Australian Securities and Investments Commission Class Order [Co 91/27] (Cth)

AUSTRALIAN SECURITIES COMMISSION

CORPORATIONS LAW

DECLARATION UNDER SUBSECTION 265A(1)

PURSUANT to subsection 265A(1) of the Corporations Law, the AUSTRALIAN SECURITIES COMMISSION HEREBY DECLARES that the standard time for the purposes of section 265 of the Corporations Law shall be New South Wales standard time determined in accordance with the Standard Time Act 1987 of the State of New South Wales.

Dated 11^th February 1991.

The Common Seal of the Australia     )

Securities Commission was duly )

affixed hereto in accordance with    )

a resolution of the Commission )

dated 24 January 1991 in the         )

presence of the Members:             )

[Original signed by Mr Bill Robinson]

[Original signed by Mr Charles Williams]

91-00522\L-5147GD