REEF CASINO TRUST — AGM Information 2012

Apr 19, 2012

916CR_0_Sample_Proxy/000001/000003

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NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given by Reef Corporate Services Ltd ABN 66 057 599 621 as responsible entity of Reef Casino Trust (Trust) that the annual general meeting of the Trust will be held in the Michaelmas Cay Room, Level 1 at the Reef Hotel Casino, 35 Wharf Street, Cairns, Queensland on 23 May 2012 at 2 pm.

Ordinary Business

1. Financial Statements and Reports

2. To receive and consider the Financial Report, the Directors’ Report, and the Independent Auditor’s Report to the Unitholders for the year ended 31 December 2011.

3. Election of Directors To consider and, if thought fit, pass the following as separate ordinary resolutions:

4. a) That the Honourable Keith DeLacy, being eligible, is re-elected as a Director of the Responsible Entity appointed by Unitholders.

5. b) That Mr Julian Hercus, being eligible, is re-elected as a Director of the Responsible Entity appointed by Unitholders.

Proxies or Representatives

A proxy form accompanies this notice of meeting. A Unitholder of the Trust who is entitled to attend and vote at the annual general meeting is entitled to appoint not more than two proxies to attend and vote instead of the Unitholder at the meeting. A proxy need not be a Unitholder of the Trust.

A Unitholder appointing two proxies may specify the proportion or number of votes that each proxy is appointed to exercise, and if the Unitholder does not do so the proxy may exercise half of the votes. The proxy form contains instructions for appointing two proxies.

The instrument appointing a proxy must be in writing signed by the appointer or that person's duly authorised proxy or attorney or, if the appointer is a body corporate, either under seal or otherwise executed as authorised by the constitution of the body corporate or signed by the appointer's duly authorised proxy or attorney.

A body corporate is able to authorise a representative to vote on its behalf. For corporate representatives a certificate must be executed under the common seal of that body corporate or otherwise as authorised by the body's constitution and must be produced at the meeting. The form required for that certificate can be obtained from the Trust's security registry.

Proxy forms and a copy of the power of attorney or other authority (if any) under which the form is signed must be lodged at the Trust's security registry, Computershare Investor Services Pty Ltd, GPO Box 242, Melbourne Vic 3001 or at fax number 1800 783 447 (within Australia) or at fax number +61 3 9473 2555 (outside of Australia), not less than 48 hours before the time for holding the meeting.

Entitlement to Vote

The directors have determined, in accordance with the Constitution of the Trust that unitholders who are the registered holders of units at 7pm on Monday 21 May 2012 will be entitled to vote at the meeting.

By order of the Board

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Alison Galligan Company Secretary Reef Corporate Services Ltd 20 April 2012

EXPLANATORY NOTES

Item 1 Financial Statements and Reports

The Financial Report, the Directors’ Report, and the Independent Auditor’s Report to the Unitholders for the year ended 31 December 2011 are set out in the 2011 Annual Report which can be viewed on the Trust’s website: www.reefcasino.com.au/trust. There is no legal requirement for a formal resolution on this item. However, in accordance with past practice a formal resolution is proposed and Unitholders will have the opportunity to vote on this item.

Item 2 Election of Directors

In accordance with the Trust Constitution, 2012 is an Election Year. Election years occur at 3 yearly intervals. Unitholders may appoint two eligible persons as directors of the Responsible Entity.

The two directors previously appointed by unitholders are eligible for re-election. No other nominations were received. The directors of Reef Corporate Services Ltd who are not the subject of a re-election resolution, support the re-election of Mr DeLacy and Mr Hercus.

a) Keith DeLacy

Keith DeLacy was appointed a director of Reef Corporate Services Limited on 1 December 1999. He is an independent, non-executive director and chairman of the Compliance, Audit and Risk Committee.

He is currently President of the Queensland Division of the Australian Institute of Company Directors (AICD), and is also on the AICD National Board.

He was born in Cairns and still lives there with his family. He was the State Member for Cairns for fifteen years and Treasurer of Queensland from 1989 to 1996.

Keith is Chairman of Nimrod Resources and is a director of Queensland Energy Resources (QER). He retired as Chairman of Macarthur Coal in October 2011 when it was taken over by Peabody Resources.

Over the years he has been Chairman of Australia’s largest cotton producer Cubbie Group, COFCO Australia, Queensland Sugar (QSL) and the Global Sugar Alliance, Ergon Energy and the Trinity Group, as well as a range of not-for profits.

For services to the community Keith has been awarded an AM, the Centenary Medal, honorary doctorates from both James Cook University (HonDLitt) and Central Queensland University (DUniv), and the Gatton Gold medal from the University of Queensland.

b) Julian Hercus

Mr Julian Hercus was first appointed a director of Reef Corporate Services Limited by Unitholders on 31 October 2000. He is an independent, non-executive director and a member of the Compliance, Audit and Risk Committee.

Julian Hercus is a consultant in aviation, marketing and tourism. He also has interests in several private and public companies.

He worked at Qantas Airways for 28 years and was Deputy Chief Executive Commercial for the four years prior to his retirement.

Julian holds a Bachelor of Science Degree from the University of NSW and has attended the Advanced Management Program at Harvard University. He is a Fellow of the Australian Institute of Company Directors.

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Lodge your vote:

By Mail:

Computershare Investor Services Pty Limited GPO Box 242 Melbourne Victoria 3001 Australia

000001 000 RCT MR SAM SAMPLE FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030

Alternatively you can fax your form to (within Australia) 1800 783 447 (outside Australia) +61 3 9473 2555

For all enquiries call:

(within Australia) 1300 552 270 (outside Australia) +61 3 9415 4000

Proxy Form

 For your vote to be effective it must be received by 2.00 pm Monday 21 May 2012

How to Vote on Items of Business

All your securities will be voted in accordance with your directions.

Appointment of Proxy

Voting 100% of your holding: Direct your proxy how to vote by marking one of the boxes opposite each item of business. If you do not mark a box your proxy may vote as they choose. If you mark more than one box on an item your vote will be invalid on that item.

Voting a portion of your holding: Indicate a portion of your voting rights by inserting the percentage or number of securities you wish to vote in the For, Against or Abstain box or boxes. The sum of the votes cast must not exceed your voting entitlement or 100%.

Appointing a second proxy: You are entitled to appoint up to two proxies to attend the meeting and vote on a poll. If you appoint two proxies you must specify the percentage of votes or number of securities for each proxy, otherwise each proxy may exercise half of the votes. When appointing a second proxy write both names and the percentage of votes or number of securities for each in Step 1 overleaf.

A proxy need not be a securityholder of Reef Casino Trust.

Signing Instructions

Individual: Where the holding is in one name, the securityholder must sign.

Joint Holding: Where the holding is in more than one name, all of the securityholders should sign.

Power of Attorney: If you have not already lodged the Power of Attorney with the registry, please attach a certified photocopy of the Power of Attorney to this form when you return it.

Companies: Where the company has a Sole Director who is also the Sole Company Secretary, this form must be signed by that person. If the company (pursuant to section 204A of the Corporations Act 2001) does not have a Company Secretary, a Sole Director can also sign alone. Otherwise this form must be signed by a Director jointly with either another Director or a Company Secretary. Please sign in the appropriate place to indicate the office held. Delete titles as applicable.

Attending the Meeting

Bring this form to assist registration. If a representative of a corporate securityholder or proxy is to attend the meeting you will need to provide the appropriate “Certificate of Appointment of Corporate Representative” prior to admission. A form of the certificate may be obtained from Computershare or online at www.investorcentre.com under the information tab, "Downloadable Forms".

 Turn over to complete the form



View your securityholder information, 24 hours a day, 7 days a week:

www.investorcentre.com

Review your securityholding

Your secure access information is:

SRN/HIN: I9999999999 Update your securityholding

 PLEASE NOTE: For security reasons it is important that you keep your SRN/HIN confidential.

MR SAM SAMPLE FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030

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I9999999999

Change of address. If incorrect, mark this box and make the correction in the space to the left. Securityholders sponsored by a I9999999999 broker (reference number commences with ’ X ’) should advise your broker of any changes. I 9999999999 I ND

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Proxy Form

Please mark

to indicate your directions

Appoint a Proxy to Vote on Your Behalf

XX

I/We being a member/s of Reef Casino Trust hereby appoint

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the Chairman of the meeting

OR

 PLEASE NOTE: Leave this box blank if you have selected the Chairman of the Meeting. Do not insert your own name(s).

or failing the individual or body corporate named, or if no individual or body corporate is named, the Chairman of the Meeting, as my/our proxy to act generally at the meeting on my/our behalf and to vote in accordance with the following directions (or if no directions have been given, as the proxy sees fit) at the Annual General Meeting of Reef Casino Trust to be held in the Michaelmas Cay Room, Level 1 at the Reef Hotel Casino, 35 Wharf Street, Cairns, Queensland on Wednesday, 23 May 2012 at 2.00 pm and at any adjournment of that meeting.

Items of Business  PLEASE NOTE: If you mark the Abstain box for an item, you are directing your proxy not to vote on your behalf on a show of hands or a poll and your votes will not be counted in computing the required majority.

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For Against Abstain
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• 1 To receive and consider the Financial Report, the Directors' Report and the Independent Auditor's Report to the Unitholders for the year ended 31 December 2011.

• 2a To re-elect The Honourable Keith DeLacy as a Director of the Responsible Entity.

• 2b To re-elect Mr Julian Hercus as a Director of the Responsible Entity.

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The Chairman of the Meeting intends to vote undirected proxies in favour of each item of business.

SIGN

Signature of Securityholder(s) This section must be completed.

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Individual or Securityholder 1 Securityholder 2 Securityholder 3
Sole Director and Sole Company Secretary Director Director/Company Secretary
Contact
Contact Daytime
Name Telephone Date / /
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