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MFA FINANCE PTY LTD

Advance to Barrington Vasse Pty Ltd

Exemption Date - 1 March  2000

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

50%

of the face value of the investment

1 March 2000

Income Value

0%

no actual income is being paid

1 March 2000

Secured by way of first mortgage over the Peppermint Park Holiday Chalets, Lot 3 Caves Road, Busselton, 3280, Western Australia.

Advance to Marnoo Holdings Pty Ltd and Resort Management Group Pty Ltd (trading as Wattle Grove Motel)

Exemption Date - 9 December 1999

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

9 December 1999

Income Value

0%

no actual income is being paid

9 December 1999

Secured by way of first mortgage over the Wattle Grove Motel located at 610 Welshpool Road, Wattle Grove, Western Australia.