Investor Letter Disclaimer


This investor letter has been prepared by Property Blue Pty Ltd ACN 634 686 712 (PB). The purpose of this investor letter is to provide the recipient of this investor letter (Recipient) with general information concerning the Ripley View Development Fund (the Fund) to assist the Recipient to make its own assessment of a possible investment in the Fund and decide whether to proceed with further investigations. It is supplied to the Recipient on the understanding that it is not to be used for any other purpose.

This investor letter contains statements, opinions, projections, forecasts and other material (forward looking statements), based on various assumptions. Those assumptions may or may not prove to be correct. None of PB or its respective officers, employees, agents, advisers or any other person named in the investor letter makes any representation as to the accuracy or likelihood of fulfilment of the forward looking statements or any of the assumptions upon which they are based. Past performance is no indication of future performance.

Blue Capital (WA) Pty Ltd ACN 635 668 192 (BC) is the trustee of The Ripley View Development Fund (Fund). The information contained in this Presentation was not prepared by BC but was prepared by other parties. While BC has no reason to believe that the information is inaccurate, the truth or accuracy of the information contained in the Presentation cannot be warranted or guaranteed. Anyone viewing the Presentation must obtain and rely upon their own independent advice and inquiries. Investors should consider the Information Memorandum (IM) dated 1 November 2019 issued by PB before making any decision regarding the Fund. The IM contains important information about investing in the Fund and it is important investors obtain and read a copy of the IM before making a decision about whether to acquire, continue to hold or dispose of units in the Fund.


This investor letter does not constitute an invitation, recommendation or offer by PB, its shareholders or any of their respective agents, affiliates, related bodies corporate, officers, directors and employees for the investment in the Fund. This investor letter does not advertise any such information or offer. This investor letter is not a prospectus, product disclosure statement or other disclosure document (as each of those terms are defined in the Corporations Act 2001 (Cth)) and does not contain all of the information that would be contained in a prospectus or other disclosure document prepared under the Corporations Act 2001 (Cth). Recipients considering in investing in the Fund must obtain and read through the PB Fund Information


No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the statements, estimates, opinions, conclusions and other information contained in this investor letter. PB does not have any responsibility to update or correct any information contained in this document. To the maximum extent permitted by law, PB and its affiliates and related bodies corporate, and their respective officers, directors, employees, agents and advisors (relevant party), accept no responsibility for any information provided in this investor letter, including any forward looking information, and disclaim any liability whatsoever (including, without limitation, any liability arising from fault or negligence) for any direct or indirect loss or damage howsoever arising from any use of this investor letter or anything contained in or omitted from this investor letter or otherwise arising in connection therewith. Delivery of this investor letter does not imply and should not be relied upon as a representation or warranty that there has been.


Past performance is not a reliable indicator of future performance.


This investor letter is for limited circulation and is provided to selected Recipients on a strictly private and confidential basis. No part of this investor letter may be circulated, reproduced or provided to any third party, and the matters referred to in it must not be disclosed to third parties, in whole or in part. The relevant parties accept no liability for any loss or damage of any kind arising out of the use or unauthorized reproduction, distribution or transmission of any part of this investor letter.


No person other than PB is authorized to give any information or make any representation in connection with PB not contained in this investor letter. Any information or representation not so contained may not be relied upon as being authorised by PB.


Each Recipient of this investor letter or any entity or person receiving this document represents, warrants and confirms that it accepts the qualifications, limitations and disclaimers set out in this Disclaimer.

A copy of the IM may be obtained from