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    Terms approved and signed by Minsheng Bank and CuDeco: -

    Facility Amount: $US65m (approx. $A70m)

    Interest Rate: The aggregate of LIBOR for the relevant interest period (currently 0.25%) and the Interest Margin

    Interest Rate Margin: 3.5% per Annum

    Upfront Fee: 2% (once only payment)

    Management Fee: 2% flat fee per annum of the aggregate drawdown amount of the facility

    Facility Commitment fee: 1% for any undrawn amount of the total facility.

    At this time the above translates into an interest rate of approx. 5.75%p.a. Interest and the Management fee are only payable on the amount drawn.
 
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