Mitchell Communication Group 105 York Street South Melbourne Vic 3205 Phone. +61 3 9690 5544 Fax. +61 3 9690 9318 www.mitchells.com.au ABN: 59 088 110 141 4 March 2008 ASX Announcement Mitchell Communication Group Limited – BlueFreeway Limited Mitchell Communication Group Limited (“MCU”) has noted recent announcements by BlueFreeway Limited (“BLU”) concerning preliminary, indicative, non-binding discussions regarding a potential merger transaction and associated recent media speculation. MCU continually evaluates strategic initiatives to create shareholder value. Consistent with this, we confirm that such initial indicative discussions regarding a potential merger between MCU and BLU have been held. These discussions have been preliminary and incomplete and no formal agreement has been reached. However, given the recent announcements of BLU, MCU has informed BLU this afternoon that it has decided not to proceed with further discussions at this time. For further details please contact: Stuart Mitchell Luke Littlefield Chief Executive Officer Chief Operating Officer Mitchell Communication Group Mitchell Communication Group (03) 9690 5544 (03) 9690 5544
BLU Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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