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FINCORP GROUP OF COMPANIES

First Ranking and Secured Notes

Exemption Date – 23 March 2007

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

50%

of the face value of the investment

23 March 2007

0%

of the face value of the investment

30 September 2007

Income Value

0%

no actual income is being paid

23 March 2007

Note : First Ranking / Secured Noteholders received a cash payout of $0.50 in the dollar by 30 September 2007.  They were also given the option of receiving an additional $0.05 in the dollar, but only if they elected to roll-over their $0.50 in the dollar cash payout into a managed investment called the Becton Office Fund, instead of taking the cash payout.  A combination option of part cash payout and part roll-over to the Becton Office Fund was also made available to first ranking / secured noteholders.  Very few investors chose to take units in the Becton Office Fund.

Unsecured Notes

Exemption Date – 23 March 2007

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

0%

of the face value of the investment

23 March 2007

Income Value

0%

no actual income is being paid

23 March 2007

Note : Unsecured Noteholders did not receive any return from the sale of Fincorp assets.  Any future return will be dependent on the outcome of litigation.

TABLE 1:  Fincorp Group of Companies means those companies and entities listed below

Fincorp Group of Companies

Name

CAN

Fincorp Group Holdings Pty Ltd

104 821 918

Fincorp Managed Investments Holdings Pty Limited

107 343 144

Fincorp Managed Funds Pty Limited

099 652 678

Fincorp Mortgages Pty Ltd

100 105 904

Fincorp Services Pty Ltd

107 276 504

Fincorp Investments Ltd

098 838 549

Fincorp Managed Investments Ltd

106 341 655

Fincorp Property Pty Ltd

114 856 905

Fincorp Developments Pty Ltd

103 820 248

Fincorp Mernda Town Centre Pty Ltd

105 653 281

Fincorp Mernda Mayfield Farm Pty Ltd

104 822 068

Fincorp Mernda Business Park Pty Ltd

106 939 520

Fincorp The Ridge Doreen Pty Ltd

106 014 948

Fincorp Corrina Waters Epping Pty Ltd

105 455 052

Fincorp Breezes Hervey Bay Pty Ltd

110 542 731

Fincorp Breezes Mackay Pty Ltd

110 540 684

Fincorp Breezes Howard Pty Ltd

106 944 496

Fincorp Capital Pty Ltd

108 580 310

Fincorp South Morang Commercial Pty Ltd

105 455 070

Fincorp Breezes Bribie Island Pty Ltd

105 653 272

Fincorp Financial Services Ltd

113 121 181

Fincorp Mernda Business Park Pty Ltd

106 939 520

Fincorp The Ridge Doreen Pty Ltd

106 014 948

The date of effect of this determination is 23 March 2007, being the date all investments were frozen following the appointment of Administrators to the Fincorp Group of Companies.

This determination ceases to have effect in relation to a financial investment made with a company or entity in the Fincorp Group of Companies as specified in Table 1, from the date the financial investment either recommences operating to provide returns or investors regain access to the investment capital, whichever happens first.