distribution increase 34.5% up, page-3

Impressive performance figures for an infrastructure stock – conservative income stock
One happy shareholder

19/10/2005
IPO Aug 2002 $2.00 Present price $5.70 cap gain $3.70 or 180%

Total shareholder return for three years 52% p.a.( average annual-comsec)

%incr
Distribution 2003 $ 0.155
Distribution 2004 $ 0.230 48.5%
Distribution 2005 $ 0.290 26.1%
Rights Issue Return $ 1.450
Total $ 2.125
Forecast
Distribution 2006 $0.39 34.5%