Extraordinary General Meeting - 22 April 2010 at 10am

Wesley Conference Centre - 220 Pitt Street, Sydney

An Extraordinary General Meeting (EGM) is scheduled for 22nd April 2010 to discuss the proposed off-market buy-back of ordinary shares.

If approved, the approval will be valid for 12 months following the date of the Extraordinary General Meeting.

If the Company does proceed with the Buy-back:
- The Buy-back price for each Ordinary Share is equivalent to the Net Asset Value (NAV) (less 5% for administration
charges) as at 30 April 2010
- Each Shareholder at the Record Date will receive a Buyback offer and Buy-back Agreement;
- The Buy-back offer will be for all of each Shareholder's Ordinary Shares, less a Marketable Parcel on each
Individual Account;
- The Buy-back offer is not compulsory and a Shareholder may reject the offer or agree to sell less Ordinary Shares
than the Company offers to buy.

Further details of the proposal can be found in the Memorandum which is available for download on the"Reports & News" page of our website.

09 Mar 2010 | Back to news archive