PRL GLOBAL LTD — Major Shareholding Notification 2003

Aug 14, 2003

Asset Backed Holdings Limited ABN 70 006 788 754

Level 2, Troika House 129 Melville Parade, Como Western Australia 6152

Postal: Locked Bag 4 COMO WA 6952

Phone: (618) 9474 1799 Fax: (618) 9474 2281

Email: email@abh.com.au

ASSET BACKED HOLDINGS LIMITED

15 August 2003

BY EMAIL

The Companies Announcement Office Australian Stock Exchange Ltd Level 10 Exchange Centre 20 Bond Street SYDNEY NSW 2000

Dear Sir

FORM 604 - NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL SHAREHOLDER

Please see attached Form 604 received today from A L Rigoll.

Yours faithfully

NIELS J KROYER Company Secretary

Enc: Form 604

Notice of change in interests or entitlements of substantial shareholder

gives notice of a change in relevant interests

ANTONY LEONARD RIGOLL

$30 / 03 / 00$

form $604$ Corporations Law

$710(3)$

To: company name

Substantial Shareholder

Name:

1. Previous notice

insert date (d/m/y) The notice was dated (d/m/y) Particulars of the substantial shareholder's entitlements to voting shares in the company at the time at which it was last required to give a substantial shareholding notice to the company are contained in the notice given to the company on: $30/03/00$

ASSET BACKED HOLDINGS LIMITED (ACN 006 788 754)

1. Previous and present entitlement to voting shares

The total number and percentage of shares in each class of voting shares in the company to which the substantial shareholder was entitled when last required, and when now required, to give a substantial shareholding notice to the company, are:

Class of voting shares	Previous notice		Present notice.
	. Total number	Percentage of class	Total number	Percentage of class
Ordinary Fully Paid	3.485.903	—6.9%	3,516,853	6.9%

1. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests of the substantial shareholder or an associate in voting shares to which the substantial shareholder is or was entitled since the substantial shareholder was last required to give a substantial shareholding notice to the company are:

Date ofchange	Person whose relevant interestchanged	Nature of change	Consideration given inrelation to change	Class and number of shares affected
11 Jun 02	Anstal Investments Pty Ltd	On market purchase	$408	950 Ordinary Fully Paid
$13$ Jun $02$	Anstal Investments Pty Ltd	On market purchase	$2,280	6,000 Ordinary Fully Paid
18 Jun 02	Anstal Investments Pty Ltd	On market purchase	$1.520	4,000 Ordinary Fully Paid
9 Sep 02	Anstal Investments Pty Ltd	On market purchase	$6,200	20,000 Ordinary Fully Paid
24 Jul 03	A L Rigoll (A L Rigoil Family A/c)	On market sale	$315,778	2,255,560 Ordinary Fully Paid
24 Jul 03	Bluffpoint Corporation Pty Ltd	On market nurchase	$315,778	2,255,560 Ordinary Fully Paid

4. Present relevant interests

	Particulars of each relevant interest in voting shares to which the substantial shareholder is entitled after the change are:
Holder of relevant interest	Person entitled to be registered as holder	1 Nature of relevant interest	Class and number of shares
Anstal Investments Ptv Ltd	. Anstal Investments Pty Ltd	100% interest	. 1,261,293 Ordinary Fully Paid Shares
Bluffpoint Corporation P/L	. Bluffpoint Corporation P/L	100% interest	f 2,255,560 Ordinary Fully Paid Shares

1. Changes in association

The following persons mentioned in this form have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial shareholder in relation to voting shares in the company:

Name	Nature of association
Bluffpoint Corporation Pty Ltdمدد	100% controlled by Mr Rigoll
	------------------------------------

1. Addresses

The addresses of persons named in this form are:

Name	Address
Antony Leonard Rigoll	9 Warnham Road, Cottesioe, WA, 6011
Anstal Investments Pty Ltd	9 Warnham Road, Cottesioe, WA, 6011
Bluffpoint Corporation Pty Ltd	9 Warnham Road, Cottesloe, WA, 6011

$\hat{\mathbf{r}}$

Signature

name Antony Leonard Rigoll

signature

$n_{max}$

date $14 / 08 / 2003$

Notice of change in interests or entitlements of substantial shareholder

gives notice of a change in relevant interests

ANTONY LEONARD RIGOLL

form $604$

Corporations Law $710(3)$

To: company name

Substantial Shareholder

Name:

1. Previous notice

insert date (d/m/y) The notice was dated (d/m/y) Particulars of the substantial shareholder's entitlements to voting shares in the company at the time at which it was last required to give a substantial shareholding notice to the company are contained in the notice given to the company on: $30/03/00$ $30 / 03 / 00$

ASSET BACKED HOLDINGS LIMITED (ACN 006 788 754)

1. Previous and present entitlement to voting shares

The total number and percentage of shares in each class of voting shares in the company to which the substantial shareholder was entitled when last required, and when now required, to give a substantial shareholding notice to the commany, are:

Class of voting shares	Previous notice		Present notice	.
	Total number	Percentage of class	Total number	Percentage of class
Ordinary Fully Paid	3,485,903	---6.9%	3,516,853	6.9%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests of the substantial shareholder or an associate in voting shares to which the substantial shareholder is or was entitled since the substantial shareholder was last required to give a substantial shareholding notice to the company are:

Date ofchange	Person whose relevant interestchanged	Nature of change	Consideration given inrelation to change	Class and number of shares affected
11 Jun 02	Anstal Investments Pty Ltd	On market purchase	$408	950 Ordinary Fully Paid
13 Jun 02	Anstal Investments Pty Ltd	On market purchase	$2,280	6,000 Ordinary Fully Paid
18 Jun 02	Anstal Investments Pty Ltd	On market purchase	S1.520	4,000 Ordinary Fully Paid
9 Sep 02	Anstal Investments Ptv Ltd	On market purchase	$6,200	20,000 Ordinary Fully Paid
24 Jul 03	A L Rigoll (A L Rigoll Family A/c)	On market sale	$315,778	2,255,560 Ordinary Fully Paid
24 Jul 03	Bluffpoint Corporation Pty Ltd	On market purchase	$315,778	2,255,560 Ordinary Fully Paid

4. Present relevant interests

	Particulars of each relevant interest in voting shares to which the substantial shareholder is entitled after the change are:
. Holder of relevant interest	Person entitled to be registered as holder	I Nature of relevant interest	. Class and number of shares
Anstal Investments Ptv Ltd	, Anstal Investments Pty Ltd	100% interest	. 1,261,293 Ordinary Fully Paid Shares
Bluffpoint Corporation P/L	. Bluffpoint Corporation P/L -	100% interest	F 2,255,560 Ordinary Fully Paid Shares

1. Changes in association

The following persons mentioned in this form have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial shareholder in relation to voting shares in the company:

Name	Nature of association
Bluffpoint Corporation Pty Ltd---	100% controlled by Mr Rigoll
.

6. Addresses

The addresses of persons named in this form are:

Name	Address
Antony Leonard Rigoll	9 Warnham Road, Cottesloe, WA, 6011
Anstal Investments Pty Ltd	9 Warnham Road, Cottesioe, WA, 6011
Bluffpoint Corporation Pty Ltd	9 Warnham Road, Cottesloe, WA, 6011

Signature

name Antony Leonard Rigoll

signature

, Ryon.

date $14 / 08 / 2003$

ai