FUND PERFORMANCE The table below shows the Distribution* Return for Key Capital's property investment funds. Please note that past performance is not a reliable indicator of future performance. Fund Distribution* Performance 2005 2006 2007 2008 2009 2010 Hydrive Unit Trust 8.50% 8.50% 8.70% 9.00% 1.50% Sold Murray House Property Syndicate n/a 8.50% 9.00% 9.25% Sold Sold Key Capital Property Syndicate No. 2 (Somerton & Moorabbin) n/a 7.50% 7.50% 6.56% Nil Nil Key Capital Property Syndicate No. 3 n/a n/a 8.50% 8.50% 7.13% Nil Key Capital Property Syndicate No. 5 n/a n/a n/a 8.00% 7.25% 5.00% Key Capital Property Syndicate No. 6 n/a n/a n/a 8.00% 7.25% 4.17% * In calculating the Distribution Return, Key Capital has adopted The Investment and Financial Services Association's Standard No. 6 "Product Performance - Calculation of Returns" which defines "Distribution" as "the cash amount (in cents per unit) that is paid to continuing Scheme Holders after the end of a Distribution Period. Note that this should be interpreted to include income, realised capital gain and any return of capital".       Property Syndicate Property Investment