W.A. Blue Gum Project

The Project offers a timber plantation investment growing Tasmanian Blue Gum which is the major hardwood species grown in Australia for pulp log production. Growers can contribute a minimum initial investment of $31,350 on a GST inclusive basis for 6 hectares, which should be fully tax deductible in the 2008 financial year.

The Project has a current Product Disclosure Statement and a 4 ¹/₄ star rating from Adviser Edge.

Two of the directors of the scheme have over 25 years experience in timber plantations and all three are partners in a legal firm. Currently thousands of hectares of eucalyptus plantations are managed by W.A. Blue Gum Limited.

W.A. Blue Gum Limited has entered into arrangements with specialist firms for the management, monitoring, harvest and sale of the timber. In addition the participation of leading international forestry consultancy, URS Forestry will enhance the Growers' position.

This focus on quality of land selection, ongoing care and the original seedlings under this Product Disclosure Statement suggests a high anticipated yield of wood (in the vicinity of 20% more wood (in dry weight terms) than trees grown from the average native forest seed).

The trees will be harvested after approximately 10 years and the grower is also offered an option for a second 10 year investment.

The Project Manager seeks to raise approximately $2,500,000, or more if land of the requisite quality is able to be obtained. If required Growers can access two separate finance packages and the scheme has a feature that allows individuals and their superannuation fund to make a joint application.

W.A. Blue Gum Limited is an unlisted public company which was incorporated on 19 May 1993. The Company is the Responsible Entity of a managed investment scheme, W.A. Blue Gum Project ARSN 092 289 266. The project involves the establishment and cultivation of Eucalyptus Globulus (Tasmanian Blue Gum) plantations in the south west of Western Australia.

W.A. Blue Gum Limited was granted an Australian Financial Services Licence on 22 December 2003 (AFS Licence Number: 246264. The AFS licence was varied on 5 August 2004 to authorise W.A. Blue Gum to provide general financial product advice for interests in the Project to wholesale and retail clients.  It was again varied on 6 February 2008 to include the most recent legislative changes.