rN rHE FED; couRr oF AusrRÁLrAQUEENSLAI{ D DISTRICT REGISTRYGENERAL DII/ISIOI{

No s¡2O71

tN THE ]úATTER OF RTITERCTTV TUIOTORWAY PTY LltlTED (ADmN|STRATORSAPFOINTED} (RECE¡YERg AI{D TIANAGERS APPIOINTED} (AND EACH OF THEcotpAiilEs LTSTED m rHE ATTACHED SCIIEDUtE)

ff,tcHAEL AI{DREW OYUEN, STEPHENJATIES. PARBERY A¡.ID CHRISTOPHER

CLARKE HILL !}I THEIR CAPACInES ASJOINT AND SA'ERAL ADTINISTRATORSOF RIVERCITY TOTORUIIAY PTY L|IIÏED

ßDm F{FTRATORS APPOINTED}(RECEIVERS AND HANAGERS

APPONTED) ACN fio 06s 304 (AND EACHOF TTIE COIIPAT.I¡ES LISTED IN THE

ATTACHED SCHEDULE)

Applicants

AFFIDAVIT OF HARNN MADDENswoRN oN 17 tsARcH.zoll

(Order 14 rule 2l

On 17 March 2011,1, MARTIN MADDEN of Level 5, Ohifley Tower, 2 Chlfley Square,

Sydney in üe State of New Souih Wales, Charte¡ed Acoountant, say on oath:

^'Jì"rú. lvflo.¿Å¡.-l/8uh,6.. .. ,. - ...

Filed on beha¡f of: T]þappllcants

Allen¡ Arthur Robln¡onLawyersDeuische Bank Plaoe DX 105 SyrrneiComer Hunter and Phillip Sûeets Tel (02) 9230,1000 Fa,r (02) 9230 5333

Ref JUWS:MRAS:Í ÐI 38229Sydney NSW æ00

tar6 Afi fiæ267ûß 1201 38¿29

Conte¡rtc

DocumentNumber

Detall¡ Parag¡aph Page

1. Afüdavit of Martin Madden swom on 17 March 2011 N/A 1

2. Certificate of compllance N/A 9

3. Exhibit MMI N/A N/A

2

1. On25 February2011 David Merryweatherand l, both parlnersof thefirm

KordaMenha, wer€ appointed as joint and several receivers and managers (the

Recelvers) of each of the followlng companies by National Australla Bank Ltd ln its

oapaoity as Security Trustee of the Norh 9outh Bypass Tunnel Security Trust:

(a) River0lty MotomåyAeset Nominee 2 Pty Limited (ACN 117 ¿md 158)

(admlnlsbators appoi nted ) (recelvers and managers a ppointed)

(b) River0ity MotonrayAsset Nomlnoe F'ty Limited (ACN 117 1397141

(admlnlsfators appolnted) (recoivers and managers appolnted)

(c) River0ity Motonrvay Finance Pty Llmited inCn 117 139 303)

(adminlstsators appointed ) (receivers and managers appol nted)

(d) RiverCity Motorway Holdings Pty Limited (ACN r17 279 188)

(administrators appointed) (recelvers and managers appointod )

(e) Rlr¡er0ity Motorway Pty Limited (ACN 116 665 304) (admlnlstrators

a ppointed ) (receivers a nd managers appolnted)

(f) RiverGlty Motorway Construc[ion Pty Limited (ACN 117 139.554)

( adminlstrators appointed) (receivers and ma nagers appointed)

(g) Flow Tolling Pty Ltd (ACN 134 967 356) (admlnlstrators appointed)

(receivers and managers appolnted)

(h) RiverOlty MotonrvayServices Pty Llmlted (ACN 117 139 992)

(admi nishators appointed) (recelvers and managors appointed)

(colleotively, the Gonrpanles)

Z. As at 25 February 2011, the beneficiaries of the North South Bypass Tunnel

Seotrrity Trust were and continue to be a syndlcate of financiers (the Lenderc)

who are parties to a Subocription Agreementwiüt, among others, the Companles

dated 23 May2006.

3. The principal asset of the Companies ls he rlght to operate and toll a 6.8 l<ilometre

tollroad including trvin, turolane 4.8 kllomete tunnels, known ae the CLEMT

Motorway. Construction of the motonrvay was completed in early 2010 at a total

cost of almost $2bn.

4. Exceptwhere otherwise indicated, in whlch case I state the source of my

knowledge, I make üris affidavit from my own knowledge and from a review of the

books and recorde of the Companies.

f.C\o t^" "C\so1d.r-wúÅtars AOI 1 €8820'l g\ß 1m1 æ229

3

5. Exhibited to me at the time of sweadng this affldavit and marked 'MI5f is a bundle

of documents separated by numbered tabs (lhe Exh,bttl

Tlming of S¡le Process

6. As receiver¡ and managert, Vr Merryweather and I ere in the early stages of

. considering rrarious optlons and süategiee for selling the business and assets of

the Gompanies or reatructuring the Companies'debt. Mr Merryweatherand I

considerthat the buslnese and assets of lhe Companies must be sold as a going

conoem, in order to maximlse the sale price and also to preserve the jobs of

employees and maximise the potentlalreturn to creditors.

7. ln my experlence as recsiver and manager of slmllar lnfrastructure assets (the

Cross Clty Tunnel and the Lane Cove Tunnel in Sydney), the rralue that a

purchaser is prepared to pay for the Companies will be determlned by flnancial

modelling þased on data relaling to taffic volumes and toll charges. Purchasers

will dlscount value to allow forany uncertainties in the forecastlng of trafñc

numbers. As the accuracy of üaffic forecasts improves (having regard lo historic

tnaffic volume data), the discount will reduce. ln my view, for a numþer of reasons

the accuracy of ûaffic forecastg will lmprove, as actual trafflc over the comlng

months is observed, and therefore the prospect of achleving a better price and an

lmproved retum to creditors will increase, if úre asset continues to operate and a

sale process is delayed for a perlod of time. The reasons lndude the followlng:.

(a) the CLEMT tunne.l operated by the Companles first opened to traffic ln

March 2010. From my experlence as receiver and manager of the Cross

City Tunnel and the Lane Cove Tunnel, my understandlng and belief is that

the flrst 18 months of operation of an urban tolled tunnel is a 'ramp up"

perlod during which usage patterns develop and tolllng is lntroduced. The

tunneloperated free of tolls untilApril2010. From 6 Aprllto 30 June 2010

the toll prloe for cars was S2.95. From 1 July to 14 Novembor 2010 that

price was $2.00 and since 15 Noræmbei,r 2}10the price for cars nas been

, $3.00. At the end of the'ramp up" period it is expected that usage pattems

wlll stabillse such that future baffic volumes will be able to be forecast wlth

a greater degree of accuracy;

(b) From my prlor experience a{¡ Receiver of the Lane Cove Tunnel and the

Gross City Tunnel, lt takes a perlod of time to stabilise the traffic follouring

opening and thls impads the r¡alue oonclu¡ions of potentlal buyers. Lañe

Cove Tunnel and Groes CltyTunnelwere sold approximately three years

{/$ln!itaß A0l 1 693207 gvo 1 2O13t229

ô¡Ct¡o.I^- ô'f'\o^.t\Å{-

4

and two years respeclively after opening wnen trafflc ramp up uvas

achleved.

(c) The traffic ramp up pattem has been recenüy impacted by the f,ooding in

Queensland adding further uncertainty to assumptions underlyng lhe long

term forecasts.

(d) lt is also intended that the toll charges for use of the CLEMT tunnel wlll be

increased durlng 2011. Prospective purchasers (or tnaffic consultants

engaged by them) typlcally require several months of traffic data following

the toll increases in order to accurately assess the impact of lhe toll' increases on trafñc volumes and profitability and hence the value of the

tunnel;

(e) the tsrlsbane nirport Link project, whlch ls cunenüy under construction,

wl.ren completed wilf connectwith the CLEMT tunnel. The prospectus

issued by the Companies ln 2006 noted that Airport Link was expected to

enhance the amenlty of the tunnelto motorists by providing a direct

connection to Brisbane's air and seaports and that strong groufft was

forecast on the six mafor arterial roads to Clem 7 (lncluding Airport Llnk

when opened). The "BrisGonnections consortium'that is responsible for

constructlon of the Airport Link has stated that the project is scheduled for

completion ln mkl-2012 and that tñe design and construcüon elements of

the prdec{ are operating to schedule. A tn¡e copy of a printout from he

'FAQs" section of the website wtttw.brlsqþ,nnections.cçm wttich sets out

this lnformation i$ at Tab 1 of the Exhlblt. lt is expected that prospectlve

purchasers (or tafñc consultiants engaged by them) wlll requlre several

monthe of traffic data followlng the openlng of the Brisþane Airport Link in

order to accurately assess the lmpact of the inorease in trafflc volumes and

the profltrabllity of the Gompanies

(f) The management forecast prepared in late 2010 included an increase in

traffic of more han 10% following the openlng of Alrport Llnk (the precise

figure ls æmmerdally sensitive and confidential).

For the above rsasons, the Receivers' present vlew ls that the sale prioe and the

retum to creditors is likely to be maximised by waiting for up to 16 rnonths before

commencing a sale proooss or a debt reshucttlre.

lf and when a sale process is commenced, the Receivers anticipate engaging an

investnent bank to asslst ln managirB that prooess and promotlng the business

¿4Y14!^'brs A0l 1 0S32073v0 1201382æ

71^n rlL n{\oÅd.Â--

5

and assets of the oompany lntemationally. Once a preferred bidder is setected,

further time will be requlred to negotlate the tenns of any sale. I estimate that

marketing, negotiatlng a¡d document¡ng the sale is likely to take around 5 months

trom the commencêrnent of lhe sale process.

lmportance of maintaining flexibllþ ln structure of sale

10. Potenüal purchasers of the Companies may be lnterested in utllising a Deed of

Company Anargement structure to acqulre the çompanies' business and assets.

Such a transaotion woulÇ involve a sale of shares in the Companles, including as a

condltlon precedent to a sale that each of the Companles enter into a Deed of

Company Anangement(a DOCA såare sale).

11. A DOCA share sale may provide potential bidders with certain advantages

lncluding cost savings (by avoldlng the need to assign or novate contracts with

suppliers and customers) and potentlaltax advantages. The cost savlngs and tax

adrrantages may result iri a higher bid from potentlal bldders who opt for a DOCA

share sale as compared to the bld thatwould be submitted by those potential

þidders if a DOCA share sale was not availabls.

12. To my knowledge, no proposal that the Companies enter into Deeds of Company

Anangement has been receiræd by the administnators of the Companies to date. ln

the absence of a proposal that the Companles enter into Deeds of CoDPanY

Anangement prior to the second creditors meeting, those meeüngs will either

result ln a retum of control of the Companies to thelr dlrectors (who have all

resigned) or the appointment of a liquidator.

13. lf the Companles are placed in liqu'xlation ftis mgy impact on customer conüacts,

custorner retention and qmployee retenüon, and have adverse tax and stamp duty

consequences, potentlally reducing the retum to creditors.

14. To date, most suppliers to the Companies have refralned from terminating their

contracts on the basls of termination events that were tflggered by the appolntment

of administrators and the Receivers. However, the appolntment of a llquldator will

trigger a further termlnatlon event in a number oi conhacts wllh suppliers. This

may result in additiona¡ iosts belng incuned, including fte cost of the Receivers

tlme spent persuading suppliers not to terminate their confacts.

15. lf a llquidator ls appolnted before final blds are received and a DOGA share sale is

the prefened bid, a liquidator mþht consider it appropriate to appoint

admlnlstrators to the Companies at that stage. How6wr, thls would mean that tlre

process would need to be recommenced and the first and

^,,çld^_ ¡na*Å+

roluntary admlnlstratlon

tlñtqA401 1 0æ2673v6 1201382æ

6

second creditors rneeting hold agaln. Suoh a eourse would involve additional

professionalfees whlch would not be incuned lf üe Companies remain in

administration whlle the sale procôss proceeds. ,Such a courso would also involve

additional delay while thg fkst and second credltors meetings took plaoe wlrich

may rlsk delaylng completion of the sale transaction.

Etrocts of adminlstratlon contlnulng

16. As part of maint¡alning the business of the Companies as a golng concem, üte

Receivers are paying all'fade', lease and employee qeditors in the normalcounse

of þuslness durlng the receiwrship and our pregent intention ls to cont¡nue doing

so. All amounts due and payable to those credltors prlor to the Receivers'

appointment have been pald slnce our appointnent.

17. The Receivers arre also causlng the relevant Companies to comply with their

obligations to Brlsbane Clty Councll under the Proiect Deed between Brisbane City

Councll, River0ity Motorway Pty Limited and Rlver0lty Motorway Asset Nominee

Pty Limlted daled24 Mai2006 (the ProJect Defd0 and r¡ve intend to conünue to

çausô the relevant Gompanies to complywith thoee obllgatlons.

1'S. The continuation of the administration for a period is unlikely to cause the

Companies to lncur additional costs (such as additional interest payable to the

Lenders) whioh would not be incuned in any event if the Gompanies are placed in

liquidation, Acærdingly,.it is unllkely that the continuaüon of the administratlon wlll

adversely atrect the amount wtrich unsecured creditors would recelve in any

subsequent dlsfibution under a liquidation.

19. On 7 March 2011 the Recoivers and the adminisFatorc recelwd a letterfrom

Mirvac Capital Pty Limited (as trustee for üe Cannon Hlll Property Trust) (lllruac),

the Lessor of a propertyat 19 Corporate Drlve, Cannon Hill which is leased to

RiverCity Motonray Pty Limited (one of the Companiesl(lhe Propertyl. ln the

letter, Min¡ac:

(a) referred to the appointment of an administratqr and lhe Receivers and

stated that the appointments constltuted events of defaultforthe purposes

of chuse 15.1 of the lease of the property (the Leace):

(b) purported to give rotice to remedy the defaults withln 14 da!¡s; and

(c) ' reserved allof its rights in relation to the Lease.

20. The admlnlstrators replied to the above letter on 14 March 2011 stating that they

were not in a poEitlon to remedy the relerrant events of default. True copies of the

N'o-l¡ters A0l 1 6S:!2073v6 120t3B22lt

¿l^f\q'ü^ ô¡qo^(ot-

21.

22.

letter from Mirvac dated 7 March 2011 and the letter from the admlnlsbators dated

14 March 2011 are at tab 2 of the Exh¡blt.

It is not clearwhether Mirvac intends to termlnate the lease and take possession of

the Property at the concluslon of the adrninistration of the Companies.

The Gompanies have paid all rent that is due to date underthe Lease. True

oopies of the last three monthly invoicss issued by Minrac togetherwlth

conespondlng payment summaries evidencing payment of the amounts invoiced

are attaþ 3 of the Exh¡bit, The Receivers lntend to continue to cause the

Companles to pay rent as and when lt falls due.

The Property is used as the call centre for the buslnesses operated by the

Companies includlng lhe'Flou/'tolling buslness wfi¡ch canios out customor

service and'tolling for the CLEMT motorway and another sectlon of motoruay' known as the "Go Between Bridge" wlrlch is operated by Brlsbane City Council.

The call centre operated at the Property is substantial involving the use of around

60 workstations. Approximately 60 people employed by FlowTolling Pty Ltd and Ipeople employed by River0ity Motonray Pty Limited work atthe Property. The

tolling systems are the prlmary sourco of revenue for the Companies and the

contlnuing operation of the call cðnfe is of critical lmporùance in sustaining the

tolling systems and a requirement of Briebane City Council under the Project

Deed. lf the Companles fall to maintain the call centre procedures thls ls llkely to

lead to an Event of Default underthe Project tþed.

lam lnformed bytne Cn¡ef FinanclalOfficer of the Companies that relocatlng the

call centre would be a costly and time consumlng process. ln partlcular, I am

informed by the CFO that:

(a) ln order to operate, the call centro requlres a dlrect "dark fibreo connection

with the data centre operated by the Conipanies. lt is estimated that the

cost of installlng á new connection to a new call centre would requlre

around 40 days notice and would æst up to $350,000;

(b) if it is necessary to relocate the call centre to an area in Brisbane that is not

within the Cannon Hill postcode it is expec.ted that the maJorlty of existing

statrwlll not relocate. Thls wlll result ln sþnificant recn¡itment and training

costsfor new staff.

(c) because of the flt out requirements of the call cente (including 60 work

stations and computer terminals, lÏ seourity and other equlpment and

23.

24.

Ufil^J;tar! 401 1€09æ7ô/6 I 201 38¿29

An^^h- /"no"tJ.,o-.

I

servioes) üre process of finding a suitable properly could take up to 12

weeks and furûrertime may be taken to installan appropriate fit-out.

(d) lhe total cost of relocatlng the call centre to another property in the Cannon

Hlllarea (le. excludlng the retraining costs refened to in 24{b) aboro) is

estimated at approximately $600,000 to $700'000 and could take between

26 to 54 weeks.

25. A true copy of a memorandum t have received frbm the Chief Financial Officer of

the Companles ls at tab 4 of the Exhib¡t

26, For the above reasons, any attempt by Mirvac to seek possession of the Prcperty

gt the concluslon of the adrninlstration would slgnllloanüy lmpact the Receivers'

abllity to oontinue to trade the Companles' buslness and to obtain the best possible

reh¡rn for the Companies' credltors. Both of these objectives uould be supported

by an exterrsion of the administration due to the moratorlum under section 440C of

the CorporatlonsAct.

27. For the reasons set out above, the Receivers support the Applicants' application

for an extenslon of the convening period under s 4394 anö s 4474 of the

Cryorations Act.

Berore me lÃlt l;

Solicitor

Corner Hunter St and Philip StSydney NSW 2000

SWORN by ilartln lladden at Sydney lnüre State of New South Wales thisSeventeenth day of March 2011 ^r(bfu ^"Q^4rt-¡--

tar8 A0l I 6932673Y0 1 æ1 3&129

I

IN THE FEDERAL COURT OF AUSTRALIAQUEENSLAND DISTRICT REGISTRYGENERAL DIVISION

No o12011

IN THE iIATTER OF RÍVERCITY MOTORWAY PTY LTD ACN 116 065 304(ADI[ I NISTRATORS APPOII{TED) (REc EIVERS AN D ilANAGE RS AP POI NTE D) andtñe other companles llsted ln the Schedule of Gompanles

CHRISTOPHER CI.ARKE HILL, MICHAELAI,IDREW OWEN At{D STEPHEN JATESPARBERY .

Applicants

AFFTDAVTI - CERTIFICATE OF COtPLlAl.lCE(Order 14 rule 5A)

l, , certify to the Court that the affidavlt of filARTlN

MADDEN sworn on 17 March 2011 and filed on behalf of the appllcants complles with

Order 14 rule 2 of the Federal Court Rules.

Dated March 201f

Solicitor for the applicants

Flled on behalf of: The appllcants

Allon¡ Arthur RoblnsonLawyersDeutsche Bank Place DX 105 SydneyCorner Hunter and Philllp Sbeets Tel (02) 9230 4000 Fax (02) 9230 6333Sydney NSW 2000 Ref JIMS:MRAS:12O13829

taæ A01 10032073v0 1 201 38429

10

IN THE FEDERAL COURT OF AUSTRATIAOUEENSLAND DISTRICT REGISTRYGENERAL DtvlSION

No oÍ 2O'11

IN THE HATTER OF RIVERCITY TOTORWAY PTY LTD ACN 116 605 304(ADt[ TNISTRATORS APPOI¡| TED) (RECEIVERS At{ D ilAìIAGERS APPOINTED} andtfie otlrr companler ll¡ted ln the Schedule of Gompanles

cHRtsToPltER cl-ARKE HILL, IUIICHAELAI{DREW OWEN Al{D STEPHEN JAiIESPARBERY

Appllcants

E:XHIBIT NOTE

This ls the exhibit marked 'tHl' produced and sholvn to MARTIN MADDEN at the time of

swearing hls affidavit thig llh day of March 2011.

Before me

LttQ VtnnaliSolicitor

Corner Hunter St and Philip StSydney NSW 2000

Filed on behalf of: The applicanùs

Allons Arthur Robln¡ont-atqlers[þutsche Bank Place DX 106 SYdneYCorner Hunter and Phillip Steets Tel (02) 9230 4000 Fax (02) 9230 5333gydney NSW 2000 Ref JI,JWS:MRAS:120138229

Þrs 401 t08¡20¡1¡v6 1 2013/f22g

.t0N üE FEDERâL COIßrOf ßrSln urlOUEE]IELâüID UgTRICf, REO| TRY. GEilERâL DlVlSOl{ No d 201I

. III NlE NAÍTER OF RN'ERCIIY TOTORWAY PTY LlD ÂGTI IIO OTT 3OI(ADnnrsfRAToRt APPTOIilTED)'(RECEIYERS AtlD ilAûIACERE APFoIIITED) rndiho oüü oo¡nrnh lbbd ht tho 8cñodtfc olGornr¡lr¡

G}IRITTOFHER CL/TRKE IIILL TIICIIâELAilDßET' OU'ET{ A]ID STEPHE¡{ JATESPARFERY

Appllctnb

Ë[lBlT ]loÏEThls ls fie oùût¡t ma*ed 'tIf ' ploduaed and shoum to MARflN MADDEN at lñe tlne of

$voadng hlg afildàrltürb 17t'thyof Mardt 2011.

Bsfo' mo {fu,'(|LrCîâ Vtnet¿h

SoNldior

Comer Hunþr $t and Phlllp StSyüneyNSW20m

Flcdonbchlltof: fhc¡ppllortbAllonrâ¡üurRoül¡ronl¡u,FttOq¡trú¡BúIFlæ DXl0OSYüncYcoíüùl¡rürldFfirrpsürot¡ Td oalelgo¿lo(þ Fu (t¿)æ30639eSdnry Ngw 20(Þ Rtf JtW8tlRll8:î2Ot3fiüÐ

TAB 1

Wbs 401 10908500v1 1æ138¿29 17.3.2011 Page 1

.iiroortnolther no

BfflSCt)NNÊCi IOi\JS rot¡nda

FAQs Page I of4

A A A.$

wlro It drllwÌùra th. Folacaa?fhe QueerEhnd Cõvernrn.nt ðppokìtrd ðllsconnsd¡on9 to dôlhrêr the AlÞort Uok, ¡lorthm Briswry (l¡Yhd3or toKs.l$.r) ônd A¡Don ¡und¡bo(¡t Uogrrde Pror!ús.

8d¡ConrEcdons b lbt€d on th! ASX Ënd $,lll dcdgn, cústruG, opñte, mintain ¿nd nn¡ncô AlÌport Unk fo. r pêrlodof45 yrar!. Bdsconne(tlm will als dollver tho t{orthaÍn Eúgwôy (Mndsor to Kc{trcn) 8d A¡rport RoundâboutUpgr¡(þ pþJeds, çhlch nlll bc hôndod þacl to thc Ståta uOon cornDl.üon.

nlcs lohn ttollsnd, à Jglnt vsntuß bgtìveeû Tñica9 and John Hollrnd GrouÞ hÐs ÞH @ntr¡.teó by Erî3cônnectlo¡sto d€s¡qn rnd ffislruct uìc pror€rtt.

fñlß ¡ohn Holbnd S€rulcË, ¡ lolnt vorll/rs b€ttreen f¡fcr¡ SoMcç3 tîd ¡hn Hollånd Sæ¡€rs, will opo¡ãtt a¡dmâlht¡in thê toll rc!ó on coñþlêtlon.

whln wlll thc pror.cÞ ba oomp¡.t ?

^|fport Llht rnd iloitism Buswôy (lv¡nd¡or to l<.dmn) ôrs sdlcdulcd for côrrrpl6tioì lô ñld 2012,-w¡th Alruort

fþûndltout upgr¿dô (ARU) comprcted Eafl¡s in lrtê 201r, ARU m3l ba completed plor to lm.tow toll¡fEcoí¡mcr¡clñe ot Àlrpoit Unk.

A¡r tñ! proractr oa actadulfgdti thc dlt¡gn rnd c0ñ!ù1¡(llon êlrmrnt! ol rftr Aleort Un¡ and l,¡ofl,lôm Bt,5rqy (Wlndro. to Xcdron) prûrctt¡ ¡Ëopêrlt¡ñg tô ldÉdulo, CrÞo7t Romdabout Upgladc commaard lour month, ahsad af ¡dledole fn Aoíll.

Hçw ll üìa 3tüa qot¡ttotllût ovaarælno tñc PþJ.ct,urdâr à publtc'9lvtn Prtr¡€rshlp (PPP) Irlscorîo€doffi çlll flnrnat, doslgn, @n*ruct, ornñigcon. oÉrut rîdrnrlÍtõln allpoÊ LJnk lbr r pc.lod of 45 yGaE

8f|lconnæúoos w¡ll âlôo dClver dæ wlndsoa to Kêdror s€ctlon ot th! S!8te'tundsd ilorthffi Bu¡wây ând lho a¡rportRoußdabout upcrôd6, þalorc hmdhg lt þûcl lo th€ st¡tÊ to oÞGråle åñd mahttln.

 Publlc.Èlvàtc PlrtîãEhlp (p?P) ls å contråctuÈl âmrg€Írcilt bctwccn Govmmüù arú the orlvlG ¡lctor whichhilrìe6se3 ùle ddlls and ctpâbilty ol tho prlvötc se$or in d6l9nlng, ónstroct¡ng, opcralng, rulnt¡lnlng oñdnnandn9 m4tr infrâstructurt HÞra(ts,

On€ of the l€V dtôrlctcrf 3tlc6 ot e PPÞ lr tlat tho Gommat mðintâ¡ñE control ot the lñfrailructürÊ by morlt*lngth€ prlvat€ rætorb pdfofmañcâ.

t'v. hea.d a lot abou¡ ¡rlaCoDna.floia ln tba ¡resi ,nl lau- wlüt rhlt hold.}l, wù.t lÉplet wlll lùl8hrvr olt tll. grgl¡rt?!¡onê. Tiâ Quåcndtnd Govemmcnt tus bun rlsursd that Er'lscmnætfons wlll ûr€€l lts obllgatþns to d6lgn å¡dcdtstruct Alrpot Un*. Nor$cm 8{¡3ïôy (Wnd3or to K.dron) ðnd ths AlrDon Roúndàôot¡t Up¡rade.

The prcJert ls ñ¡ly tuîd€d - ãf,{, 'Jnde4rrlt¡rn

by angcquâri€ CâÊtùl AdvborÉ rrd Oêutsche 8årìt - ônd thls remtlnstlEøs.

A¡rport Llnk

Wùrt lt AlrpoÊ unl rnd wh.r. doõ l¡ 90?AltDott Unk w¡ll bê üre llrst rìt or motoilôy llnking Edsbana dÌy to ths nsthêrn suburb8 ånd alrDoñ pruclßl,ryoldlrlg up to 18 *ts of lþhts.

Atîort Unt ls a 6.7tm tee"ow toll road, mûfnly und€rground. conngctlrþthg clcm 7 TurnBl, Inner C¡ty Byp¡$ andlocål rûrd nctvod( ðt tatì Hllls, to lho norürytìart!.1lb of 6ymplô Roí rnd Stt'ñotú Âold rt Kêdrûn, Srâde¡tsRoâd .nd thc aôst wa4 Artorl¡l lerdlng to th€ fipo*.

Entry .nÚ r¡lt go¡nt¡ br th¡ ¡ufprt.urf( toln€l wll bô loaôtcd ü:

loornbül . €a¡t we6t ArÞrfrl üd 9ôndg¡tè Roôd,Kodrgn - GymplÊ.nd stålfo.ú Rotdg

EIHome fha Prora.t Construcuon Env¡ionmcnt Commun¡ty ¡nvestors itaws Photo Gallary contact us

rnqucnüyârlcd Qu¡dbnr(þlct llnfrlPrþrcct dclþcry an.t pþrcrl mrnrgômô|lt >ltlorlArtort unk cnd ¡olltno >rno¡aNortlrtrñ Br¡t$ay >ûaÌaTlDflc mÞnrgcmlnt duriÂ9 coô8Ì|aedon >iþ¡rCoEtru(tlon rrìd lmp&lt >mqrlunnellhg >mortf\tr guallly >rroraProrcct dcCgn >mor!

Pro¡.ct Del¡vcry

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FAQs Page2of 4

8owôn HIb - 8orÊn Sf¡{rgG Roâd, tñne/ clty 8yÞa$, clem 7, c¡mpü€ll stæe¡

How ûrùcb r¡ll tña tolla b.?grtsconnôct¡oor hrr sôt tho'tolli at 2006 dolla. p¡lcer and ttÉy wll¡ þe lnderad ro llrc wlúr Brlsbrnc CPl. the tolls forcar! pr. trlD, ôpol¡cobb ln 2006 dollrE å16:

. Tol¡ôUr soc¡lon r (ôny þunìcv betseen 8o}len Hllls and Kedron'' $4.00

. Îo[able Sectlon Z (¡ny Jilrriry betìv36n Eowen Hlll¡ ñd Toombul) ' ¡¡1,00

. To[aHe sêcllon 3 (.ny Jdjr¡xry Þltrun l(cdron aod ToomþuD ' $3'00

lhr mrxtmum càr toll poy¡ble b 9l,00 ln 2006 dolla6. D¡ltænt tolls ¿tply lor llght lnd Ìrrvy comm€tcl€l vehkþ!.

¡l t ¡h.ld, hrv. rn r.be rlll I h..Ha tû uaa n to? ^¡tpo¡t

Uñ¡?y€s. El.ctflhlc fro!-flor tolllng wllt b€ lntrodu$d þr all Quær¡Lnd tdl roådÊ añd A¡¡port Unk t¡gs wlll bc fully¡nterop€râbls nith othôr Austrdltn loll to¡{lt.

Northe?n Surur¡y (Wlrld¡or to Kcd.on)

wh¡t b tì. ilorthro lsHry rnd úr¡t... .lo- lt !þ?The Northûn 8|¡twry wlll ba r two.ltna, trvo-wsy rq.d br biJs€s onv, øôno€tlng ñe lnncr No(tñcm &¡3wày ôt theRoy¿l Brlsbåna Hosoittl ùo Kedron vlû lhe Lutsy('l¿ Rord €orrdor. Thc bu3wöy wlll bâ urdÊrlrôund batì,v.een ÎruñSt¡ttt, lllndgor and Sadler Strcêt, X€dfûô, glrfåclñg ¡t tE twg nêw blEwôy stôdors Sltljâterl 0t Lltwyd[ cndÍldron (s¿e mp oYêrteôt).

Tìc Wln&or to Kcdrìtn rectlon of tlE ltorthãn BusrTây w¡ll bo consttuctcd fogcther wlù Alrpoñ Unk, Tlì€ NorthmEuasay (Wlridlor to Kcdron) wlll connaçt wlth thâ ex¡Et¡ng lnnêr NtnhGm Bì¡8rray àl thc Royal orlsbane & Womêrl'sHôspltðl¡ HêrÊto.ì to l(cdron vli thÊ LuttfltychÊ Rotd/GlFpþ load ooíldor.

(soe måps)

Whara wlll tùc tsrwfy br undrr¡ror¡rld?The br¡wðy r¡tl bê un¿crgr9und batren lturc Str.rt, wlndsor ånd Sadllt Street, Kedm, surfâdrlg ôt the ttto ôêw,ârcÎìltactur¡lly da¡lqmd buew.y stâtþns þc¡ted rt Lütú{yóe tnd Xcdron,

Oær comptei¡ wlll bur* rüll Þa rbL to ur. th. ruíftc. rorút ot dll ü., onlv lr. tho tlortftrD !u.w¡ytumaa?yes buæ€ wilt *flt ù! rDte to tnrlGl tffig th. rürfa6 ß¡dE. For fà¡t, lrðqrrnt blJ3 sô¡tlcaô oonn¿dlng thc clty rnónortìem subürbs. bü6cs wlll Gc thr ilort?lGm B(,gwsy ösßvean Wndsor ând (€drúñ, Hor€ detâllc oû bt¡3 ¡êrvlcc¡snó ltoF w¡ll b€ proy¡dsd by fô¡îôUnh clocor to tfiê oDrrfng of t !c n€r buswav atww.ù¡rllnlsm¡ll/ætthatnburwrY

Crn but.. u.. t¡ra ^lrpcÉ

llrt tunn.l?t{o. IhG

^lrport t¡nk þll ßr¡d rrlll þo þr motorlsts arly. 86eô w¡ll t¡go tho Northcm turlvôy tl¡nlË|.

Wlll ùl¡l ¡toPû nrd tlmaäù!., drrt¡. wh.6 tll rlottham EËwrt op.Ë?. .._

Once con¡fr¡LUm hat bcan comÞlctè4 tte f|orthü¡ &rsüy (t¡lndðor tô Kôdrorì) T.lll bo hôndad over to the StâteGov€míÉnt lor Trln¡Llnk to opc6t¿ rncl mr¡nttln. Plor to thê op.nlru ot thà Norihsrô 8r¡¡ray (wûdsot to íêdron)lnn3t¡nkt nds,ort Þltnô.r! w¡{ rGrtrw loc¡l bus sêrvlce3 to r€il.ÞlL'ty and t¡stor tr|rl tlm3 offlrsd by tho nôrbrrswðy.

wh't lr !l. ccn4r.t ¡irt¡ctrr. Ilr tña ltort ot tlta Royll lrbôuta ¡ woln.nt Ho¡tl¡l?Thb ls th6 ¡lo.th€rñ BÌtswây gtræ fl! (RBWH Euswôy Stâtloñ), rh¡er¡ þhn llollãnd ls orently constñ/cdng strgèt*t ot lio ilodlrcrn Bu¡wôy, conn€(dng úlê nBWH rt W¡ndsor rnd qr¡rrìd to lþdrcn vlà thc U¡tryYchs Ro¡d .ndGyltÞl! Rôûd corrldor.

lf yor¡ Foulrt llkÊ lnfsrË¡fon fiirtûem trfûtmatlm on thê t{onh.m 9{6way (st¿go on€} whídr b nffi op€n, vls¡tww,trrnsllnk.com,rry'mrthañrbusw3y.

Trtfflc

Hol¡ r¡rtl trrffc Þa rn¡ilalad alr¡tl.tt coltftluadcn?Thlcas ,ohn Hollûnd b wod(thg sith thr Itltb.nr I'lclntpollt¡r TnnGport I'lämgsn€nt cerìFe, tha Llcprftncnt ot l4tlnRôads, Tränaunk ãnd Brlsbãnè Cfty C¡undl tô eîsuc tr!¡ttc mlnrgsmÍrt ¡c æord¡nst d lhroughouf con¡tntt¡on ofthasr sit¡râl prorôô{3,

TtÍoßi9 Jols tlollðîd yrill 6nûÉ fegular û¡lnc rnrltsls rnd tl'llr tr¡vd surycy! to €n5srô lrâtfk tìow and ep¡c¡ty lsmtf¡tCnÊd.

to faciñtale construcdon ol üê p¡ore(ts, chrnoes to the .xlstlng faílc cordluons rlll bo noceôsårv to on¡ort trðfñcflow le målnÞlæd.

Hoû wlll ¡ lnoç rbout óangad ttafTlc ãrdltlildRoad u*lË w¡lt r€cdvs advrnoc nouncatlon ol cñrr9rd t¡allc coÍdldong vlt decroñh m6såg€ r¡9n5, hôffic tlert6,tô€rl trft¡rtox dtoF, the Þrolact tvcùrltê rfrw.bflscofinecl¡oûs.@dr,lu 0r by contrdlng tho :4 hour comíunltyHotllnc l8{to 72t iE3, Nðþr ùrôllìe dl¡lgoa wlll bc ðdv€rti¡€d ln læâl nawrÞâpsrs 0r ño çot|rlcr Mtll'

y@ ä d3o slgn up to rsodvÊ 9r'13 pmtd lr¿ll¡c slorts v¡â the prorcc wcbsltè w¡v.brlrconnecuons,@û,au.

gulþ dddE ¡rd .pprove¡ ch¡¡reú to ürt l'lfüc l.tsÕrh Corltrg oot*lrucaþn?ÎØpmry ôrngôs to ürc rcad nattiþrk and trâflE rnoyÉrnants w¡ll bô raqulrtd throlr0holrt thc prorcct3' @nltructþn¿n¿ wllt ¡ó su¡rittæ to 8liÞËnÊ CIW Cou'¡dl .nC $ra O€9årlrnônl ot ,lah RoâdÉ for rûl.w ånrl ¡0Þôvâl prþr toimplsmsnÞt¡on.

A¡a lncrard b.ltlc nþúGñaota on loaal rordr.rpacLd atutln¡ Gotùatt¡lcdol'tPlõtôiñû for Êon¡tn¡dlon ând ttdt¡c mônrgrrnrnt ls d€19ñed to m¡nlñlsc impltts þ trafnc fow. Oôt¡llod lmmêmanaoæ6t pl¡ß wlll ôñruË thr?e aô mlnhal ¡mÞ¡(È¡ on tråflc dualng oonsttuctloo.

Oû eoñgkdqr ot thc p?orêrt, cü trddanù .rPaGr lncrt¡ld Eüld. notanülù. oo local .oldr?A¡ss¿ on ttre ilrrdhg¡ oinro Ot eßt's envlror¡mÊnÞl lrntåct StùtdncÐt. lrìc€rsÊd Y€ù¡c¡c movcmcnts on lotðl ro¡d8are not äüdÞrEd !t . dlræt 7ËulÈ of A¡r?ort Unk.

Tñr fr..-forú toll rosd rlll ,!âkè the joumêy to úd fiþm tñt dty 6âl€r, laJs oongotbrd ¡nd f¡rt€r wlÉ laat stgrelnglnd strrúng, ttqr lmprovhg th€ llvlng ov¡ró.ìmsnt 11 adJâcont euþurùs.

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FAQs Page 3 of4

Conetn¡c6oll

tlow b l¡ia prolaúr m.rr¡¡ng nob. anó dr¡at drdng constn¡ctloll?All con¡1tu*on ,,o geomtê ¿u* rnd nól!ô, Hoveorêr enyircomêrìtal performanoe for th. prcJcct fr monlùoredconsl¡ntly, prñ¡qJlffly d|Âlt, noB€ ¡nd vlbrauon. St.rtca¡lr irnplèñânt¿d to reducê these lñÞÐ(is on-siG and lnn€lohùouring ôËôa hdudo:

. cov€dng stoclÞlleg âìd so¡l embmkmanú wlth lgp.gprldo dt¡st 5uppG$lon mosur€3r SÞ¡tying @n$ructlo.ì s¡tr¡ üd hðr¡l¡ge rout€a wlth ræyúlld wrttr. swècpfn! fElrby stllcts udng ¡ *llcd 3wc€pcr. UgnC tsnîÞortry nolgG þ.rlGG lîdudlng kndng and sllpp¡ng otåinorôt Usofrcoustlcthcdt. Whæl wrlh downs and

'ltmble gdd¡ prþr to €lrùing ¡lta lor húulrge ln¡<ks or gencr¿l construcüôn trllI¡c

. Condstent cd¡ronmcnt monlttlno

. whcÉ pôs€¡blê oarlyJrnd fablllEåtlon or lôndscðplno

. Coveñneottru¿L loãdt

. Orgânlc dt€m¡càl dtßt mlthàtlon ¡9r.fj

. Llmlüng clôald år"¡3.

Whrt b tfia Þrc!.c¡ dölne ¡bout mlll¡lrüon lot ptoectü¡ ¡tnDrda{ ùy aE¡rr(tioúDcspltc atl ôffoûs to mlnfmlfâ cqrstruct¡on lmptd¡ lh¡ough d€algn ond thc, meßurt3 àbovc' thlE möy ba smslturtlon¡ ühÊrê crrtåln lndlvlatuals trl e¡poscd to hþh l€valt of ongoiñe disruptlon.

Any properüe5 ¡dãtiñrd rs b6lñ9 ln th¡s dtuåtloñ *lll bê lnwstlgåled oñ an lndlv¡duôl b¡rls to cnsur! thô ,rorgctmrstt llrê reôsonlhb nc€d3 óf thè G¡dañt.

D€ændlng on thc dtutuôll sith thê Dropony, rnonttorlng wlll b€ und¡rtrken to cclrbllsh whcthgr tlË nolse, duit åndv¡b.ôdoí go¡ls, ôr¡ r€¡ by tlrc coordlnrtor grnrrô|, .ro being êxe€ded. the prored nray o{fer mitlgaüon mcDsu¡trthôt orê ææonable and pracdcal to m¡tlgËtè lmp¡cta l?om consfuctlon.

Tünncll¡ng

íow ,R tha trar¡ala Èalo¡ conrt?uclaó?A aorndnrtlorì of ¡únnclllng tchnlqus ¡É bdr¡g u6êd to €orElñrct thr A¡rpon Unk rnd Nonhcm Bury.Y tunnds:

fanæt l,orrûg ¡iltaht tar ítltlr) - two fBri¡ wlll Þe l¡undreú from tlrê toôñbul Ftdnal ând hêad wBl towôrdsLutwycà9 to conrtrucl r drulrr tunnôl profìlô whlô ¡rlll a@mmodôto a two' Itne r!ûrl Unrl(N'

> Hora lñtoÍmðtþn äbôut TEtil tunnêllfng

t;úttatdai NæNt aa - elcvafi Ãoldheader3 wlll ba? osâd to €¡6vôte the varied h¡nnel shapes necd€d ,or rd¡p8mêrglng ùtàs, egülg pægaoes ðnó br€akdown lânes,

Cut ¡nd êoyaa - thls conjt'ruc¡lrn technlque slll b! usrd lor srortg closor to th€ 3urfacs. Cut ånd covt trmelÊ ôrûfomì€d by ôrcrvâtln! â trtñch lhom tho surfae, 6nstructlog â tuoncl ûlthln h, thon bacmlllîg tfto lr€nch, Surfãærvorks lncludlng thè corìstruct¡on ot rolds ctn than ba c¿nled øt abdrt tht tunrEl.

The t¡rnncllhg tæhnlquôs dÐs€n *lll d€llvú the projeds åhe¡d of thê Gov*nmfit3 otlglnll rdrldulè, rnd w¡th 163lmpat¡ ôn tråfilc, thê communlty and th6 oovifonmgrt. Éxt€n3ive tunrrll¡ne by ¡oôdho¡dcr rDd fBM reduce3 tfteåñoünt of cqt ðnd €ôyêr erfâcê $rorts úndcrtôktn þy thâ proract.

mlt ¡ h-?¡nV nolr. 'om

tunr|c¡llng?Tltnnelllno ,rdvM6s wlll at tlrnas, urrd¡f-Þ¡rtlcul¿r @ndítioß. gdr€rãtè sqllr rcoã.l€rttcd nolgc, Rcgenüâtrd mlsooorrs ìthìo vlùôdon film ùnß.llnt r.tNnf.û trtvds ûrough th€ g.o{¡ñd, lrrto ¡h. four¡doUon ot the buidln¡ ândvlbrdog th. not surfac6. cr€¡t¡nC ð üJdl6o mlf¿,

TtE tårget goal fór reggÉrâtqt not¡a duflno t¡rnncll¡ng lr ¡r5 d6dbel3. *hldr l¡ riñlbt to tho rolse geæratcd trom ôqdet dncc.

> l'|o.t lnforrntlon abgrt tunrìollíng end rvlì¡t to cxpêat

Ul¡ll I Ld rnt vlD?rum lro.n tunnclÍlri narf nr,t àol¡üa?Vlbrruons a.s comûorì¡y o¡püiaôcad durln0 aonfructlo,ì. Hoürevar the lrvel3 vlry rccôrdlrTg to tñâ d€ptfi oftunnclllng ànd thc auígundlng rnylrcmnt, Ar r ôt¡4d¡d rneæüre, thê project wlll contlnuc to conduct çondl¡loñsunæys whcre æquirgd, on dlrccdy afrectrd prgÞst¡e8 âlông tña Þrorcct ållgnment.

Wlll rcbr rnd v¡tr¡tlôñ ùa aíonltoüri?Eìû€nslve nolse ånd vlbrrüon modrlllng hâ! bs€n conducted along ths tunnôl dþnmotrt to pËdlct lltrly nolsc ôrìdvib.tüon ampåd¡. Durl¡g tunnell¡ng, nolsG and vlbrôtlon monlto.lñg wllt bo undstâ¡€n to 6nÊur€ Ílo¡s€ and vlbrâtlools ln llnr wlth ùrtldprted lsrel¡.

ThÉs rÉ¡¡ts wn bê puþllshed etch morìtì on tfiê lñlrofinana aactþr gt t}l¡¡ æÞdlô

Wh.t ñlfpcr¡to rpo¡llft r.xovrqor?As mud¡ exøvötad mât3dål ¡Ê por¡aua wül bc rc-urcd ¡s bðck0ll ln ttE constructlon of lht o.t ûrú cûrrôr tunnclg,rtt¡lntn9 w'llt and other erú wórtÊ 6tri¡chJrc6 for Älrpo.t Ur¡. Spoll thtt ls not æ-rrcod will b! tñn6Þ0rtâd vl¡h¿ul¡gÊ t l¡ck o? a conyry*rysùÊm to daCgnrtëd nll dt6 oñ6t Soutfi-Eâst Qus¡nsland, nfilch hile bé€n lderürledfor ß¡h¡rc æmm.rt¡ât dôvolopmeft.

Wh.n wlll rpo{ lrtlclil og.;atdtn â(cord¡ñcâ vr¡th tñe Ståto Cov?Ìnmcnt.s spoll mrnrgffiGnt ând trôn9ort qdltloE, truka w¡ll opúet€ 24 hot¡r3plr dry, slr dâYs par $cck Þotrâ 6.30trî íood¿rts ând 6.30pm Setuñtðys.

Rqldarìr¡ $ll bà àdvlÊed prlor ¡o the commsrcement of 24 hour spoll hôul6g! op6luons.SDod htulàgc truc¡¡ wílurê thc mqrt dlrçct rout! to artlrlrl mrd3 frorr¡ cÍh onsruadon Cte whkh wlll lnvolrr€ tlrc usâ ot tome loctl r!¡ds,

SÞoal hrullqê Fück! wlll br cløù ldørlrì¡blr *lth ûe Alrpo¡t t¡nk p'orect ts æsls¡ tìc projÉ{t wtth thc mrilgünsntof Euúr.

Alr qull¡ty

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FAQs Page 4 of4

wi.rc wlll tho vðrtllrtloÕ outLtr &r $. tunalr ba localal?TtËc !ß tàr!Á wlìtllðúoñ ståt on oúdets (ì,€O's) locatcd åcrcor thG prþro€t rl,gmcnt:

lorm Hllb - the verìUlâtlon stôtlon E b.bw lror¡nd neÇr filrlrn Pôr¡, ¡lþrlng lb7 9tüvbfon of å lórìdbddgE lndrnhaarêd p¡dc¡ûrlãì corñcdvtÍ.

Xaatron - tiÊ v€Ftdrtbn llrtlon 13 !þovc grilrid âtrd toc¿tod b€hlnd 1ìê Emergency 9ervkæ 6mdGl

¡oomùul - thc rrêtrtllôtloÍ r¡åtlon b ödow ! mud, allorrlno I'or provfCon of e oew pâthwðy ãd parkland corìrto(Îlonlor tñê sonmunlw, Thc vôndlrtlon óualât rlll leaùÞ subdwd nþht llghtlng, ånd 16 pclt¡oncr, wlth the ¡llm ¡ldtlælrr0 rer¡denE ln a rrây úrôt r€ducGt $ldowln¡ durlng tlre dry.

Hor l. alr qÐtltt nanlgo¡l rlurhg oonatrudot?At¡ qutltty wÍ¡ b3 monftorcd con6t¡ruv dudno constnrtbn r¡tlr result! puulshrd ñôñthly on th€ EnvûEflmsnt pageot ttts Heü6itc,

MhlgâUon môthodr ¡uch æ thg lollowlog ôm udert¡kåñ åt ¡ll rlts¡ durlîO coDltntctbn to Êdoe dust lmplct! on tñGsurouîdlao Gommunl¡y:

¡ sprrtlng ænstrudloñ ct€s rñd llultgê rtutrs wftù Écycted wâærr Swrcplrrg ncrrby ltttcl9 udng ! rtGat swGoPor

r tlhæl Ìræh drnrs rnd rumur grfd¡ pdor to sltiñg ritô lor haúlâgo trudr3 or gcncrâl conslruct¡on trlffkr Covcrlng ottrijck loadt. Spo0 lhad8 tor þrdlngtunloldino cxaavaterl materl¡ls

Prcrcct ds3lgn

Crn t¡r col¡rn¡n'W hru. ! .ry h tll. lhtt aldSn ot th. F.or.cttThlca3 Joñn Holhod ls contrtctad to ónstruct the pfûrec| ås per the exlstlog rh¡lgn lnd prorcct saope p¡ovidôd bytña Sùtte Goìramment Âjry varlåt¡ons t t tàô exbt¡ng deCAn or proroct scope rdll be dêtemln?d ÞY tho Slate lncoñ3ultauon vrllrr dþ relgrrônt trrnsÞort .ulhorlty.

privâcy Follcy Dir(hlGr SltaNp togin (, Copyrlgh¡ æ09 by 8'lsco'1r..úoñt

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Dear Si¡E

ItlRvAG AlltfÏAt mY LTD (Asl.RrrsfEE FOR THE CAilt'ro]t H¡t¡ pROpERty TRUSI] t-EAtBE10 RfYERgrrY HOTORYIIAY PTY lJtfflD (ADtlt{FiTRAToRS ÂppoilrEDNREcEmÊ8 ÂNDI|ANAOERS AFFOFTTEDI â81{ S lto ttõ t04 (THE..COitpAily"}PARI FTRST FIOO& î0 CTORPORATI DRTVB CAt{ilON HttLREClSilÊRED tE¡l3E 7l¡31 tt8t (THE ..tEAltEr')

On I &8Ft 2or0Wætpao-lgn€ Mmgemert Urüted rdlred and Mkvac Ca@l Pty Umlt€d (t-.rror)uua¡ appolntcd lhe buCee of the C¡mon Hll Prop€rty Tru¡t and, oonrequenüy, became ürc lco¡orundotthð |ffi.llvc nolÐ to thc eppdntnqrt rf:

1. an adrdnlrtraÚ; and' 2. lccelrrer! and mànÐe¡s! .

!o tltc Cilnpany (tiþ "Dúultr'), tha oærndnao of wtrldr are both ln¡olvancy ãlgnts undcr üp Leaas€nd, coæogrplrlly, cvcnbof dst*ilfrrho rumoæ. of dauso 1õ.1 of üs L¡eÊ€,

ln aæoildano wllh Oauæ lõ,2, thc Læ¡or frcrcby gÞcs you ni¡tloo to rsneúy tho Olaultr srd. forttrepurEne cf claEs 15.2 of the lseee, the Læa srideru trâl 14 dry¡ l¡ à rueon¡ùþ tlm¡ to åmøithe Ddaulls.

Ttre Le¡¡or f€sotYec * ot ttrtghb ln rulaüon to lhe l-ea¡e.

Yor¡¡clnc€rúyf[rnc C¡tlrl Ply Urnlt d

AndrcwBuücDlrcctor'

ratüêLlnlréaulf 06e€oaût

Ittt¡C tlñûLHlidâür?0qoe lárlt.o

^tsL¿sElÕ u¡sr$lcÊnlltvotlielfrvr troeervÌu¡lAftgt 00ó?€o 6a!¡

l¡heæt Ptra3t Po[Ctl l¡ oíoúf rr¡dl¡ or coñt¡t ¡rprtvûßt Olttac on t oO ¿ 9O¡O 0OOO

I,f eeeAo'sonv

læve]48, MLCOentre19 Manin Plac6Sydney ÌlSVtl 20(ÐGPCI Box6161Sydno!,ilSÚv20olr'.Þ6t 281163(X)0t: +6t 2ß1163111çrww.lrl¡lr;¡llvi:ir¡rV.r:, n tr

Rof : RCMOBLICH: ND:TÍI,

14 March 2011

Andrew ButþrMlrvaoCapihlPty LtdLevel 26, 60 Margarct StneetSYDNEY NSW2OOO

Dear Sir,

RVERC|TY ilOTORWAY PTY LTr' (ADHINI8TRATORS APPOINTED) IRECEIVERS Al{DäANAGERS APPOlilrEDlACN 116 006 3ft4r"fHEco¡lPANr)

PART FIRST FLOOR,19 CORPORATE DR]VE, CANNON H[.LREGTSTERED LEASE 712s18781 erHE LE SE"'

We refer to our appolnüment as Adminlstrators of the abovenamed company on 25 February 2011and to your ooneõpondence dated 7 March 2011, a copyof whloh ig enclosed.

We arc not in a posltlon to remody the .events of default on the Leage ae requeeted ln your.conespondence.

Furtñer, purauånt to sscüon 440C of the Corporations Ad ('the Ac't'), whlþ lhe company ls underAdministration, üre Leesor of property that is occupled by he Company may not take posseaslon ofthe property or otherwiçe eôôk lo r€covår lt, without the Admlnistratofe tìrllüen oons'ent or leave of theCourl

Should you have any querles, please æntsct Joanna Wong of hle oflTce on (02) 8116 3000.

Yours faithfttlly,

@¿-OPGhdrtophør C ll¡ll, Stephen J Parbery & l$lchael OwenJoint and SEveral AdmlnlsbatorsRlverCity Motonray PtY Ltd

Encl.

Mr Marün MaddenKordaMentha Pty LtdLevel 5, ChlfleyTower,2 Ghlfley SquareSydney NSW2000

PPBPryLldtfdlnS$ PPEAdy¡¡sy ABfl 07S¡2 164718l-l¡b{lty UBtttod b'}rã .chqnr tpprovrd ünd!r proreu¡mrl Strndrrdg LagblâtionPPg Pty Ltd hü uaóc¡rtcd bül lnl.ptrþna mtill0ô 6fìd pârtûoßl{po

TAB 3

vyòs 40116908q¡Ov1 12013822S 17.3.2011 Paga 1

n

ItItI

+i

t

IÍII

lÊvEL 20 '

E' MABEARÊT ST ,.

ÊYDNEY NOtrY ' '

' phqælrto¡ 0¿r080ffi'Farilo; æm808t8t

TAX INVOICE / STATEI¡IENT

Proporryi 19 OOBPOß^rE OF, CAlìlON HtU

DAlË; ttu2nott

ACCOUNTMJMBERT HOltsezPHOPÉRfiID: OT4&¿SUITE l0: 0tæ

Ânoünl

tfÛÍaoflr/ulæiltðtr?orrl'oueolt

rlæt û1r

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CarFùk Rsr*Rat{r Charigþ: 2,t83.00 lo 2,16¡1.00GgT cÊ7 forCARollbe Floor RertBals Change: 31 $72.50 to 31,67t 50G6T OST lôrofFOü0dngs - Gonorel Expanses

Êlectldty Cùargse

osfâfirbuhnoo LoW Reoovqry

G8r

GsÍNamlrÐ Slghþ Roíral8âlr Chângê;450.ö7 to 450,67a9TËleûtrlclly CàargosGgTÁrnhnanoolwy ÂecoayGSrii¡¡ Park Êerlosrolllco Floor RÊnt

GSTOr¡tooùro€ - Goñofal E Ðon€08

' 3,858.07

s86.tf0,0s0,9t

gt6s.00

21t 30

3r,872 50

9r07.¿õ

.4270,474a7,(F190,s7

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3,ôar.s73dL¡t{

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3,4243?

s&,u0,æ0.01

¿'t8s.002tc.30

3t.tte509,197.25

1,t¡0,47

t 90 t200.@ 0.00 0.00

REMITTAI{CE ADVICEPloû6 rnd(c Choques Peyable lo;CANi.ION HILI OFFICE TRUSTFor EFf pày¡rnnt Êüd noüflcarlon to;et-advkr(Þtnþac.com. auPþese lnclúdo Accl. No llol1522 on your EFT norification.8¡úrAilZ. MIBVA 888:012{þ3 AlQl ßt87tt4Û

FORÁI¡IOUNTSDUE: 1tV?12011AC@lñ¡lNUMBEÊ: t.lotl0æPFOPEFTYIO: OT4002SulïE lD: 0f0û

cdi¡fröfffi ¡'flL1rlHägi'åi:åiABN 3790045{00E

Rlvôr0ily Motor¡taytocked 8ag 2035

BFISEANE OLD 4OOI

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TOTALAMOUNTDUE: 1çl,8tt3t

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pr4yô[g ¡qcclû ta yovr rcl:êr Lo bc rcôd. thi! Tll¡ prê9cn! caÈl¡a!êd nFLcr r'!!d¡a¡go tor your shop or Èon¡ncy,

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TARIFF DErÆLS (excluding GST)

20 Charge rate Per KWH : 21.75c

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ABN 579æ49t00r

FlvÉroltyMolor¡{¡yl¡d(od 869 zs:F

BRISBANE OLO TOOI

Pleooe m*c Ohoqucr F¡yaue Þ:c ¡.riþn¡ HLl. oFF¡CETRUSIFor Etr prymnlssnd noünoaüm lorel¡advlo@mlruac.oon.auBeaso hduds âoat. No tlol 15æ m you €FT ndlllcabn '

B¡nk:ANZ- MIRVA B8B:0l20qt ÁiC: 897Ð71748

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Ptoml{o¡ 0¿gm8e7ÐF¡r3{o: 0Zfi00el6t

TÆ( INìTOICE / STATEMENT

ftopert : tg@RPoR TE 0Â,CAùþN l{[f

OATE: l,OS/eUl

^CCOIJNTNUi€ER: HOttõãl

PÞPERTYID: OT¡{NASUIIE lD: 0100

tto.

Fale Olrange sl,Gr¿bo to 32,0å.68ll0z¡æf l -2tltzf201 t : 950. I 6 I I monlh . 950.10l/00r1¡0f t -gl/0t¿01 I : 02,@2,08

ilosÊ¡ôil cST GlSr lorofF 5.3/',7.æ oO0 8057,28t/olutof I oulgolngo. G¡¡*nl E¡prnmr 4glg47 0.o 4,2m,$l/û¡Êm[f Ogf Ggf bOGe .lãt(E 0.00 197.05

tfû3ã01t Î,t¡mlng Rlgàt¡Ronttl 1n,n 0.ü a77.71

nio CtrangÞ: r¡0.67 to 4tt, I I1 Azaol l-æ10?¡ãJ1 1 ; to.Sí!' I monh q 13.5?I ¡ûgr2ll I l-3 1 /03/i101 I : 4û4.19

tü¡ptr OBT QET bSGN 47.n 0.OO' 1î.f,

Áccount Name: Rlverqï irolonflsy

CATION HILL OFFICE THUSTAuenüen: Ácoorrtts FædtteþþLË\'EIæ60IJ|ARGARETSTSYONEY.NgIY2OOO

oor^*iJ$ti€Yo¡rsY ¡{8w. 20qt

' Fho¡e No: 0lF0ú0078. F¡rNo: üHFlltllt

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RltærChy l¡bfftraytoclr€d Bag 2$35

Eß¡SBANE OLD ,MOl

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dgr,¡ c'qxr{610ûo

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nôVícË'Plsaso malo Clrqu€s P!yr!þ to:C ¡¡NOlìt !üLL OFFICE TRUSTFor EFT pyrcnltorìd not¡flcNüon b:€al-{dvloeomlffæ.oonråuFlease hdurþ Âccù l',lo HOI t ãê2 on y¡Ur EFT noülbslton.8a¡lçANZ.MRVA B$B:012000 l¿ç?, ggTgtlZ4$

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l/0t/ll.3l/llrl Ecntrllrnfe¡ 860,18 0t0 9!t0.1€

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--ïO.TAt-AlfittJlTD-i,ç: .ggr/Jt¡?- - j

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F r. û?42ül0t35Enili l0rì,lg(BporY¡ßcomn.c0.Il'¡uUlúfVtâ wrly¡ou¡ulerüil|lt,oom'.1¡

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¿7 Crû¡bY Ro.ltAtlonQt'O'10t0

t0õ348PhoncFrr$rlrPrnonorrJoùNoO¡{cl}lo.Loo¡tþn

tå.*fttr,,- SmartElgctrlclans

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3839 26ô3

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15-12-201023049

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rtvlrr.PÛWar'ctlllll. COm' aU

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DËfAILS

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OATE: lrÐl¡20lr

AQCOUNTNUMBER: HOrtSæPROP€ñTYID: CtllÚlû¡2SUÍTE lD: 01G9

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9,1612542m.l7

4¿7,6150.6?

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BEÍÛFTANCE ADVICEPlea¡s rnako Cñeqtra Pryeble b:Câl,lt\þN llllt OFFICE IFUSTFor EFf pryment send müflcathn þ:of,LadvbotDÍlrvac.cûm.aLtPtoa¡s Inêl¡de åocû. ¡ìlo l.lol t5æon tû¡r EFT noûffcdon.BanlcAt{Z"MRVA BSB;ot2tl(þ AÆ: ûy8tt7l8 '

ÐñÆTOUNISDUE: tãnnD1,fA@OI,NTNI,MBES: HO1t522PROPEfiWID:. OTrÆ0zSUIIE lD: 0Í0tl

Accounl Name: R¡'r?r0¡ty lftlørfay

CAN¡O¡¡ HILL OFFICE TRUSTAlonllon¡ Aæo{¡nB RoætvabþLEVËL 2O

60 MARGARETSTSYoNEY NS\¡v 2000

TOTALA!4OUI¡ITDUË: $õr¡110.19

TAB 4

' Urüs40110008Ë{,0v112O13æ2s 17.9.2011 Page I

-RIVERCITY-.'MOTORWAY memoTO: Matherrvs, David

HayuardFBOil¡GG¡DATI: 14 March 2O11

tuEJEcT¡ Estimated Relocatlon Gosb

Dear Cassandra

Further to our discussion earller today the followlng provides a summary of oosts to be lncuned by thebusiness should lt be necessary to relocate the cunent operatlons from 19 Corporate Drive Cannon.HlllQLD 4170 to another location in the Cannon Hill area. ....i

As mentioned there will be signiflcant cost to the business if lt is necessary to relocate to an area ¡n.',

Brisbane that ls not within the Cannon Hill postcode as lt is expected that the maioñty of existing stàfi wiltnot relocate to another Brlsbane area. The replaoement and training costfor new staff has not beenfactored lnto the follonring estlmate of relocation costs. Each new emptoyee requires a mlnlmum of onewsek's tralnirq and it then takes at least three months to become profioient. Some speclallst areaswor¡ld requlre a longer trainlng period.

ln searchlng for a new prop€rty to lease lt would be necessary to look for an area that is predominätely

open plan with no more than three offices and three meeting rooms. ln the cass where a potentlal

location is identified that does not contain sufficient open plan area lt will be neceooary to removeexisting fitout. This cost has not bqgn included in the estimates below.

The basle of preparation for the costs set out in thle memo ls byway of reference to the 19 CorporateDrive Cannon Hill origlnal fitout costs as at Aprll 2009 with some small adiustment to cunent amounts.These are estimates only.

$250,000 to $300,000

ooao

Kltchen3 x ofüces3 x meetlng rooms

to relooate exlstlng numbers and cancel $ 5,0ü) to $ 7,500

- 5 x help desk support x 4 to relocate and repatch lT

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The expected tlme to relocate is set out below:

memoRelocation costs for all other office equipment S 10.000 to $ 15.000

TOTAL 3687.000 to S794000

Labour to remove allfurniture and equlpment and relocated $ 60,000 to $ 75,000

Total adiusted if not neur furniture replacement t597.000 to $6e9.000

Task TiminaAooointment of Real Estate Aqent 2 weeksSearch for sultable property 8 -12 weeksNeqotiation of þase 4 we€ksExit of cr¡nent tenants O - 12 weaksAoororrels and llcences for removal of existins Jayout 0 -4'weeksâßmvñsd''#ffiixtrr# f,hr$.

f,u¡¡hl connectivitv4 - I weeks- 12 ureeks

I 26- il weekc