2008] ATP 27, [53] PROCEDURAL FAIRNESS Email Limited 03 [2000] ATP 5, [122] AMP Shopping Centre Trust 01 [2003] ATP 21, [105]-[114] Alinta Limited 02 [2006] ATP 14, [79]-[83] Australian Pipeline Trust 01 [2006] ATP 27, [39]-[42] CMI Limited 01R [2011] ATP 5, [38] Bentley Capital Limited 01R [2011] ATP 13, [19] Religious holidays World Oil Resources Limited [2013] ATP 1, [60]-68] Review remedies National Can Industries Limited 01R [2003] ATP 40, [43]

PROCEDURAL RULES Brief Aurion Gold Limited [2002] ATP 13, [28] Leave to appear Avalon Minerals Limited [2013] ATP 10, 130]-[146] Gondwana Resources Limited [2014] ATP 9, [50]-[51] Variation Avalon Minerals Limited [2013] ATP 10, [149]-[152] PROPORTIONAL TAKEOVER BID See Takeovers

PROXIES Colonial First State Property Trust Group 01 [2002] ATP 15, [135]-[138] Lion Selection Limited 02 [2008] ATP 16, [24]-[ 35] IFS Construction Services Limited [2012] ATP 15, [45]-[53]

Association Online Advantage Limited [2002] ATP 14. [43]-[47] RELATED PARTY Anaconda Nickel Limited 02-05 [2003] ATP 4, [50]-[55] Rivkin Financial Services Limited 02 [2005] ATP 1, [75]-[76] Sydney Gas Limited [2006] ATP 9, [54] MacarthurCook Property Securities Fund 01 & 02 [2012] ATP 7, [65]-[73] Minemakers Limited [2012] ATP 8, [31]-[45] LinQ Resources Fund [2012] ATP 21, [29]-[31] Underwriting Altius Mining Limited [2012] ATP 17, [23]

25/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

RELEVANT INTEREST Acquisition of National Foods Limited [2005] ATP 8, [66] Austral Coal Limited 02 [2005] ATP 11, [222]-[223] Austral Coal Limited 02RR [2005] ATP 20, [157]-[186] BioProspect Limited 01 [2008] ATP 8, [62]-[64] BigAir Group Limited [2008] ATP 12, [25]-[26] MYOB Limited [2008] ATP 27, [14]-[33] Blue Energy Limited [2009] ATP 15, [37]-[38] The President's Club Ltd [2012] ATP 10, [80]-[90], [94]-[96] Touch Holdings Limited [2013] ATP 3, [87]-[93] ASIC Relief Australian Pipeline Trust 01 [2006] ATP 27 BioProspect Limited 01 [2008] ATP 8 Mesa Minerals Limited [2010] ATP 4, [38]-[40] oOh!media Group Limited [2011] ATP 9, [41]-[52] Orders Gloucester Coal Limited [2009] ATP 6, [42]-[49] REVERSE TAKEOVERS Gloucester Coal Limited [2009] ATP 6, [15], [23]-[33], [35], [37], [38] Gloucester Coal Limited 01R [2009] ATP 9, [21]-[30], [42]-[45] Shareholder consideration Gloucester Coal Limited [2009] ATP 6, [34] Gloucester Coal Limited 01R [2009] ATP 9, [63]-[64] REVIEW PROCEEDINGS ASIC decision Taipan Resources NL 05 [2000] ATP 14, footnote 8

Consent to review discussed Taipan Resources NL 11 [2001] ATP 16, [99] Austral Coal Limited 03R [2005] ATP 15 Conduct proceedings discussed Taipan Resources NL 07 [2000] ATP 18, [52] Mesa Minerals Limited 01R [2010] ATP 6 Bentley Capital Limited 01R [2011] ATP 13, [18]-24] Decline to conduct proceedings discussed Anaconda Nickel Limited 09 [2003] ATP 8 Gosford Quarry Holdings Limited 01R [2008] ATP 13, [27] GoldLink IncomePlus Limited 04R [2009] ATP 3, [8]-[15] Multiplex Prime Property Fund 03R [2009] ATP 23, [10] Tully Sugar Limited 01R [2010] ATP 1, [12] CMI Limited 01R [2011] ATP 5, [48] Ludowici Limited 01R [2012] ATP 4, [22]-[23] Celamin Holdings NL 01R [2014] ATP 23, [17]-[18] Functions of review Panel Email Limited 02 [2000] ATP 4, [4] Pinnacle VRB Limited 08 [2001] ATP 17, [39]-[40]

Hearing de novo Bigshop.com.au Limited 02 [2001] ATP 24, [29]-[31] Anzoil NL 02 [2002] ATP 21, [9] National Can Industries Limited 01R [2003] ATP 40, [21] BreakFree Limited 04R [2003] ATP 42, [35] Austral Coal Limited 02R [2005] ATP 16, [16], [25] Austral Coal Limited 02RR [2005] ATP 20, [23] Alinta Limited 01R [2006] ATP 19, [26]-[27], [36] GoldLink IncomePlus Limited 04R [2009] ATP 3, [16] International All Sports Limited 01R [2009] ATP 5, [10] Bentley Capital Limited 01R [2011] ATP 13, [24]

Jurisdiction BreakFree Limited 04R [2003] ATP 42, [39]-[50]

Orders review Email Limited 02 [2000] ATP 4 AMP Shopping Centre Trust 02 [2003] ATP 24 President's consent Email Limited 02 [2000] ATP 4, [16] Austral Coal 03R [2005] ATP 15 Careers Australia Group Limited 02R [2013] ATP 6, [11]

Scope National Can Industries Limited 01R [2003] ATP 40, [44] Gondwana Resources Limited 02R [2014] ATP 18, [27]-[31] Undertakings review National Can Industries Limited 01R [2003] ATP 40 RIGHTS ISSUES Additional shares - applications capped Virgin Australia Holdings Limited [2013] ATP 15, [33]-[42] Advice/legal or commercial Anaconda Nickel Limited 19 [2003] ATP 20, [49]-[54] Data & Commerce Limited [2004] ATP 7, [28] InvestorInfo [2004] ATP 6, [45]-[46] Stericorp Limited [2005] ATP 9, [46]-[49] Yancoal Australia Limited [2014] ATP 24, [70] Acquisition affecting price of shares Anaconda Nickel Limited 19 [2003] ATP 20, [25] Yancoal Australia Limited [2014] ATP 24, [45]-[54]

Alternatives available Yancoal Australia Limited [2014] ATP 24, [70]-[76]

26/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

ASIC relief Anaconda Nickel Limited 12 [2003] ATP 11 Celamin Holdings NL [2014] ATP 22, [32] Availability of exception Phosphate Resources Limited [2003] ATP 3, [26] Anaconda Nickel Limited 01 [2003] ATP 2, [32] InvestorInfo [2004] ATP 6, [25]-[39] Emperor Mines Limited 01 [2004] ATP 24, [49]-[52], [91]-[108] Lachlan Farming Limited [2004] ATP 31 Lachlan Farming Limited 02 [2005] ATP 2 Stericorp Limited [2005] ATP 9, [72]-[83] Dromana Estate Limited [2006] ATP 4, [27]-[29], [36]-[40] Dromana Estate Limited 01R [2006] ATP 8, [31] Avalon Minerals Limited [2013] ATP 10, [36]-[44] Celamin Holdings NL [2014] ATP 22, [30]-[34]

Buy-back preceeding Phosphate Resources Limited [2003] ATP 3, [31]

Chapter 6 disclosure Anaconda Nickel Limited 02-05 [2003] ATP 4, [68]-[74], [151] Chapter 6 time limits to offer for rights Anaconda Nickel Limited 06-07 [2003] ATP 6, [30] Discriminatory Anaconda Nickel Limited 02-05 [2003] ATP 4

Dispersion strategy Transurban Group [2010] ATP 5, [31]-[32] MacarthurCook Property Securities Fund 01 & 02 [2012] ATP 7, [48] Virgin Australia Holdings Limited [2013] ATP 15 Gondwana Resources Limited [2014] ATP 9, [38]-[39] During contest for board control Rivkin Financial Services Limited 02 [2005] ATP 1, [44]-[47] Sherwin Iron Limited [2014] ATP 12, [19]-[22] During takeover bid - securities covered by bid Anaconda Nickel Limited 01 [2003] ATP 2 Anaconda Nickel Limited 02-05 [2003] ATP 4 Resources Pacific Holdings Limited [2007] ATP 26, Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [52]-[63] Dilution Anaconda Nickel Limited 02-05 [2003] ATP 4, [65] Argosy Minerals Limited [2014] ATP 7, [22]-[25] Sherwin Iron Limited [2014] ATP 12, [24]-[25], [33] Frustrating action World Oil Resources Limited [2013] ATP 1, [24]-[49] Gondwana Resources Limited [2014] ATP 9, [31] Foreign shareholders Dromana Estate Limited 01R [2007] ATP 8, [51]-[54] Celamin Holdings NL [2014] ATP 22, [30]-[34] Funding alternatives Stericorp Limited [2005] ATP 9, [42]-[45] Insufficient disclosure QR Sciences Limited [2003] ATP 37, [58]-[63] Anaconda Nickel Limited 02-05 [2003] ATP 4, [72], [161]-[168] Data & Commerce Limited [2004] ATP 7, [31]-[34], [36]-[39] Emperor Mines Limited 01 [2004] ATP 24, [45]-[48] InvestorInfo [2004] ATP 6, [52]-[56], [62]-[65] Lachlan Farming Limited [2004] ATP 31, [37] Rivkin Financial Services Limited 02 [2005] ATP 1, [39] IP3 Systems Limited [2005] ATP 7, [51]-[68] Stericorp Limited [2005] ATP 9, [66]-[71] Sydney Gas Limited 02 [2006] ATP 18 Dromana Estate Limited [2007] ATP 4, [26]-[29], [41]-[48] Resource Pacific Holdings Limited [2007] ATP 26, [13]-[19] Bisalloy Steel Group Limited [2008] ATP 29, [36]-[39] DataDot Technology Limited [2009] ATP 13, [46]-[56] Multiplex Prime Property Fund 04 [2009] ATP 21, [34] Multiplex Prime Property Fund 03 [2009] ATP 22, [29]-[30], [51]-[53], [60]-[61] Mintails Limited [2011] ATP 11, [30] Gladstone Pacific Nickel Limited 02 [2011] ATP 16, [44]-[49] Avalon Minerals Limited [2013] ATP 10, [45]-[53] Gondwana Resources Limited [2014] ATP 9, [41]-[42] Celamin Holdings NL [2014] ATP 22, [54]-[57], [65]-[71] Lapse Anaconda Nickel Limited 15 [2003] ATP 17, [7] Anaconda Nickel Limited 19 [2003] ATP 20, [49]-[54]

27/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Need for funds / commercial imperative Anaconda Nickel Limited 02-05 [2003] ATP 4, [39], [56] Data & Commerce Limited [2004] ATP 7, [27] Emperor Mines Limited 01 [2004] ATP 24, [36]-[43], [120]-[121] Emperor Mines Limited 01R [2004] ATP 27, [18] Rivkin Financial Services Limited 02 [2005] ATP 1, [48]-[52] IP3 Systems Limited [2005] ATP 7, [77] SteriCorp Limited [2005] ATP 9, [35]-[41] Rey Resources Limited [2009] ATP 14, [27]-[29] Multiplex Prime Property Fund 04 [2009] ATP 21, [28]-[31] Multiplex Prime Property Fund 03 [2009] ATP 22, [42]-[45], [47]-[50] Multiplex Prime Property Fund 03R [2009] ATP 23, [15]-[16] Powerlan Limited [2010] ATP 2, [31]-[37] Vesture Limited 02 [2010] ATP 15, [34]-[38] Gladstone Pacific Nickel Limited 02 [2011] ATP 16, [34]-[40] Real Estate Capital Partners USA Property Trust [2012] ATP 6, [28]-[30] MacarthurCook Property Securities Fund 01 & 02 [2012] ATP 7, [29]-[30] Altius Mining Limited [2012] ATP 17, [41]-[49] Avalon Minerals Limited [2013] ATP 10, [20]-[24] Argosy Minerals Limited [2014] ATP 7, [26]-[31] Sherwin Iron Limited [2014] ATP 12, [30]-[32], [36] Wollongong Coal Limited [2014] ATP 21, [25] Yancoal Australia Limited [2014] ATP 24, [55]-[69] Potential control impact / structure QR Sciences Limited [2003] ATP 37 InvestorInfo [2004] ATP 6, [41]-[44] Emperor Mines Limited 01 [2004] ATP 24, [83]-[90] Rivkin Financial Services Limited 02 [2005] ATP 1, [36]-[43], [53]-[61] Sydney Gas Limited 02 [2006] ATP 18, [58]-[59] Bisalloy Steel Group Limited [2008] ATP 29, [21]-[35] DataDot Technology Limited [2009] ATP 13, [29]-[37] Rey Resources Limited [2009] ATP 14, [15]-[20] Redflex Holdings Limited [2009] ATP 17, [27]-[31] Multiplex Prime Property Fund 04 [2009] ATP 21, [35] Multiplex Prime Property Fund 03 [2009] ATP 22, [22]-[23], [31]-[35], [46]-[61] Multiplex Prime Property Fund 03R [2009] ATP 23, [13], [18] Powerlan Limited [2010] ATP 2, [38]-[54] Vesture Limited 02 [2010] ATP 15, [28]-[33] Mintails Limited [2011] ATP 11, [25] Gladstone Pacific Nickel Limited 02 [2011] ATP 16, [19]-[30] Real Estate Capital Partners USA Property Trust [2012] ATP 6, [32], [35], [37]-[38], [43] MacarthurCook Property Securities Fund 01 & 02 [2012] ATP 7, [42]-[43], [55], [62]-[63]

Laneway Resources Limited [2013] ATP 7, [21]-[29] Coppermoly Limited [2013] ATP 8, [21]-[27] Avalon Minerals Limited [2013] ATP 10, [25]-[35] Gondwana Resources Limited [2014] ATP 9, [31]-[32] Sherwin Iron Limited [2014] ATP 12, [23]-[29] Yancoal Australia Limited [2014] ATP 24, [45]-[54] Price Data & Commerce Limited [2004] ATP 7, [30] InvestorInfo [2004] ATP 6, [49]-[51] Emperor Mines Limited 01 [2004] ATP 24. [67]-[74] Emperor Mines Limited 01R [2004] ATP 27, [26]-[27] Rivkin Financial Services Limited 02 [2005] ATP 2, [55] IP3 Systems Limited [2005] ATP 7, [69]-[72] Stericorp Limited [2005] ATP 9, [50]-[54] Altius Mining Limited [2012] ATP 17, [33]-[37] Laneway Resources Limited [2013] ATP 7, [18] Coppermoly Limited [2013] ATP 8, [21]-[25] Renounceability Emperor Mines Limited 01 [2004] ATP 24, [53]-[66], [110], [122]-[124] Emperor Mines Limited 01R [2004] ATP 27, [24]-[25] Rivkin Financial Services Limited 02 [2005] ATP 1, [56]-[57] IP3 Systems Limited [2005] ATP 7, [81] Stericorp Limited [2005] ATP 9, [55]-[58] Dromana Estate Limited 01R [2006] ATP 8, [49]-[50] Altius Mining Limited [2012] ATP 17, [38] Sherwin Iron Limited [2014] ATP 12, [29] Wollongong Coal Limited [2014] ATP 21, [29]-[30] Securityholder approval Anaconda Nickel Limited 02-05 [2003] ATP 4, [59] InvestorInfo [2004] ATP 6, [57]-[59] Gondwana Resources Limited [2014] ATP 9, [40] Shortfall facility Emperor Mines Limited 01 [2004] ATP 24, [133]-[136] Emperor Mines Limited 01R [2004] ATP 27, [21]-[23] Lachlan Farming Limited [2004] ATP 31, [46] Dromana Estate Limited [2006] ATP 4, [30]-[32] Dromana Estate Limited 01R [2006] ATP 8, [36]-[48] Altius Mining Limited [2012] ATP 17, [29]-[32] Sherwin Iron Limited [2014] ATP 12, [28] Wollongong Coal Limited [2014] ATP 21, [32]-[34] Celamin Holdings NL [2014] ATP 22, [48]-[53]

28/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Timing of rights issue Rivkin Financial Services Limited 02 [2005] ATP 2, [58]-[61] Transurban Group [2010] ATP 5, [28]-[30] Underwriting Precious Metals Australia Limited [2002] ATP 5 Anaconda Nickel Limited 02-05 [2003] ATP 4 Anaconda Nickel Limited 08 [2003] ATP 7, [32] InvestorInfo Limited [2004] ATP 6, [47]-[48] Emperor Mines Limited 01 [2004] ATP 24, [75]-[82], [125]-[126] Emperor Mines Limited 01R [2004] ATP 27, [28]-[30] Rivkin Financial Services Limited 02 [2005] ATP 2, [62]-[67] IP3 Systems Limited [2005] ATP 7, [81] Stericorp Limited [2005] ATP 9, [59]-[65] Dromana Estate Limited [2006] ATP 4, [23]-[25] Bisalloy Steel Group Limited [2008] ATP 29, [45]-[49] Vesture Limited 02 [2010] ATP 15, [39]-[42] Real Estate Capital Partners USA Property Trust [2012] ATP 6, [44]-[47] MacarthurCook Property Securities Fund 01 & 02 [2012] ATP 7, [46]-[48] Altius Mining Limited [2012] ATP 17, [22]-[28] Laneway Resources Limited [2013] ATP 7 Coppermoly Limited [2013] ATP 8, [28]-[38] Gondwana Resources Limited [2014] ATP 9, [33] Sherwin Iron Limited [2014] ATP 12, [29] Wollongong Coal Limited [2014] ATP 21, [28], [31] Celamin Holdings NL [2014] ATP 22, [38]-[47] Celamin Holdings NL 01R [2014] ATP 23, [19]-[20] Underwriting condition - Panel proceedings Anaconda Nickel Limited 02-05 [2003] ATP 4, [33]-[34], [141]-[142] Underwriting - priority Celamin Holdings NL [2014] ATP 22, [38]-[41] Underwriting fee Stericorp Limited [2005] ATP 9, [81]-[83] Real Estate Capital Partners USA Property Trust [2012] ATP 6, [51]-[52] Celamin Holdings NL [2014] ATP 22, [42]-[47] Celamin Holdings NL 01R [2014] ATP 23, [19]-[20] Withdrawn Phosphate Resources Limited [2003] ATP 3, [32]-[35] Gladstone Pacific Nickel Limited [2010] ATP 12 Laneway Resources Limited [2013] ATP 7 SCHEME OF ARRANGEMENT Class meetings RHG Limited [2013] ATP 10, [27] Collateral benefit RHG Limited [2013] ATP 10, [26]-[30] Conduct proceedings Pasminco Limited (Administrators Appointed) [2002] ATP 6, [61]-[64] Alinta Limited 01R [2006] ATP 19 BC Iron Limited [2011] ATP 6 Deal protection mechanisms Vision Systems Limited 02 [2006] ATP 33 Declaration of unacceptable circumstances Alinta Limited 01R [2006] ATP 19, [42] Decline to conduct St Barbara Mines Limited [2000] ATP 10, [33]-[35] Magna Pacific (Holdings) Limited 05 [2007] ATP 16, [12]-[13] Flinders Mines Limited [2012] ATP 9, [44] RHG Limited [2013] ATP 10, [25]

Deed of Company Arrangement Pasminco Limited (Administrators Appointed) [2002] ATP 6, [81]-[88] Implementation Agreement BC Iron Limited [2011] ATP 6 Panel's role St Barbara Mines Limited [2000] ATP 10, [21]-[32] National Can Industries Limited 01 [2003] ATP 35, [76] Anaconda Nickel Limited 02-05 [2003] ATP 4, [44], [46], [73] Village Roadshow Limited [2004] ATP 4, [86]-[88] RHG Limited [2013] ATP 10, [25] Scheme booklet BC Iron Limited [2011] ATP 6 RHG Limited [2013] ATP 10, [42]-[46] SECURITIES Bid class Taipan Resources NL 07 [2000] ATP 18, [25]-[37] Convertible notes Mintails Limited [2011] ATP 11, [27], [31] Derivatives Austral Coal Limited 02 [2005] ATP 11 Austral Coal Limited 02R [2005] ATP 16 Austral Coal Limited 02RR [2005] ATP 20 BioProspect Limited 01 [2008] ATP 8, [43]-[47] MacarthurCook Property Securities Fund 01 & 02 [2012] ATP 7, [56] Virgin Australia Holdings Limited [2013] ATP 15, 43]-[47]

29/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Options Skywest Limited 04 [2004] ATP 26 Nexus Energy Limited [2006] ATP 25, [42]-[46] Gondwana Resources Limited [2014] ATP 9, [17]-[32] Partly paid securities as consideration See Consideration - Listed Scrip See Consideration - Unlisted Scrip Preference shares Email Limited 03 [2000] ATP 5 Village Roadshow Limited [2004] ATP 4, [42]-[49]

Stapled securities Colonial First State Property Trust Group 03 [2002] ATP 17, [16], [31] The President's Club Limited [2012] ATP 10, [66]-[74]

Top up notes Consolidated Minerals Limited 03 [2007] ATP 25 Treasury shares/ units LinQ Resources Fund [2012] ATP 21 Units in a managed investment scheme General Property Trust [2004] ATP 30, [68]-[73] SHAREHOLDER Position of shareholder re accepting a bid Brickworks Limited 02 [2000] ATP 8, [67]-[69] Consolidated Minerals Limited [2007] ATP 20, [35]-[52] MYOB Limited [2008] ATP 27, [14]-[42] SHARHEOLDERS' MEETING See Meetings

STANDING Isis Communications Limited [2002] ATP 10, [19]-[21] Austar United Communications Limited [2003] ATP 16, [52]-[56] PowerTel Limited 02 [2003] ATP 28, [4] Village Roadshow Limited 02 [2004] ATP 12, [48] LV Living Limited [2005] ATP 5, [51]-[54] Qantas Airways Limited [2007] ATP 1, [53]-[56] Bowen Energy Limited [2007] ATP 22, [19] Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [60] Leighton Holdings Limited 02R [2010] ATP 14, [12]-[16] Virgin Australia Holdings Limited [2013] ATP 15, [20] Lantern Hotel Group [2014] ATP 6, [15] Aspen Parks Property Fund 01 & 02 [2014] ATP 19, [27]-[29] Celamin Holdings NL [2014] ATP 22, [25]-[29] Celamin Holdings NL 01R [2014] ATP 23, [12]-[15] Yancoal Australia Limited [2014] ATP 24, [30]-[33] STANDSTILL International All Sports Limited [2009] ATP 4 International All Sports Limited 01R [2009] ATP 5 SUBSTANTIAL HOLDING NOTICE Austar United Communications Limited [2003] ATP 16 AuIron Energy Limited [2003] ATP 31, [108]-[109] Grand Hotel Group Limited [2003] ATP 34, [33]-[49] National Can Industries Limited 01 [2003] ATP 35, [59]-[69] Anaconda Nickel Limited 16-17 [2003] ATP 15, [52] Rivkin Financial Services Limited [2004] ATP 14, [24]-[25] National Foods Limited [2005] ATP 8, [51]-[81] National Foods Limited [2005] ATP 10 LV Living Limited [2005] ATP 5, [108]-[117] Austral Coal Limited 02 [2005] ATP 11, [157]-[166], [181]-[183] Austral Coal Limited 03 [2005] ATP 14, [29] Austral Coal Limited 02RR [2005] ATP 20, [83]-[86], [261]-[265] Citect Corporation Limited [2006] ATP 6, [66]-[71], [80]-[83] Rusina Mining NL [2006] ATP 13, [20]-[34] Azumah Resources Limited [2006] ATP 34, [40]-[49], [52]-[53] Bowen Energy Limited [2007] ATP 22, [36]-[40] BigAir Group Limited [2008] ATP 12, [21]-[24] Boulder Steel Limited [2008] ATP 24, [21] Regis Resources Limited [2009] ATP 7, [19], [23], [28] DataDot Technology Limited [2009] ATP 13, [57]-[59] Viento Group Limited 02 [2011] ATP 12, [44]-[46] Bentley Capital Limited 01R [2011] ATP 13, [188] LinQ Resources Fund [2012] ATP 21, [27]-[28] Northern Iron Limited [2014] ATP 11, [37]-[46] Gondwana Resources Limited 02 [2014] ATP 15, [50]-[52] Blackham Resources Limited [2014] ATP 16, [34] History of disclosure requirement Grand Hotel Group Limited [2003] ATP 34, [33]

SUBSTANTIAL INTEREST Acquisition of Anaconda Nickel Limited 16-17 [2003] ATP 15, [32] Anaconda Nickel Limited 19 [2003] ATP 20, [45] Village Roadshow Limited 02 [2004] ATP 12, [27]-[29] Austral Coal Limited 02R [2005] ATP 16, [83]-[84] Austral Coal Limited 02RR [2005] ATP 20, [127]-[145], [233]-[258] Wollongong Coal Limited [2014] ATP 21, [19] 3% creep See Creep 20% or greater MYOB Limited [2008] ATP 27, [42] Gloucester Coal Limited [2009] ATP 6, [32] Gloucester Coal Limited 01R [2009] ATP 9, [24]-[30] Bentley Capital Limited 01R [2011] ATP 13, [189]

30/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Less than 20% GoldLink IncomePlus Limited 04 [2009] ATP 2, [48]

Rising Tide Principle Anaconda Nickel Limited 02-05 [2003] ATP 4, [122] Anaconda Nickel Limited 15 [2003] ATP 17, [46] Anaconda Nickel Limited 16-17 [2003] ATP 15 Substantial holding notices See Substantial holding notice TAKEOVER BID Acceptance facility ALH Limited 03 [2004] ATP 25, [57]-[61] Patrick Corporation Limited 03 [2006] ATP 12 Announcement Realestate.com.au Limited [2001] ATP 1 Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [38] NewSat Limited [2009] ATP 20, [11], [17]-[28] Bid conditions See Bid conditions Bid consideration - accelerated payment Ranger Minerals Limited [2002] ATP 11, [50]

Bid consideration - ability to fund National Can Industries Limited 01 [2003] ATP 35, [78]-[80] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [47]-[51], [54]-[63], [68]-[75] NewSat Limited [2009] ATP 20, [11], [20]-[26], [29]-[30] Bid consideration - nominal value NewSat Limited [2009] ATP 20, [11], [19] Premium Income Fund [2011] ATP 10, [50] Bid period Gosford Quarry Holdings Limited [2008] ATP 11, [45] Gosford Quarry Holdings Limited 01R [2008] ATP 13, [20] Premium Income Fund [2011] ATP 10, [21]-[31]

Colourable compliance PowerTel Limited 02 [2003] ATP 28, [42]-[48]

Communications with shareholders outside target's and bidder's statements PowerTel Limited 02 [2003] ATP 28, [55]-[57] Drillsearch Energy Limited 01 [2009] ATP 10, [23]-[27] Drillsearch Energy Limited 02 [2009] ATP 11, [13]-[17] Foster's Group Limited [2011] ATP 15 Disposal of bid class securities during bid period Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [41] NewSat Limited [2009] ATP 20, [11], [31] Effect on rights issue Anaconda Nickel Limited 02-05 [2003] ATP 4, [112]-[120] Enough time to consider new information Brisbane Broncos Limited 04 [2002] ATP 4, [40] Anaconda Nickel Limited 02-05 [2003] ATP 4, [109] ALH Limited 03 [2004] ATP 25, [29]-[45]

Item 7 meeting Pasminco Limited (Administrators Appointed) [2002] ATP 6, [98] Focus Technologies Limited [2002] ATP 8, [26]-[31] Colonial First State Property Trust Group 01 [2002] ATP 15, [15]-[17], 43]-[50] PowerTel Limited 01 [2003] ATP 25 PowerTel Limited 02 [2003] ATP 28, [49]-[71] Joint bid relief Prudential Inv Co of Aust Limited [2003] ATP 36 Lion-Asia Resources Pte Ltd [2009] ATP 25 Tranzact Financial Services Limited [2014] ATP 3, 30]-[33] Minimum acceptance condition Brickworks Limited 02 [2000] ATP 8, [63] Bigshop.com.au Limited [2001] ATP 20, [41]-[43] Brisbane Broncos Limited 04 [2002] ATP 4, [49] BreakFree Limited 03 and 04 [2003] ATP 38 and 39, [100] Lion-Asia Resources Pte Ltd [2009] ATP 25, [51]-[54] Offer period See Offer period On-market takeover bid Gosford Quarry Holdings Limited [2008] ATP 11 Gosford Quarry Holdings Limited 01R [2008] ATP 13 Premium Queensland Ores Limited [2009] ATP 8, [15]-[18] Proportional takeover bid GoldLink IncomePlus Limited 04 [2009] ATP 2 GoldLink IncomePlus Limited 04R [2009] ATP 3

Remedy for agreement PowerTel Limited 02 [2003] ATP 28, [34] Reverse takeover See Reverse takeover Right to withdraw See Withdrawal rights Variation of offer Allegiance Mining NL [2008] ATP 3, [31] Gosford Quarry Holdings Limited 01R [2008] ATP 13, [19] Voting on by shareholders Careers Australia Group Limited [2013] ATP 5, [34]-[38] Careers Australia Group Limited 02R [2013] ATP 6, [25]-[26]

31/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

TAKEOVERS THRESHOLD LV Living Limited [2005] ATP 5, [87]-[101] Bridgewater Lake Estate Limited [2006] ATP 3, [93]-[95] Ross Human Directions Limited [2010] ATP 8, [24] TARGET

Letter to shareholders Taipan Resources NL 01 [2000] ATP 11, [31]

TARGET BOARD See Directors

TARGET'S STATEMENT Buy-back - disclosure Coopers Brewery Limited 03 [2005] ATP 22, [27]-[44] Chairman's letter included Normandy Mining Limited 01 [2001] ATP 27, [41]-[50]

Conditions - likelihood bid condition triggered ALH Group Limited 02 [2004] ATP 21, [7]-[11] Consent to include statement Normandy Mining Limited 01 [2001] ATP 27, [41]-[50] Great Mines Limited [2004] ATP 1, [57]-[61] Mildura Co-operative Fruit Company Limited [2004] ATP 5, [40]-[51] Bullabulling Gold Limited [2014] ATP 8, [25], [34]-[38] Consideration - value of WMC Resources Limited [2005] ATP 3, [12]-[28] Debt - conditions Novus Petroleum Limited [2004] ATP 2, [27]-[30] Delay Tranzact Financial Services Limited [2014] ATP 3, [13], [16]-[20] Directors' recommendation Queensland Gas Company Limited [2006] ATP 36, [19]-[32] Origin Energy Limited 02 [2008] ATP 23, [16]-[18] Tully Sugar Limited [2009] ATP 26, [52]-[57] Tully Sugar Limited 01R [2010] ATP 1, [14]-[18] North Queensland Metals Limited 02 [2010] ATP 7, [19]-[28] Gladstone Pacific Nickel Limited [2010] ATP 12, [17]-[24] Northern Energy Corporation Limited [2011] ATP 2, [34] Disclosure Pinnacle VRB Limited 02 [2000] ATP 12, [34]-[37] Normandy Mining Limited 01 [2001] ATP 27, [22]-[27], [33] Goodman Fielder Limited 02 [2003] ATP 5 PowerTel Limited 01 [2003] ATP 25, [15], [18] ALH Group Limited 02 [2004] ATP 21 Mildura Co-operative Fruit Company Limited [2004] ATP 5 Coopers Brewery Limited 04 [2005] ATP 21 Coopers Brewery Limited 03R and 04R [2005] ATP 23 & 24, [68]-[74] Volante Group Limited 02 [2006] ATP 7 Andean Resources Limited [2006] ATP 21, [18] Aztec Resources Limited 02 [2006] ATP 30, [25]-[26] Marathon Resources Limited [2006] ATP 31, [17]-[20] Queensland Gas Company Limited [2006] ATP 36, [41]-[46] Magna Pacific (Holdings) Limited 03 [2007] ATP 08, [5]-[7], [10] Lion Selection Limited [2008] ATP 14, [23]-[32] Origin Energy Limited 02 [2008] ATP 23, [19]-[23] Tully Sugar Limited [2009] ATP 26 North Queensland Metals Limited 02 [2010] ATP 7 Gladstone Pacific Nickel Limited [2010] ATP 12, [25]-[28] Northern Energy Corporation Limited [2011] ATP 2 Minemakers Limited 02R [2012] ATP 16 Expert report - disclosure in target statement Namakwa Diamond Company NL 04 [2001] ATP 15, [11]-[20] Mildura Co-operative Fruit Company Limited [2004] ATP 5, [74]-[81] WMC Resources Limited [2005] ATP 3, [29]-[36] Coopers Brewery Limited 03 [2005] ATP 22, [53]-[54] Queensland Gas Company Limited [2006] ATP 36, [33]-[40] Auspine Limited [2007] ATP 18, [38]-[43] Northern Energy Corporation Limited [2011] ATP 2, [32]-[48] Financial information Volante Group Limited 02 [2006] ATP 7, [33]-[34] Tully Sugar Limited [2009] ATP 26, [33]-[51], [58]-[59] Tully Sugar Limited 01R [2010] ATP 1, [19]-[24] Forecast information PowerTel Limited 02 [2003] ATP 28, [61]-[72] Volante Group Limited 02 [2006] ATP 7, [18]-[29] Marathon Resources Limited [2006] ATP 31, [17]-[18] Tully Sugar Limited [2009] ATP 26, [37]-[40] North Queensland Metals Limited 02 [2010] ATP 7, [30]-[32] Misquoting statements made by the bidder Coopers Brewery Limited 03 [2005] ATP 22, [52] Incorrect or Misleading information Tully Sugar Limited 01R [2010] ATP 1, [25]-[27] North Queensland Metals Limited 02 [2010] ATP 7, [29], [36}-[40] Bullabulling Gold Limited [2014] ATP 8, [20]-[40] Offer premia Universal Resources Limited [2005] ATP 6, [35]-[38] North Queensland Metals Limited 02 [2010] ATP 7, [14]-[18] Omissions North Queensland Metals Limited [2010] ATP 7, [35] Potential bidders Auspine Limited [2007] ATP 18, [55]-[56]

32/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Receiver appointed - asset sale Selwyn Mines Limited [2003] ATP 33 Restraining dispatch Normandy Mining Limited 01 [2001] ATP 27, [10]-[11]

Risk disclosure Marathon Resources Limited [2006] ATP 31, [17]-[18] North Queensland Metals Limited 02 [2010] ATP 7, [33]-[34] Role in redressing Bidder's statement Brickworks Limited 02 [2000] ATP 8, [34]-[40] Magna Pacific (Holdings) Limited [2007] ATP 2, [49]-[52] Shareholder return Auspine Limited [2007] ATP 18, [29]-[37] Share trading Auspine Limited [2007] ATP 18, [53]-[54] Share valuation Goodman Fielder Limited 02 [2003] ATP 5, [22]-[45], [66] Mildura Co-operative Fruit Company Limited [2004] ATP 5, [57]-[69] Coopers Brewery Limited 03 [2005] ATP 22, [45]-[51], [55]-[61] Coopers Brewery Limited 03R and 04R [2005] ATP 23 & 24, [30]-[34] Northern Energy Corporation Ltd [2011] ATP 2 Supplementary target's statement issued Patrick Corporation Limited 04 [2006] ATP 16, [42]-[45] Aztec Resources Limited 02 [2006] ATP 30, [27] Queensland Gas Company Limited [2006] ATP 36, [45]-[46], [48] Magna Pacific (Holdings) Limited 03 [2007] ATP 08, [10] Origin Energy Limited 02 [2008] ATP 23, [16] Tully Sugar Limited [2009] ATP 26, [64] North Queensland Metals Limited 02 [2010] ATP 7, [41]-[44] Takeover defence costs ALH Group Limited 02 [2004] ATP 21, [12]-[14] Target acquisitions Volante Group Limited 02 [2006] ATP 7, [30]-[32] Target share price if bid does not proceed ALH Group Limited 02 [2004] ATP 21, [36]-[40] Tax issues Goodman Fielder Limited 02 [2003] ATP 5, [62]-[65] Auspine Limited [2007] ATP 18, [22]-[28] Valuation-whether required Goodman Fielder Limited 02 [2003] ATP 5, [66] Tully Sugar Limited [2009] ATP 26, [17]-[32] TELEPHONE CANVASSING Lake Technology Limited [2004] ATP 18 Skywest Limited 04 [2004] ATP 26, [98]-[99] TIMETABLE Perilya Limited [2008] ATP 28, [14]

TRACING NOTICE The Gribbles Group Limited [2004] ATP 15 Village Roadshow Limited [2004] ATP 4 Pacific Magnesium Corporation Limited [2005] ATP 12, [30]-[41] Rusina Mining NL [2006] ATP 13, [35]-[40] Azumah Resources Limited [2006] ATP 34, [50]-[53] Viento Group Limited [2011] ATP 1 Northern Iron Limited [2014] ATP 11, [47]-[51] Purpose of tracing notice provisions Village Roadshow Limited [2004] ATP 4, [50]-[53], [78]

TREASURY SHARES See Securities

TRUSTS Bare trustee exception AuIron Energy Limited [2003] ATP 31, [86]-[111] LV Living Limited [2005] ATP 5, [68]-[69] Knights Capital Group Limited [2012] ATP 22

Trust Scheme Colonial First State Property Trust Group 01 [2002] ATP 15, [45], [67]-[109] TRUTH IN TAKEOVERS Application of policy Taipan Resources NL 06 [2000] ATP 15, [22]-[28] Prudential Inv Co of Aust Limited [2003] ATP 36, [63]-[64] BreakFree Limited 03 and 04 [2003] ATP 38 and 39 Anaconda Nickel Limited 18 [2003] ATP 18, [33] BreakFree Limited 04R [2003] ATP 42, [62]-[70] Novus Petroleum Limited 02 [2004] ATP 9, [21], [28]-[32] ALH Limited 03 [2004] ATP 25, [46]-[56] Andean Resources Limited [2006] ATP 21, [16] Summit Resources Limited [2007] ATP 9, [22]-[32] Rinker Group Limited 02 [2007] ATP 17, [27]-[52] Rinker Group Limited 02R [2007] ATP 19, [39]-[113] Consolidated Minerals Limited 03R [2007] ATP 28, [41] Golden West Resources Limited 03 and 04 [2008] ATP 1, [26]-[34], [47] Lion-Asia Resources Pte Ltd [2009] ATP 25, [55]-[64] Ludowici Limited [2012] ATP 3, [38]-[39] Ludowici Limited [2012] ATP 4, [30] Alesco Corporation Limited 01 and 02 [2012] ATP 14, [53]-[58] Alesco Corporation Limited 03 [2012] ATP 18, [28]-[33] Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [21]-[47] Bullabulling Gold Limited [2014] ATP 8, [29]-[33] Envestra Limited [2014] ATP 13, [21]-[25] Yancoal Australia Limited [2014] ATP 24, [106]

33/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

Fresh bid Taipan Resources NL 06 [2000] ATP 15, [34]-[39] Misleading and deceptive BreakFree Limited 04R [2003] ATP 42, [53] Bullabulling Gold Limited [2014] ATP 8, [16]-[17] Suggestion that party might be held to a statement Patrick Corporation Limited [2005] ATP 17, [22] Third party statement BreakFree Limited 03 and 04 [2003] ATP 38 and 39, [113]-[149] Bullabulling Gold Limited [2014] ATP 8, [13]-[17], [22]-[24], [30] UNACCEPTABLE CIRCUMSTANCES Contributed by applicant Sherwin Iron Limited [2014] ATP 12, [35] Effect Pinnacle VRB Limited 11 [2001] ATP 23, [16]

Existing Taipan Resources NL 04 [2000] ATP 16, [27]

Ongoing Anzoil NL 01 [2002] ATP 19, [65] Phosphate Resources Limited [2003] ATP 3, [25] Trysoft Corporation Limited [2003] ATP 26, [95]-[99] Austral Coal Limited 03, [2005] ATP 14, [19] Touch Holdings Limited [2013] ATP 3, [28] oOh!media Group Limited [2011] ATP 9, [20]-[25] The President's Club Limited [2012] ATP 10, [40] Northern Iron Limited [2014] ATP 11, [29]-[30] Proper purpose - relevance Pinnacle VRB Limited 08 [2001] ATP 17, [61]-[64] Envestra Limited [2014] ATP 13, [17]-[18] Technical contravention Normandy Mining Limited 02 [2001] ATP 28, [35] Uncertainty AMP Shopping Centre Trust 01 [2003] ATP 21, [62]-[65] UNDERTAKINGS Accepted - declined to make declaration Infratil Australia Limited 02 [2000] ATP 1, [60] Pinnacle VRB Limited 08 [2001] ATP 17, [2] Bigshop.com.au Limited [2001] ATP 20 Normandy Mining Limited 05 [2001] ATP 29, [29]-[30] Brisbane Broncos Limited 03 [2002] ATP 3, [144]-[154] Ausdoc Group Limited [2002] ATP 9, [4] Aurion Gold Limited [2002] ATP 13, [90] Online Advantage Limited [2002] ATP 14, [62]-[67] Colonial First State Property Trust Group 01 [2002] ATP 15, [142]-[143] National Can Industries Limited 01 [2003] ATP 35 QR Sciences Limited [2003] ATP 37, [64]-[68] National Can Industries Limited 01R [2003] ATP 40 National Foods Limited [2005] ATP 8, [48]-[50],[82]-[89] Coopers Brewery Limited 01 [2005] ATP 18, [26] Patrick Corporation Limited 02 [2006] ATP 10, [36], [40] Wattyl Limited [2006] ATP 11, [95] Alinta Limited 02 [2006] ATP 14, [88]-[90] Tower Software Engineering Pty Limited 01 [2006] ATP 20, [89] Andean Resources Limited [2006] ATP 21, [3] Aztec Resources Limited [2006] ATP 28, [58] Rinker Group Limited [2006] ATP 35, [46]-[48], [122] Qantas Airways Limited [2007] ATP 1, [62] BioProspect Limited 01 [2008] ATP 8, [68]-[73] InterMet Resources Limited [2008] ATP 17, [32]-[34] Babcock & Brown Communities Group [2008] ATP 25, [37]-[40] Perilya Limited [2008] ATP 28, [29]-[30] Rey Resources Limited [2009] ATP 14, [24]-[26] Northern Energy Corporation Limited [2011] ATP 2 oOh!media Group Limited [2011] ATP 9, [62]-[75] Mintails Limited [2011] ATP 11, [31] Bentley Capital Limited 01R [2011] ATP 13, [190]-[191] Careers Australia Group Limited [2012] ATP 5, [27] Austock Group Limited [2012] ATP 12, [34]-[36] Mission NewEnergy Limited [2012] ATP 19 LinQ Resources Fund [2012] ATP 21, [22]-[24] Knights Capital Group Limited [2012] ATP 22 Moreton Resources Limited [2013] ATP 14, [47]-[48] Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [76]-[81] Tigers Realm Coal Limited [2014] ATP 2, [87]-[91] Bullabulling Gold Limited [2014] ATP 8, [39] Accepted - following a declaration Trysoft Corporation Limited [2003] ATP 26, [117]-[120] Rivkin Financial Services Limited 02 [2005] ATP 1, [68]-[74] Gondwana Resources Limited [2014] ATP 9, [47] ASIC relief Goodman Fielder Limited 01 [2003] ATP 1, [97]-[99] Consent to withdraw Brisbane Broncos Limited 03 [2002] ATP 3, [84]-[85] Anaconda Nickel Limited 01 [2003] ATP 2, [38] Anaconda Nickel Limited 14 [2003] ATP 13 Patrick Corporation Limited 04 [2006] ATP 16, [37]-[41] Enforcement Tower Software Engineering Pty Limited 02 [2006] ATP 26, [96]

34/35 Australian Government Takeovers Panel Index of Decisions - By Topic - 2000-2014 - As at 8 April 2015

In lieu of interim orders Email Limited 01 [2000] ATP 3, [27]-[30] Email Limited 03 [2000] ATP 5, [3] SteriCorp Limited [2005] ATP 9, [29]-[32] Austral Coal Limited 02 [2005] ATP 11, [260]-[263] Tower Software Engineering Pty Limited 01 [2006] ATP 20, [16]-[18] Magna Pacific (Holdings) Limited [2007] ATP 2, [14] Accent Resources Limited [2007] ATP 14 BioProspect Limited 01 [2008] ATP 8, [11]-[13] Programmed Maintenance Services Limited 02 [2008] ATP 9, [12]-[15] Lion Selection Limited 02 [2008] ATP 16, [17] InterMet Resources Limited [2008] ATP 17, [12]-[14] GoldLink Income Plus Limited 03 [2008] ATP 21, [9]-[10] Just Group Limited [2008] ATP 22, [10]-[12] Ludowici Limited [2012] ATP 3, [18]-[20] Careers Australia Group Limited [2012] ATP 5, [13] Minemakers Limited [2012] ATP 8, [17]-[19] Careers Australia Group Limited [2013] ATP 5, [22]-[24] Laneway Resources Limited [2013] ATP 7, [15]-[16] Yancoal Australia Limited [2014] ATP 24, [28] Variation Anaconda Nickel Limited 13 [2003] ATP 12 Withdrawal Vincorp Wineries Ltd [2001] ATP 6, [63]-[66]

UNDERVALUE STATEMENTS See Directors UNDERWRITING See Rights Issues VALMIN Compliance Universal Resources Limited [2005] ATP 6, [26]-[28] Bowen Energy Limited 02 [2009] ATP 16, [44]-[48] Bowen Energy Limited 02R [2009] ATP 19, [64]-[77] VOTING POWER The President's Club Limited [2012] ATP 10, [91]-[93] Fetter RCL Group Limited [2012] ATP 2, [19]

Rising Tide Principle Anaconda Nickel Limited 02-05 [2003] ATP 4, [122] Anaconda Nickel Limited 15 [2003] ATP 17, [46] Anaconda Nickel Limited 16-17 [2003] ATP 15 WAREHOUSING oOh!media Group Limited [2011] ATP 9, [59]-[61] WITHDRAWAL RIGHTS Vincorp Wineries Ltd [2001] ATP 6, [61] Namakwa Diamond Company NL 02 [2001] ATP 9, [37] Brisbane Broncos Limited 01 and 02 [2002] ATP 1 Ranger Minerals Limited [2002] ATP 11, [47]-[49] Goodman Fielder Limited 01 [2003] ATP 1, [56]-[57] Golden West Resources Limited 03 and 04 [2008] ATP 1, [35]-[43] Golden West Resources Limited 04R [2008] ATP 2 Allegiance Mining NL [2008] ATP 3 Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [27]-[43] BC Iron Limited [2011] ATP 6 Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [77]

Binding contract Pinnacle VRB Limited 11 [2001] ATP 23, [42]-[44]

35/35

Australian Government Takeovers Panel

Index of Reasons By Legislation

2000-2014 Published 8 April 2015

Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

Corporations Act

s9 'Panel Proceedings' GoldLink IncomePlus Limited 04R [2009] ATP 3, [11] s9 'Relevant Agreement' Isis Communications Limited [2002] ATP 10 Winepros Limited [2002] ATP 18, [26] World Oil Resources Limited [2013] ATP 1, [52] Touch Holdings Limited [2013] ATP 3 s9 'Voting Share' The President's Club Limited [2012] ATP 10, [77] s12 Taipan Resources NL 03 [2000] ATP 17, [72]-[79] (Corp Law 12) Winepros Limited [2002] ATP 18 Anzoil NL 01 [2002] ATP 19, [52]-[60] Aztec Resources Limited [2006] ATP 28, [37]-[41] BigAir Group Limited [2008] ATP 12 Mesa Minerals Limited [2010] ATP 4, [41] CMI Limited [2011] ATP 4 CMI Limited 01R [2011] ATP 5 ComOps Limited [2011] ATP 7 Bentley Capital Limited [2011] ATP 8 Viento Group Limited 02 [2011] ATP 12 Bentley Capital Limited 01R [2011] ATP 13 Avalon Minerals Limited [2013] ATP 10 Scantech Limited [2014] ATP 20 s12(2) Online Advantage Limited [2002] ATP 14 National Foods Limited [2005] ATP 8, [55]-[65] Austral Coal Limited 02 [2005] ATP 13, [224]-[242] Orion Telecommunications Limited [2006] ATP 23 Mount Gibson Iron Limited [2008] ATP 4 GoldLink IncomePlus Limited [2008] ATP 5 Midwest Corporation Limited [2008] ATP 15 Boulder Steel Limited [2008] ATP 24, [22]-[24] Regis Resources Limited [2009] ATP 7, [14] Gloucester Coal Limited 01R [2009] ATP 9, [31], [37] DataDot Technology Limited [2009] ATP 13, [40]-[45] Bowen Energy Limited 02 [2009] ATP 16 Bowen Energy Limited 02R [2009] ATP 19, [85]-[98] Crescent Gold Limited 02 [2011] ATP 14 World Oil Resources Limited [2013] ATP 1 Winpar Holdings Limited [2013] ATP 2 Touch Holdings Limited [2013] ATP 3 Avalon Minerals Limited [2013] ATP 10 Tigers Realm Coal Limited [2014] ATP 2, [31]-[52] Dragon Mining Limited [2014] ATP 5, [27]-[29] Ambassador Oil & Gas Limited [2014] ATP 14 Celamin Holdings NL [2014] ATP 22, [58]-[60] Celamin Holdings NL 01R [2014] ATP 23, [24] s15 CMI Limited 01R [2011] ATP 5, [17]-[20] s16 Taipan Resources NL 03 [2000] ATP 17, [81] (Corp Law 16(1)(a)) Austral Coal Limited 02 [2005] ATP 11, [243]-[245] Bentley Capital Limited 01R [2011] ATP 13, [96]-[118]

1/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s50AA Village Roadshow Limited 02 [2004] ATP 12, [31]-[40] Bowen Energy Limited [2007] ATP 22, [26]-[35] GoldLink Growthplus Limited [2007] ATP 23, [13]-[19] Padbury Mining Limited [2010] ATP 9, [14] RCL Group Limited [2012] ATP 2, [17] s50AA(3) Mesa Minerals Limited [2010] ATP 4, [84] s53 LV Living Limited [2005] ATP 5, [76]-[78] CMI Limited [2011] ATP 4 Bentley Capital Limited 01R [2011] ATP 13 Crescent Gold Limited 02 [2011] ATP 14, [28], [31], [38]-[39] s64 Touch Holdings Limited [2013] ATP 3, [75] s169 Gondwana Resources Limited [2014] ATP 9, [24]

s210 Precious Metals Australia Limited [2002] ATP 5, [16]-[17] National Can Industries Limited 01 [2003] ATP 35, [52] LinQ Resources Fund [2012] ATP 21, [31] Yancoal Australia Limited [2014] ATP 24, [105] s228 Minemakers Limited [2012] ATP 8, [36]-[38] s231 Alinta Limited 02 [2006] ATP 14

s232 Taipan Resources NL 02 [2000] ATP 13 (Corp Law 232) s237 Careers Australia Group Limited 02R [2013] ATP 6, [21] s249D Accent Resources Limited [2007] ATP 14 GoldLink Growthplus Limited [2007] ATP 23, [4] GoldLink IncomePlus Limited [2008] ATP 5 BigAir Group Limited [2008] ATP 12 Boulder Steel Limited [2008] ATP 24 Regis Resources Limited [2009] ATP 7, [4]-[5] ComOps Limited [2011] ATP 7 IFS Construction Services Limited [2012] ATP 15 Knights Capital Group Limited [2012] ATP 22, [8] Hastings Rare Metals Limited [2013] ATP 13 Argosy Minerals Limited [2014] ATP 7 Sherwin Iron Limited [2014] ATP 12, [26] Blackham Resources Limited [2014] ATP 16, [50] s249N Winpar Holdings Limited [2013] ATP 2, [7]-[8] s249P Grand Hotel Group Limited [2003] ATP 34, [25] ComOps Limited [2011] ATP 7, [57]-[58] s249W IFS Construction Services Limited [2012] ATP 15 s250A Lion Selection Limited 02 [2008] ATP 16 IFS Construction Services Limited [2012] ATP 15

252D Grand Hotel Group Limited [2003] ATP 34, [25]

s256B Alinta Limited 02 [2006] ATP 14

2/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s256C Alinta Limited 02 [2006] ATP 14 s257A Village Roadshow Limited 03 [2004] ATP 22, [17], [31]-[32] s257C Village Roadshow Limited 03 [2004] ATP 22, [29], [39], [41] s259A Brickworks Limited 02 [2000] ATP 8, [51]-[53] (Corp Law 259A) s259C Alinta Limited 01 [2006] ATP 15 s259E Alinta Limited 01 [2006] ATP 15 s260A Tigers Realm Coal Limited [2014] ATP 2, [81]-[85] Yancoal Australia Limited [2014] ATP 24, [104]

s411 Magna Pacific (Holdings) Limited 02 [2007] ATP 3 Flinders Mines Limited [2012] ATP 9 s601CD Skywest Limited [2004] ATP 10, [94]-[98]

601FM Grand Hotel Group Limited [2003] ATP 34, [25]

s601GC Colonial First State Property Trust Group 01 [2002] ATP 15, [10] s601GC(1)(b) MacarthurCook Property Securities Fund 01 & 02 [2012] ATP 7, [18] s601LC LinQ Resources Fund [2012] ATP 21, [14], [29]-[31] s602 Infratil Australia Limited 02 [2000] ATP 1, [17]-[22] (Corp Law 602) Vincorp Wineries Limited [2001] ATP 6, [43] Pinnacle VRB Limited 04 [2001] ATP 7, [4]-[7] Pinnacle VRB Limited 11 [2001] ATP 23, [22]-[23], [50] Normandy Mining Limited 05 [2001] ATP 29, [21] Focus Technologies Limited [2002] ATP 8, [31] Village Roadshow Limited [2004] ATP 4, [51] World Oil Resources Limited [2013] ATP 1 Careers Australia Group Limited [2013] ATP 5 Coppermoly Limited [2013] ATP 8 Billabong International Limited [2013] ATP 9 RHG Limited [2013] ATP 10 STI-Global Limited [2013] ATP 12, [46] Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16 PaperlinX SPS Trust [2014] ATP 1 Argosy Minerals Limited [2014] ATP 7, [28] Wollongong Coal Limited [2014] ATP 21 Celamin Holdings NL [2014] ATP 22, [35]

3/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s602(a) Cobra Resources Limited [2003] ATP 23, [57] Anaconda Nickel Limited 18 [2003] ATP 18, [28] Alinta Limited 01 [2006] ATP 15 Nexus Energy Limited [2006] ATP 17 Australian Pipeline Trust 01R [2006] ATP 29, [91] Vision Systems Limited 02 [2006] ATP 33, [20]-[25] Rinker Group Limited 02R [2007] ATP 19, [54] Golden West Resources Limited 01 [2007] ATP 31, [11] Hastings Diversified Utilities Fund [2012] ATP 1, [13] Ludowici Limited [2012] ATP 3, [29] Ludowici Limited 01R(a) and (b) [2012] ATP 4, [25] Alesco Corporation 01 & 02 [2012] ATP 14, [25] Moreton Resources Limited [2013] ATP 14, [42] Virgin Australia Holdings Limited [2013] ATP 15 Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [48]-[54] Gondwana Resources Limited 02 [2014] ATP 15, [32] s602(b)(i) Alinta Limited 01 [2006] ATP 15 Sydney Gas Limited 02 [2006] ATP 18 Firestone Energy Limited [2013] ATP 4, [72] Moreton Resources Limited [2013] ATP 14, [38], [41], [42] s602(b)(ii) ALH Limited 03 [2004] ATP 25, [35] Alinta Limited 01 [2006] ATP 15 s602(b)(iii) Infratil Australia Limited 01 [2000] ATP 2, [22]-[27], [47]-[49] (Corp Law 602) Sydney Gas Limited [2006] ATP 9, [27] Patrick Corporation Limited 04 [2006] ATP 16 Nexus Energy Limited [2006] ATP 17 Sydney Gas Limited 02 [2006] ATP 18 Australian Pipeline Trust 01R [2006] ATP 29, [93]-[94] Queensland Gas Company Limited [2006] ATP 36 Golden Circle Limited 02 [2007] ATP 24 Golden West Resources Limited 01 [2007] ATP 31, [11] Midwest Corporation Limited [2007] ATP 33, [17] Alesco Corporation 01 & 02 [2012] ATP 14, [25] s602(c) Email Limited 03 [2000] ATP 5, [34] (Corp Law 602) Advance Property Fund [2000] ATP 7, [32] (Corp Law 602) Brickworks Limited 02 [2000] ATP 8, [47] (Corp Law 602) Normandy Mining Limited 04 [2001] ATP 31, [6] Normandy Mining Limited 06 [2001] ATP 32, [19]-[23] Anaconda Nickel Limited 19 [2003] ATP 20, [33] Village Roadshow Limited 03 [2004] ATP 22, [37]-[38] Skywest Limited 04 [2004] ATP 26 Patrick Corporation Limited 03 [2006] ATP 12 GasNet Australia Limited [2006] ATP 22 Australian Pipeline Trust 01 [2006] ATP 27, [85]-[86] Australian Pipeline Trust 01R [2006] ATP 29, [91] Rinker Group Limited [2006] ATP 35 Becker Group Limited [2007] ATP 13, [50]-[78] The President's Club Limited [2012] ATP 10, [70] Virgin Australia Holdings Limited [2013] ATP 15, [33]-[42] Gondwana Resources Limited 02 [2014] ATP 15, [32] s602(d) Colonial First State Property Trust Group 01 [2002] ATP 15, [60] s602A RCL Group Limited [2012] ATP 2, [18]

4/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s606 Brickworks Limited 02 [2000] ATP 8, [67]-[69] (Corp Law 606) St Barbara Mines Limited [2000] ATP 10, [16]-[20] (Corp Law 615) Taipan Resources NL 09 [2001] ATP 4, [38]-[46] Namakwa Diamond Company NL 01 [2001] ATP 8, [56] Alpha Healthcare Limited [2001] ATP 13, [16]-[22] Isis Communications Limited [2002] ATP 10, [73] Anzoil NL 01 [2002] ATP 19, [43]-[48] Anaconda Nickel Limited 01 [2003] ATP 2 Anaconda Nickel Limited 15 [2003] ATP 17 Anaconda Nickel Limited 16-17 [2003] ATP 15, [10]-[12] Anaconda Nickel Limited 18 [2003] ATP 18, [10] Anaconda Nickel Limited 19 [2003] ATP 20 Trysoft Corporation Limited [2003] ATP 26, [61]-[67] LV Living Limited [2005] ATP 5, [87]-[101] Bridgewater Lake Estate Limited [2006] ATP 3, [93]-[95] Rusina Mining NL [2006] ATP 13 Orion Telecommunications Limited [2006] ATP 23, [108] Sedimentary Holdings Limited [2006] ATP 24, [21] Australian Pipeline Trust 01 [2006] ATP 27, [63]-[68] Azumah Resources Limited [2006] ATP 34 Mount Gibson Iron Limited [2008] ATP 4 GoldLink IncomePlus Limited [2008] ATP 5 BioProspect Limited 02 [2008] ATP 6 BioProspect Limited 01 [2008] ATP 8, [62]-[64] Gosford Quarry Holdings Limited [2008] ATP 11 BigAir Group Limited [2008] ATP 12, [13], [25] Boulder Steel Limited [2008] ATP 24, [25]-[27] MYOB Limited [2008] ATP 27, [33] Bisalloy Steel Group Limited [2008] ATP 29 DataDot Technology Limited [2009] ATP 13 Blue Energy Limited [2009] ATP 15 Bowen Energy Limited 02 [2009] ATP 16, [61]-[67] Multiplex Prime Property Fund 03 [2009] ATP 22, [29], [43], [53], [59] Lion-Asia Resources Pte Ltd [2009] ATP 25, [15], [24] Mesa Minerals Limited [2010] ATP 4, [36]-[37] Ross Human Directions Limited [2010] ATP 8, [24] Viento Group Limited [2011] ATP 1 Brockman Resources Limited [2011] ATP 3 CMI Limited [2011] ATP 4, [122] ComOps Limited [2011] ATP 7, [43] oOh!media Group Limited [2011] ATP 9 Viento Group Limited 02 [2011] ATP 12 Bentley Capital Limited 01R [2011] ATP 13, [83], [165], [186] Crescent Gold Limited 02 [2011] ATP 14 Careers Australia Group Limited [2012] ATP 5, [21] The President's Club Limited [2012] ATP 10, [98] Knights Capital Group Limited [2012] ATP 22, [19], [27] World Oil Resources Limited [2013] ATP 1 Touch Holdings Limited [2013] ATP 3, [93] Firestone Energy Limited [2013] ATP 4, [26]-[49] STI-Global Limited [2013] ATP 12 Lantern Hotel Group [2014] ATP 6, [19]-[23] Ambassador Oil & Gas Limited [2014] ATP 14, [65]-[66] Blackham Resources Limited [2014] ATP 16, [52], [61] Scantech Limited [2014] ATP 20, [18]-[23] S608(1) Aliquot Asset Management Limited [2003] ATP 19 oOh!media Group Limited [2011] ATP 9, [41] Touch Holdings Limited [2013] ATP 3, [68], [87] Tigers Realm Coal Limited [2014] ATP 2, [58]-[68] Scantech Limited [2014] ATP 20, [18]

5/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s608(2) Austral Coal Limited 02RR [2005] ATP 20, [176]-[183] Viento Group Limited [2011] ATP 1 The President's Club Limited [2012] ATP 10, [84] s608(3) Taipan Resources NL 09 [2001] ATP 4, [40] Austral Coal Limited 02RR [2005] ATP 20, [250]-[251] Dromana Estate Limited 01R [2006] ATP 8, [34] Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [40], [42], [53]-[54] Leighton Holdings Limited 02R [2010] ATP 14, [17]-[18] Bentley Capital Limited 01R [2011] ATP 13, [166] The President's Club Limited [2012] ATP 10, [84], [87]-[88] LinQ Resources Fund [2012] ATP 21, [27]-[28] STI-Global Limited [2013] ATP 12, [38] Dragon Mining Limited [2014] ATP 5, [32] s608(8) Crescent Gold Limited 02 [2011] ATP 14 Tigers Realm Coal Limited [2014] ATP 2, [58]-[68] Lantern Hotel Group [2014] ATP 6, [23] Scantech Limited [2014] ATP 20, [19] s609(1) Rivkin Financial Services Limited [2004] ATP 14, [25] BioProspect Limited 01 [2008] ATP 8, [50]-[55] s609(2) AuIron Energy Limited [2003] ATP 31, [86]-[111] Anaconda Nickel Limited 18 [2003] ATP 18, [10] Anaconda Nickel Limited 19 [2003] ATP 20, [58] LV Living Limited [2005] ATP 5, [68]-[69] Knights Capital Group Limited [2012] ATP 22 s609(7) Australian Pipeline Trust 01 [2006] ATP 27, [61]-[62] Australian Pipeline Trust 01R [2006] ATP 29, [83]-[89] oOh!media Group Limited [2011] ATP 9, [41]-[52] Firestone Energy Limited [2013] ATP 4, [31]-[37] Tigers Realm Coal Limited [2014] ATP 2, [58]-[68] Lantern Hotel Group [2014] ATP 6, [23] s617 Anaconda Nickel Limited 02-05 [2003] ATP 4, [131]-[136] s619 Rinker Group Limited [2006] ATP 35 s610 Tower Software Engineering Pty Limited [2006] ATP 20 Bentley Capital Limited 01R [2011] ATP 13 The President's Club Limited [2012] ATP 10, [91] s610(3) Touch Holdings Limited [2013] ATP 3, [77]-[78] s611 General QR Sciences Limited [2003] ATP 37, [51] Item 1 Gosford Quarry Holdings Limited [2008] ATP 11 Item 2 Taipan Resources NL 07 [2000] ATP 18, [43]-[48] (Corp Law 611 item 2) Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [18]

Item 3 Pinnacle VRB Limited 03 [2001] ATP 2, [21]-[28], [44]-[66] (Corp Law 611 item 3) Anaconda Nickel Limited 02-05 [2003] ATP 4, [137]-[140] Item 4 Gloucester Coal Limited [2009] ATP 6, [22] Gloucester Coal Limited 01R [2009] ATP 9, [23], [28] Item 6 BioProspect Limited 01 [2008] ATP 8, [50]-[55]

6/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

Item 7 Pasminco Limited (Administrators Appointed) [2002] ATP 6 Focus Technologies Limited [2002] ATP 8, [26]-[31] Colonial First State Property Trust Group 01 [2002] ATP 15, [43]-[50], [60] PowerTel Limited 01 [2003] ATP 25 PowerTel Limited 02 [2003] ATP 28, [49]-[51] AuIron Energy Limited [2003] ATP 31, [54]-[67] Village Roadshow Limited 03 [2004] ATP 22, [38] InvestorInfo [2004] ATP 6, [57]-[59] LV Living Limited [2005] ATP 5, [102]-[104] Axiom Properties Limited [2006] ATP 1 Bisalloy Steel Group Limited [2008] ATP 29 Multiplex Prime Property Fund 03 [2009] ATP 22, [23] Bentley Capital Limited 01R [2011] ATP 13, [190]-[191] Crescent Gold Limited 02 [2011] ATP 14, [17] Careers Australia Group Limited [2013] ATP 5 Careers Australia Group Limited 02R [2013] ATP 6 Laneway Resources Limited [2013] ATP 7, [33] Agricultural Land Trust [2014] ATP 4 Lantern Hotel Group [2014] ATP 6 Blackham Resources Limited [2014] ATP 16, [31] Item 9 St Barbara Mines Limited [2000] ATP 10, [17], (Corp Law item 9) Anaconda Nickel Limited 19[2003] ATP 20 LV Living Limited [2005] ATP 5, [134]-[135], [139] Cape Lambert MinSec Pty Ltd [2009] ATP 12, [44] Bowen Energy Limited 02 [2009] ATP 16, [69] Bentley Capital Limited 01R [2011] ATP 13, [191] The President's Club Limited [2012] ATP 10, [99]-[102] IFS Construction Services Limited [2012] ATP 15 World Oil Resources Limited [2013] ATP 1 Coppermoly Limited [2013] ATP 8, [44] Avalon Minerals Limited [2013] ATP 10, [123]-[125] Moreton Resources Limited [2013] ATP 14, [27]-[28] Virgin Australia Holdings Limited [2013] ATP 15, [39], [40], [47] Yancoal Australia Limited [2014] ATP 24, [21] Item 10 Precious Metals Australia Limited [2002] ATP 5 QR Sciences Limited [2003] ATP 37, [49]-[53] Anaconda Nickel Limited 01 [2003] ATP 2, [32] InvestorInfo [2004] ATP 6, [25]-[39] Emperor Mines Limited 01 [2004] ATP 24, [91]-[107] Rivkin Financial Services Limited [2005] ATP 1, [62]-[64] Lachlan Farming Limited 02 [2005] ATP 2 SteriCorp Limited [2005] ATP 9, [72]-[83] Dromana Estate Limited [2006] ATP 4, [27]-[29], [36]-[40] Bisalloy Steel Group Limited [2008] ATP 29 Multiplex Prime Property Fund 03 [2009] ATP 22, [26], [33], [43] Multiplex Prime Property Fund 03R [2009] ATP 23, [6], [18] Mintails Limited [2011] ATP 11 Gladstone Pacific Nickel Limited 02 [2011] ATP 16 Real Estate Capital Partners USA Property Trust [2012] ATP 6 MacarthurCook Property Securities Fund 01 & 02 [2012] ATP 7 Altius Mining Limited [2012] ATP 17 Laneway Resources Limited [2013] ATP 7, [24]-[29] Avalon Minerals Limited [2013] ATP 10, [36]-[44] Celamin Holdings NL [2014] ATP 22, [30]-[34] Item 10A Virgin Australia Holdings Limited [2013] ATP 15, [43]

7/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

Item 13 Precious Metals Australia Limited [2002] ATP 5, [13] InvestorInfo [2004] ATP 6, [25]-[39] Emperor Mines Limited 01 [2004] ATP 24, [91]-[101], [108] Rivkin Financial Services Limited [2005] ATP 1, [62]-[64] Financial Resources Limited [2007] ATP 27, [34] Bisalloy Steel Group Limited [2008] ATP 29 Multiplex Prime Property Fund 03 [2009] ATP 22, [26], [33] Multiplex Prime Property Fund 03R [2009] ATP 23, [6], [18] Mintails Limited [2011] ATP 11 Real Estate Capital Partners USA Property Trust [2012] ATP 6 MacarthurCook Property Securities Fund 01 & 02 [2012] ATP 7 Altius Mining Limited [2012] ATP 17 Laneway Resources Limited [2013] ATP 7, [24]-[29] Coppermoly Limited [2013] ATP 8, [34] Gondwana Resources Limited [2014] ATP 9, [10] Item 14 Australian Pipeline Trust 01 [2006] ATP 27, [92]-[96] Australian Pipeline Trust 01R [2006] ATP 29, [104]-[107] Cape Lambert MinSec Pty Ltd [2009] ATP 12, [23], [31], [34]-[53], [70]-[81] Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [54] Leighton Holdings Limited 02R [2010] ATP 14, [27]-[89] Item 15 The President's Club Limited [2012] ATP 10, [94]-[96]

Item 17 Pasminco Limited (Administrators Appointed) [2002] ATP 6 Item 19 Village Roadshow Limited 02 [2004] ATP 12, [53]-[55], [75] Village Roadshow Limited 03 [2004] ATP 22, [52]-[54] s615 Dromana Estate Limited [2006] ATP 4, [36]-[40] Avalon Minerals Limited [2013] ATP 10, [36]-[44] Gondwana Resources Limited [2014] ATP 9, [10] s617 Taipan Resources NL 07 [2000] ATP 18, [25]-[33] (Corp Law 617) Alinta Limited 01 [2006] ATP 15 s618 Brickworks Limited 02 [2000] ATP 8, [65]-[66] (Corp Law 618) PowerTel Limited 03 [2003] ATP 28, [56] GoldLink Income Plus Limited 03 [2008] ATP 21 GoldLink IncomePlus Limited 04 [2009] ATP 2, [23]-[31]

s619 Taipan Resources NL 11 [2001] ATP 16, [64]-[80] PowerTel Limited 03 [2003] ATP 28, [56] s620 Australian Liquor Group Limited 01 [2001] ATP 18 Colonial First State Property Trust Group 03 [2002] ATP 17

8/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s621 Email Limited 03 [2000] ATP 5, [35]-[79] (Corp Law 621) Taipan Resources NL 08 [2001] ATP 3, [21]-[29] Normandy Mining Limited 04 [2001] ATP 31, [6]-[34] Normandy Mining Limited 06 [2001] ATP 32, [13]-[18] Skywest Limited [2004] ATP 10, [60]-[79] GasNet Australia Limited [2006] ATP 22, [29] Rinker Group Limited [2006] ATP 35, [28]-[48] GoldLink IncomePlus Limited 02 [2008] ATP 19, [11]-[12] Bowen Energy Limited 02 [2009] ATP 16, [70]-[71] Bowen Energy Limited 02R [2009] ATP 19, [86] The President's Club Limited [2012] ATP 10, [70] s622 PowerTel Limited 02 [2003] ATP 28, [48] GoldLink IncomePlus Limited 02 [2008] ATP 19, [5], [8] s623 Advance Property Fund [2000] ATP 7, [42]-[51] (Corp Law 623) Taipan Resources NL 10 [2001] ATP 5, [86]-[90] Alpha Healthcare Limited [2001] ATP 13, [56]-[63] Normandy Mining Limited 04 [2001] ATP 31, [6]-[34] PowerTel Limited 02 [2003] ATP 28, [48] PowerTel Limited 03 [2003] ATP 28 Forest Place Group Limited [2004] ATP 3 Skywest Limited 04 [2004] ATP 26 Citect Corporation Limited [2006] ATP 6, [34]-[65], [77]-[79] Patrick Corporation Limited 03 [2006] ATP 12 The President's Club Limited [2012] ATP 10, [70] s624 Anaconda Nickel Limited 06-07 [2003] ATP 6, [32]-[33] ALH Limited 03 [2004] ATP 25, [35]-[36], [39] Patrick Corporation Limited 03 [2006] ATP 12 Alinta Limited 01 [2006] ATP 15 Qantas Airways Limited 02 [2007] ATP 6, [7] Qantas Airways Limited 02R [2007] ATP 7, [8], [45]-[48] Gosford Quarry Holdings Limited [2008] ATP 11 Gosford Quarry Holdings Limited 01R [2008] ATP 13 s625 Taipan Resources NL 10 [2001] ATP 5, [92]-[98] Pinnacle VRB Limited 09b [2001] ATP 26, [16]-[52] Great Mines Limited [2004] ATP 1, [42] Premium Income Fund [2011] ATP 10, [33]-[45] s629 Brickworks Limited 02 [2000] ATP 8, [46]-[50] (Corp Law 629) Realestate.com.au Limited [2001] ATP 1, [55]-[58] SA Liquor Distributors Limited [2002] ATP 22, [19] Goodman Fielder Limited 01 [2003] ATP 1, [91]-[96] PowerTel Limited 03 [2003] ATP 28, [56] Anaconda Nickel Limited 06-07 [2003] ATP 6, [34]-[38] Novus Petroleum Limited [2004] ATP 2, [38]-[46] DoloMatrix International Limited [2008] ATP 10 GoldLink Income Plus Limited 03 [2008] ATP 21 Gloucester Coal Limited [2009] ATP 6, [46] Gloucester Coal Limited 01R [2009] ATP 9, [76] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [30] NGM Resources Limited [2010] ATP 11, [16]-[30] s630 Anaconda Nickel Limited 06-07 [2003] ATP 6, [29]-[31] Novus Petroleum Limited [2004] ATP 2, [38]-[46]

9/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s631 Realestate.com.au Limited [2001] ATP 1, [53]-[59] Pinnacle VRB Limited 06 [2001] ATP 11 (Corps Law 631) Bigshop.com.au Limited 03 [2001] ATP 22, [11]-[29] Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [12]-[22] Brisbane Broncos Limited 03 [2002] ATP 3, [37]-[42], [50]-[51] Colonial First State Property Trust Group 03 [2002] ATP 17, [45]-[47] Equity-1 Resources NL [2002] ATP 20, [21] Goodman Fielder Limited 03 [2003] ATP 14 SSH Medical Limited [2003] ATP 32, [40]-[44] Selwyn Mines Limited [2003] ATP 33, [35]-[37] BreakFree Limited 03 and 04 [2003] ATP 38 and 39, [17] Novus Petroleum Limited 02 [2004] ATP 9, [31] Skywest Limited [2004] ATP 10, [40]-[59] InterMet Resources Limited [2008] ATP 17, [27]-[31] Indophil Resources NL [2008] ATP 18, [11]-[18] MacarthurCook Limited [2008] ATP 20 Babcock & Brown Communities Group [2008] ATP 25 Perilya Limited [2008] ATP 28 Gloucester Coal Limited [2009] ATP 6, [46] Gloucester Coal Limited 01R [2009] ATP 9, [50] NewSat Limited [2009] ATP 20, [11] Macarthur Coal Limited [2010] ATP 3, [27] NGM Resources Limited [2010] ATP 11, [21] BC Iron Limited [2011] ATP 6 Minemakers Limited [2012] ATP 8, [24] Austock Group Limited [2012] ATP 12, [40], [52], [59] IFS Construction Services Limited [2012] ATP 15 Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [58]-[62] Envestra Limited [2014] ATP 13, [19]-[20] s631(2) Taipan Resources NL 03 [2000] ATP 17, [35] (Corp Law 631) Taipan Resources NL 10 [2001] ATP 5, [16]-[17] Pinnacle VRB Limited 04 [2001] ATP 7, [67]-[69] Taipan Resources NL 11 [2001] ATP 16, [29]-[35]

s633 Infratil Australia Limited 01 [2000] ATP 2, [9]-[10] (Corp Law 633) Taipan Resources NL 05 [2000] ATP 14 (Corp Law 633) Taipan Resources NL 08 [2001] ATP 3, [30]-[39] Alpha Healthcare Limited [2001] ATP 13 EPHS Limited [2002] ATP 12, [6] Colonial First State Property Trust Group 02 [2002] ATP 16 BreakFree Limited 02 [2003] ATP 30, [7], [10]-[12] Southcorp Limited [2005] ATP 4 Alinta Limited 02 [2006] ATP 14 Tower Software Engineering Pty Limited [2006] ATP 20, [69]-[81] Aztec Resources Limited [2006] ATP 28 Ambassador Oil & Gas Limited 02 [2014] ATP 17 s635 Cobra Resources Limited [2003] ATP 23, [56] Gosford Quarry Holdings Limited [2008] ATP 11

10/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s636 Infratil Australia Limited 02 [2000] ATP 1, [23] (Corp Law 636) Email Limited 03 [2000] ATP 5, [99]-[116] (Corp Law 636) Brickworks Limited 02 [2000] ATP 8, [18]-[21], [43]-[44] (Corp Law 636) Ashton Mining Limited [2000] ATP 9, [11]-[31] (Corp Law 636) Taipan Resources NL 03 [2000] ATP 17, [64] (Corp Law 636) Vincorp Wineries Limited [2001] ATP 6, [55]-[59] Pinnacle VRB Limited 04 [2001] ATP 7, [3] Namakwa Diamond Company NL 02 [2001] ATP 9 Pinnacle VRB Limited 06 [2001] ATP 11, [15]-[18] Taipan Resources NL 11 [2001] ATP 16, [91]-[93] Ranger Minerals Limited [2002] ATP 11 EPHS Limited [2002] ATP 12, [14] SA Liquor Distributors Limited [2002] ATP 22, [36]-[49] Goodman Fielder Limited 01 [2003] ATP 1 Goodman Fielder Limited 03 [2003] ATP 14 Sirtex Medical Limited [2003] ATP 22 Cobra Resources Limited [2003] ATP 23, [55] Mildura Co-operative Fruit Company Limited [2004] ATP 5, [82]-[97] Great Mines Limited [2004] ATP 1, [57]-[61] Southcorp Limited [2005] ATP 4 National Foods Limited [2005] ATP 8, [39]-[41] Volante Group Limited 01 [2006] ATP 2 Sydney Gas Limited [2006] ATP 9, [46], [88] Tower Software Engineering Pty Limited [2006] ATP 20 Nexus Energy Limited [2006] ATP 25, [32]-[36] Aztec Resources Limited [2006] ATP 28 Aztec Resources Limited 02 [2006] ATP 30 Qantas Airways Limited [2007] ATP 1, [41] Magna Pacific (Holdings) Limited [2007] ATP 2 Midwest Corporation Limited [2007] ATP 33, [10], [17] Programmed Maintenance Services Limited [2008] ATP 7 DoloMatrix International Limited [2008] ATP 10 InterMet Resources Limited [2008] ATP 17 Indophil Resources NL [2008] ATP 18, [19]-[20] GoldLink IncomePlus Limited 02 [2008] ATP 19, [13]-[15] GoldLink Income Plus Limited 03 [2008] ATP 21 MYOB Limited [2008] ATP 27 Perilya Limited [2008] ATP 28 International All Sports Limited [2009] ATP 4, [27] Premium Income Fund [2011] ATP 10, Hastings Diversified Utilities Fund [2012] ATP 1, [12] Minemakers Limited [2012] ATP 8, [23] Firestone Energy Limited [2013] ATP 4, [72] Careers Australia Group Limited [2013] ATP 5, [39]-[41] Keybridge Capital Limited [2013] ATP 17, [22]-[26] Bullabulling Gold Limited [2014] ATP 8, [43]-[50] s636(3) Aurion Gold Limited [2002] ATP 13, [78]

s637 Rinker Group Limited [2006] ATP 35

11/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s638 Namakwa Diamond Company NL 04 [2001] ATP 15 (Corp Law 638) Normandy Mining Limited 01 [2001] ATP 27, [22]-[27], [33] Goodman Fielder Limited 02 [2003] ATP 5 Mildura Co-operative Fruit Company Limited [2004] ATP 5, [40]-[51], [78]-[81] WMC Resources Limited [2005] ATP 3 Wattyl Limited [2006] ATP 11 Sydney Gas Limited 02 [2006] ATP 18 Marathon Resources Limited [2006] ATP 31, [17]-[18] Queensland Gas Company Limited [2006] ATP 36 Lion Selection Limited [2008] ATP 14, [20] Origin Energy Limited 02 [2008] ATP 23 MYOB Limited [2008] ATP 27 International All Sports Limited 01R [2009] ATP 5, [16] Bowen Energy Limited 02 [2009] ATP 16 Bowen Energy Limited 02R [2009] ATP 19 Tully Sugar Limited [2009] ATP 26, [15], [17]-[21], [25]-[30], [36], [50], [52]-[57] Tully Sugar Limited 01R [2010] ATP 1, [15] Northern Energy Corporation Ltd [2011] ATP 2 Premium Income Fund [2011] ATP 10, [69]-[72] Minemakers Limited 02R [2012] ATP 16 Bullabulling Gold Limited [2014] ATP 8, [36]-[38] s640 Sirtex Medical Limited [2003] ATP 22, [65]-[71] Tully Sugar Limited [2009] ATP 26, [26] s643 BreakFree Limited 02 [2003] ATP 30, [9] National Foods Limited [2005] ATP 8, [40] Nexus Energy Limited [2006] ATP 25 Midwest Corporation Limited [2007] ATP 33, [10] Just Group Limited [2008] ATP 22 s644 Patrick Corporation Limited 04 [2006] ATP 16 Andean Resources Limited [2006] ATP 21 s646 Golden West Resources Limited 01 [2007] ATP 31, [31] s647 Patrick Corporation Limited 04 [2006] ATP 16 s648D Bigshop.com.au Limited 02 [2001] ATP 24, [64] Village Roadshow Limited 03 [2004] ATP 22, [38]

s648E Bigshop.com.au Limited [2001] ATP 20, [29] Bigshop.com.au Limited 02 [2001] ATP 24, [64] s649C Gosford Quarry Holdings Limited [2008] ATP 11 s650A Rinker Group Limited [2006] ATP 35

s650B PowerTel Limited 02 [2003] ATP 27, [48] s650D Goodman Fielder Limited 01 [2003] ATP 1, [97] Allegiance Mining NL [2008] ATP 3 Premium Income Fund [2011] ATP 10, [29]-[30] s650F Anaconda Nickel Limited 06-07 [2003] ATP 6, [29]-[30] Novus Petroleum Limited [2004] ATP 2, [38]-[46] Patrick Corporation Limited 03 [2006] ATP 12

s650G Brickworks Limited 02 [2000] ATP 8, [63] (Corp Law 650G)

12/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s651A PowerTel Limited 02 [2003] ATP 28, [48] Rinker Group Limited [2006] ATP 35, [33]-[48] Brockman Resources Limited [2011] ATP 3 Firestone Energy Limited [2013] ATP 4, [50]-[61]

s652B Brisbane Broncos Limited 04 [2002] ATP 4

s652C Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [24], [26]-[43] s653B Brickworks Limited 02 [2000] ATP 8, [68] (Corp Law 653B) Goodman Fielder Limited 01 [2003] ATP 1, [98] GoldLink Income Plus Limited 03 [2008] ATP 21 GoldLink IncomePlus Limited 04 [2009] ATP 2, [32]-[36] s654A Pinnacle VRB Limited 11 [2001] ATP 23, [38]-[41] Brisbane Broncos Limited 03 [2002] ATP 3, [62], [129] Goodman Fielder Limited 01 [2003] ATP 1, [97] NewSat Limited [2009] ATP 20, [11], [31] s656A Taipan Resources NL 05 [2000] ATP 14 (Corp Law 656A) Taipan Resources NL 06 [2000] ATP 15 (Corp Law 656A) Brisbane Broncos Limited 04 [2002] ATP 4 Pasminco Limited (Administrators Appointed) [2002] ATP 6 Colonial First State Property Trust Group 01 [2002] ATP 15, [53]-[66] BreakFree Limited 02 [2003] ATP 30 National Can Industries Limited 01 [2003] ATP 35 Prudential Inv Co of Aust Limited [2003] ATP 36 Anaconda Nickel Limited 12 [2003] ATP 11 Australian Pipeline Trust 01 [2006] ATP 27, [31]-[62], [108] Rinker Group Limited [2006] ATP 35, [106]-[116] Cape Lambert MinSect Pty Ltd [2009] ATP 12, [1], [29], [32], [38]-[39] Lion-Asia Resources Pte Ltd [2009] ATP 25

s654B Normandy Mining Limited 02 [2001] ATP 28, [5]

13/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s657A Pinnacle VRB Limited 11 [2001] ATP 23, [35]-[37] Brisbane Broncos Limited 03 [2002] ATP 3, [53] BreakFree Limited 03 and 04 [2003] ATP 38 and 39 Austral Coal Limited 02 [2005] ATP 11, [177]-[178] Austral Coal Limited 02RR [2005] ATP 20, [79]-[82] Pacific Magnesium Corporation Limited [2005] ATP 12, [15] Alinta Limited 01 [2006] ATP 15, [102]-[106] Orion Telecommunications Limited [2006] ATP 23, [114]-[120] Australian Pipeline Trust 01 [2006] ATP 27, [109]-[119] Australian Pipeline Trust 01R [2006] ATP 29, [116]-[123] Azumah Resources Limited [2006] ATP 34, [74]-[75] Summit Resources Limited [2007] ATP 9, [31]-[32] Rinker Group Limited 02 [2007] ATP 17 , [49]-[52] Rinker Group Limited 02R [2007] ATP 19 , [114]-[118] Consolidated Minerals Limited [2007] ATP 20 Consolidated Minerals Limited 03 [2007] ATP 25 Consolidated Minerals Limited 03R [2007] ATP 28 Golden West Resources Limited 03 and 04 [2008] ATP 1 Allegiance Mining NL [2008] ATP 3 BioProspect Limited 01 [2008] ATP 8 Midwest Corporation Limited [2008] ATP 15 MacarthurCook Limited [2008] ATP 20 MYOB Limited [2008] ATP 27, [44]-[47] Bisalloy Steel Group Limited [2008] ATP 29, [40]-[43] GoldLink Income Plus Limited 04 [2009] ATP 2, [54]-[57] Gloucester Coal Limited [2009] ATP 6, [30], [50] Gloucester Coal Limited 01R [2009] ATP 9, [78]-[80] DataDot Technology Limited [2009] ATP 13, [60]-[61] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [89]-[90] Bowen Energy Limited 02R [2009] ATP 19 CMI Limited [2011] ATP 4, [124] BC Iron Limited [2011] ATP 6 Bentley Capital Limited 01R [2011] ATP 13 Gladstone Pacific Nickel Limited 02 [2011] ATP 16 Ludowici Limited [2012] ATP 3, [43]-[45] Real Estate Capital Partners USA Property Trust [2012] ATP 6, [53]-[54] Minemakers Limited [2012] ATP 8, [62]-[65] The President's Club Limited [2012] ATP 10, [111] Austock Group Limited [2012] ATP 12, [70] IFS Construction Services Limited [2012] ATP 15 World Oil Resources Limited [2013] ATP 1 Touch Holdings Limited [2013] ATP 3, [121]-[122] Firestone Energy Limited [2013] ATP 4 Coppermoly Limited [2013] ATP 8, [40] Avalon Minerals Limited [2013] ATP 10, [103]-[104] STI-Global Limited [2013] ATP 12, [47]-[48] Dragon Mining Limited [2014] ATP 5, [18]-[19] s657A(3) Pinnacle VRB Limited 11 [2001] ATP 23, [49]-[51] Ballarat Goldfields NL [2002] ATP 7 Ausdoc Group Limited [2002] ATP 9

s657B LV Living Limited [2005] ATP 5, [120]-[121] Austral Coal Limited 02RR [2005] ATP 20, [30] Blue Energy Limited [2009] ATP 15, [22]-[35] The President's Club Limited [2012] ATP 10, [38] World Oil Resources Limited [2013] ATP 1

14/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s657C(2) LV Living Limited [2005] ATP 5, [51]-[54] Qantas Airways Limited [2007] ATP 1, [53]-[56] Leighton Holdings Limited 02R [2010] ATP 14, [14]-[15] Celamin Holdings NL [2014] ATP 22, [25]-[29] Celamin Holdings NL 01R [2014] ATP 23, [12]-[15] Yancoal Australia Limited [2014] ATP 24, [30]-[33] s657C(3) Brickworks Limited 01 [2000] ATP 6, [28]-[33] (Corp law 657C) Taipan Resources NL 09 [2001] ATP 4, [24] Phosphate Resources Limited [2003] ATP 3, [25] Austral Coal Limited 02 [2005] ATP 11, [45]-[51] Rinker Group Limited 02 [2007] ATP 17, [16] Leighton Holdings Limited 02R [2010] ATP 14, [8], [9] oOh!media Group Limited [2011] ATP 9, [20]-25] The President's Club Limited [2012] ATP 10, [39] World Oil Resources Limited [2013] ATP 1 Winpar Holdings Limited [2013] ATP 2, [31]-[32] Avalon Minerals Limited [2013] ATP 10, [18]-[19] Dragon Mining Limited [2014] ATP 5, [20]-[23] Northern Iron Limited [2014] ATP 11, [28]-[36] s657D Pinnacle VRB Limited 11 [2001] ATP 23, [40], [47]-[48] Normandy Mining Limited 02 [2001] ATP 28, [43] Skywest Limited 03 [2004] ATP 17, [66]-[67] Austral Coal Limited 02RR [2005] ATP 20, [292] Alinta Limited 01 [2006] ATP 15, [110]-[130] Orion Telecommunications Limited [2006] ATP 23, [121]-[162] Australian Pipeline Trust 01 [2006] ATP 27, [120]-[129] Australian Pipeline Trust 01R [2006] ATP 29, [124]-[144] Azumah Resources Limited [2006] ATP 34, [76]-[99] Consolidated Minerals Limited 03 [2007] ATP 25 Consolidated Minerals Limited 03R [2007] ATP 28 Golden West Resources Limited 04R [2008] ATP 2 Mount Gibson Iron Limited [2008] ATP 4, [6]-[7] Midwest Corporation Limited [2008] ATP 15 MacarthurCook Limited [2008] ATP 20 MYOB Limited [2008] ATP 27, [50]-[53] Bisalloy Steel Group Limited [2008] ATP 29, [44]-[51] GoldLink Income Plus Limited 04 [2009] ATP 2, [58] Gloucester Coal Limited [2009] ATP 6, [41]-[49] Gloucester Coal Limited 01R [2009] ATP 9, [81]-[83] DataDot Technology Limited [2009] ATP 13, [63]-[68] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [91]-[93] Bowen Energy Limited 02R [2009] ATP 19 CMI Limited [2011] ATP 4, [125] CMI Limited 01R [2011] ATP 5, [50] BC Iron Ltd [2011] ATP 6, [43] Ludowici Limited [2012] ATP 3, [46]-[58] Ludowici Limited 01R [2012] ATP 4, [31] Real Estate Capital Partners USA Property Trust [2012] ATP 6, [55]-[59] Minemakers Limited [2012] ATP 8, [66]-[69] The President's Club Limited [2012] ATP 10, [125] Austock Group Limited [2012] ATP 12, [74] IFS Construction Services Limited [2012] ATP 15 World Oil Resources Limited [2013] ATP 1 Touch Holdings Limited [2013] ATP 3 Firestone Energy Limited [2013] ATP 4, [91] Coppermoly Limited [2013] ATP 8, [42]-[46] Avalon Minerals Limited [2013] ATP 10, [105]-[129] STI-Global Limited [2013] ATP 12, [50]-[55]

15/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s657D(2) Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [49]-[52] AMP Shopping Centre Trust 01 [2003] ATP 21 AMP Shopping Centre Trust 02 [2003] ATP 24, [42]-[46] SSH Medical Limited [2003] ATP 32, [51]

s657E Email Limited 01 [2000] ATP 3 (Corp Law 657E) Email Limited 02 [2000] ATP 4, [5]-[7], [16] (Corp Law 657E) Taipan Resources NL 04 [2000] ATP 16, [28] (Corp Law 657E) Pinnacle VRB Limited 10 [2001] ATP 21 Bigshop.com.au Limited 03 [2001] ATP 22 Anaconda Nickel Limited 10 [2003] ATP 9 Rusina Mining NL [2006] ATP 13 Australian Pipeline Trust 01 [2006] ATP 27, [105]-[107] Golden West Resources Limited 03 and 04 [2008] ATP 1, [24] Golden West Resources Limited 04R [2008] ATP 2, [21] Allegiance Mining NL [2008] ATP 3, [18]-[19] Mount Gibson Iron Limited [2008] ATP 4, [6]-[7] MYOB Limited [2008] ATP 27, [12] GoldLink Income Plus Limited 04 [2009] ATP 2, [21] GoldLink IncomePlus Limited 04R [2009] ATP 3, [7] Gloucester Coal Limited [2009] ATP 6, [13] Multiplex Prime Property Fund 01 and 02 [2009] ATP 18, [16]-[21] Multiplex Prime Property Fund 03 [2009] ATP 22, [19] Firestone Energy Limited [2013] ATP 4, [22] Careers Australia Group Limited 02R [2013] ATP 6, [16]-[17] Coppermoly Limited [2013] ATP 8, [15]-[16] Avalon Minerals Limited [2013] ATP 10, [14]-[16] Yancoal Australia Limited [2014] ATP 24, [26]-[28] s657EA Email Limited 02 [2000] ATP 4, [4] (Corp Law 657EA) Anzoil NL 02 [2002] ATP 21 AMP Shopping Centre Trust 01 [2003] ATP 21, [102] National Can Industries Limited 01R [2003] ATP 40 BreakFree Limited 04R [2003] ATP 42 Coopers Brewery Limited 03R and 04R [2005] ATP 23 & 24, [17] Alinta Limited 01R [2006] ATP 19 Golden West Resources Limited 04R [2008] ATP 2 Gosford Quarry Holdings Limited 01R [2008] ATP 13 GoldLink IncomePlus Limited 04R [2009] ATP 3, [8], [9] International All Sports Limited 01R [2009] ATP 5 Gloucester Coal Limited [2009] ATP 6 Multiplex Prime Property Fund 03R [2009] ATP 23 Mesa Minerals Limited 01R [2010] ATP 6, [20]-[24] CMI Limited 01R [2011] ATP 5 Bentley Capital Limited 01R [2011] ATP 13 Careers Australia Group Limited 02R [2013] ATP 6 Avalon Minerals Limited [2013] ATP 10, [150] Gondwana Resources Limited 02R [2014] ATP 18, Celamin Holdings NL 01R [2014] ATP 23, [12]-[15] s659A Colonial First State Property Trust Group 03 [2002] ATP 17 Rinker Group Limited [2006] ATP 35, [43]-[46] s659AA Tower Software Engineering Pty Limited [2006] ATP 20, [38]-[40]

16/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s659B Advance Property Fund [2000] ATP 7, [41] (Corp Law 659B) Taipan Resources NL 01 [2000] ATP 11, [21] (Corp Law 659B) Australian Liquor Group Limited 01 [2001] ATP 18, [34] Tower Software Engineering Pty Limited [2006] ATP 20, [38]-[40] BioProspect Limited 01 [2008] ATP 8, [56]-[61] Regis Resources Limited [2009] ATP 7, [30] Careers Australia Group Limited [2013] ATP 5, [28]-[33] s659C Australian Liquor Group Limited 02 [2001] ATP 19 s661A Brickworks Limited 02 [2000] ATP 8, [59]-[64] (Corp Law 661A) Careers Australia Group Limited [2013] ATP 5, [42]-[45] s662A Careers Australia Group Limited [2013] ATP 5, [44] s661E Gosford Quarry Holdings Limited [2008] ATP 11 s664F Gosford Quarry Holdings Limited [2008] ATP 11 s670A Ashton Mining Limited [2000] ATP 9, [19]-[21] (Corp Law 670A) Namakwa Diamond Company NL 04 [2001] ATP 15 (Corp Law 765) Normandy Mining Limited 07 [2002] ATP 2 Ranger Minerals Limited [2002] ATP 11 BreakFree Limited 03 and 04 [2003] ATP 38 and 39 BreakFree Limited 04R [2003] ATP 42, [51]-[59] Sydney Gas Limited [2006] ATP 9, [46] Wattyl Limited [2006] ATP 11 Magna Pacific (Holdings) Limited [2007] ATP 2, [31], [40]-[42] DoloMatrix International Limited [2008] ATP 10 GoldLink Income Plus Limited 03 [2008] ATP 21 Perilya Limited [2008] ATP 28 Hastings Diversified Utilities Fund [2012] ATP 1, [12] Keybridge Capital Limited [2013] ATP 17, [18] Envestra Limited [2014] ATP 13, [21] s670A(2) Midwest Corporation Limited [2007] ATP 33, [16]-[17] s670B Southcorp Limited [2005] ATP 4, [97]-[98] s670D Southcorp Limited [2005] ATP 4, [98]

s670E Brisbane Broncos Limited 03 [2002] ATP 3, [54] s670F Realestate.com.au Limited [2001] ATP 1, [66]-[71] (Corp Law 670F) Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [19]-[22], [60]-[66] Brisbane Broncos Limited 03 [2002] ATP 3, [92]-[98], [127]-[130] Colonial First State Property Trust Group 03 [2002] ATP 17 SSH Medical Limited [2003] ATP 32, [44] Selwyn Mines Limited [2003] ATP 33, [35] BreakFree Limited 03 and 04 [2003] ATP 38 and 39 Austock Group Limited [2012] ATP 12, [29]

17/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s671B Normandy Mining Limited 02 [2001] ATP 28, [5], [33]-[35] Trysoft Corporation Limited [2003] ATP 26, [68]-[71] AuIron Energy Limited [2003] ATP 31, [108]-[109] Grand Hotel Group Limited [2003] ATP 34 National Can Industries Limited 01 [2003] ATP 35, [62] Austral Coal Limited 02 [2005] ATP 11, [157] Austral Coal Limited 02RR [2005] ATP 20, [83]-[86] Citect Corporation Limited [2006] ATP 6, [66]-[76], [80]-[83] Rusina Mining NL [2006] ATP 13, [20]-[34] Nexus Energy Limited [2006] ATP 25, [39]-[40] Azumah Resources Limited [2006] ATP 34, [40]-[49] Bowen Energy Limited [2007] ATP 22, [36]-[40] BigAir Group Limited [2008] ATP 12 Midwest Corporation Limited [2008] ATP 15 Boulder Steel Limited [2008] ATP 24, [21] Regis Resources Limited [2009] ATP 7, [28]-[29] Blue Energy Limited [2009] ATP 14, [37] Viento Group Limited [2011] ATP 1, [132] Brockman Resources Limited [2011] ATP 3 CMI Limited [2011] ATP 4, [123] ComOps Limited [2011] ATP 7, [43], [54]-[56] oOh!media Group Limited [2011] ATP 9, [53]-[58] Viento Group Limited 02 [2011] ATP 12, [44], [45], [46] Bentley Capital Limited 01R [2011] ATP 13, [188], [199] Avalon Minerals Limited [2013] ATP 10, [103] Dragon Mining Limited [2014] ATP 5, [61]-[62] Northern Iron Limited [2014] ATP 11, [22], [37]-[46] Gondwana Resources Limited 02 [2014] ATP 15, [50]-[52] Blackham Resources Limited [2014] ATP 16, [34] Scantech Limited [2014] ATP 20, [21] s671B(4) Austar United Communications Limited [2003] ATP 16, [44]-[45] Blackham Resources Limited [2014] ATP 16, [34] s672A Village Roadshow Limited [2004] ATP 4, [42]-[49] Pacific Magnesium Corporation Limited [2005] ATP 12, [30]-[41] Rusina Mining NL [2006] ATP 13, [35]-[40] Viento Group Limited [2011] ATP 1, 143] Viento Group Limited 02 [2011] ATP 12, [27]-[29] Northern Iron Limited [2014] ATP 11, [22], [47]-[51] s672B Village Roadshow Limited [2004] ATP 4, [43]-[49] Azumah Resources Limited [2006] ATP 34, [50]-[51] Northern Iron Limited [2014] ATP 11, [22], [47]-[51] s672C Village Roadshow Limited [2004] ATP 4, [56] s708AA Vesture Limited 02 [2010] ATP 15, [11], [30], [32] Avalon Minerals Limited [2013] ATP 10, [50] s710 Infratil Australia Limited 02 [2000] ATP 1, [40]-[44] (Corp Law 710) Email Limited 02 [2000] ATP 4, [35]-[49] (Corp Law 710) Email Limited 03 [2000] ATP 5, [99]-[102] (Corp Law 710) Vincorp Wineries Limited [2001] ATP 6 Namakwa Diamond Company NL 02 [2001] ATP 9 Data & Commerce Limited [2004] ATP 7, [34] Dampier Gold Limited [2014] ATP 10, [15]-[16] Ambassador Oil & Gas Limited 02 [2014] ATP 17, [27] s712 Namakwa Diamond Company NL 02 [2001] ATP 9 Ambassador Oil & Gas Limited 02 [2014] ATP 17, [27]

18/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s713 Infratil Australia Limited 02 [2000] ATP 1, [40]-[44], [47]-[49], [50]-[55] (Corp Law 713) Vincorp Wineries Limited [2001] ATP 6, [43] Namakwa Diamond Company NL 02 [2001] ATP 9 Data & Commerce Limited [2004] ATP 7, [34] InvestorInfo [2004] ATP 6, [55]-[56], fn 17 Dampier Gold Limited [2014] ATP 10, [15]-[16] s715A Sydney Gas Limited 01 [2006] ATP 9, [27] s716 Southcorp Limited [2005] ATP 4, [99] s724 Data & Commerce Limited [2004] ATP 7, [37]-[39]

s1002G Advance Property Fund [2000] ATP 7, [39] (Corp Law 1002G)

s1041E Nexus Energy Limited [2006] ATP 17 BC Iron Limited [2011] ATP 6 s1041H Taipan Resources NL 01 [2000] ATP 11, [47] (Corp Law 995) Taipan Resources NL 06 [2000] ATP 15 (Corp Law 995) Southcorp Limited [2005] ATP 4, [98] Gosford Quarry Holdings Limited [2008] ATP 11, [38]-[41] Foster's Group Limited [2011] ATP 15, [12] Envestra Limited [2014] ATP 13, [21] s1043A International All Sports Limited [2009] ATP 4, [27]-[37] Brockman Resources Limited [2011] ATP 3 s1325B Brisbane Broncos Limited 01 and 02 [2002] ATP 1, [44]-[54] Brisbane Broncos Limited 03 [2002] ATP 3, [55]

ASIC Act s127 Aurion Gold Limited [2002] ATP 13, [7(a)] s172 Ambassador Oil & Gas Limited [2014] ATP 14, [24] s185 The President's Club Limited [2012] ATP 10, [142]-[152] s187 GoldLink IncomePlus Limited 04R [2009] ATP 3, [12] s190 The President's Club Limited [2012] ATP 10, [63] Avalon Minerals Limited [2013] ATP 10, [149] s192 Email Limited 01 [2000] ATP 3, [10]-[13] Scantech Limited [2014] ATP 20, [38] s194 The President's Club Limited [2012] ATP 10, [58]-[62] Avalon Minerals Limited [2013] ATP 10, [139] s195 Normandy Mining Limited 02 [2001] ATP 28, [44] The President's Club Limited [2012] ATP 10, [56]-[57]

s199 Taipan Resources NL 11 [2001] ATP 16, [9] World Oil Resources Limited [2013] ATP 1, [87]

19/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

s201A Anaconda Nickel Limited 13 [2003] ATP 12 Citect Corporation Limited [2006] ATP 6, [93]-[94] Tower Software Engineering Pty Limited [2006] ATP 20, [85]-[92] Andean Resources Limited [2006] ATP 21, [3] Tower Software Engineering Pty Limited 02 [2006] ATP 26 Aztec Resources Limited [2006] ATP 28, [57]-[59] Rinker Group Limited [2006] ATP 35 Rey Resources Limited [2009] ATP 14 Multiplex Prime Property Fund 03 [2009] ATP 22 Bentley Capital Limited 01R [2011] ATP 13 Gladstone Pacific Nickel Limited 02 [2011] ATP 16 Careers Australia Group Limited [2012] ATP 5 Mission NewEnergy Limited [2012] ATP 19 LinQ Resources Fund [2012] ATP 21 Knights Capital Group Limited [2012] ATP 22 Warrnambool Cheese and Butter Factory Co Hold Ltd [2013] ATP 16, [77] Corporations Regulations 1.0.18 LV Living Limited [2005] ATP 5, [76]-[78] Austral Coal Limited 02 [2005] ATP 11, [236] CMI Limited [2011] ATP 4 Bentley Capital Limited [2011] ATP 8 Crescent Gold Limited 02 [2011] ATP 14 Ambassador Oil & Gas Limited [2014] ATP 14, [22] 6.10.01 Gondwana Resources Limited 02R [2014] ATP 18, [12]-[14]

ASIC Regulations Reg 13 World Oil Resources Limited [2013] ATP 1, [62] Reg 15 Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [63] Reg 16 Anaconda Nickel Limited 14 [2003] ATP 13 Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [32] Hastings Diversified Utilities Fund 02 [2012] ATP 11, [29] Aspen Parks Property Fund 01 & 02 [2014] ATP 19, [23] Reg 18 STI-Global Limited [2013] ATP 12, [60] Scantech Limited [2014] ATP 20, [39-[40] Reg 20 Pinnacle VRB Limited 07 [2001] ATP 10, [4] Austral Coal Limited 02RR [2005] ATP 20, [27] Vision Systems Limited 01 [2006] ATP 32 Leighton Holdings Limited 01, 02 and 03 [2010] ATP 13, [63] ComOps Limited [2011] ATP 7, [59] Mintails Limited [2011] ATP 11, [34] Crescent Gold Limited 02 [2011] ATP 14, [48] Foster's Group Limited [2011] ATP 15, [55] Reg 21(1) Perilya Limited 02 [2009] ATP 1, [40] GoldLink IncomePlus Limited 04R [2009] ATP 3, [10] Regis Resources Limited [2009] ATP 7, [33] Drillsearch Energy Limited 01 [2009] ATP 10, [30] Drillsearch Energy Limited 02 [2009] ATP 11, [19] Blue Energy Limited [2009] ATP 15 Redflex Holdings Limited [2009] ATP 17 NewSat Limited [2009] ATP 20 Multiplex Prime Property Fund 04 [2009] ATP 21 Multiplex Prime Property Fund 03R [2009] ATP 23

20/21 Australian Government Takeovers Panel Index of Decisions - By Legislation - 2000-2014 - As at 8 April 2015

Reg 22 Austral Coal Limited 02RR [2005] ATP 20, [27] Reg 23 Brockman Resources Limited [2011] ATP 3 Reg 24 Bigshop.com.au Limited [2001] ATP 20, [28] Brockman Resources Limited [2011] ATP 3

Acts Interpretation Act s15AA Avalon Minerals Limited [2013] ATP 10, [42]

21/21