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DELANEYS SOLICITORS

Advance to Wyandra Australia Pty Ltd

Exemption Date – 8 January 2001

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

8 January 2001

Income Value

0%

no actual income is being paid

8 January 2001

Secured over 12 Counihan Road,  Seventeen Mile Beach.

Loan to XL Properties Pty Ltd

Exemption Date – 8 January 2001

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

8 January 2001

Income Value

0%

no actual income is being paid

8 January 2001

Secured by mortgage debenture over the assets and liabilities of XL Properties Pty Ltd.

Advance to Ryan Developments Pty Ltd

Exemption Date – 8 January 2001

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

8 January 2001

Income Value

0%

no actual income is being paid

8 January 2001

Secured over the 'Dolphines Motel', Caloundra.