Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

ASX Investments Report - Towers Perrin

Date 28/09/2001

Attached is an investment sector performance prepared for the Australian Stock Exchange (ASX) by the leading actuarial and assetlinvestment management consultants Towers Perrin.

ASX commissioned Towers Perrin to report on the performance of various investments on a consistent net basis (i.e. after all costs and taxation) over the 10-year period ended 31 December 2000.

As with previous reports, performance is calculated over a 10-year period to assist those private investors who invest for the medium and longer term, and to provide a reasonable comparison between investment sectors.

For the first time, Towers Perrin has included two of the major asset classes characteristic of the Australian investment scene: listed property trusts, and managed funds. Their performance has also been calculated for the 10 years up to 31 December 2000 to enable comparison with the other sectors traditionally included in the report.

Their inclusion means that the major sectors now covered by the survey are: Australian equities, residential property, listed property, domestic fixed interest, domestic cash and managed funds. The full report is to be found at

http://www.asx.com.au/shareholder/pdf/ towersperrin270901.pdf