Update No. 121 – 14/07/13

The benchmark rose by nearly 3% this week, we could not keep pace, for although the majority of our holdings performed well, 2 of our ‘Big 3’ holdings were down on the week – Tony Hansen 12/07/13

EGP Fund No. 1 Pty Ltd. Up by 2.14%, trailing the benchmark by 1.78% since July 1^st. Since inception, EGP Fund No. 1 Pty Ltd is Up by 39.48%, leading the benchmark by 25.64% all-time (April 1^st 2011).

^{*1 after 31May 2013 dividend of 2.333 cents per share plus 1 cent per share Franking Credit}

^{*2 calculated based on dividends reinvested}