This document provides an overview of the Otan property fund and investment opportunities. It discusses Otan's board members and their qualifications. It also outlines several of Otan's existing and planned property development projects in Western Australia, and notes their expected returns. The document promotes investing in Western Australia due to the state's strong economic outlook and forecasts for continued population and infrastructure growth. It identifies Pindan as Otan's preferred builder and outlines Pindan's qualifications.

2. IMPORTANT INFORMATION
This presentation has been prepared
without taking account of the
objectives, financial situation or needs of
any particular individual.
Before acting on the information in this
presentation, you should consider its
appropriateness to your circumstances
and, if necessary, seek appropriate
professional advice.
AFSL Licence: 342911
Registered Scheme: 142104158
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3. IMPORTANT INFORMATION
Requirements for Otan to have a Retail Australian Financial
Securities Licence
• 50% of the Otan board is independent
• Yearly independent audit of fund finance
• Yearly independent audit of the fund’s compliance procedures
• Otan as the responsible entity must retain a minimum of $500,000 of cash
• Proven track record managing funds and property
• Strict processes for conflicts of interest
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4. IMPORTANT INFORMATION
Otan Product Disclosure Statements
• These are lodged with the Australian Securities
and Investments Commission
• Complete transparency and disclosure
• All statements must be supported
• Tax
• Legal
• Valuation Signed off by
experts and
• Cost supported by facts
• Revenues
• Financial
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5. WELCOME
TO OTAN

6. WELCOME TO OTAN
OTAN IS AN OPPORTUNITY FUND
Otan was established to make the most of a unique
opportunity in the West Australian property industry.
Otan has a retail AFSL licence (Lic No 342911) and it
will provide investors with the ability to participate
in property opportunities across Western
Australia. (Australian Registered Scheme Number
142104158)
Queens Park | North 1 Subi Centro | South Beach
South Beach 461 Housing | Karratha | Belmont
South Headland | Karratha Infill
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7. WELCOME TO OTAN
OTAN FUNDS UNDER MANAGEMENT
April 2010 to October 2012:-
• $53,000,000 plus
• $1.104 Million raised on average per month
• Average investment $1,177,000 per investor
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8. WELCOME TO OTAN
THE OTAN INVESTMENT STRATEGY
The three main objectives of the fund are to combine these critical factors in the investment
strategy:-
• Maximise the actual returns of the fund.
• Cost down • Revenue up • Project brought forward
• Manage the risk of the fund.
• Non recourse debt
• Land mainly owned outright at settlement.
• Pre sales of the properties to be developed will normally cover any development debt by 120%.
• The prices of the individual properties are very “middle ground” which was the most
resilient in the GFC.
• Deliver the returns of the fund.
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9. WELCOME TO OTAN
THE FOUR MAIN TYPES OF PROPERTY DEVELOPMENT ARE:
Infill residential property Residential projects incl. apartments
(20-100 houses in an existing residential area) (30-200 apartments)
Broad acre residential land subdivision Commercial projects
(50-1000 lots subdivisions) (pre leased)
The current benchmark for minimum investors returns on a new project is 20% IRR WWW.OTAN.COM.AU

10. WELCOME TO OTAN
PROCESS OF AN OTAN FUND
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11. WELCOME TO OTAN
INVESTOR PROCESS
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12. WELCOME TO OTAN
SITE IDENTIFICATION
The acquisition team is equipped with specialised skills, up to date market
knowledge/information and current planning contacts.
FEASIBILITY
The past knowledge of the delivery of $100s of millions of projects as well
as the experience to know when to say NO.
CONTRACT
Experience and knowledge.
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13. WELCOME TO OTAN
BOARD OF DIRECTORS
JOHN WELBORN JOHN NICHOLAS DAVID PRINGLE MARK BUTLER
Director Chairman Executive Director Managing Director
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14. WELCOME TO OTAN
DAVID PRINGLE EXECUTIVE DIRECTOR
• 50% shareholder and fulltime director of the Pindan group of
companies since 1981
• In these 30 years Pindan has grown to one of the largest builders in
Western Australia
• annual turnover exceeding $500 million and employing a staff in
excess of 350.
• David’s responsibilities for the Pindan group including over seeing all
the accounting and financing functions
• Pindan has been active as a developer
• David was also the managing director of Axiom Properties Ltd from
1991 until September 1997. The company listed on the Australian
Stock exchange in early 1997.
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15. WELCOME TO OTAN
MARK BUTLER MANAGING DIRECTOR
• 20 years as Director and Executive Director of a number of property firms
• Director of firms from start-up to listed on the Australian Stock Exchange
• Created national award winning brand strategies and
• Proven track record as a capital raiser.
• Founder of Butler & Company (in Victoria) undertaking
commercial, residential and rural sales, acquisition and management.
• Raised $500,000,000 of capital and the acquisition of over a billion dollars
of properties across Australia.
• Extensive property project experience including “Royal Domain Tower” in
St Kilda Road Melbourne, “Flinders Wharf” in Docklands Victoria and
“Hidden Valley”, a 950 lot residential golf community.
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16. WELCOME TO OTAN
JOHN NICHOLAS EXTERNAL CHAIRMAN
• Fellow of the Institute of Chartered Accountants
• 35 years experience in accounting and corporate advisory work
• Partner in Ernst and Young ( 12years )
• Arthur Andersen ( 8 years )
• Nicholas and Stedman ( 6 years )
• Commercial Director - Wunan Foundation Inc - 11years
• Chairman of Noahs Ark (WA ) Inc.
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17. WELCOME TO OTAN
JOHN WELBORN EXTERNAL DIRECTOR
• Chartered accountant
• More than 15 years experience as an investment banker
• Currently the Managing Director of Equatorial Resources Limited
• Director of Prairie Downs Metals Limited
• Director of Rugby WA
• Member of the Australian Institute of Chartered Accountants, The
Financial Services Institute of Australia, and the Australian Institute of
Company Directors.
• First West Australian to play rugby for the Wallabies playing six tests for
Australian between 1996 and 1999.
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18. WELCOME TO OTAN
KEEPING YOU INFORMED
Monthly development reports
provided for each project.
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19. WELCOME TO OTAN
KEEPING YOU INFORMED
Otan Unit Certificate
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20. INVESTING
WITH OTAN

21. INVESTING WITH OTAN
THE PROCESS
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22. INVESTING WITH OTAN
WHO INVESTS WITH OTAN
Institutional
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23. INVESTING WITH OTAN
EXAMPLE LEGAL STRUCTURE: OTAN QUEENS PARK
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24. INVESTING WITH OTAN
HOW LONG IS MY INVESTMENT
This is a guide of the time frames of each type of residential projects that Otan undertakes, however there will
be specific time frames in each product disclosure statement for each project.
WWW.OTAN.COM.AU

25. INVESTING WITH OTAN
SELF MANAGED SUPER FUNDS
Otan, like most SMSFs is designed for high capital growth. It’s as easy as filling in one
simple application form and you are invested in the project of your choice.
• No special structures required other than your fund.
• No lengthy professional consultation.
• Debt is handled in accordance with SMSF rules (no guarantees required).
• It is normally very hard to undertake property development of any type in your
SMSF, not with Otan.
Otan advises that you seek your own advice before investing
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26. INVESTING WITH OTAN
THE CHOICE IS YOURS
• The investor selects how much they wish to invest in which Otan project.
• You are able to spread your investment across a number of Otan projects.
• Each project fund (Project specific part B) is a separate fund and therefore
“ring fenced” financially.
• Risk minimised by pre-sales of the project product prior to construction.
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27. INVESTING WITH OTAN
MANAGING RISK
Even if a project is unable to proceed, the land is owned with no or very little debt. In most
cases the sale price of the land (valued by an independent property valuer) is increased by
obtaining the statutory approvals to develop the land.
OPTION ONE
Sell the land with the development approvals and return the money to the
investors. Depending on the lands sale price the returns for example may vary from 70-
110% of the invested capital.
OPTION TWO
Delay the development until circumstances change in favour of the development. As the
site has little or no debt the fund has the ability to not develop the site.
If this situation was to happen these two options (or others) would be discussed with the
investors and the appropriate action would be undertaken.
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28. INVESTING WITH OTAN
RETURNS
• The Otan development funds have an minimum investment benchmark of
15% internal rate of return (annual) nett to the investor. Funds are projected
to exceed this.
• The returns are NOT guaranteed.
• Returns can be increased by Otan working with cost, revenues and
time management.
• There are no partial returns only those paid at the completion of the project.
WWW.OTAN.COM.AU

29. INVESTING WITH OTAN
FEES
All fees are set out exactly in each project’s Product Disclosure Statement
Acquisition fee buy the right project (3% of purchase price)
Capital raising fee the cost to raise the capital (4% of the capital)
Funds management fees cost to maintain the fund (2% of funds per year)
Performance bonus The bonus paid once a result is achieved by Otan at the end of
the project. (A percentage of the top end of the return
in excess of 15% per annum)
Note: Refer to your Product Disclosure Statement for the exact fees, the above are to
be seen as a guide only.
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30. THE PROJECTS

31. THE PROJECTS
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32. THE PROJECTS
QUEENS PARK
Infill Housing
• Capital $2.96 million
• 48 houses and
apartments
• Opposite train station
and just 15 minutes to
the city
• Construction and
settlements started
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33. THE PROJECTS
QUEENS PARK
Infill Housing
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34. THE PROJECTS
South Beach
Infill Housing
• Capital $2.96 million
• 20 town houses
• 200m from the beach
• Approvals achieved
ready for pre sales
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35. THE PROJECTS
South Beach
Infill Housing
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36. THE PROJECTS
South Beach
461 Housing
Infill Housing
• Contract $3.0 million
• 24 townhouses
• Estimated return of 22%
per annum
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37. THE PROJECTS
South Beach 461 Housing
Infill Housing
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38. THE PROJECTS
North One Subi Centro
Apartments
• Capital $16 million
• 88 apartments and
commercial units
• 80% pre-sold
• Institutional investor
(ISPT DOF fund)
• Construction started
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39. THE PROJECTS
North One Subi Centro
Apartments
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40. THE PROJECTS
Otan Karratha
Subdivision
• Capital $10 million
• 330 residential lots
• 100 lots pre sold with
houses for $80 million
• Construction started
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41. THE PROJECTS
Otan Karratha
Subdivision
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42. THE PROJECTS
191 Great Eastern
Highway Belmont
Office
• 3439 sq m of nett
lettable space.
• 10,954 sq m site with
dual frontages
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43. PROJECTS
Otan Nickol Karratha
559 Grouped Dwellings
• $1.75 Million capital
• 4,814 sq m site
• 15 homes
• 29% IRR
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44. PROJECTS COMING SOON
Otan South Hedland
Grouped Dwellings
• Otan South Headland
• $2.0 Million capital
• 4,885 sq m site
• 16 homes
• 54% IRR
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45. PROJECTS COMING SOON
Otan Guilford
Grouped Dwellings
• Located on the banks of
the Swan River
• $4.7 Million capital
• 2.16 Hectare site
• 54 homes
• 23% IRR
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46. INVEST IN
THE WEST

47. INVEST IN THE WEST
THE WA ECONOMY
Western Australia’s economy was
valued at $217 billion in 2010-11. It
grew 3.5% in real terms in
2010-11, below its annual average of
4.4% over the past five years. Growth in
2010-11 was mainly driven by increased
business investment, household
consumption and mining activity. The
State had the highest per capita gross
state product of $93,593, 50% higher
than the national average of $62,424.
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48. INVEST IN THE WEST
THE WA ECONOMY
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49. INVEST IN THE WEST
THE WA ECONOMY
While nuclear power is diminishing globally WA’s Gorgon project alone supplies 20% of the
world’s LNG (Liquid Natural Gas)
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50. INVEST IN THE WEST
GOING FORWARD
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51. INVEST IN THE WEST
GOING FORWARD
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52. INVEST IN THE WEST
GOING FORWARD
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53. INVEST IN THE WEST
GOING FORWARD
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54. INVEST IN THE WEST
SUMMARY
• $160 billion (AUD) of capital expenditure in Western Australia
• Strong population growth
• Very low vacancy rates for both residential and commercial markets
• Sales volume increasing
• Various strong commercial drivers for the state
• Diminishing supply of apartment projects
• Undersupply of residential property
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55. PREFERRED BUILDER:
PINDAN

56. PINDAN
George Allingame
• Pindan Managing Director
• 50% Owner
• Past president of Master Builders Association
of Western Australia
• Member of MBA Council
• Chairman of WorkSafe
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57. PINDAN
AN INTEGRATED PROPERTY GROUP
• 400+ employees
• 5 offices statewide
• West Australian owned and operated
• Established 35 years
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58. PINDAN
VOTED BEST IN WA FOR MULTI UNIT DWELLINGS SEVEN
TIMES IN EIGHT YEARS
• 2 national awards for Best
Multi-Unit Dwelling in Australia
• 7 state awards for Best Multi-
Unit Dwelling in WA in 8 years
• 3 state awards for Best Aged
Care Facility in WA in 5 years
• 2 state awards for Best
Commercial Alterations and
Additions in 4 years
• Master Builders Association
Overall Winner
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59. PINDAN
Senior management
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60. PINDAN
CONSTRUCTIONS
One of WA’s largest
privately owned and
operated commercial
construction companies
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61. PINDAN
APARTMENTS
WA’s largest multi-unit
builder and in the top
10 nationally
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62. PINDAN
RESIDENTIAL
Top ten residential
builder in WA
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63. PINDAN
RESIDENTIAL – APARTMENTS
BEAUFORT CENTRAL
Location: Beaufort Street, Perth
Development: 136 residential apartments
10 commercial tenancies
Extensive common facilities
2 swimming pools and 3 spas
gymnasium and residents lounge.
Project Cost: $32,000,000
Project Profit: $4,000,000
Dev. Period: 50 months
Equity: $6,930,000
Equity Return: 16% Equity IRR
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64. PINDAN
RESIDENTIAL – GROUPED DWELLINGS
MORETON BAY COURT
Location: Frederick Street, Perth
Development: 65 survey-strata
combination of villas, loft homes
and townhouses. Communal
facilities including a
pool, gymnasium, spas and BBQ
pavilion
Project Cost:
$6,200,000
Project Profit:
$800,000
Dev. Period:
30 months
Equity:
$1,480,000
Equity Return:
28% Equity IRR
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65. PINDAN
RESIDENTIAL – GROUPED DWELLINGS
ALEXANDER PLACE
Location: Fisher Street, Belmont
Development: 54 medium density homes
comprising 34 townhouses,
11 villas and 9 loft houses, plus
common pool, gymnasium and
recreation facilities.
Project Cost: $5,500,000
Project Profit: $1,400,000
Dev. Period: 36 months
Equity: $1,600,000
Equity Return: 29% Equity IRR
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66. PINDAN
RESIDENTIAL – GROUPED DWELLINGS
SYDENHAM MEWS
Location: Sydenham Street, Belmont
Development: A grouped dwelling development
of 22 townhouses sold as house
and land packages.
Project Cost: $2,980,000
Project Profit: $955,000
Dev. Period: 15 months
Equity: $1,013,000
Equity Return: 59.4% Equity IRR
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67. HOW TO INVEST

68. HOW TO INVEST
INVESTING WITH OTAN IS SIMPLE
AND YOU’RE IN THE FUND – IT’S THAT EASY!
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69. HOW TO INVEST
AVAILABLE TO INVEST 4/2/2013
Minimum investment $25,000 (AUD)
• Otan Nickol Karratha 559 $1,750,000 29% return Grouped dwellings
• Otan South Beach $168,000 10% return Grouped dwellings
• Otan South Beach 461 $500,000 19% return Grouped dwellings
• Otan South Headland $2,000,000 54% return Grouped dwelling
COMING SOON
• Otan Residential (land subdivision) $40.0 Million
• Otan Office Fund $10.0 Million
• • Apartments $30.0 Million
• Infill projects Karratha
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70. THE PROJECTS
South Beach
Total capital
$3.95 million
Balance available
$168,000
Return estimate
10% pa
Timing estimate
17 months
21 townhouses
Average Price $880,000
3 bed, 2 bath
Product disclosure
statement available at
www.otan.com.au
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71. THE PROJECTS
South Beach
461 Housing
Total capital
$3.0 million
Balance available
$500,000
Return estimate
22% pa
Timing estimate
24 months
24 townhouses
Average Price $770,000
3 bed, 2 bath
Product disclosure
statement available at
www.otan.com.au
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72. THE PROJECTS
Otan Nickol
Karratha Group
Dwelling Site 559
$1.75 Million capital
4,814 sq m site
15 homes
29% IRR
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73. THE PROJECTS
Otan South Hedland
Grouped Dwellings
• Otan South Headland
• $2.0 Million capital
• 4,885 sq m site
• 16 homes
• 54% IRR
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74. HOW TO INVEST
NON AUSTRALIAN RESIDENTS can easily invest in
Australian residential developments via the Otan fund
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75. THANK YOU
THANK YOU FOR YOUR TIME
For more information and to download the Product Disclosure Statements please visit the
Otan website at www.otan.com.au
Contact
Mark Butler Scott Staniforth
Managing Director Business Development Manager
154 Abernethy Road Belmont 154 Abernethy Road Belmont
Western Australia 6984 Western Australia 6984
Phone +61 8 9463 7177 Phone +61 8 9463 7227
Mobile +61 400 771 636 Mobile +61 415 453 043
email email scott.staniforth@otan.com.au
mark.butler@otan.com.au
Skype markfbutler
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