Sullivan & Ors Litigation Update

01 April 2016

Further to our previous update, papers were filed by Philip Sullivan requesting a stay of execution of the final orders that were anticipated to be handed down on March 2, 2016. The consent for the stay was granted up to and including March 23, 2016 which is also the final date an appeal must be lodged. A Notice of Appeal was lodged by Philip Sullivan on March 16, 2016 and orders were given for a directions hearing to be listed on April 5, 2016. The Notice to Produce has been stood over until this time as well as the extension of the stay up to and including April 5, 2016. We anticipate that we will provide a further update early April, or when further information becomes available.

Should you have any enquiries, please call Balmain Trilogy Investor Relations on 1800 194 500 or email investorrelations@trilogyfunds.com.au