Dates of despatch of dividend warrants and bonus share certificates.

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Company                     Year Ended/Ending    Dividend/Bonus      Dispatched on
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PICIC Growth Fund              30.06.2011      25.5% Final Dividend     28.10.2011
PICIC Investment Fund          30.06.2011      12.5% Final Dividend     28.10.2011
PICIC Energy Fund              30.06.2011      15% Final Dividend       28.10.2011
JS Growth Fund                 30.06.2011      10% Dividend             20.10.2011
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