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Press, 6 September 1989, Page 45

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• Do not participate in bonus issues. a Earliest of optional conversion dates. b Half convert for cash (190 c or ords 1:1 on 31.3.87, or all on same terms on 31.3.89. c Cash at par or 1:1. ... d Cash at par or convert one-third of holdings on 1.4.87 or one-half on 1.4.89, balance on 1.4.91. e Convert at 81.5 per cent of then market value of the ords. f Final conversion date. , g Cash or convert half the difference between par and market values at 1.4.87, 1988 or 1989. k Adjusted for issues. m Exercise price. .... , . • p Exercise price may be varied according to rules set out in prospectus. q 70 p.c. of weighted average price for July, 1988. r Anytime before 31.03.91. s or one month before bonus or cash issue, at 50c. t lesser of 200 c or 70% of average sales Nov. and Dec. 1989.

Share Last Sale Conversion Date Conversion Terms Allegra 3 15.3.92 200c Apple Fields Ararimu ' ... . 150 a30.9.89 50c 1 31.5.93 50c Australis 1 31.3.90 50c Bexley 5 31.3.90 300c Carr Bus 5 1.4.89 1:1 at 110c Carter 127 al.4.90 300c Chase 0.5 30.9.91 500c Compass DF 1.4.90 50c Coronet FE 6 31.7.90 1:1 at 50c Corp. Inv 215 30.6.91 1:1 at 200c Elders NZFP 41 30.4.91 1:1 at 425c Equiticorp Fin and Res 0.5 2 15.8.89 15.3.90 1:1 at A140c 1:1 at 62c Gold Res 1.5 a31.12.88 1:1 at 25c 6 31.3.89 p 60c Heritage Homer Greenlees 2 15 31.3.91 1.10.92 rap 1:1 at 100c Inv. Fin 1 1.4.90 1:1 at 185 Kale Cap 2 30.4.92 125 Kaurex 1 al.1.90 50 Landmark 20c 1 30.9.90 4:5 at 40c Main Corp 15 1.1.90 4:1 at t NZ Equit B 1 31.12.90 1:1 at 300 NZ Skifields 10 1:6:89 1:1 at 125 Normedia 15 1.7.89 m 50c OHL Corp 3 20.4.92 2:1 at 150c Oilfields 10 30.9.88 m par Omnicorp 15 31.3.91 50c Paladin 2 31.3.88 1:1 at 50c Premier 1 31.3.90 1:1 at 5c Prodigal Somex 1 1 30.9.90 31.12.91 5c m 25c Summit 5 15.4.90 25c Woodstock 8 1.1.92 1:2 at 60c