RELEASE TO AUSTRALIAN SECURITIES EXCHANGE (“ASX”) WEDNESDAY, 26 MARCH 2008 NEW FUNDING AGREEMENT SHAREHOLDERS v MFS LTD (“MFS”) 1. The Board of Directors of IMF (Australia) Limited announces that it proposes to fund claims that certain MFS shareholders have against MFS. 2. The claims relate to alleged breaches by MFS of its continuous disclosure obligations between 21 August 2007 and 22 January 2008 (the “Period”). 3. All shareholders who purchased MFS shares in the Period are eligible to participate in the claim which IMF will fund subject to a level of shareholder participation acceptable to IMF. 4. Any claim will be in the form of a representative proceeding for all of those shareholders who purchased MFS shares during the Period and who sign a litigation funding agreement with IMF. 5. IMF will provide litigation funding to all eligible MFS shareholders who wish to be represented. 6. IMF will announce the claim value in its quarterly Case Investment Reports as they are published. Rob Ferguson Executive Chairman
MFS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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