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ARC FUNDS LIMITED M&A Activity 2008

Feb 10, 2008

64416_rns_2008-02-10_7dea1b57-80fe-41a1-9521-78417dc1b76b.pdf

M&A Activity

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==> picture [149 x 96] intentionally omitted <==

TAKEOVER OFFER FOR GOLDLINK GROWTHPLUS LIMITED NOW CLOSED

Tidewater Investments Limited’s (“ Tidewater ”) takeover offer for Goldlink GrowthPlus Limited (“ GrowthPlus ”) closed at 5pm (Sydney time) on Friday 8[th] February 2008.

As required under ASX Listing Rule 3.3:

  1. At the conclusion of the offer period, Tidewater is entitled to 25,144,324 shares of GrowthPlus, representing 83.81% of GrowthPlus issued capital.

  2. Tidewater will not extend the offer further and does not intend to proceed to compulsory acquisition.

For further information:

Andrew Brown Managing Director

(02) 8258 0011 / 0418 215 255

Tidewater Investments Limited ABN 52 001 746 710

phone: (02) 8258 0000 fax: (02) 9230 0922 [email protected]

Level 4, 34 Hunter Street SYDNEY NSW 2000 GPO Box 4870 SYDNEY NSW 2001