Weekly Trading Wrap Up

[Armillary Private Capital]

In trading on Unlisted for the week ending Friday 14 September there were 16
trades (21 last week) totalling 108k shares worth $140k. For the week Rural
Equities gained 2% closing at $3.21, Skyline Enterprises finished up 5 cents at
$6.45, King Country Energy closed up 1% at $4.15, Dorchester Property gained 0.2
cents closing at 38.2 cents, Rangatira B-class finished up 2% at $6.00 and
Silver Fern Farms fell 6% to 80 cents. The aggregate market cap closed up $2m at
$774m. During the week Connexionz announced it has secured its largest ever
contract and MTS Energy commenced quotation on Unlisted.

[Armillary Private Capital]

In trading on Unlisted for the week ending Friday 21 September there were 22
trades (16 last week) totalling 195k shares worth $174k. For the week Connexionz
gained 30% closing at 6.5 cents, Skyline Enterprises finished up 5 cents at
$6.50, Rural Equities gained 2% closing at $3.26 and King Country Energy fell 5
cents to $4.10. The aggregate market cap closed up $3m at $777m. During the week
Skyline posted its 2012 annual report.

[Armillary Private Capital]

In trading on Unlisted for the week ending Friday 28 September there were 18 trades (22 last week) totalling 91k shares worth $127k. For the week St John Balanced Property Fund gained 8% closing at $1.40, Silver Fern Farms was up 5 to 85 cents, Dorchester Property Trust was up 5% to 40 cents, Rural Equities rose 9 cents to $3.35 and King Country Energy fell 10 cents to $4. The aggregate market cap closed up $7m to $784m. During the week St John Balanced Property Fund posted its Annual General Meeting Directors address, and Rangatira announced a NZ$3.5m investment in Konnect Net.

[Armillary Private Capital]

In trading on Unlisted for the week ending Friday 5 October there were 27 trades
(18 last week) totalling 101k shares worth $115k. There were no price movements
for the week and the aggregate market cap remained at $784m. During the week
Terra Vitae Vineyards posted its 2012 annual report.

[Armillary Private Capital]

In trading on Unlisted for the week ending Friday 12 October there were 19
trades (27 last week) totalling 407k shares worth $115k. For the week Terra
Vitae Vineyards gained 4 cents (19%) closing at 25 cents, Rural Equities fell 1
cent (0.3%) to $3.34 and MTS Energy commenced trading at 7 cents. The aggregate
market cap closed up $2m at $786m (the addition of MTS energy contributed $2.7m
to the aggregate market cap). During the week Rural Equities announced the
settlement of its repurchase of 1 million shares from Rotorua Trust Perpetual
Capital Fund Limited and the settlement of the sale of its Ernsdale property in
South Canterbury. Issuer profiles forTerra Vitae Vineyards and Skyline
Enterprises were updated with 2012 results.

[Armillary Private Capital]

In trading on Unlisted for the week ending Friday 19 October there were 30
trades (19 last week) totalling 800k shares worth $317k. For the week King
Country Energy gained 5 cents (1%) closing at $4.05, Skyline Enterprises
increased 10 cents (2%) to $6.60, Pharmazen fell 1.5 cents (33%) to 3 cents,
Rural Equities dropped 8 cents (2%) to $3.26 and Terra Vitae Vineyards closed
down 4 cents (16%) at 21 cents. The aggregate market cap closed down $3m at
$783m. Fronde's Issuer profile was updated with 2012 results.

[Armillary Private Capital]

In trading on Unlisted for the week ending Friday 26 October there were 19
trades (30 last week) totalling 151k shares worth $332k. During the week
Dorchester Property Trust fell 1 cent (2.5%) to 39 cents, Martinborough Vineyard
Estates commenced quotation on Unlisted, St John Balanced Property Fund has
proposed a share buyback subject to shareholder approval at a special meeting
and Silver Fern Farms announced positive signs for its European market. The
aggregate market cap closed unchanged at $783m. Issuer Profiles for Dorchester
Property, Rural Equities and St John Balanced Property Fund were updated with
2012 results.

[Armillary Private Capital]

In trading on Unlisted for the week ending Friday 2 November there were 25 trades (19 last week) totalling 479k shares worth $253k. For the week Pharmazen gained 1.5 cents (50%) closing at 4.5 cents and Rural Equities gained 3 cents. Active Equities announced that its final day of quotation on Unlisted is Friday 9 November 2012, VINZ posted its 2012 Interim Report and MTS Energy increased the number of its shares quoted on Unlisted. The aggregate market cap closed up $6m at $789m ($2.5m being the increase in MTS shares).

[Armillary Private Capital]

In trading on Unlisted for the week ending Friday 9 November there were 20 trades (25 last week) totalling 320k shares worth $243k. For the week Pharmazen gained half a cent (11%) closing at 5 cents, King Country closed up 5 cents (1%) at $4.10, Rural Equities increased 2 cents (1%) to $3.31, Skyline Enterprises gained 5 cents (1%) closing at $6.65, Silver Fern Farms dropped 2 cents (2%) to
83 cents and VINZ fell 10 cents (6%) to $1.45. During the week Connexionz and KCE each announced interim results for the 6 months ended 30 September 2012 and today was Active Equities Investment Trust's units final day of quotation on Unlisted. The aggregate market cap closed up $3m at $792m.

[Armillary Private Capital]

Unlisted Trading to Friday 16 November 2012
In trading on Unlisted for the week ending Friday 16 November there were 16 trades (20 last week) totalling 79k shares worth $119k. For the week Skyline Enterprises gained 25 cents (3.8%) closing at $6.90, Dorchester Property Trust closed up 1.1 cents (2.8%) at 40.1 cents, King Country Energy increased 2 cents (0.5%) to $4.12, Rural Equities gained 1 cent closing at $3.32, and Silver Fern Farms dropped 3 cents (3.6%) to 80 cents. During the week Silver Fern Farms announced its annual result, an operating loss after tax of $31.1m, St Johns Balanced Property Trust announced a non pro-rata offer to acquire shares, and both Fronde Systems Group and Dorchester Property Trust posted their Half Year and Annual reports respectively. The aggregate market cap closed up $7m at $771m.