CLEARVIEW WEALTH LIMITED — M&A Activity 2009

Oct 25, 2009

GPG

Guinness Peat Group (Australia) Pty Limited ABN 13 052 245 191

Level 41, Gateway 1 Macquarie Place SYDNEY NSW 2000 Telephone 61 2 8298 4300 Facsimile 61 2 9251 9960

26 October 2009

The Company Announcements Platform ASX Limited

Dear Sir/Madam

GPG ACQUIRES MAJORITY CONTROL OF MMC CONTRARIAN

AND OFFER PERIOD IS EXTENDED

Ecurb Australia Pty Limited, a wholly-owned subsidiary of Guinness Peat Group (Australia) Pty Limited ( GPG ), wishes to announce that GPG’s holding in MMC Contrarian Limited ( MMC ) increased to 54.16% on 23 October 2009.

GPG now has majority control of MMC.

As a result of that increase, GPG’s on market offer has been automatically extended by 14 days in accordance with section 624(2) of the Corporations Act 2001 (Cth). GPG’s offer will now end at the close of trading on ASX on Friday, 6 November 2009 (unless extended).

Shareholders should note that:

• The MMC share price may fall after the offer closes. MMC shares closed at $0.41 per share on the day before the offer was announced.

• Shareholders who do not accept the offer will be minority shareholders in MMC.

• Depending on GPG’s level of ownership, it may seek to remove MMC from the official list of ASX (see section 9 of GPG’s bidder’s statement).

• MMC shareholders may have limited opportunity to dispose of the shares into a liquid market once the offer closes.

GPG’s on market offer is unconditional and provides MMC shareholders with the certainty of cash at a substantial premium to recent historical trading levels.

Shareholders should not delay the sale of their MMC shares on market now that GPG has acquired majority control. To accept the offer, shareholders should sell their shares on market by contacting their stockbroker or other financial adviser immediately.

Yours sincerely

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Gary H. Weiss Director