ANGAS STAFF MEMBERS CELEBRATE 10 YEARS!

ADELAIDELevel 14, 26 Flinders Street

Adelaide SA 5000

GPO Box 2948, Adelaide SA 5001

Ph 08 8410 4343 Fax 08 8410 4355

INTEREST PAID MONTHLY

FINANCIAL STATEMENTS FOR THE HALF YEAR TO 31 DECEMBER 2013 ARE POSTED AT: www.angassecurities.com

REGULATORY ADVICE Investment offer contained in the PDS, which you should consider before deciding whether to invest. Applications made only by the application form contained in the PDS. Your investment is not a bank deposit. There is a risk that you could lose some or all of your

money and that you could receive lower than expected returns.

IMPORTANT NOTICE This newsletter does not contain investment advice. You should carefully consider the content of our disclosure document and seek advice from your own qualified financial adviser. This newsletter contains general information only and does not take into account

your individual objectives, financial situation or needs.

INVESTOR SERVICE LINE 1800 010 800

TARGET RATE P.A.

7.5%

SEPTEMBER 2014

INVESTOR NEWS

ANGAS SECURITIES LIMITED / ACN 091 942 728 / AFC LIC NO 232 479

GOLD COASTSuite 54, 1 Arbour Avenue

Robina QLD 4226

PO Box 5116, Robina Town Centre QLD 4230

Ph 07 5578 9311Fax 07 5593 2422

SYDNEYLevel 10, 19-31 Pitt Street

Sydney NSW 2000

PO Box R1835, Royal Exchange NSW 2000

Ph 02 9259 0777Fax 02 9259 0788

PERTHSuite 12, 448 Roberts Road

Subiaco WA 6008

PO Box 1602, Subiaco WA 6904

Ph 08 9380 4983 Fax 08 9380 4480

ANGAS PRIME INCOME FUND

Since its inception in 2000, Angas Securities has prided itself on recruiting and retaining quality people for its operations. This month marks the 10 year anniversary of valued staff members Beata Mitkas (Chief Financial Officer) and Linley Vogel (Investor Relations Manager).

Beata Mitkas (pictured on the next page with the Managing Director) joined Angas on 13 September 2004. She grew up in Perth, where her parents still live, and graduated from Curtin University in 1999 with a Bachelor of Commerce degree. Her first job, whilst still at university, was with CSR Building Materials. Prior to joining Angas, Beata worked mainly in the financial services sector for companies such as TD Waterhouse and JP Morgan. Marriage saw Beata move to Adelaide in 2001. Her senior role at Angas means Beata is responsible for preparation of the annual and half yearly financial statements, preparation of management reports for monthly Board presentation, implementing cash flow management strategies, analysis relating to investing activities, statutory and revenue compliance and supervision of accounts payable. “From a professional point of view, I enjoy working for an evolving national financial services business that has grown significantly over the past 10 years with the introduction of two managed investment schemes - Angas Prime Income Fund and Angas Contributory Mortgage Fund” said Beata, “And from a personal point of view, the office atmosphere where we can have a laugh amidst the day to day pressures makes coming to work a pleasure!”

A week after Beata, Linley (pictured right) started at Angas and remembers, “When I joined Angas Securities, we were using Prospectus No. 4 and the Debenture Fund stood at about $60m - it is now around $240m! And two new investment products have been launched.” Many of the investors from those days are still investors with Angas and Linley says that her continuing interaction with them is one of the most satisfying parts of her job. Linley’s experience before coming to Angas was as a legal secretary. Former Angas Director Kim Lyons, who was a partner at Perth law firm Jackson McDonald, employed her as his secretary in 1985 and Linley subsequently worked at Jackson McDonald, on and off, for the next 20 years. Kim again employed Linley, this time as Administration and Investor Relations Officer in the Perth office. “It was quite a change,” says Linley, “and I’m amazed at how quickly the time has gone! Angas fosters a great team environment and even though I’m all the way over in Perth, I still feel connected to the other Angas offices throughout Australia.”

As well as their professional association, Beata and Linley also enjoy a warm personal relationship and love catching up with each other in either Adelaide or Perth whenever the opportunity arises.

Angas Securities congratulates Linley and Beata on their significant milestone, thanks them for their contribution and looks forward to the next ten years! They will be just as rewarding for Angas staff and stakeholders.

Investor News - September.indd 1 10/08/2014 1:52:23 PM

ANGAS PRIME INCOME FUND

APIF DELIVERS VALUE TO INVESTORS

FINANCIAL SERVICES HAVE BEEN A TOPICAL ISSUE RECENTLY.

As Angas Securities Investor News has previously observed, most “reform” and regulation of the financial services sector benefits the big end of town and is anti-competitive. Financial products have not become more complex but the rules surrounding them have become more complex. This trend works against efficiency. Banks employ battalions of lawyers who can swiftly respond to the latest “reform”

announcement. Many independent players simply cannot keep up. Fortunately, Angas is able to do so as more than ten per cent of total staff are fully qualified lawyers with the resources and capacity to ensure

that all compliance obligations are fully met. In addition, APIF has been developed by Angas Securities as a modern, fully licensed and efficient investment product suitable for providing competitive rates of return.

Contrast APIF with financial products issued by some of the larger industry players. Investors seriously question whether that value is really there. Products are developed with minimal input from or thought about the eventual customer. Large, integrated financial services businesses spend time and effort with a focus on the distributor rather than the customer. APIF refuses to pay high up-front commission, runs a lean cost base, shuns expensive mass marketing and distributes its product direct to the public. The integration of financial planning groups into the major banks has led to consumer scepticism about financial services. Duane Davies, APIF General Manager said “The recent transformation of the sector is being tracked by astute private investors who are looking for yield to build their retirement funds”.

Mr Davies has first hand industry knowledge. He worked for a major bank and an independent finance company prior to joining Angas Securities in 2010.

APIF was developed by Angas Securities over several years with the key focus to deliver value to its investors. “APIF has a robust platform for growth” said Mr Davies. “APIF has been built on the core values

of Angas Securities of looking after investors, delivering products in the most efficient way, reducing distribution costs and enhancing the yield that APIF can pay to its investors”. Angas Securities does not have to get back to basics as implementing a single and effective business model is the way that Angas

Securities has always done business. Simple products, personalised service and better value are the hallmarks of Angas Securities as thousands of customers can attest to over many years. In 2014, investors

can access APIF which is delivering on its Target Rate of 7.5% per annum paid monthly by investing in full secure first mortgages.

“THE RECENT TRANSFORMATION OF THE SECTOR IS BEING TRACKED BY

ASTUTE PRIVATE INVESTORS WHO ARE LOOKING FOR YIELD TO BUILD THEIR

RETIREMENT FUNDS”.

Investor News - September.indd 2 10/08/2014 1:52:28 PM

ANGAS PRIME INCOME FUND

APIF DELIVERS VALUE TO INVESTORS

FINANCIAL SERVICES HAVE BEEN A TOPICAL ISSUE RECENTLY.

As Angas Securities Investor News has previously observed, most “reform” and regulation of the financial services sector benefits the big end of town and is anti-competitive. Financial products have not become more complex but the rules surrounding them have become more complex. This trend works against efficiency. Banks employ battalions of lawyers who can swiftly respond to the latest “reform”

announcement. Many independent players simply cannot keep up. Fortunately, Angas is able to do so as more than ten per cent of total staff are fully qualified lawyers with the resources and capacity to ensure

that all compliance obligations are fully met. In addition, APIF has been developed by Angas Securities as a modern, fully licensed and efficient investment product suitable for providing competitive rates of return.

Contrast APIF with financial products issued by some of the larger industry players. Investors seriously question whether that value is really there. Products are developed with minimal input from or thought about the eventual customer. Large, integrated financial services businesses spend time and effort with a focus on the distributor rather than the customer. APIF refuses to pay high up-front commission, runs a lean cost base, shuns expensive mass marketing and distributes its product direct to the public. The integration of financial planning groups into the major banks has led to consumer scepticism about financial services. Duane Davies, APIF General Manager said “The recent transformation of the sector is being tracked by astute private investors who are looking for yield to build their retirement funds”.

Mr Davies has first hand industry knowledge. He worked for a major bank and an independent finance company prior to joining Angas Securities in 2010.

APIF was developed by Angas Securities over several years with the key focus to deliver value to its investors. “APIF has a robust platform for growth” said Mr Davies. “APIF has been built on the core values

of Angas Securities of looking after investors, delivering products in the most efficient way, reducing distribution costs and enhancing the yield that APIF can pay to its investors”. Angas Securities does not have to get back to basics as implementing a single and effective business model is the way that Angas

Securities has always done business. Simple products, personalised service and better value are the hallmarks of Angas Securities as thousands of customers can attest to over many years. In 2014, investors

can access APIF which is delivering on its Target Rate of 7.5% per annum paid monthly by investing in full secure first mortgages.

“THE RECENT TRANSFORMATION OF THE SECTOR IS BEING TRACKED BY

ASTUTE PRIVATE INVESTORS WHO ARE LOOKING FOR YIELD TO BUILD THEIR

RETIREMENT FUNDS”.

Investor News - September.indd 2 10/08/2014 1:52:28 PM

ANGAS STAFF MEMBERS CELEBRATE 10 YEARS!

ADELAIDELevel 14, 26 Flinders Street

Adelaide SA 5000

GPO Box 2948, Adelaide SA 5001

Ph 08 8410 4343 Fax 08 8410 4355

INTEREST PAID MONTHLY

FINANCIAL STATEMENTS FOR THE HALF YEAR TO 31 DECEMBER 2013 ARE POSTED AT: www.angassecurities.com

REGULATORY ADVICE Investment offer contained in the PDS, which you should consider before deciding whether to invest. Applications made only by the application form contained in the PDS. Your investment is not a bank deposit. There is a risk that you could lose some or all of your

money and that you could receive lower than expected returns.

IMPORTANT NOTICE This newsletter does not contain investment advice. You should carefully consider the content of our disclosure document and seek advice from your own qualified financial adviser. This newsletter contains general information only and does not take into account

your individual objectives, financial situation or needs.

INVESTOR SERVICE LINE 1800 010 800

TARGET RATE P.A.

7.5%

SEPTEMBER 2014

INVESTOR NEWS

ANGAS SECURITIES LIMITED / ACN 091 942 728 / AFC LIC NO 232 479

GOLD COASTSuite 54, 1 Arbour Avenue

Robina QLD 4226

PO Box 5116, Robina Town Centre QLD 4230

Ph 07 5578 9311Fax 07 5593 2422

SYDNEYLevel 10, 19-31 Pitt Street

Sydney NSW 2000

PO Box R1835, Royal Exchange NSW 2000

Ph 02 9259 0777Fax 02 9259 0788

PERTHSuite 12, 448 Roberts Road

Subiaco WA 6008

PO Box 1602, Subiaco WA 6904

Ph 08 9380 4983 Fax 08 9380 4480

ANGAS PRIME INCOME FUND

Since its inception in 2000, Angas Securities has prided itself on recruiting and retaining quality people for its operations. This month marks the 10 year anniversary of valued staff members Beata Mitkas (Chief Financial Officer) and Linley Vogel (Investor Relations Manager).

Beata Mitkas (pictured on the next page with the Managing Director) joined Angas on 13 September 2004. She grew up in Perth, where her parents still live, and graduated from Curtin University in 1999 with a Bachelor of Commerce degree. Her first job, whilst still at university, was with CSR Building Materials. Prior to joining Angas, Beata worked mainly in the financial services sector for companies such as TD Waterhouse and JP Morgan. Marriage saw Beata move to Adelaide in 2001. Her senior role at Angas means Beata is responsible for preparation of the annual and half yearly financial statements, preparation of management reports for monthly Board presentation, implementing cash flow management strategies, analysis relating to investing activities, statutory and revenue compliance and supervision of accounts payable. “From a professional point of view, I enjoy working for an evolving national financial services business that has grown significantly over the past 10 years with the introduction of two managed investment schemes - Angas Prime Income Fund and Angas Contributory Mortgage Fund” said Beata, “And from a personal point of view, the office atmosphere where we can have a laugh amidst the day to day pressures makes coming to work a pleasure!”

A week after Beata, Linley (pictured right) started at Angas and remembers, “When I joined Angas Securities, we were using Prospectus No. 4 and the Debenture Fund stood at about $60m - it is now around $240m! And two new investment products have been launched.” Many of the investors from those days are still investors with Angas and Linley says that her continuing interaction with them is one of the most satisfying parts of her job. Linley’s experience before coming to Angas was as a legal secretary. Former Angas Director Kim Lyons, who was a partner at Perth law firm Jackson McDonald, employed her as his secretary in 1985 and Linley subsequently worked at Jackson McDonald, on and off, for the next 20 years. Kim again employed Linley, this time as Administration and Investor Relations Officer in the Perth office. “It was quite a change,” says Linley, “and I’m amazed at how quickly the time has gone! Angas fosters a great team environment and even though I’m all the way over in Perth, I still feel connected to the other Angas offices throughout Australia.”

As well as their professional association, Beata and Linley also enjoy a warm personal relationship and love catching up with each other in either Adelaide or Perth whenever the opportunity arises.

Angas Securities congratulates Linley and Beata on their significant milestone, thanks them for their contribution and looks forward to the next ten years! They will be just as rewarding for Angas staff and stakeholders.

Investor News - September.indd 1 10/08/2014 1:52:23 PM