As at 13 August 2010.

LM Investment Management Ltd (LM) is a specialist Australian funds manager which operates internationally from offices on the Gold Coast, in Sydney, Hong Kong, Auckland, Dubai, London and Johannesburg.

LM focuses on prime commercial property opportunities throughout Australia's property markets.

Global investment appeal and niche for LM's income funds sees investments currently received from 48 countries:- Australia, Bahrain, Belgium, British Virgin Islands, Brunei Darussalam, Channel Islands, China, Cyprus, Egypt, France, Germany, Gibraltar, Hong Kong, India, Indonesia, Ireland, Istanbul, Japan, Jordan, Kenya, Kuwait, Latin America, Luxembourg, Maldives, Malta, Malaysia, Mauritius, Mexico, Netherlands, New Zealand, Oman, Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sri Lanka, Switzerland, Taiwan, Thailand, Turkey, United Arab Emirates, United Kingdom, USA and Vietnam.

Licensed as an Australian Financial Services Licensee and Responsible Entity , LM operates in full compliance with the Corporations Act 2001.

Under Australian legislation, and as regulated by the Australian Securities and Investment Commission (ASIC), fund managers of investment funds such as the LM funds must provide specific disclosures relating to fund information, to minimise the risk of misleading investors, or investor misunderstanding. As a Responsible Entity and manager of the LM income funds, LM is required to display the following disclosures relating to the content of this web page.

Full details on each of LM's investment funds are readily available via our extensive network of authorised financial adviser groups both domestically and abroad. LM requests investors consult a financial adviser before making an investment decision. Investors must have read and considered the current Product Disclosure Statement (PDS) and any Supplementary Product Disclosure Statement (SPDS) before deciding whether to acquire or continue to hold an investment in any of the fund products issued by LM Investment Management Ltd.