Continuous disclosure notice - Important update to all Orchard Unit Holders and Shareholders

16 June 2010

Orchard Funds Limited (Orchard) and Orchard Capital Investments Limited (the Responsible Entity) provide the following update regarding the Orchard recapitalisation/sale process.

Background

Over the last six months Orchard has run a recapitalisation/sale process designed to provide unit holders and shareholders of our business the best possible outcome. To this end:

  • The Orchard board of directors has retained KMPG Corporate Finance to run the recapitalisation/sale process and advise the Responsible Entity (which acts on behalf of unit holders) and Orchard (which acts of behalf of shareholders) Please click here to download a copy of this update.