Second Meeting Of Creditors Of Company Under Administration

The purpose of the meeting(s) is:

1. to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company(ies); and
2. for the creditors of the Company(ies) to resolve that:
   1. the Company(ies) execute a deed of company arrangement; or
   2. the administration(s) should end; or
   3. the Company(ies) be wound up.

Other agenda items are:

1. To consider the approval of the Administrator remuneration;

2. For creditors to resolve that:

(a) A Deed of Company Arrangement be executed; or

(b) The Administration should end; or

(c) The Company be wound up; or

(d) Second meeting of creditors be adjourned.



IN THE EVENT CREDITORS VOTE IN FAVOUR OF THE EXECUTION OF THE DEED

3. To consider the nomination of a person(s) to be Deed Administrator(s);

4. To consider approval of the Deed Administrator(s) remuneration;



IN THE EVENT STEP FORWARD INVESTMENTS (AUSTRALIA) PTY LTD IS WOUND UP

5. To consider the nomination of a person(s) to be Liquidator(s);

6. To consider approval of the Liquidator(s) remuneration;

7. To consider the appointment and constitution of a committee of inspection;

8. Pursuant to Section 477(2A) of the Act, to authorise the Liquidator(s) to be able to compromise debts in excess $100,000;

9. Pursuant to Section 542 of the Act, to authorise the Liquidator(s) to be able to destroy the books and records of the Company within a period of six (6) months after the dissolution of the Company, subject to obtaining prior approval from the Australian Securities & Investments Commission (ASIC); and

10. Any other business.