Investing Policy    

At the EGM on 23 July 2008 shareholders approved the following investing policy:

The Company intends to (i) dispose of the majority of its investment and development properties realising the value in such investments, (ii) focus on a reduced number of development commercial, retail and industrial property opportunities within the Target Region.

The Company may make investments in single properties which represent (by gross value) more than 25% of the Company’s total gross assets. The Board proposes to implement its own risk management procedures as are deemed suitable for companies similar in nature and size to the Company.