DSHGARME Corporate Disclosure — 29 December 2016

The auditor of the company has given the following 'Basis for Audit Opinion' paragraph in the audit report of the company prepared for the year ended on 30 June 2016. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. We report that: Basis for Audit Opinion: 1. No depreciation has been charged on the revalued amount of the property, plant and equipment as per consistent practice since the date of recognizing revalued assets (cont.)