Meeting Of Creditors

Agenda items are:

• to fix or determine the remuneration of the external administrator(s)
• to fix or determine the future remuneration of the external administrator(s)
• to consider the early destruction of books and records
• any other business

• To consider and approve that the Administrator / Deed Administrator and/or Liquidator be authorised to enter into an agreement pursuant to Section 477 (2B) of the Corporations Act, including but not limited to:
  
  - Legal Advice;
  
  - Taxation or Other Advices (as appropriate);
  
  - Australian Securities and Investments Commission ( " ASIC " ) Assetless Administration Funding ( " AA Funding " );
  
  - Fair Entitlements Guarantee ( " FEG " ) (formerly known as General Employee Entitlements and Redundancy Scheme ( " GEERS " ));
  
  - Litigation and/or creditors funding
  
  and that the remuneration provided under any funding agreement of the Administrator, Deed Administrator and/or Liquidator, his partners and/or staff, to be fixed on a time basis at the rates of Jamieson Louttit & Associates from time to time with such annual increases (if any) no greater than ten percent (10%), beyond which further approval may be sought from creditors, and/or as subsequently agreed.