2011 Tax Statements

14 October 2011

Balmain Trilogy wishes to advise that the June 2011 Tax Statements for the Pacific First Mortgage Fund (the Fund) have been delayed. We are conscious of the need for Unitholders to have these statements in order to complete a tax return and wish to apologise for any inconvenience this delay may have caused.

The Statements will be mailed to Unitholders in the week beginning 17 October. In the interim, if it is of assistance to you, we can advise no income tax is payable for the financial year ended 30 June 2011.

If you have any questions or require any further information regarding Tax Statements, please contact the Balmain Trilogy Client Services team on 1800 194 500.