INVESTORS

In June 2007 the firm completed a capital restructure by combining the businesses, licence arrangements, capital and affairs previously held by both the RCP Group and WDScott Asia Pty Ltd. All the assets of the Company are now owned exclusively by WDScott Ltd and all the value is held in this entity for the benefit of the Shareholders.

In August 2007 the WDScott Board offered staff and advisors to the new company an Information Memorandum to raise equity capital to support the growth of the business. The offering was fully subscribed. At the same time, a UK-based institutional investment fund was also invited to invest, on similar terms.

Complementing the equity raised by the Board, the firm has also negotiated lines of credit and working capital debt funds from HBOS BankWest to assist with acquisitions and day-to-day working capital as required.

WDScott is now in a strong position to make strategic acquisitions and build the international business against its clearly articulated vision and business plan.