MOMENTUM MORTGAGES LIMITED

Debentures

Exemption Date – 13 October 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 65% effective date 13 October 2008

-   Es — t — imated return announced was revised to 40% effective date 23 September 2009

- 16.00% of the face value of the original investment amount paid on 1 — 4 April 2011 thereby reducing the remaining estimated return to 24% (i.e. last estimate 40% minus 16.00% capital paid = 24.00% remaining)

-  10.80% of the face value of the original investment amount paid on 27 July 2011 thereby reducing the remaining estimated return to 13.2% (i.e. last estimate 40% minus 16.00% capital paid minus 10.80% capital paid = 13.2% remaining)

-  4.20% of the face value of the original investment amount paid on 30 January 201 — 2 thereby reducing the remaining estimated return to 9.2% (i.e. last estimate 40% minus 16.00% capital paid minus 10.80% capital paid minus 4% capital paid = 9.2% remaining)

More capital distributions will be paid, the exact dates and amounts are unknown at this stage.

Note: Not a Ministerial Exemption.  These Debentures are no longer classed as financial assets as this company is in the process of irreversible wind up. See CLIK guidelines P10/C2/S4/Assessing Failed Loans and Debts.