LISTED FUNDS

Kermadec Property Fund (KPF.NZ) was listed on the New Zealand Stock Exchange (NZSX) on 11 December 2006, after a successful initial public offering that raised $61,250,000.

Kermadec now has a diversified portfolio of commercial and industrial properties throughout New Zealand, with a combined value of $120m. Over time, it is the intention of Augusta to grow the portfolio of properties and develop a more balanced and diversified, non-residential portfolio of New Zealand properties.