We study weakly compact left and right multipliers on the Banach algebra L0∞(\documentclass[12pt]{minimal}
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\mathcal{G}
$$\end{document})* of a locally compact group \documentclass[12pt]{minimal}
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\mathcal{G}
$$\end{document}. We prove that \documentclass[12pt]{minimal}
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\mathcal{G}
$$\end{document} is compact if and only if L0∞(\documentclass[12pt]{minimal}
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\mathcal{G}
$$\end{document})* has either a non-zero weakly compact left multiplier or a certain weakly compact right multiplier on L0∞(\documentclass[12pt]{minimal}
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\mathcal{G}
$$\end{document})*. We also give a description of weakly compact multipliers on L0∞(\documentclass[12pt]{minimal}
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\mathcal{G}
$$\end{document})* in terms of weakly completely continuous elements of L0t8(\documentclass[12pt]{minimal}
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\mathcal{G}
$$\end{document})*. Finally we show that \documentclass[12pt]{minimal}
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\mathcal{G}
$$\end{document} is finite if and only if there exists a multiplicative linear functional n on L0∞(\documentclass[12pt]{minimal}
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\mathcal{G}
$$\end{document}) such that n is a weakly completely continuous element of L0∞(\documentclass[12pt]{minimal}
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\mathcal{G}
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