RELEASE TO AUSTRALIAN SECURITIES EXCHANGE (“ASX”) WEDNESDAY, 26 MARCH 2008 NEW FUNDING AGREEMENT STAPLED SECURITY HOLDERS (“SSH’s”) v CENTRO PROPERTIES LTD & CPT MANAGER LTD (“CNP”) 1. The Board of Directors of IMF (Australia) Limited announces that it has entered into litigation funding agreements with certain SSH’s concerning claims against CNP which will be conducted by Maurice Blackburn Pty Ltd. 2. The claims relate to alleged breaches by CNP of its continuous disclosure obligations between 9 August 2007 and 15 February 2008 (the “Period”). 3. All shareholders who purchased CNP stapled securities in the Period are eligible to participate in the claim which IMF will fund subject to a level of SSH participation acceptable to IMF. 4. Any claim will be in the form of a representative proceeding for all of those SSH’s who purchased CNP stapled securities during the Period and who sign a litigation funding agreement with IMF. 5. IMF will provide litigation funding to all eligible CNP SSH’s who wish to be represented. 6. IMF will announce the claim value in its quarterly Case Investment Reports as they are published. Rob Ferguson
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
