Loan to MJ & JM Wetters

Exemption Date – 31 July 2002

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

31 July 2002

Income Value

0%

no actual income is being paid

31 July 2002

Secured by way of an unregistered mortgage supported by a caveat over Barlocca Farm, Kangaroo Road, West Carnamah, Western Australia.

Second mortgage loan to Armcorp Holdings Pty Ltd (trading as the African Reef Resort)

Exemption Date – 11 June 2001

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

11 June 2001

Income Value

0%

no actual income is being paid

11 June 2001

Secured over Lot 37 Broadhead Avenue, Tarcoola Beach

Unregistered mortgage loan to Armcorp Holdings Pty Ltd

Exemption Date – 23 May 2001

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

23 May 2001

Income Value

0%

no actual income is being paid

23 May 2001

Secured via a caveat on Lot 37 Broadhead Avenue, Tarcoola Beach.