INVESTSMART GROUP LIMITED — Regulatory Filings 2009

Nov 1, 2009

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RESIGNATION OF DIRECTOR

As previously disclosed to the ASX on 1[st] , October 2009, Fat Prophets Australia Fund Limited (“FAT”) announces that Mr. Robert Bolton has resigned as Chairperson and non-executive director of the Fat Prophets Australia Fund Limited (FAT) effective 31[st] , October 2008. Mr Andrew Brown has taken on the role of Chairperson with immediate effect.

2[nd] , November, 2009

For further information:

Richard Fabricius Company Secretary (02) 9024 6725 richard.fabricius@fatprophets.com.au

Andrew Brown Chairperson (02) 8258 0011 andrew.brown@tidewater.com.au

FAT PROPHETS AUSTRALIA FUND LIMITED ACN 62 111 772 359

Level 33, 2 Park St, Sydney NSW 2000 telephone 02 8258 0015 fatfund@fatprophets.com.au