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David Jones ASX announcement on takeover

David Jones ASX announcement on takeover

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Published by ABC News Online
Read David Jones' official announcement on the proposed takeover by South African-based retail group Woolworths.
Read David Jones' official announcement on the proposed takeover by South African-based retail group Woolworths.

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Published by: ABC News Online on Apr 08, 2014
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04/17/2014

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(a) Immediately after execution of this deed, each of Target and Bidder must release
the Agreed Public Announcement.

Gilbert +Tobin

31599841_4

page | 14

(b) Subject to clause 6(c), before making any public announcement in respect of the
Transaction (whether through the ASX, JSE stock exchange news service or
otherwise), a party must provide the other party with a draft copy of such public
announcement as soon as reasonably practicable before it is proposed that such
public announcement is made, and, where the proposed public announcement
relates or refers to the Transaction (or may have a material effect on the
Transaction or any aspect of it), must give the other party a reasonable opportunity
to comment on the form and content of the draft announcement and must take into
account all reasonable comments from that party and its Representatives on the
draft.

(c) A party will only be required to comply with clause 6(b) if and to the extent that
compliance would not, in the reasonable opinion of that party, be likely to result in
that party breaching its continuous disclosure or similar obligations.

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