ASIC Published Notices

Notice is given that a second meeting of the creditors of the Company, or a second meeting for each of the Companies, (for multiple companies), will be held:

(If multiple companies, see special instructions for meeting times)

The purpose of the meeting(s) is:

1. to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company(ies); and
2. for the creditors of the Company(ies) to resolve that:
   1. the Company(ies) execute a deed of company arrangement; or
   2. the administration(s) should end; or
   3. the Company(ies) be wound up.

Other agenda items are:

1. to determine the remuneration of the administrator(s)
2. to determine the future remuneration of the administrator(s)
3. to determine the deed administrator(s) and or liquidator(s) future remuneration if appointed
4. if the company is wound up, to consider the appointment of a committee of inspection and, if so, who are to be the committee members
5. if the company is wound up to consider the early destruction of books and records
6. any other business

- To consider, and if thought fit, resolve pursuant to section 439C of the Corporations Act:

a. That the company execute the Deed of Company Arrangement; or

b. That the company be wound up;

c. That the meeting be adjourned; or

d. That the administration should end.


- To consider and approve that the Administrator / Deed Administrator and/or Liquidator be authorised to enter into an agreement pursuant to Section 477 (2B) of the Corporations Act, including but not limited to:

* Legal Advice;

* Taxation or Other Advices (as appropriate);

* Australian Securities and Investments Commission (ASIC) Assetless Administration Funding (AA Funding);

* Fair Entitlements Guarantee (FEG) (formerly known as General Employee Entitlements and Redundancy Scheme (GEERS));

* Litigation and/or creditors funding

and that the remuneration provided under any funding agreement of the Administrator, Deed Administrator and/or Liquidator, his partners and/or staff, to be fixed on a time basis at the rates of Jamieson Louttit & Associates from time to time with such annual increases (if any) no greater than ten percent (10%), beyond which further approval may be sought from creditors, and/or as subsequently agreed.

Creditors wishing to attend are advised proofs and proxies should be submitted to the Administrator by:

Jamieson Louttit
Administrator