and yes there will be consolidation.The Board of Sun has been...

and yes there will be consolidation.

The Board of Sun has been advised that the exercise of the Cottesloe Option may be an event which will
require the Company to re-comply with the requirements of chapters 1 and 2 of the ASX Listing Rules,
including seeking shareholder approval to the acquisition, issuing a prospectus or information
memorandum, seeking shareholder approval for and consolidating its capital (on a ratio to be
determined) (Consolidation) and obtaining shareholder spread in accordance with those rules. After the
completion of the re-compliance process the Company intends to issue options (Loyalty Options) on a
three for four basis to all shareholders, the terms and conditions of which will be advised at the time.