Kinloch Funds Management appoints property dr

KINLOCH FUNDS MANAGEMENT

MEDIA RELEASE

May 30, 2007

Kinloch Funds Management appoints property director

Kinloch Funds Management announced today that Mark Petersen will join the firm as a Director and will be responsible for Property Investment.

Mr Petersen has over 30 years experience in real estate investment, development, valuation and advisory services in New Zealand and Australia.

In making the announcement Kinloch managing director Neville Todd said, “I am very pleased to have attracted someone with Mark’s qualifications and experience to head up the property investment division at Kinloch.

“Mark’s management and governance experience of significant property portfolios both in New Zealand and Australia will be invaluable as Kinloch develops its own property funds.”

Mark Petersen is a director of CentrePort Limited and Wellington Waterfront Limited. He was most recently Director of Grant Samuel Property Services in New Zealand and prior to that Managing Director of Shortland Properties Limited, a listed property investment company on the New Zealand Stock Exchange.

He is a former director of the manager of ASX listed Property Trust of Australasia and has also been a director of a number of privately held property development companies in Australia representing New Zealand investors.

Kinloch Funds Management is a newly formed boutique multi asset class funds management firm based in Wellington.

ENDS

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