30 March 2010

Delay of Communications

BalmainTRILOGY advises that there will be a delay in distributing the first edition of pfmfnews (the Unitholders quarterly newsletter) and the hardcopies of the Investor Committee Meeting 1 & 2 Reports.

The upcoming edition of pfmfnews contains a comprehensive update on the status of the fund. There are several disclosures made in the newsletter which are time sensitive and can commercially impact the Funds recovery of assets.

We wish to ensure that the information provided to all Unitholders and the greater public is accurate and current. Publication of the newsletter to the website will be made shortly after Easter at the same time as a hardcopy mail-out to the Unitholders.

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