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INVESTSMART GROUP LIMITED Regulatory Filings 2010

Sep 1, 2010

65130_rns_2010-09-01_61115ea6-ddb8-41a0-8838-43ca1674bb84.pdf

Regulatory Filings

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Merricks Capital Pty Limited ABN 45 126 528 005 Australian Financial Services Licence 319477

==> picture [160 x 50] intentionally omitted <==

Level 1, 600 Chapel Street South Yarra VIC 3141 Australia Telephone +613 8319 8111 Fax +613 9827 9145

2 September 2010

Companies Announcements Office ASX Limited 20 Bridge Street Sydney New South Wales 2000

ASX Release – Update of liquidation of portfolio

Merricks Capital Pty Limited as the Manager of FAT Prophets Australia Fund Limited ( Company ) advises that as at close of business 2[nd] September 2010 the current portfolio of the Company now consists of 97.2% Cash and 2.8% remaining equity positions.

Merricks Capital

FAT - Update of Portfolio Change.docx