Dec 18 (Reuters) - Australian Government Takeovers Panel:
* DECLINED TO CONDUCT PROCEEDINGS ON APPLICATION FROM JOHN PATTON IN RELATION TO AFFAIRS OF KEYBRIDGE CAPITAL LTD
* CONCLUDES NO REASONABLE PROSPECT TO MAKE DECLARATION OF UNACCEPTABLE CIRCUMSTANCES IN RELATION TO APPLICATION
* DECLINED TO CONDUCT PROCEEDINGS ON APPLICATION FROM JOHN PATTON IN RELATION TO AFFAIRS OF KEYBRIDGE CAPITAL