1.2 Purpose of this ProspectusThe purpose of this Prospectus is...

1.2 Purpose of this Prospectus
The purpose of this Prospectus is to comply with section 708A(11) of the Corporations Act to
remove any trading restrictions that may have attached to Shares issued or to be issued by the
Company on or prior to the Closing Date of the Cleansing Offer (including the Shares referred to in
Section 1.1) so that the holders of those Shares, if they choose to, may sell those Shares within
the twelve months following their issue, without the issue of a prospectus. The Company did not
issue the Shares with the purpose of the persons to whom they are issued selling or transferring
the Shares, or granting, issuing or transferring interests in, or options over, the Shares within twelve
months of the issue, however this Prospectus provides them with the ability to do so should they
wish.
The Company is seeking to raise only a nominal amount of $100 (before costs) under this
Prospectus and, accordingly, the purpose of this Prospectus is not to raise capital.