Orion Equities Limited · ASX:OEQ

Orion Equities — Central Exchange — Shareholder Meeting (November 2005)

7 slides from Orion Equities's shareholder meeting presentation, Nov 29, 2005

  1. Slide 1: Central Exchange Limited AGM 2005

    CENTRAL EXCHANGE LIMITED AGM 2005 29TH November 2005 Level 14, The Forrest Centre, 221 St Georges Terrace, Perth WA. 29/11/2005 1

  2. Slide 2: Central Exchange Limited

    Central Exchange Limited • Listed Investment Company • 2005 After Tax profit $985,889 • $21 million Net Tangible Assets (pre-tax, 31 October 2005) • 1.5 c dividend paid 7 October 2005 • Proposed change of name to: Orion Equities Limited 29/11/2005 2

  3. Slide 3: Net Profit after tax 2005

    Net Profit after tax 2005 $ Gains and dividends from Strategic Investments $248,632 Gains and dividends from Non Strategic Investments $1,491,273 Options income $111,965 Interest income $512,069 Total Revenues $2,363,939 Total Expenses ($1,047,128) Net Profit before Tax $1,316,811 Tax expense ($330,

  4. Slide 4: Assets / Share Price performance

    Net Tangible Assets/ Share Price performance CXL NTA and Share Price Performance 2004/2005 130 120 110 100 90 80 Cents/share 70 60 50 40 30 20 10 0 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Oct-05 NTA VWAP 29/11/2005 4

  5. Slide 5: Net Tangible Asset breakdown 31 October 2005

    Net Tangible Asset breakdown 31 October 2005 $m % NTA Strategic Investments $8.1 39% Non Strategic Investments $8.1 39% Property $3.8 18% Cash and non-cash assets $1.0 5% Net Tangible Assets (before tax) $21.0 29/11/2005 5

  6. Slide 6: Net Tangible Asset breakdown 31 October

    Net Tangible Asset breakdown 31 October 2005 $25.0 $20.0 $15.0 $M $10.0 $5.0 $0.0 Strategic + Non Strategic + Property + Net cash/other = Net Tangible Investments Investments assets Assets (before tax) 29/11/2005 6

  7. Slide 7: Top 25 holdings 31 October 2005

    Top 25 holdings 31 October 2005 Carrying % of ASX Code Equities Value $M NTA BEL BENTLEY INTERNATIONAL LIMITED $3.55 16.9% SCB SCARBOROUGH EQUITIES LIMITED $4.60 21.9% TIF TECHNOLOGY INVESTMENT FUND $2.64 12.6% OEX OILEX NL $1.20 5.7% AHE AUTOMOTIVE HOLDINGS GROUP LIMITED $0.50 2.4% TLS TELSTRA CORP

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