Martha Cove Information Session

21 April 2011

More than 60 Pacific First Mortgage Fund (PFMF or the Fund) Unitholders and partners joined representatives from the PFMF Investor Committee on Saturday 16 April for a first hand look at Martha Cove, one the Fund’s major assets.

Against a backdrop of blue skies and perfect Autumn weather, Unitholders gained a full understanding of the issues and opportunities for Martha Cove, including a comprehensive perspective of its future development potential.

Balmain Trilogy’s Joint CEO, Andrew Griffin, commenced proceedings with a presentation on the history of the site and how the Fund became the majority stakeholder in the precinct. Unitholders were then given a guided tour of the site, which gave them the opportunity to view PFMF controlled assets as well as the development potential of the site as a whole.

For Unitholders who were unable to attend on the day, a video presentation is currently being prepared for webcasting and DVD production. We will notify Unitholders when the video becomes available.