debt, page-2

The answer is yes. On a pro rata basis. Refer to the ASX annoucement on 22 June 2009.

The compnay is down about 3% net differenc in loan interest income to interest expense. The asset base AT PAR still a little over $120m greater than debt. Its all about getting the loans repaid as quickly as possible to preserve the capital base for shareholders. A large amount of the assets are set to mature over the next 12months. And if all goes well the potential recovery for shareholders will be greatly enhanced.

Thats just my opinion please do your own research