INVESTSMART GROUP LIMITED — Transaction in Own Shares 2009

Dec 22, 2009

Appendix 3E Daily share buy-back notice

Rule 3.8A

Appendix 3E

Daily share buy-back notice ( except minimum holding buy-back and selective buy-back)

Information and documents given to ASX become ASX’s property and may be made public.

Introduced 1/9/99. Origin: rule 3.6, Appendix 7C. Amended 30/9/2001.

Name of entity FAT PROPHETS AUSTRALIA FUND LIMITED	ABN
FAT PROPHETS AUSTRALIA FUND LIMITED	62 111 772 359

We (the entity) give ASX the following information.

Information about buy-back

1Type of buy-back2Date Appendix 3C was given toASX	ON MARKET 29 OCTOBER 2009

Total of all shares bought back, or in relation to which acceptances have been received, before, and on, previous day

3Number of shares bought back orif buy-back is an equal accessscheme, in relation to whichacceptances have been received4Totalconsiderationpaidorpayable for the shares	Before previous day	Previous day
	249,100	65,000
	$229,500.87	$60,925.40

• See chapter 19 for defined terms.

Appendix 3E Page 1

30/9/2001

Appendix 3E Daily share buy-back notice

				Before previous day	Before previous day	Before previous day	Previous day	Previous day	Previous day	Previous day
	5If buy-babuy-back	ck is an on-marke	t
				highesdate: 1	t price paid:$06/12/09	.93	highes$0.93	t price paid:5
				lowestdate: 0	price paid:$0.9/12/09	90	lowes$0.93	t price paid:
							highesunder	t price alrule 733:	lowed
Participatio							$0.96	.91
		n by directors
6Deleted 30/9/		2001.

Participation by directors

• 6 Deleted 30/9/2001.

How many shares may still be bought back?

• 7 If the company has disclosed an intention to buy back a maximum 2,649,469 number of shares - the remaining number of shares to be bought back

Compliance statement

1. The company is in compliance with all Corporations Act requirements relevant to this buy-back.

2. There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form.

==> picture [359 x 82] intentionally omitted <==

----- Start of picture text ----- Sign here: Date: 23rd December 2009Director----- End of picture text -----

Print name: Andrew Brown

== == == == ==

• See chapter 19 for defined terms.

Appendix 3E Page 2

30/9/2001