VESture.com.au

Microcap Investor Conference 2012

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The Mystery of Strata Solved

VESture.com.au

• Properties with more than one dwelling are strata properties that require professional management due to the strict legislation and regulation that govern the industry.

• 21% of the 8.4 million households living in private dwellings in 2009–10 reside in multi-dwelling residences (apartments, townhouses etc).

• The strata market size continues to grow due to the social shift favouring a medium to large density lifestyle, up 13.5% in 2011.

• Higher density housing was most common in capital cities, particularly in Sydney, where 23% of households were living in flats, units or apartments in 2009–10.

• 13,000 apartments being built or awaiting approval in Melbourne CBD

• Prediction of strong growth on the Gold Coast coinciding with the Commonwealth Games. Source: Australia Bureau of Statistics; Department of Planning and Community Development (Victoria); Gold Coast City Council.

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Who is Vesture Limited?

• National property company specialising in strata title management (Owners Corporation Management/Body Corporate Management).

• The #2 strata company in Australia.

• The parent company of three leading brands spread across the Eastern seaboard.

• All companies have been operating in the industry for over 30 years.

• All brands are established and recognised at a local, national and international level.

• Over 160 team members.

• Over 76,000 clients.

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Vesture’s History

• Three strong brands each founded by industry leaders responsible for moulding the strata industry in Australia.

Ernst: Allen Ryall (Now Executive Chairman of Vesture)

STM: Cameron Davis (Founding Member of industry body – Institute of

Strata Title Management (ISTM)- now Strata Community Australia (NSW))

VBCS : Herman Klein (Founding Member of industry body – Owners Corporation

Victoria – now Strata Community Australia (VIC))

• Each company is heavily involved in industry body Strata Community Australia (SCA) and Urban Development Institute of Australia (UDIA) including positions held on various Boards and Steering Committees. • Vesture was first listed on ASX on 19th December 1994 as Australian Institute of Property Management. Originally two service lines – strata management and property management. • Vesture’s name arose from two key words which have shaped the company since its start - inVEST and fuTURE.

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Where is Vesture Limited located?

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• Operations cover three key states where 80% of all strata business opportunities are created.

• Offices located in Australia’s three largest capital cities. - Sydney CBD

- Sydney South - Melbourne - Brisbane - Gold Coast - Tweed Heads - Ballina

• QLD Market – 382,991 lots and 40,064 schemes

• NSW Market – 728,780 lots and 75,690 schemes

• VIC Market – 419,289 lots and 71,286 schemes

Strata Lots: 382,991

Strata Lots: 728,780

Strata Lots:419,289

Source: City Futures Research Centre at University of New South Wales and Strata Community Australia – National Strata and Community Data 2012.

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Corporate Profile

• Over 76,000 lots under management.

• $30billion of property under management.

• Annual revenue of over $27million.

• A financially secure company operating within a recession resistant industry

• Income derived from management fees, insurance commissions, administrative income and interest.

• In a period of strong growth through the introduction of complimentary service initiatives and an extension of our product line.

• An experienced and motivated management team ready for growth

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VESture.com.au

Market Share

Total Lots

Market Share

No. of Staff

31,920 7.6% 51

Total Lots

Market Share

No. of Staff

24,634 3.2% 70

Total Lots

Market Share

No. of Staff

20,778 5.4% 53

Current Vesture Total of Lots

Market Share 3 year Growth Target

76,332 5.4% 100,747

* As of 26/09/12

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Competitors/Position

VESture.com.au

Position • Strong #2 in the industry • Only Strata Company listed on the ASX

Competitors in the Industry (All unlisted) • BCS • Archers • SSKB • Ace Body Corporate • Many hundreds of small, private operators with less than 1000 lots F

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VESture.com.au

Shareholding Structure

No. Shares on Issue

225 Mil

Last Share Price $0.11*

Market Capitalisation $25 Mil

* As of 26/09/12

Shareholder Total % Held by Insiders

M. Nauer 43.85

P. Bond 7.06

P. Bruhlmann 1.94

TOTAL 52.85

Share Summary

% Held by Insiders

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VESture.com.au

Shareholding Structure

Shareholder % Held

1) M. Nauer 43.85

2) JBFT Pty Ltd 9.05

3) Prudential Investment Company 7.50

4) P.Bond 7.06

5) G A B Kummer-Gramiger 6.14

6) Urunga Trading Corporation 3.87

7) Prudential Investment Company 3.68

8) Cyric Point Investments Ltd 3.48

9) Lifestyle Village Services Pty Ltd 3.01

10) Harwyn Pty Ltd 1.24

11) Strataworld Pty Ltd 1.24

12) Patrik Bruhlmann 1.01

13) Patrik Bruhlmann 0.93

14) Bryan Forby 0.85

15) The Trustee for the Logan Superfund 0.85

16) U. Schmidli 0.77

17) Prudential Investment Company 0.49

18) Pacific Developments (QLD) Pty Ltd 0.48

19) Harder Investments Pty Ltd 0.44

20) G. Beaumont 0.37

TOTAL 96.31

* As of 26/09/12

Top 20 Shareholders

96.31

3.69

Top 20 Shareholders % Held

Top 20

Shareholders

Other

Shareholders

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Financial Information 2011/12

Income (Budget) $29,532

32%

31%

37%

2012/2013 Budget Split

Ernst

STM

VBCS

27%

31%

42%

Lots Under Management (% of 76,332 lots)

Ernst

STM

VBCS

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VESture.com.au

Growth/Targets over next 3 years

Company

Number of Lots by

Company 2012

Number of Lots

by Company

2013

Number of Lots

by Company

2014

Number of Lots

by Company

2015

VBCS 31,920 32,472 36,043 40,008

Ernst 20,778 23,064 25,601 28,417

STM 23,634 26,233 29,119 32,322

Total 76,332 83,700

91,900 100,747

• Approximately 10% increase per year

* As of 26/09/12

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VESture.com.au

Key objectives at Vesture To strengthen Vesture’s expansion plans with committed shareholders willing and able to co-finance the additional opportunities in Australia and willing to open new markets in Asia Pacific & the Middle East

First mover advantage in Asia Continue to participate in the consolidation of the Australian strata industry with our successful share option participation model and brand continuation

Committed to paying down debt and increasing profitability. An increase in lot numbers adds substantially to the bottom line as incremental costs of delivery are reduced with fixed costs already covered.

Issuing of dividends to shareholders.

Aggressive and achievable targets for organic growth and increased market share

Hold the #2 position in the Marketplace with the vision to move into #1 position through innovation and strategy.

EXPANSION INCREASE PROFITABILITY

ORGANIC GROWTH

LEADING COMPANY

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VESture.com.au

• Second largest strata company in Australia. Presence in 3 key states where 80% of all strata business opportunities are created.

• An industry resilient to economic downturn and a growing market place will provide on-going opportunities to increase market share.

• Now retains over 5.4% market share meaning extensive opportunity for organic growth and expansion via acquisitions nationally and abroad.

• Currently consulting on large projects in Asia and Middle East.

• The Strata Management Company of choice for many leading property developers.

• A pipeline of 47,000 lots committed to come on board.

• Superior branding concept with a full time marketing manager spending AU$ 1million in targeted activities per year.

• The only ASX listed Strata Company offering open and transparent business behavior.

• Opportunity for dividends to be paid in the near future.

What makes Vesture exciting for Investors?

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VESture.com.au

A secure investment with a growing company… Vesture Limited

Paul Juchima | Director Cielo Capital Pty Ltd

Level 31, 120 Collins Street, Melbourne VIC 3000 T: +61 3 9225 5448 E: pjuchima@cielocapital.com.au Patrik Bruhlmann | Chief Executive Officer Vesture Limited

Level 7, 447 Kent Street, Sydney NSW 2000 T: +61 2 9266 2600

Contact Us

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QUESTIONS …

Available for one-on-one meetings all day today and tomorrow.

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