For your information and assistance, the following notices, statements and reports are attached:

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1 5 June 2012 TO CREDITORS Dear Sir/Madam S&N Civil Constructions Pty Ltd (Administrators Appointed) (S&N Civil / the Company) ACN We refer to the appointment of Martin Jones and Darren Weaver as Joint and Several Administrators of the Company pursuant to section 436A of the Corporations Act 2001 (the Act) on 11 April As previously advised, an application was made by the Administrators, and orders subsequently granted by the Supreme Court of Western Australia on 8 May 2012, to extend the convening period from 17 May 2012 to 17 July 2012, with the ability to hold the second creditors meeting earlier, if desired. We now advise that the second meeting of the creditors of S&N Civil convened pursuant to Section 439A of the Act and will be held on 13 June 2012 at the Hotel Ibis, 334 Murray Street, Perth, Western Australia at 9.00am (AWST) for creditors to determine the future of the Company. We further note that a summary of the outcome of the second meeting of creditors will be made available on the Ferrier Hodgson website ( by 5.00pm (AWST) on the day of the meeting. We also note that should any creditor or stakeholder wish to obtain a copy of the minutes of these meetings, these will be available ten (10) business days after the date of the meeting from the Australian Securities and Investments Commission. For your information and assistance, the following notices, statements and reports are attached: (a) Notice of Meeting Please note that the second meeting of creditors for the Company will be held on 13 June 2012 at the Hotel Ibis, 334 Murray Street, Perth, Western Australia at 9.00am (AWST). Please note that you should arrive for registration at least 20 minutes prior to the meeting.

2 (b) Informal Proof of Debt or Claim Form for Creditors / Employees A person is not entitled to vote at the meeting unless they provide particulars of the debt or claim to the Administrators before the meeting. Please note this form is for voting purposes only. All creditors must furnish full details of their claims, indicating whether they rank as secured, preferential or unsecured, and whether they claim title to any goods supplied to S&N Civil or any lien over goods in their possession which are property of S&N Civil. If you have submitted a proof of debt already, or for the purposes of the first meeting of creditors, you do not need to submit another unless the quantum of the debt claimed has changed. Employee creditors should complete the attached Claim of Employee form to the best of their abilities and return it to our office. (c) Appointment of Proxy form. This form enables you to appoint a person to act on your behalf at the meeting. Proxy forms submitted for the first meeting of creditors are not valid for this meeting. We note that to be entitled to vote, corporate creditors must complete and submit a new Proxy form for the purposes of this meeting. To ensure your debt is registered with the Administrators and your vote is able to be counted at the meeting, you are required to lodge all forms with the Administrators by no later than 4.00pm AWST on 12 June All forms and supporting documentation can be lodged with the Administrators via one of the following means: By mail: By Ferrier Hodgson GPO Box 2537 PERTH WA 6001 sncivil@fh.com.au By facsimile: Please also note that Corporations Regulation A requires lodgement of the original of the Proxy with the Administrators office within 72 hours of lodging the electronic copy.

3 (d) Administrator's report pursuant to Section 439A(4) of the Act The report details a summary on the Company s business, property, affairs and financial circumstances. It also contains a statement setting out our opinion about each of the following matters and our reasons for those opinions: (a) (b) (c) (d) Whether it would be in the creditors interest for S&N Civil to enter a DOCA. Whether it would be in the creditors' interests for S&N Civil to be wound up. Whether it would be in the creditors' interests for the administration to end. Such other information as will enable creditors to make an informed decision. Creditors also have the opportunity to adjourn the meeting for a period of up to fortyfive (45) business days. (e) Remuneration report The Administrators report includes detailed schedules explaining their remuneration claim setting out: (a) (b) Details of time spent by category of staff at the rates applicable for such staff; and A summary of the work undertaken, and work expected to be undertaken up to the cessation or completion of the administration by the Administrators and their staff in the administration. Should creditors resolve that the Company be wound up, the Liquidators intend that their remuneration be fixed on the basis of time spent by them and their staff of an appropriate level having regard to the nature and complexity of the work and calculated by reference to the hourly rates set out in the attached remuneration report. Further Information For further information concerning the Voluntary Administration process and Ferrier Hodgson, you may wish to visit our website at You may also wish to consider the IPAA s website which contains the IPA s Statements of Best Practice, applicable to IPA members and/or the website for information sheets. Should you have any questions in relation to this matter, please do not hesitate to contact us on (08) or at sncivil@fh.com.au. Yours faithfully S&N Civil Constructions Pty Ltd Martin Jones Joint and Several Administrator Encl.

4 FORM 529 CORPORATIONS ACT 2001 Regulation (2) S&N CIVIL CONSTRUCTIONS PTY LTD (ADMINISTRATORS APPOINTED) (THE COMPANY) ACN NOTICE OF MEETING OF CREDITORS Notice is given that a meeting of the creditors of the Company will be held at Hotel Ibis, 334 Murray Street, Perth, Western Australia on 13 June 2012 at 9:00am (AWST). AGENDA 1. To consider a statement by the director about the Company s business, property, affairs and financial circumstances. 2. To consider the circumstances leading up to the administration and the various options available to creditors. 3. To determine the remuneration of the Voluntary Administrators. 4. For creditors to resolve upon one of the following: That the Company execute a Deed of Company Arrangement; or That the administration should end; or That the Company be wound up. 5. If a Deed of Company Arrangement is resolved upon, to determine the remuneration of the Deed Administrators. 6. If the Company is wound up, to consider the appointment of a Committee of Inspection. 7. If the Company is wound up and no Committee is appointed, to fix the remuneration of the Liquidators. 8. Any other business that may be lawfully brought forward. Proxies to be used at the meeting should be lodged at the office of the Administrators by 4.00pm on the day prior to the meeting. A corporation may only be represented by proxy or by an attorney appointed pursuant to Corporations Regulations and respectively or, by a representative appointed under Section 250D of the Corporations Act In accordance with Regulation (1) of the Corporations Regulations, creditors will not be entitled to vote at the meeting unless they have previously lodged particulars of their claims against the company with the Administrators. DATED this 5th day of June 2012 Martin Jones Joint and Several Administrator

5 INFORMAL PROOF OF DEBT FORM FOR CREDITORS S&N CIVIL CONSTRUCTIONS PTY LTD (Administrators Appointed) (the Company) ACN Regulation Name of creditor:... Address of creditor: ABN:... Telephone number:... Amount of debt claimed: $... (including GST $... ) Consideration for debt (i.e. the nature of goods or services supplied and the period during which they were supplied): Is the debt secured? YES/NO If secured, give details of security including dates, etc: Other information:... Signature of Creditor (or person authorised by creditor) Notes: Under the Corporations Regulations, a creditor is not entitled to vote at a meeting unless (Regulation ): a. his or her claim has been admitted, wholly or in part, by the Joint and Several Administrators; or b. he or she has lodged with the Joint and Several Administrators particulars of the debt or claim, or if required, a formal proof of debt. At meetings held under Section 436E and 439A, a secured creditor may vote for the whole of his or her debt without regard to the value of the security. Proxies must be made available to the Joint and Several Administrators.

6 S&N Civil Constructions Pty Ltd (Administrators Appointed) (S&N Civil) ACN CLAIM OF EMPLOYEE Name Address: Street Number and Name: Suburb: State: Postcode: Contact number: Position: Wages/Salary: $ per week/fortnight Period of Employment: From / / to / / Details of Claim: Wages and salaries for the period from / / to / / $ Unused annual leave: Long service leave: PIP: Superannuation: Sick Leave: Retrenchment: Pay in Lieu of Notice: Other (provide details): Total $ Please complete to the best of your knowledge and return to Ferrier Hodgson using any of the following methods: Mail: Ferrier Hodgson GPO Box 2537 Perth WA 6001 Facsmile: (08) Attention Thomas Guthrie sncivil@fh.com.au

7 Form 532 S&N CIVIL CONSTRUCTIONS PTY LTD (Administrators Appointed) (the Company) ACN Regulation APPOINTMENT OF PROXY CREDITORS MEETING *I/*We (1)... (creditor) of.... (address) a creditor of the Company indicated above, appoint (2). (name) or in his absence. (name) as *my/our *(i) general OR *(ii) special proxy to vote at the meeting of creditors to be held on Wednesday, 13 June 2012 or at any adjournment of that meeting: SPECIAL PROXIES ONLY For Against Abstain (a) THAT the company be wound up. (b) THAT the administration end. (c) THAT the company execute a Deed of Company Arrangement. (d) THAT the second meeting of creditors be adjourned for a period not to exceed forty-five (45) business days. (e) THAT the Administrators remuneration for the period from 26 May 2012 to the 13 June 2012 as set out in the Administrators Report dated 5 June 2012 be fixed and paid to a maximum amount of $250,000, plus any applicable GST. (f) (g) (h) If the Company executes a DOCA: THAT the remuneration of the Administrators for the period 14 June 2012 to the date of the execution of the DOCA be approved up to the sum of $100,000 plus any applicable GST as set out in the Administrators remuneration report dated 5 June 2012, and the Administrators be authorised to draw such remuneration in arrears. If the Company executes a DOCA: THAT the remuneration of the Deed Administrators as set out in the Administrators remuneration report dated 5 June 2012 be approved up to the sum of $500,000 plus any applicable GST, but subject to upward revision by resolution of creditors, and that the Deed Administrators be authorised to draw such remuneration in arrears. If the Company is placed into liquidation: THAT the remuneration of the Liquidators, as set out in the Administrators remuneration report dated 5 June 2012 for the period 13 June 2012 to the conclusion of the liquidation be approved up to the sum of $800,000 plus any applicable GST but subject to upward revision by resolution of creditors, and that the Liquidators be authorised to draw such remuneration in arrears. (i) THAT a Committee of Inspection be appointed. * Strike out if inapplicable (1) If a firm, strike out "I" and set out the full name of the firm. (2) Insert the name, address and description of the person appointed. (3) The signature of the creditor is not to be attested by the person nominated as proxy. (4) Note that a corporation may by resolution of its directors provide standing authority for a person to represent it at members meeting and appoint proxies (Section 249(3)& (5)). Copy of authority to be annexed. (5) The method of affixing the Common Seal should be prescribed by the creditor corporation's articles

8 DATED this day of OR The Common Seal (5) of Signature (3) of individual or person (4) authorised by corporate resolution to was hereunto affixed in the represent the corporation presence of:... Director... Secretary CERTIFICATE OF WITNESS (This certificate is to be completed only where the person giving it is blind) I,.. of. certify that the above instrument appointing a proxy was completed by me in the presence of and at the request of the person appointing the proxy and read to him or her before he or she signed or marked the instrument. DATED this day of Signature of Witness Description Place of Residence * Strike out if inapplicable (1) If a firm, strike out "I" and set out the full name of the firm. (2) Insert the name, address and description of the person appointed. (3) The signature of the creditor is not to be attested by the person nominated as proxy. (4) Note that a corporation may by resolution of its directors provide standing authority for a person to represent it at members meeting and appoint proxies (Section 249(3)& (5)). Copy of authority to be annexed. (5) The method of affixing the Common Seal should be prescribed by the creditor corporation's articles