Port Bouvard Limited Highlights

- Company has undertaken a successful $60.2M capital raising
- FKP Property Group is a cornerstone investor in Port Bouvard Limited
- Final phase of capital raising now in progress, being a fully underwritten entitlements offer
- Renegotiated and extended banking facilities
- Oceanique Apartments now 99% complete with final completion expected end of July 2010
- Eastport 5 Island sales completed with settlements now underway