The communications policy is designed to promote effective communication with shareholders. The Board encourages full participation of shareholders at the Annual General Meeting to ensure a high level of accountability and identification with the company's strategy and goals.

The objective is to provide shareholders and potential investors with information that will assist them to assess Whitefields's performance. All announcements to the ASX will be available through their website. These include:

• Monthly net asset backing per share
• Quarterly report
• Half yearly report
• Annual Report
• Notice of Annual General Meeting and Explanatory Memorandum
• Notice of Extraordinary General Meeting
• The Chairman's Address to the Annual General Meeting

The default option for receiving annual reports is via the company website. Shareholders also have the option of receiving a printed version of the annual report or alternatively receiving all communications via email.

Shareholders are able to make their communication preference by contacting:

Computershare Investor Services Pty Limited
Level 4, 60 Carrington Street
Sydney NSW 2000
Australia

Enquiries (within Australia) 1300 850 505
(outside Australia) +61 3 9415 4000
Facsimile +61 3 9473 2500

web.enquiries@computershare.com.au
www.computershare.com

To assist with enquiries please quote your current address and Security Reference Number (SRN) or Holder Identification Number (HIN)