BRIEF-Australian Government Takeovers Panel says received application from Coastal Capital in relation to PaperlinX SPS Trust

Jan 13 (Reuters) - Paperlinx Ltd PPX.AX :

* Australian government takeovers panel-received an application from coastal

capital international, ltd. in relation to the affairs of Paperlinx sps trust

* Australian government takeovers panel-sitting panel has not been appointed at

this stage and no decision has been made whether to conduct proceedings

* Australian government takeovers panel-coastal capital seeks final orders to

effect that Paperlinx be prevented from exercising any rights in respect of

spss it acquires under its bid

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