31.2.3 Securities Receive Free Instruction

ABC-70562, 07-Jan-1998,

ABC Banking Group Ltd., New York, USA.

# 882, Meikel Towers,

9th Avenue, Park Street,

Melbourne,

Australia.

Sub: Our Instruction to Receive Securities Free of Payment.

Kind Attention: Mr. Gerry Smith,

Custodial Officer,

Securities Department.

Dear Sir/Madam,

Please arrange to receive the securities free of payment as per our instructions shown below:

Table 31-6 Header

Header	Details
Our Reference	000SSPT980070021
Securities Identification	ISIN AUDBONDWAG02
-	Western Australia Gold Mining Bonds
Trade Date	02-JAN-1998
Place of Trade	Sydney Stock Exchange
Delivery Date	12-JAN-1998
Next Coupon Due Date	31-JAN-1998
Securities Book Value	**1,500,000.00 AUD
Quantity of Securities	**1,500,000 Face Amount
Safekeeping Account (to be Deposited)	USSB7434 540
Securities Certificate Numbers	AE 10001 to AE 10015 – 15 x 100,000 AUD worth Bond Certificates
Deliverer of Securities	Elders Finance Group, Sydney
Securities Deliverer’s Reference	RYZ843
Beneficiary of Securities	Fidelity Trust Limited, New York
Securities Registration Details	Securities received have to be registered in the name of the Fidelity Trust Limited, New York.
Securities Receipt Declaration Details	Certificate Numbers of Bonds delivered should match with the numbers as shown above and the Certificates should be in a good condition.

Other Information:

Please confirm the receipt and registration of above securities to us by mail, at the earliest and revert to us if the Securities are not received in 2 weeks time, after the scheduled delivery date.

Please intimate us about your transaction charges if any, for the above instruction. Please always quote Our Reference in all further correspondence regarding the above instruction.

Thanking you,

For Salmon Brothers Inc.,

New York, USA.