Shareholder Letter - Operations Update

ASX Announcement 22 February 2010

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	Port Bouvard acknowledged as Western Australia's premier Masterplanned Development 08.09.10
	PBL successfully settles A$33.4 million of Oceanique Luxury Apartments 08.09.10
	Results Announcement Full Year 2010 and Appendix 4E 25.08.10
	Initial Directors Interest Notice 28.07.10
	Notice of Initial Substantial Holder 27.07.10
	New Directors Appointed 23.07.10
	Successful Settlement on Entitlement Offer 20.07.10
	Lapsing of Employee Share Options 15.07.10
	Port Bouvard Limited Announces Closing of Retail Entitlement Offer 14.07.10
	Gidgegannup Cancellation Agreement Completed 12.07.10
	Notice of change of interests of substantial holder - Kingston Capital Limited 05.07.10
	Company Update - Notice of ceasing to be a substantial shareholder 02.07.10

	ASX Information
	Investor Presentation 18.06.10
	2009 Annual Report