INFORMATION MEMORANDUM (North) Clermont 7,126.87 Hectares (17610.49 acres) John Wilkinson 0429 832 797 Tony Hoch 0448 831 553 Jake Passfield 0488 588 044 Office Phone 07 4983 1555

Native Bee AUCTION AUCTION Tuesday 16th May 2017 11am Commercial Hotel, CLERMONT VENDORS VJ. Appleton, WD. Appleton & CA. Atkinson SELLING AGENTS Hoch & Wilkinson Livestock & Property Pty Ltd PHONE: 07 4983 1555 FACSIMILE: 07 4983 1554 John Wilkinson: 0429 832 797 Tony Hoch: 0448 831 553 Jake Passfield: 0488 588 044 EMAIL: john@hochandwilkinson.com tony@hochandwilkinson.com jake@hochandwilkinson.com SOLICITORS C Guilfoyle & Associates Solicitors Carlie Guilfoyle PHONE: 07 4941 5244 FACSIMILE: 07 4941 5744 EMAIL: c.guilfoyle@bigpond.com ADDRESS: ST Francis Drive (PO Box 342) MORANBAH QLD 4744 DISCLAIMER: The vendors and/or their agents & solicitors do not give any warranty as to errors or omissions if any, in these particulars which they believe to be accurate when compiled. Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy.

Information Memorandum CONTENTS LOCATION 2 SERVICES 2 AREA & TENURE 2 LATEST RATES NOTICE 3 ANNUAL LAND RENT 6 COUNTRY 9 VEGETATION MAP 11 WATER 12 RAINFALL 14 STOCKYARDS 15 FENCING 15 STRUCTURAL IMPROVEMENTS 16 REMARKS 17 TITLE MAP 18 PROPERTY MAP 19

2 Native Bee LOCATION Native Bee is situated 16km West of Clermont via the Laglan Road, bitumen to the turnoff approximately 14km. Laglan Road 5C Old School Road Alpha Clermont Road Clermont SERVICES Twice weekly mail service from Clermont goes past Native Bee. Rural power and telephone, mobile phone coverage on the property. School bus currently goes past Native Bee turnoff to Clermont. AREA & TENURE Area: 7,126.87 Hectares (17,610.49 acres) 21 x Freehold Title 3034.57 hectares (7,488.42 acres) Lot2 RP614035 Lot1 CLM31 Lot2 CLM41 Lot295 CLER4016 Lot226 CLER403 Lot259 CLER403 Lot6 CLM49 Lot110 LHDT40101 Lot5 CLM49 Lot279 M1003 Lot111 LHDT40102 Lot35 LHDT4082 Lot131 LHDT40165 Lot258 CLER4036 Lot1 MPH222 Lot112 LHDT40102 Lot14 CLM234 Lot178 LHDT40268 Lot72 LHDT4085 Lot41 LHDT4082 Lot231 LHDT40319 3 x Leasehold Titles (State Forest) 4,092.3 hectares (10,112.07 acres) Lot9 Crown Plan CLM421, Lot12 Crown Plan CLM489, Lot13 Crown Plan CLM151 Local Government: Isaac Regional Council Net Annual Land Rent: $2641.26

3 Information Memorandum LATEST RATES NOTICE Note: Lot 1 MPH170, Lot 1 PER909 are included in this rates notice but are NOT included in the sale.

4 Native Bee LATEST RATES NOTICE

5 Information Memorandum LATEST RATES NOTICE Note: Lot 9 CLM421 is the only title on this rates notice that IS included in the sale.

6 Native Bee ANNUAL LAND RENTAL

7 Information Memorandum ANNUAL LAND RENTAL

8 Native Bee ANNUAL LAND RENTAL

9 Information Memorandum COUNTRY Native Bee comprises a good mix of grazing country ranging from developed Alluvial creek flats and hollows along Sandy and Oaky creeks and their runners to cleared and thinned undulating forest country rising to Ironbark and Rosewood ridges and tops. In addition to native grasses, Buffel grass, Urochloa and Seca Stylo are established throughout the property. In the past years approximately 1000 acres has been treated with Graslan pellets in addition to a similar area of thinning as well as approximately 500 acres for regrowth.

10 Native Bee

11 Information Memorandum VEGETATION MAP

12 Native Bee WATER Native Bee is watered by 15 dams, 2 bores and 1 well in addition to seasonal holes in creeks and waterways including Roses Lagoon. DAMS EQUIPMENT & INFORMATION House Dam Hotel Dam 14 Dam Open walk in dam. Open walk in dam with concrete by-wash. Rural power connected, equipped with electric motor and Mono pump, pumping to 2 x 45,000 litre concrete tanks and 1 x 22,500 litre poly tank supplying the Homestead and stockyards. Note: by reversing a one way valve the House Dam can also supply pipelines serviced by the House Bore if required. Open walk in dam, rural power supplied to and available at the dam, but not equipped. Goody s Dam Western Dam Burn s Dam Alister s Dam Peterson s Dam Oakey Dam Jame s Dam Middle Dam Matthew s Dam Baker s Dam Kite s Dam Lawrence Dam Open walk dam. Note: share dam with adjoining neighbour Open walk in dam. Twin dams, fenced, equipped with windmill, pumping to 1 x 22,500 litre poly tank, servicing a concrete trough. Open walk in dam. Fenced, open walk in dam. Fenced, open walk in dam. Fenced, open walk in dam. Fenced, open walk in dam. Fenced, open walk in dam. Fenced, open walk in dam. Open walk in dam. Open walk in dam.

13 Information Memorandum WATER Lawrence s Dam Hotel Dam BORES House Bore Alpha Road Bore EQUIPMENT AND INFORMATION Approximately 25 metres deep, rural power connected equipped with submersible pump, pumping to Homestead. Also supplying 2 x 63mm poly pipelines. Pipeline 1 approximately 1km to the South supplying 1 x 22,500 litre poly tank servicing 2 x concrete troughs. Pipeline 2 approximately 2 km to the West supplying 2 x 22,500 litre poly tanks servicing 3 x concrete troughs. Note: These 2 x pipelines can also be supplied by the House dam by reversing a one way valve. Approximately 30 metres deep, equipped with Southern Cross windmill, pumping to a 22,500 poly tank servicing 1 x concrete trough.

14 Native Bee WATER House Bore House Bore Well Rose s Lagoon EQUIPMENT AND INFORMATION Western Well Approximately 18 metres deep, concrete cylinder, equipped with Southern Cross windmill supplying a 22,500 litre concreted CGI tank servicing 1 x concrete trough. RAINFALL Annual average rainfall for Native Bee is considered 600mm (24inches). Statistics for the township of Clermont from 1870 listed below (source BOM)

15 Information Memorandum STOCKYARDS The Native Bee stockyards are all steel, comprising a mix of portable panels and permanent cattle rail. Stockyard s incorporate a 7 way pound draft, steel calf crush, Morrissey branding cradle with Mengie latch, CIA vet crush, loading ramp, water connected and sprinkler system. The main working area of the yards is well shaded. FENCING Native Bee is subdivided into 8 main grazing paddocks plus holding and smaller paddocks in addition to internal laneway leading to the stockyards. The majority of fencing being 3 barb on steels post and 3 barb on Rosewood posts, with sections of 2 barb and 1 plain wire on Rosewood Posts and 4 Barb on steel posts. Fencing ranges from fair to near new condition.

16 Native Bee STRUCTURAL IMPROVEMENTS BUILDING DETAILS Homestead Well maintained, raised, weather board 3 bedroom Homestead, set in well kept garden setting. Machinery/Hay Shed Timber frame, corrugated iron joined machinery/hay shed with attached lean-to.

17 Information Memorandum REMARKS The Appleton Family have selectively developed Native Bee since their initial purchase in 1956. The property is only being offered for sale to finalise the estate of the late Bill & Dorry Appleton. Bill was a highly regarded cattleman with a reputation for producing quality prime speyed cows and heifers., In a prime position on the doorstep of Clermont with 21 Freehold Titles the astute investor may consider further business opportunity for Native Bee in addition to the successful livestock grazing enterprise it is today.

LEGEND Leasehold Title Freehold Title 9CLM421 (2083.2ha) 12CLM489 (1087.2ha) 111 LHDT 40102 (81.2ha) 231 LHDT 40319 (145.2ha) 41 LHDT 4082 (81.7ha) 112 LHDT 40102 (81.2ha) 35 LHDT 4082 (63.4ha) 110 LHDT 40101 (85.5ha) 13CLM151 (921.9ha) 265 CLER 4016 (101.47ha) 72 LHDT 4085 (65.2ha) 258CLER4036 (54.3ha) 279 M100 (31.4ha) Laglan Road 178 LHDT40268 (942ha) 131 LHDT 40165 (39.2ha) 5CLM49 (563.2ha) 14CLM234 (331.1ha) 5CLM49 (563.2ha) 6CLM49 (613.2ha) 1MPH222 (16.2ha) 259 CLER403 (16.5ha) 1CLM49 (350.2ha) 2 RP614035 (56.9ha) Old School Road 226 CLER403 (64.8ha) 2 CLM41 (95.5ha) Alpha Clermont Road NOTE: ALL CURRENT TITLE SEARCHES AVAILABLE 18

LEGEND Boundary Fence Internal Fence Creeks Pipeline Tanks Tough Alister s Dam Burn s PDK Well Dams Bores House Peterson s Dam Stockyards Inspection Route Burn s Dam Oaky Dam Sandy Creek House PDK Oaky PDK Western Dam Western Well Western PDK Hotel Dam Oaky Creek James s Dam Laglan Road House Dam PDK 14 House Bore Matthew s Dam Middle Dam 14 Dam Matthews PDK Goody s Share Dam Rose s Lagoon Lawrence s Dam Baker s Dam Bakers PDK Alpha Rd Bore 19 Racecourse PDK Kite s Dam Old School Road Alpha Clermont Road