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Business Address: Suite 2

85 Bourke Road

Alexandria NSW 2015

Postal Address: PO Box 7388

Alexandria NSW 2015

Contact Numbers: P: (02) 9317 4833

F: (02) 9317 4733

Email: arthur@artro.com.au

roy@artro.com.au

Website: www.artro.com.au

Directors: Arthur Zouglis

Roy Vigdor

ACN: 118 270 214

ABN: 84 118 270 214

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1. ARTRO Management The Directors of Artro Management have over 31 years of combined experience within the development and construction industry and specialise in project and development management from site selection and acquisition, site feasibilities, concept design and masterplanning, through to detailed design management and value engineering and management of construction phases. Artro Management is based in Alexandria and is headed by Arthur Zouglis and Roy Vigdor as Directors, who have been involved in major landmark projects within the building and property industry including the commercial, retail, industrial, hospitality, civil landscape / streetscape, residential and hotel markets. The senior management team has a proven track record within the property and development industry for delivering high value projects in areas extended but not limited to the following:

• Project Management

• Value Added Management

• Condition Assessments

• Feasibilities Studies

• Property Advisory Services

• Property Development Management

• Contractual Management

• Construction Management Our aim and objective is to attain the Highest and Best Use for our clients, having taken into account all Design, Financial and Construction viability of the project.

Artro Management adopts a “finish

focus” culture, which ensures that the delivery of all projects is achieved at the approved budget costs, time and Quality parameters which maximizes our Clients’ long-term financial position and minimizes risk along the way.

2. Service to Clients Artro Management is a unique business, which has managed to streamline its overheads without affecting the overall quality of service delivered to its clients. This leads to our ability to deliver a better and higher quality project to our clients without the added costs associated with our competitors.

We offer an innovative and complete development, project and construction management solution, which guarantees a high quality service, always delivered within our clients’ cost, quality and time constraints.

Our client’s benefit from “A total business solution” extended from site selection and acquisition and design concept feasibilities, through to detailed design management phase and right through to construction, refurbishment and/or fit out and final handover and certification. Our Directors have extensive experience in all aspects of value added project management within several sectors of the building and property industry, such as:

TNT Tower 2, Sydney – Office Refurbishment and Fitout

Artro Management emphasis is about organising the successful delivery of a project having taken into account all of the project’s parameters.

• Government

• Civil Works Projects

• Education

• Commercial

• Industrial

• Retail

• Hospitality

• Health

• Residential

• Heritage

• Hotels

• Urban Re-Design

2 (a) Benefits Gained The major benefits Artro Management offer includes:

• project and land feasibilities

• highest and best use studies for your land

• high value added design and engineering for the project

• selection, management and coordination of a professional design team

• high-end and value added project management resulting in overall cost savings and added end value for the development

• total management of design and construction phases

• efficient and timely delivery of the project on completion

• quality management for each project.

2 ( b) Benefits and Value Engineering The process of Value engineering is extended to the following broad areas, but not limited to:

• Determine highest and best use of a land, thus maximising the end benefit and adding significant value to the project prior to commencement

• Establish and manage a professional and highly experienced design team to value engineer the design process, hence saving significant costs at “the drawing board”;

Martin Place, Sydney - Upgrade

With each project comprising of predetermined objectives of time, cost and quality and while maintaining client’s benefits gained in the above two key areas, the construction phase of the project is controlled and maintained by Artro Management through a project management process to sustain client’s objectives and significantly reduce client’s financial risks.

3. People Our Project Management style and overall notion to successfully achieve our client’s goals, is supported by the highly talented, experienced, qualified and skilled professionals which forms an integral part of Artro Management. Contrary to popular belief, the success or failure of development projects are determined at the design stage and not during construction. Project objectives, financial feasibility, budgets and development programs need to be considered at the early stages of the design in areas such as:

• Client’s brief, objectives and overall financial viability of the project

• Architectural layouts and consideration

• Structural systems

• Services engineering

• Stormwater detention and design

• Environmental impact

• Occupational health and safety

Hyde Park Plaza, Sydney– Hotel Refurbishment

Artro Management prides itself on providing a unique management approach to its Clients and offers a significant competitive advantage over its competitors. The ability and proven track record of the senior management team in value engineering projects during the design phase and sound background in Business Management are some of the essential components which differentiate us from other companies.

Our Project and Construction Management style is based on understanding client’s objectives and their fundamental values. Once established and agreed, our innovative techniques will ensure a complete delivery of every identifiable aspect of each project.

4. Projects Artro Management and its Directors have established successful business partnerships with several major clients throughout unique management style. Some examples of our current and/or previous projects and construction management projects are as follows:

� 201 Elizabeth St , Sydney – Floor Refurbishment Levels 12 & 16 – Dexus � 2,000m2 floor plates Make good and refurbishment / upgrade works to Levels 12 and 16. Inclusive of lift lobbies / common areas / amenities and building services - $1,700,000

� 201 Elizabeth St , Sydney – Childcare Centre - Dexus � Base building conversion of retail tenancies to 800sqm Childcare Centre - $300,000

� Gateway Building, Circular Quay – Commercial Lobby Upgrade - Dexus � Commercial Lobby upgrade and new Retail Area - $7,700,000

� Gateway Building, Circular Quay – Multi Tenanted Lobby Upgrade - Dexus � Refurbishment and upgrade of lobby areas on 6 off levels within Tower - $700,000

� Retail Supermarket, 21-23 Erskineville Rd, Newtown - Haben Developments � Demolition of Existing Building, Retention of existing Façade and construction of two levels for Retail use

with 1 level of basement carpark and a specialty shop on Ground Floor - $6,000,000.00

� Wattle Grove Shopping Village, Wattle Grove – AMP Capital Investors � 5,000sqm shopping centre including 3,000sqm supermarket, 18 specialty shops & 186 space carpark -

$8,000,000

� Retail / Residential – 1084 - 1088 Botany Rd and 6 Bay St Botany - Haben Developments � Decontamination of an old service station, and construction of 2000m2 of retail supermarket, two upper

levels carpark and 30 residential units “live / work” scheme. $12,000,000.00

� Woolworths Supermarkets - Woolworths Limited : � Project Management of Refurbishment of existing and new built stores.

� Glenmore Park � Kings Langley � Bondi Junction � Auburn � Dubbo Orana Mall � EastGardens � Granville

4. Projects (Continue) � BWS Stores - Woolworths Limited :

� Project Management of Refurbishment of existing and new built stores.

� Drummoyne � Crows Nest � Edgecliff � Earlwood � Banora Point � Botany � Berowra � Riverstone � Rutherford � Newtown

� Dan Murphy Stores – Woolworths Limited � Project Management and coordination of Fitout phase.

� Casula � Mona Vale � Mittagong � Alexandria � Blacktown � Manly Vale � Swansea � Dubbo

� West Ryde Precinct Project – City of Ryde Council � Mixed use development – 12,500sqm Retail including supermarket and specialty shops, 4,000sqm

Commercial and 120 Residential apartments including 1,700sqm Village Square and 622 space carpark - $60,000,000

� West Ryde Precinct Project – City of Ryde Council � Community Facilities Building – 4 level 3,500sqm commercial building, 220sqm Retail, Community Hall,

Council fitout and infrastructure and 70 space carpark - $15,000,000

� Top Ryde Shopping Centre Project – City of Ryde Council � Civil Works / Infrastructure – Major sewer and Telstra cabling re-diversion including services modifications

to existing commercial building - $1,000,000

� 140 Cleveland Street, Chippendale – Carewash Cafe � Hospitality / Commercial – 3,000sqm warehouse conversion to 324 bed budget accommodation and

commercial / retail space - $8,000,000

4. Projects (Continue)

� Addington House, Ryde – City of Ryde Council � Heritage – Condition Auditing and reporting of heritage buildings - $10,000

� Hyde Park Plaza – Mirvac Hotels � Refurbishment to reception area and lift lobby, pool and spa areas, including construction of new 40m

structural steel awning and architectural signage - $550,000

� TNT Towers, Redfern – Kimberley Securities � Refurbishment to 13 level base building including services upgrade (lifts, mechanical, hydraulic, fire,

electrical), new ceilings and flooring, demolition and extension of lift into basement and refurbishment to 200 space carpark- $3,300,000

� TNT Towers, Redfern – South Sydney Council � 13 level fit out for South Sydney Council tenancy including construction of basement public meeting areas,

450sqm ground floor One Stop Shop, Council Chamber and 10 level office fit out including workstations and facilities and sophisticated IT / server room - $2,700,000

� Hurstville Super Centre – Kimberley Securities � Refurbishment of 9,000sqm retail centre including asbestos removal, terrazzo refurbishment, new ceilings

and lighting, services upgrade including fire, mechanical and ventilation, electrical and hydraulic, new public toilets, loading dock upgrade, tenancy fit outs, façade repair and membrane repairs to rooftop carpark - $750,000

5. Experience Our Directors have extensive experience in the building industry with project and construction management and involvement in major landmark projects over the years including:

� Governor Phillip Tower, Sydney - 64 level commercial tower � Governor Macquarie Tower, Sydney - 48 level commercial tower � No.1 Martin Place, GPO Building, Sydney - 33 level Hotel / 26 level commercial � Martin Place Precincts 1,2 and 5, Sydney - 15,000sqm civil landscaping project � Australian Tax Office Building, Penrith - 9 level commercial building � Peak Apartments / Market City, Haymarket - 46 level residential tower & 3 level retail

building � Gallery Apartments, Double Bay - 15 luxury penthouse development & 2

Level retail

� Horizons Apartments, Manly - 17 luxury waterfront apartments � Villa Mare Apartments, Manly - 11 luxury waterfront apartments & 2 retail � Genoa Apartments, Bondi Junction - 134 apartments including commercial

and retail

� Forbes Street Square, Darlinghurst - 550sqm civil landscaping project � Roslyn Street Square, Kings Cross - 1,000sqm civil landscaping project � Hendler House, Vaucluse - Major renovation of waterfront luxury

Mansion

� Hyde Park Plaza Hotel, Sydney - Refurb to reception, lift lobby, pool &

spa areas including new 30m structural steel front entry awning

� TNT Towers, Redfern - 6,000sqm building refurbishment

including new building services and 6,000sqm fit out for South Sydney Council incl Council Chambers and One Stop Shop

6. Referees

� Greg Paddison AMP Capital Investors (02) 9257 1931

� Michael Whittaker City of Ryde Council (02) 9952 8050

� Tullio Maglione Dexus Property Group (02) 9017 1320

� James Tonkin Jones Lang LaSalle (02) 9256 6976

Hyde Park Plaza, Sydney– Hotel Refurbishment (Porte-Cochere)

7. Summary

Artro Management is designed to provide a total manageable solution for your project. Our aim is to establish a strong client relationship as a proactive approach to determine and attain the best possible value added Design and workable construction solution for the project. Our objective is to deliver on all the established parameters of a client’s brief and ensuring that this process is undertaken in a timely and professional approach thus reducing any unnecessary involvement by the client and allowing the client to focus on other core business elements during the development cycle.