Ann: Shareholder Circular , page-25

Crisstoff,

please see below extracted from p57 of 2009 Annual Report, clearly, this was the starting point of the share trades, therefore,
Tay did not acquired $1.0m+ worth of shares at the beginning:



"The investment in listed companies at fair value relate to an agreement with Atlas Iron Ltd, whereby Atlas Iron Ltd has acquired the iron ore rights on the North Shaw project tenement E45/2728. Dynasty received 500,000 Atlas Iron Ltd shares and retained a 2% of gross sales revenue royalty. Dynasty holds 0.17% (2008: 0.17%) of the ordinary share capital of Atlas Iron Ltd. The Directors of Dynasty do not believe that the Company is able to exert significant influence over Atlas Iron Ltd. As at 29 September, Dynasty holds 501,800 shares in Atlas Iron Ltd with a market value of $840,515.



The investments in listed companies at fair value also relates to 227,978 shares received by Poseidon Nickel Limited as part of a consideration received for the sale of the Laverton Nickel tenements. Dynasty holds 0.14%

(2007: 0.14%) of the ordinary shares capital of Poseidon Nickel Ltd. The Directors of Dynasty do not believe that the Company is able to exert significant influence over Poseidon Nickel Ltd. The market value at 29 September 2009 for Poseidon Nickel Ltd is $69,533.



Dynasty invested $300,000 in Fairstar Resources Limited for 2,000,000 ordinary shares with 1,000,000 free options attached. Dynasty holds 0.54% (2007: 0.54%) of the ordinary shares capital of Fairstar Resources Limited. The Directors of Dynasty do not believe that the Company is able to exert significant influence over Fairstar Resources Limited. The 1,000,000 options expired on 31 August 2009 and were not taken up. The market value at 29 September 2009 for Fairstar Resources Limited is $74,000."