CLEARVIEW WEALTH LIMITED — Board/Management Information 2007

Oct 25, 2007

MMC

Contrarian

Limited

Level 8, 34 Hunter Street Sydney NSW 2000 GPO Box 4964 Sydney NSW 2001

Phone: +612 9224 0700 Fax: +612 9233 2275

ABN 83 106 248 248

COMPANY ANNOUNCEMENT

Date: 26 October, 2007

MMC Appoints New Company Secretary

MMC Contrarian Limited (ASX listing code: MMA) is pleased to announce the appointment of Brian Wright as Company Secretary effective the 26[th] October.

Brian joined MMC on 17[th] September as its Chief Financial Officer. David Mackaway has resigned as Company Secretary effective 26th October.

For further information regarding this announcement, please contact:

Kevin Eley Chairman MMC Contrarian (+612) 9221 7155

About MMC Contrarian Limited

MMC Contrarian Ltd (ASX listing code: MMA) is a listed financial services company that:

• Creates and invests in unlisted boutique fund managers in various asset classes;

• Acquires strategic stakes in existing funds management business; and

• Generates income for shareholders from two sources (a) returns on a pool of listed equities, cash and funds that are managed by its investee companies and (b) recurring earnings from each manager that it creates or acquires.