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DIRECT ACCEPTANCE CORPORATION LTD

Debentures

Exemption Date - 30 June 1991

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

0%

of the face value of the investment

28 September 1999

3.5%

of the face value of the investment

21 April 1995

16.5%

of the face value of the investment

14 July 1992

54%

of the face value of the investment

9 April 1992

100%

of the face value of the investment

30 June 1991

Income Value

0%

no actual income is being paid

30 June 1991

Unsecured notes

Exemption Date - 30 June 1991

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

0%

of the face value of the investment

17 February 1992

100%

of the face value of the investment

30 June 1991

Income Value

0%

no actual income is being paid

30 June 1991