HASTINGS CAPITAL LIMITED

Debentures

Exemption Date – 20 August 2008

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Note: Basis for Asset Value estimations listed in the table above:

- Original estimated return announced was 55% effective date 20 August 2008

- 10% of the face value of the original investment amount paid on 19 December 2008

- 4% of the face value of the original investment amount paid on 30 June 2009

- 7% of the face value of the original investment amount paid on 23 December 2009

- 7.5% of the face value of the original investment amount paid on 7 April 2010

- Estimated remaining return was revised to 15% effective date 9 May 2011

- 4% of the face value of the original investment amount paid on 21 December 2011

you must find out how the capital return was reinvested or disposed of prior to reducing the asset value of the debentures as at the date of each capital return.

The Receiver has advised there will be more capital returns – exact dates and amounts are unknown.