Lla Equity Limited

This licence authorises the licensee to carry on a financial services business to:

provide general financial product advice only, for the following classes of financial products:

interests in managed investment schemes limited to:

own managed investment scheme only;

deal in a financial product by:

issuing, applying for, acquiring, varying or disposing of a financial product in respect of the following classes of financial products:

deposit and payment products limited to:

basic deposit products;

interests in managed investment schemes limited to:

own managed investment scheme only; and

securities; and

applying for, acquiring, varying or disposing of a financial product on behalf of another person in respect of the following classes of products:

deposit and payment products limited to:

basic deposit products;

general insurance products;

interests in managed investment schemes excluding investor directed portfolio services; and

securities;

operate the following kinds of registered managed investment schemes (including the holding of any incidental property) in its capacity as responsible entity:

"Ntt Mahogany Project" scheme (ARSN: 103 557 517),

a scheme that is promoted to raise funds solely to finance primary production ventures as an active commercial enterprise limited to:

forestry;

"Ntt Mahogany Project 2006-2008" scheme (ARSN: 118 011 457),

a scheme that is promoted to raise funds solely to finance primary production ventures as an active commercial enterprise limited to:

forestry;

"Ntt Land Trust" scheme (ARSN: 602 458 720),

a scheme which only holds the following types of property:

direct real property;

"Prequin Securities Monthly Income Fund" scheme (ARSN: 608 870 524),

a scheme which only holds the following types of property:

mortgages;

"Prequin Securities Select Mortgage Fund" scheme (ARSN: 608 870 748),

a scheme which only holds the following types of property:

mortgages;

"High Yield Property Finance Trust No.1" scheme (ARSN: 608 870 686),

a scheme which only holds the following types of property:

mortgages;

"The Einstein Buypower Residential Investment Trust" scheme (ARSN: 621 450 397),

a scheme which only holds the following types of property:

direct real property;

"Tfs Sandalwood Project 2002" scheme (ARSN: 099 022 170),

a scheme that is promoted to raise funds solely to finance primary production ventures as an active commercial enterprise limited to:

forestry;

"Rny Property Trust" scheme (ARSN: 115 585 709),

a scheme which only holds the following types of property:

financial assets;

"Solar Cloud Scheme" scheme (ARSN: 612 098 110),

a scheme that is promoted to raise funds solely to finance primary production ventures as an active commercial enterprise limited to:

Primary Production - other Specialised Scheme;

"Ramada Batemans Bay Resort Apartments Scheme" scheme (ARSN: 612 975 783),

a scheme which only holds the following types of property:

direct real property limited to:

serviced strata schemes;

"Tfs Sandalwood Project 2004" scheme (ARSN: 108 261 856),

a scheme that is promoted to raise funds solely to finance primary production ventures as an active commercial enterprise limited to:

forestry;

"Tfs Sandalwood Project 2005" scheme (ARSN: 113 492 890),

a scheme that is promoted to raise funds solely to finance primary production ventures as an active commercial enterprise limited to:

forestry;

"Tfs Sandalwood Project 2003" scheme (ARSN: 104 124 414),

a scheme that is promoted to raise funds solely to finance primary production ventures as an active commercial enterprise limited to:

forestry;

"Tfs Premium Sandalwood Project 2004" scheme (ARSN: 108 714 736),

a scheme that is promoted to raise funds solely to finance primary production ventures as an active commercial enterprise limited to:

forestry;

"Premium Real Estate Investment Platform" scheme (ARSN: 644 599 039),

a scheme which only holds the following types of property:

direct real property; and

mortgages; and

"Link Mortgage Fund" scheme (ARSN: 608 870 462),

a scheme which only holds the following types of property:

mortgages; and

provide the following custodial or depository services:

operate custodial or depository services other than investor directed portfolio services;

to retail and wholesale clients.