AIMS PROPERTY SECURITIES FUND — Capital/Financing Update 2012

Sep 27, 2012

==> picture [127 x 97] intentionally omitted <==

28 September 2012

ASX Code: MPS SGX Code: MacCookPSF

---

ASX Announcement

MacarthurCook Property Securities Fund

Fund Update

FOR IMMEDIATE RELEASE

The Responsible Entity of the MacarthurCook Property Securities Fund (“the Fund” or “MPS”), MacarthurCook Fund Management Limited (“MacarthurCook”), is pleased to provide the market with the following update.

Debt Repayment

The Fund has made the scheduled repayment of $2.5 million to OCBC on 28[th] September 2012 as part of its commitment to retire the debt facility with OCBC. This repayment was funded through the operating cash flows of the Fund and a related party loan of $800,000, on commercial terms and market interest rate, from AIMS Group Holdings Pty Ltd, being the holding company of MacarthurCook. The OCBC Debt Facility has now been extended to 30 June 2013.

Financial Update

The 30 June 2012 financial statements reported an NTA per unit of $0.146. Subsequent to the end of the financial year, the Fund’s investment in the APN Champion Retail Fund has been written down from $3,032,800 to nil following release of APN Champion Retail Fund’s audited results and NTA.

Additionally and as previously announced, MacarthurCook has received a favourable order in relation to the litigation against TFML Limited, the responsible entity for P-REIT. The orders in favour of the Fund amount to $17,764,204. However, TFML Limited have lodged an appeal of this decision and in response, MacarthurCook is seeking an expedited hearing of the appeal.

Head Office Sydney: Level 16, Central Square 323 Castlereagh Street, Sydney NSW 2000 Australia PO Box K222 Haymarket NSW 1240 Australia Client Services: 1300 655 197, 1300 362 117 Fax: +612 9281 7611 Email: mail@macarthurcook.com.au Website: www.macarthurcook.com.au

MacarthurCook Group MacarthurCook Fund Management Limited ABN 79 004 956 558 AFS Licence No: 258052 MacarthurCook Investment Managers Limited ABN 45 099 054 074 Licence No: 225357 SEC No: 801-66388 MacarthurCook Real Estate Funds Limited ABN 32 126 766 167 AFSL No: 318261

Sydney Melbourne Beijing Shanghai Tianjin Guangzhou Hong Kong Singapore

Following the $2.5 million debt repayment, and after adjusting for the APN Champion Retail Fund write down and favourable Court outcome the adjusted proforma NTA is $0.184 per unit (an increase of $0.038 per unit over the 30 June 2012 NTA).

If you have any questions in relation to this announcement please contact the Responsible Entity on (02) 9217 2727.

Yours Faithfully

==> picture [110 x 22] intentionally omitted <==

==> picture [110 x 21] intentionally omitted <==

Michael Goldman Head of Funds, Real Estate MacarthurCook Fund Management Limited

About MacarthurCook:

MacarthurCook Fund Management Limited (MacarthurCook) is a wholly owned subsidiary of the AIMS Financial Group (AIMS), which specialises in the investment management of direct property, real estate securities and mortgage assets.

MacarthurCook and AIMS manage over A$1.5 billion on behalf of over 20,000 Investors/borrowers as at 21 December 2012 and are the investment managers for the CWH Australia Trust, MacarthurCook Office Property Trust, MacarthurCook Mortgage Fund, Advance Mortgage Fund and MacarthurCook Property Securities Fund. AIMS also manages, in a joint-venture arrangement with AMP Capital, the AIMS-AMP Capital Industrial REIT in Singapore.

The MacarthurCook Property Securities Fund is listed on the ASX and the Singapore Exchange. The AIMS-AMP Capital Industrial REIT is listed on the Singapore Exchange.

About AIMS Financial Group:

Established in 1991, AIMS Financial Group is an Australian company with a solid track record and enviable reputation in the mortgage and securitisation markets. It has expanded to become an international financial group focusing on funds management, real estate investment, securitisation and mortgage lending.

AIMS is a 100% Australian owned business that has operated in Australia for nearly 20 years. AIMS started in Australia with only two staff and today have in excess of 100 staff in Australia. AIMS has been very active in introducing international investors into the Australian real estate market. During this time AIMS has attracted significant investment in Australian direct property from its international clients. Since 1999, AIMS has raised directly and indirectly approximately A$3 billion in funds from the Australian capital markets, with most of the RMBS (Residential Mortgage Backed Securities) rated AAA by both Standard & Poors and Fitch Ratings.

With offices across Australia and China and highly qualified, professional and experienced cross-cultural teams, AIMS Financial Group bridges the gap between Australia and China in various markets, especially in real estate, resources, technology, infrastructure, banking and financial services.