strong as a bull..syringe buying, page-5

asx release confirms takeover offers 12.20PMASX Announcement
27 September 2006
API response to market speculation
Australian Pharmaceutical Industries Limited (API) said today that it has received
approaches from a number of parties regarding the company’s ownership. However,
these approaches have been of an informal nature and a data room has not been
established.
In line with its fiduciary duties, the Board will consider any bona fide proposals which
might be put to it by those parties.
The Board and management will continue to closely monitor the company’s
businesses and strategic direction.