Return of Capital

08 June 2012

We are pleased to advise that a return of capital payment totalling $8.79 million has been processed. All PFMF Unitholders on the register as at 24 May 2012 have now received a capital repayment of $0.01 per ordinary unit held. Unitholders will either receive a cheque or have their nominated bank account credited, as per their current payment preference. Please note that cheques will be issued on 13 June 2012.

Given ongoing difficulty in selling the Fund’s underlying security assets in a market of declining values and limited purchaser interest, we are returning $0.01 per unit now and target to return a further $0.01 per unit by 30 June 2012. We emphasise that this is a target and is subject to anticipated security settlements and market conditions, which may delay payment by the targeted date. Be assured that we remain focussed on achieving this target.

If you have any questions, please contact the Balmain Trilogy Client Services team on 1800 194 500.

Please note: If you have elected for your account to be direct credited, your capital payment will appear as “Dividend CFS” in the transaction description.