Distributable earnings of $34.35 million (8.64 cpu), 12.5% above FY07 DPU of 8.00 cents, 11.1% higher than FY07 Total assets increased 55% to A$996.3 million Acquisition of five properties for ¥31.8 billion (A$312 million) Average debt maturity of 3.5 years with less than 3% maturing in the year ending 30 June 2009 Debt to total assets of 54.6% with interest cover of 3.8 times 41% (by area) of the office portfolio was reviewed in the period with the average increase in passing rent equating to 11.1% Occupancy remains high at 97.6%

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