Aspen Group Limited · ASX:APZ

Aspen — Shareholder Meeting (November 2004)

13 slides from Aspen's shareholder meeting presentation, Nov 29, 2004

  1. Slide 1: 2004 AGM Presentation

    2004 AGM Presentation Angelo Del Borrello Managing Director

  2. Slide 2: Agenda

    genda 2004 Financial Year Highlights 2005 Financial Year To Date Financial Snapshot Property Portfolio Funds Management Strategy and Outlook 29/1 1/2004

  3. Slide 3: 2004 Financial Year Highlights

    Stapled Security structure created 40 Assets under management from $53 million to $99 million Net profit after tax from 454% to $4.04 million Earnings per security from 127% to 1.68 cents per Stapled Security Distributions per security from 95% to 1.45 cents per Stapled Security Aspen Parks Property

  4. Slide 4: 2005 Financial Year To Date

    f in 2005 forecast distribution of 15.1% to 1.67 cents per Stapled Security « $30 million capital raising via placement to institutional investors « Acquisition of two industrial properties valued at $30.2 million « Agreement to purchase Melbourne office building for $25 million « Group gearing redu

  5. Slide 5: Financial Snapshot

    Pre St. Kilda Rd. Proforma Acquisition Post St. Kilda Rd. Acquisition Share Price «1, 20c 20c 12 Month High/Low 21c - 13.5¢ Major Securityholders Shares on Issue 435.5M 506M AMP Market Capitalisation (1 $87.1M $101.2M HSBC Gross Assets $138.0M $163.0M Entrust Babcock and Brown Gearing 50.8% 50.1% UB

  6. Slide 6: Property Portfolio

    Property State Primary Date Cast Property Capital Use Acquired Price Value Growth Septimus Roe WA Office. += Oct 2002» $28.7M = $30.0M_—$1.3M Square Midland Cinema = Wa Retail + Oct 2002» $5.0M_ = §6.15M_S1.15M Complex Champion Drive wa Retail. ~Nov2002 §7.2M —‘$7.5M_—$0.3M Shopping Centre . . . Alc

  7. Slide 7: Elders Woolstores, Western Australia

    Elders Woolstores, Western Australia 7 29/1 1/2004

  8. Slide 8: Property Portfolio

    operty.Portfolio’ Septimus Roe Square, Perth Browns Road, Noble Park, Melbourne 8 29/1 1/2004

  9. Slide 9: Property Portfolio

    Property-Portfolio’ Heaton Street, Brisbane Midland Cinema Complex, Western Australia 9 29/1 1/2004

  10. Slide 10: St. Kilda Road, Melbourne

    St. Kilda Road, Melbourne 29/1 1/2004

  11. Slide 11: Funds Management

    Created in 2003 to pursue and develop non- dilutive income streams for the Group. Principal focus is the management of property related unlisted investment funds. Aspen Parks Property Fund - /aunched April 04 « $25.5 M equity raised — target fund size $150 M « 7 tourist park properties in Western Au

  12. Slide 12: Strategy and Outlook

    Enhance performance of existing portfolio through active management Continue to pursue additional property acquisitions for Aspen ~ Critical Mass ~ Geographic and sector diversity ~ Secure long term lease covenants Growth of Aspen Parks ~ Utilisation of over-subscriptions to acquire additional parks

  13. Slide 13: Angelo Del Borrello, Managing Director

    2004 AGM Presentation Angelo Del Borrello Managing Director

Aspen Group — Shareholder Meeting (November 2004) on 6ix