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READETT, SIMMONS & ASSOCIATES PTY LTD

Advance to Instant Steel & Roofing Products Pty Ltd

Exemption Date – 4 May 2001

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

4 May 2001

Income Value

0%

no actual income is being paid

4 May 2001

Secured over the 'Pirie Superbowl', Esmond Road, Port Pirie.