| 01 December 2005 |
Offer opens |
| 16 December 2005 |
Public Offer Closing Date |
| 21 December 2005 |
Broker Firm Closing Date |
| 23 December 2005 |
Allotment Date |
| 28 December 2005 |
Commencement of trading of Austcorp TOWERS on ASX |
| 31 March 2006 |
First Distribution Payment Date |