Australian Securities and Investments Commission

Corporations Law — Subsection 669(1) — Exemption

Pursuant to subsection 669(1) of the Corporations Law (“Law”) the Australian Securities and Investments Commission hereby exempts all persons from subsections 665D(3) and 665D(4) of the Law to the extent that those provisions would otherwise require any person to give a notice to a company which has only one member or which is a wholly-owned subsidiary.

Dated this 1st day of  March 2000.

Signed by Brendan Byrne

as delegate of the Australian Securities and Investments Commission.