External

First mortgage loan

Exemption Date – 17 January 2003

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

17 January 2003

Income Value

0%

no actual income is being paid

17 January 2003

Secured over Lots 468 & 469 Cnr Dooley and Henry Streets, Naval Base, Western Australia.