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CLEARVIEW WEALTH LIMITED Fund Information / Factsheet 2007

Jul 8, 2007

64733_rns_2007-07-08_bdf6bbdf-bda5-4675-b8fa-dae8f74194bb.pdf

Fund Information / Factsheet

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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

9 July 2007

MMC’s Contrarian Global Value Fund commences operations

MMC Contrarian’s latest investment vehicle, the Contrarian Global Value Fund, has commenced operations. A product disclosure statement (PDS) has been issued and initial funds invested are $20 million from MMC Contrarian. A number of investments have already been made and an investor update will be issued in due course.

If you have any questions in relation to this announcement please call Andrew Fairweather on 02 9224 0700.

David Mackaway Company Secretary