Product Disclosure Statement

This Fund is now closed for further investment.

The PDS can be viewed in 2 ways:

• By clicking on ‘view’ you can view and navigate your way through the PDS online
• Clicking on ‘download’ will enable you to download and save a copy of the PDS onto your PC.

Further supplementary copies of the PDS, issued in August 2005, are available to download from the tables below.

The information contained in the PDS is not financial product advice. In preparing the PDS, Multiplex did not take into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision about whether to invest or continue to hold an investment in the Fund, investors should read the PDS and should consider whether the investment is appropriate to their needs, objectives and circumstances. Multiplex encourages investors to obtain independent financial advice before making an investment decision.

Further supplementary copies of the PDS, issued in

August 2005

, are available to download below:

• Supplementary PDS (PDF 70KB)
• Supplementary PDS – Updated Financials (PDF 30KB)
• Supplementary PDS – Updated Property Pages (PDF 385KB)
• Supplementary PDS – Updated Summary of Property Pages (PDF 45KB)

Past performance is no indication of likely future performance. All figures are unaudited unless otherwise indicated.