March 8, Short Term Snapshot Market Benchmark Performance to 30 June 2006 INDEXAsset ClassOne month Three months Six month One Year S&P/ASX 200 Accumulation Index Aust shares2.1%-0.2%8.8%23.9% S&P/ASX 200 Industrials Accumulation Index Aust shares 2.1%-0.8%5.9%17.2% S&P/ASX 200 Property Accumulation Index Listed property6.3% 4.5% 6.4%18.0% MSCI – All Country World Net ($A) Global shares1.4% -4.6%5.1%21.7% UBSWarburg Bank Bill Index Cash0.5%5.4%5.3%5.8% UBSWarburg Composite Bond Index (All mat) Aust bonds0.2%0.0%0.9%3.4% UBSWarburg Inflation Linked Index (All mat) Index bonds1.1%-0.2%0.5%6.3% Lehman Global Aggregate Bond Index ($A hedged) Global bonds 0.0%0.2%-0.5%1.2% Consumer Price Index – quarter ended 31 Mar Inflation -0.9%1.4%3.0%

March 8, Positive growth over the long term Market Benchmark Performance to 30 June 2006 INDEXAsset ClassOne year Three year Five year Ten Year S&P/ASX 200 Accumulation Index Aust shares23.9% 12.3%13.1% S&P/ASX 200 Industrials Accumulation Index Aust shares 17.2%19.6% 9.8%13.2% S&P/ASX 200 Property Accumulation Index Listed property18.0% 17.8% 16.1%14.8% MSCI – All Country World Net ($A) Global shares 21.7% 14.3%-0.9%8.0% UBSWarburg Bank Bill Index Cash5.8% 5.6%5.3%5.5% UBSWarburg Composite Bond Index (All mat) Aust bonds3.4% 4.2%5.7%7.2% UBSWarburg Inflation Linked Index (All mat) Index bonds 6.3% 6.1%7.3%8.7% Lehman Global Aggregate Bond Index ($A hedged) Global bonds 1.2% 5.5%7.5% - Consumer Price Index Inflation3.0% 2.4%2.7%2.5%

March 8, The cost of being out of the market at the wrong time MSCI World Net ($A) Index June 1982 – May 2006 $2.18m $1.14m $100,000

March 8, The experience of the “Fashionable” Tech Sector Investor Datasource: Mercers Retail IDPS Technology Sector Focused Global shares Universe, before Tax after fees 34% NASDAQ Average return Jan Oct 2000

March 8, The experience of the “Fashionable” Tech Sector Investor Datasource: Mercers Retail IDPS Technology Sector Focussed Global shares Universe, before Tax after fees -12% Launch date May 2000 Average Investor’s Average return May 2001 – Feb 2006