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TIETYENS INVESTMENTS PTY LIMITED

All investments currently held by the Receiver at Tietyens  Contact  IDU for specific investment details

Exemption Date - 23 December 1996

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

23 December 1996

Income Value

0%

no actual income is being paid

23 December 1996

WARNING: Several investments which are viable and accruing interest are now managed by Morrison and Sawers.  These investments are NOT exempt from deeming rules.  Therefore IDU must be contacted for clarification and identification.