Distributions

September 2008 quarterly distributions

If the Fund in which you hold an investment has paid a distribution this quarter (September 2008), you may expect to receive the distribution amount either paid to your bank account or re-invested into the Fund between the weeks commencing 6th October 2008 and 20th October 2008

Quarterly investment statements are expected to be available from the week commencing 13th October 2008. Please note that some investment statements for Funds which have investments with external managers will be mailed from the week commencing 27th October 2008.

If you have any questions regarding the distributions, please call BT Customer Relations on 1800 813 886.

Change of distribution frequency for Wholesale and Institutional funds

Effective March 2008 quarter end, the funds below will be distributing on a quarterly basis instead of a semi-annual basis. This follows ASIC’s guide to good practice.

• BT Institutional Enhanced Aust share Fund
• BT Institutional Ethical Sector Trust
• BT Wholesale Ethical Share Fund
• BT Wholesale Ethical Conservative Fund

How will this impact you?
You may receive a distribution amount every quarter instead of every six months. Your distribution amount would be paid into your nominated bank account or re-invested as per the instructions we have on records for your investment.

Should you have any questions regarding this change in distribution frequency or your Investment in general, please contact BT Customer Relations on 1800 813 886 between 8.00am and 5.30pm (Sydney time), Monday to Friday.