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                                                                                                Other Investments - Te Mahi Pakihi

                                                                                                In addition to our interests in Tukia Group Ltd, the Trust holds the following portfolio of investments in our Westpac Portfolio:
                                                                                                ANZ National Bonds $400,000 @ 7.16% mat 15/06/2011
                                                                                                Auckland City Council Bonds $200,000 @ 6.28% mat 24/03/2015
                                                                                                Contact Energy Ltd Bonds $200,000 @ 8% mat 15/05/2014
                                                                                                Fonterra Co-Op Group Ltd $400,000 @ 6.83% mat 04/03/2016
                                                                                                Goodman+Bonds Senior Sec Bonds $420,000 @ 7.75% mat 19/02/2015
                                                                                                Powerco Guaranteed Bonds $400,000 @ 6.74% mat 28/09/2017
                                                                                                PowerCo Ltd $200,000 @ 6.39% mat 29/03/2013
                                                                                                Transpowers Finance Ltd Notes $200,000 @ 6.59% mat 15/02/2017
                                                                                                Westpac NZ Ltd Notes $450,000 @ 7.045% mat 28/11/2013
                                                                                                $406,094
                                                                                                $203,073
                                                                                                $210,321
                                                                                                $408,407
                                                                                                $429,438
                                                                                                $385,743
                                                                                                $199,203
                                                                                                $204,980
                                                                                                $467,327
                                                                                                Total Westpac Portfolio Investments
                                                                                                $2,914,586
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