Ann: Fund Update , page-8

Thanks Shania.

The Half year announcements out today are consistent with that. Statements like:

"Once the Fund is debt free, the Board will be in a stronger position toconsider a range of options for enhancing value and rewarding all investors including:
–
paying regular income distribution to Unitholders commencing from the quarter ending 31December 2013
–
reinvesting capital in to new investment opportunities or
buying back MPS’ Units on the open market from existing Unitholders"

I have some question marks on the other major possible use of funds:

"The Fund’s preference is to have greater influence and control over its investment portfolio, for example the take over of the Austgrowth Property Syndicate No. 23"