QIEC Super - first in our class

Investment Objectives

To provide consistent returns with a reduced level of risk. Earnings should exceed inflation by 2% p.a. in three out of four rolling three-year periods.

Credit Rates	Performance
30 June 2009	-4.20%
30 June 2008	-0.40%
30 June 2007	9.90%
30 june 2006	9.80%
30 June 2005	9.55%
5 year average**	4.75%

Strategic Asset Allocations

Suggested investment period

At least 3 years

Risk of negative return

1 in 17 years

Type of investor this would suit

Investors with a time horizon of at least three years, and those whose aim is to achieve consistent returns with reduced levels of risk.

 **Average is the compound average of the crediting rates over the past 5 years or shorter where the option was introduced from a later date. CPI over the same 5 year period averaged 2.92% p.a.

^ Figures in brackets denote allowable range for asset allocation.

Past Performance is not a reliable indicator of future performance