50 per cent in the money, page-17

Reading the prospectus could certainly make people think today was the day for the entitlement.

If you were to read down to the following:

"If you were a Shareholder on the Record Date, a blue Entitlement and Acceptance Form setting out your Entitle to New Ordinary Shares accompanies this Prospectus."

you may think today was the day.

However, further down it states:

" Shares acquired on the ASX on or after 24 October 2007 (or such other date set by the Securities Clearing
House or ASX) will not receive rights to acquire New Ordinary Shares under the Rights Issue."

Sorry to harp on but can be confusing sometimes. To clarify, basically is the ex-date determined by the T+3 trading rules (as I notice there are exactly 3 working days between the ex-date and the record date)?