[ From: ARL cascap Sent: Monday, November 10, 2014 5:58 PM To:...

[ From: ARL cascap Sent: Monday, November 10, 2014 5:58 PM
To: 'Simon Grundel' Subject: RE: Notice of meeting; 28 Nov 2014; PIF Investors

Hi Simon, As far as I am aware the judgement will not affect the proposed transaction.
We are yet to be informed of any changes that will result from the judgement, however,
if any changes do occur, I believe you would be informed via correspondence.
Hopefully this helps.

Kind regards,

cc logo 3 a Level 30 Australia Square, 264 George Street, Sydney NSW 2000 p
GPO Box 7079, Sydney NSW 2001 w www.cascap.com.au]
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Will security allow fireworks @ the meeting?

Cheers,