Date: 30 June 2006

Fund name: Perpetual Wholesale Industrial Share Fund

APIR code: PER0046AU

Distribution Components C.P.U.
Domestic interest 0.002286
Other Australian sourced income 1.217109
Australian Interest - Aust Govt Securities -
Net franked dividends 1.693681
Unfranked dividends 0.200633
Conduit Foreign Income -
Foreign Sourced Income -
FIF Income -
CFC Income -
Capital gains - discounted (TARP) 0.006420
Capital gains - indexed method (TARP) -
Capital gains - other method (TARP) -
Capital gains - discounted (NTARP) 5.835185
Capital gains - indexed method (NTARP) -
Capital gains - other method (NTARP) 0.395769
CGT concession amount 5.835209
Tax exempt amount -
Tax deferred amount 0.387724
Tax free amount -
Franking credits 1.511510
Foreign income tax offset -
Foreign capital tax offset -
Trans-tasman credits -
Total distribution amount 17.085526
FUND PAYMENT 1.229949

The Fund is a withholding managed investment trust for the purpose of Subdivision 12-H of Schedule 1 of the Taxation Administration Act 1953 (The Act).

The information included above is provided for the purpose of Subdivisions 12-H and, where applicable, 12A-B of the Act and is relevant to custodians and other intermediary investors to assist them to fulfil their withholding tax obligations. Australian investors should rely on the Attribution Managed Investment Trust Member Annual (AMMA) statement which will be issued after the end of the financial year.

Note:

This information has been provided in good faith and is believed to be accurate at the time of compilation. The tax information contained in this document is not intended to provide you with advice or take into account your objectives, financial situation or needs. You should consider whether the information is suitable for your circumstances and we recommend you seek professional advice.