NEWMAN HOTEL TRUST & HOTEL NEWMAN PTY LTD

[FULLY SUBSCRIBED]

The Newman Hotel Trust and Hotel Newman Hotel Pty Ltd was established to acquire the Newman Hotel Property and business in the north west mining town of Newman in Western Australia.

Investment Highlights

Purchase price $5.55m plus stock

Equity raising - $5.55m

Projected returns on equity

• Year 1 distribution forecast - 15%

• Average (5yr) distribution forecast - 15%

• Projected internal rate of return 17%

• Quarterly distributions from settlement

Newman Hotel - Newman WA

Newman Hotel - Newman WA

Newman Hotel - Newman WA

Newman Hotel - Newman WA