Share Sale Agreement- Indonesian Hospitals




	 CLAYTON UTZ 
	 Exhibit 13 


  
 Share Sale Agreement - Indonesian Hospitals 
  
 Mayne Group Limited ABN 56 004 073 410 
 Seller 
  
 Australian Newco Holdings Pty Limited ACN 106 722 347

 Buyer 
  
 If you have any questions about the details of this document 
 please contact Rod Halstead on + 61 2 9353 4000 
  
 Clayton Utz Lawyers 
 Levels 22-35 No. 1 O’Connell Street Sydney NSW 2000 Australia 
 PO Box H3 Australia Square Sydney NSW 1215

 T + 61 2 9353 4000 F + 61 2 8220 6700 
  
 www.claytonutz.com 
  
 Our reference Rod Halstead/Jonathan Algar/21724491 
  
 Liability limited by the Solicitors Scheme, approved under the Professional Standards Act 1994 (NSW) and by our Terms of Engagement








 Table of Contents 
  

	 1.
	  	Definitions and Interpretation	  	5
				
	 	  	1.1	  	Definitions	  	5
	 	  	1.2	  	Interpretation	  	14
	 	  	1.3	  	Governing law	  	15
	 	  	1.4	  	Buyer Group	  	15
			
	 2.
	  	Completion Condition	  	16
				
	 	  	2.1	  	Condition	  	16
	 	  	2.2	  	Best endeavours	  	17
	 	  	2.3	  	Indemnity under Financings	  	18
	 	  	2.4	  	Notification	  	18
	 	  	2.5	  	Non-satisfaction of Conditions	  	18
	 	  	2.6	  	Termination	  	18
	 	  	2.7	  	Waiver of Conditions	  	18
	 	  	2.8	  	ANZ Facility Agreement	  	18
			
	 3.
	  	Sale of Sale Shares	  	19
			
	 4.
	  	Purchase Price and payments	  	19
				
	 	  	4.1	  	Purchase Price	  	19
	 	  	4.2	  	Use of available cash	  	19
	 	  	4.3	  	Apportionment of Pre-Adjustment Purchase Price	  	19
	 	  	4.4	  	Apportionment of Completion Amount	  	20
			
	 5.
	  	Completion	  	20
				
	 	  	5.1	  	Completion place and date	  	20
	 	  	5.2	  	Seller’s obligations on Completion	  	20
	 	  	5.3	  	Buyer’s obligations on Completion	  	21
	 	  	5.4	  	Title	  	22
	 	  	5.5	  	Interdependence	  	22
	 	  	5.6	  	Notice to complete	  	22
	 	  	5.7	  	Conduct until Sale Shares are registered	  	22
	 	  	5.8	  	Storage of Disclosure Material	  	23
	 	  	5.9	  	Reporting the transfer of Sale Shares	  	23
	 	  	5.10	  	CGT Liability	  	23
	 	  	5.11	  	Missing documents	  	23
			
	 6.
	  	Completion Statement	  	24
				
	 	  	6.1	  	Preparation of draft Completion Statement	  	24
	 	  	6.2	  	Audit Review of Completion Statements	  	24
	 	  	6.3	  	Determination of the Completion Amount	  	25
	 	  	6.4	  	Disputes	  	25
	 	  	6.5	  	Limitation on disputes	  	26
	 	  	6.6	  	Final payment	  	26
			
	 7.
	  	Release of Seller’s Guarantees	  	26
				
	 	  	7.1	  	Release	  	26
	 	  	7.2	  	Indemnity	  	27
			
	 8.
	  	Employees	  	27
				
	 	  	8.1	  	Provision of employment	  	27
	 	  	8.2	  	Payments to Employees	  	27
	 	  	8.3	  	Recognition of prior service	  	28

  

 i 









	 	  	8.4	  	Indemnity for Employees	  	28
	 	  	8.5	  	Employee Lists	  	29
			
	 9.
	  	Superannuation	  	29
			
	 10.
	  	Seller’s obligations	  	30
				
	 	  	10.1	  	Conduct of Hospital Business	  	30
	 	  	10.2	  	Integration Meetings	  	30
	 	  	10.3	  	Restricted actions	  	30
			
	 11.
	  	Buyer’s obligations	  	31
				
	 	  	11.1	  	Supply of references	  	31
	 	  	11.2	  	Access	  	31
			
	 12.
	  	Warranties and indemnities	  	32
				
	 	  	12.1	  	Seller’s Warranties and acknowledgment	  	32
	 	  	12.2	  	Exceptions for disclosures and public records	  	32
	 	  	12.3	  	Breach of Warranties	  	32
	 	  	12.4	  	Acknowledgments	  	32
	 	  	12.5	  	Buyer’s warranties	  	33
			
	 13.
	  	Limitation of liability	  	33
				
	 	  	13.1	  	No reliance on and no liability for matters outside this Agreement	  	33
	 	  	13.2	  	Limitations of liability	  	34
	 	  	13.3	  	Maximum liability for claims	  	36
	 	  	13.4	  	Reimbursement for amounts recovered	  	36
	 	  	13.5	  	Third party claims	  	36
	 	  	13.6	  	Adjustment to Purchase Price	  	37
	 	  	13.7	  	Directors and Employees of the Group	  	37
	 	  	13.8	  	Insurance	  	37
	 	  	13.9	  	Seller to indemnify in respect of Contamination or Pollution	  	37
			
	 14.
	  	Tax	  	38
				
	 	  	14.1	  	Tax Indemnity	  	38
	 	  	14.2	  	Rights of the Buyer Group Members and Enforcement of the Tax Indemnity	  	38
	 	  	14.3	  	Restrictions on claims under the Tax Indemnity	  	38
	 	  	14.4	  	Timing of payments	  	39
	 	  	14.5	  	Late Payments	  	39
	 	  	14.6	  	Notice of Potential Tax Claims and Tax Claims Procedure	  	39
	 	  	14.7	  	Refunds	  	41
	 	  	14.8	  	Interest received from a Revenue Authority	  	42
	 	  	14.9	  	Expert determination	  	42
	 	  	14.10	  	Tax Returns	  	42
	 	  	14.11	  	Limits	  	42
			
	 15.
	  	GST	  	43
				
	 	  	15.1	  	Interpretation	  	43
	 	  	15.2	  	Reimbursements and similar payments	  	43
	 	  	15.3	  	GST payable	  	43
	 	  	15.4	  	Variation	  	43
	 	  	15.5	  	No merger	  	43
			
	 16.
	  	General	  	44
				
	 	  	16.1	  	Further acts	  	44

  
  

 ii 









	 	  	16.2	  	Notices	  	44
	 	  	16.3	  	Expenses	  	45
	 	  	16.4	  	Stamp duties	  	45
	 	  	16.5	  	Jurisdiction	  	45
	 	  	16.6	  	Amendments	  	45
	 	  	16.7	  	Assignment	  	45
	 	  	16.8	  	Waiver	  	46
	 	  	16.9	  	Consents	  	46
	 	  	16.10	  	Counterparts	  	46
	 	  	16.11	  	Indemnities	  	46
	 	  	16.12	  	Entire agreement	  	47
	 	  	16.13	  	Confidentiality and public announcements	  	47
	 	  	16.14	  	Privacy	  	48
	 	  	16.15	  	Survival of certain provisions; no merger	  	48
			
	 17.
	  	Restrictive covenant	  	49
				
	 	  	17.1	  	Covenants	  	49
	 	  	17.2	  	Duration of covenants	  	49
	 	  	17.3	  	Geographic application of covenants	  	49
	 	  	17.4	  	Interpretation	  	49
	 	  	17.5	  	Exceptions	  	49
	 	  	17.6	  	Acknowledgments	  	50
		
	 Schedule 1 Hospital Companies and Subsidiaries
	  	53
		
	 Schedule 2 Sale Shares
	  	54
		
	 Schedule 3 Seller’s Guarantees
	  	55
		
	 Schedule 4 Intellectual Property
	  	56
		
	 Schedule 5 Particulars of Properties
	  	57
		
	 Schedule 6 Seller’s Warranties
	  	61
		
	 Schedule 7 Buyer’s Warranties
	  	69
		
	 Schedule 8 Not Used
	  	70
		
	 Schedule 10 Expatriate Employees
	  	72
		
	 Schedule 11 Last Accounts
	  	73
		
	 Schedule 12 Last Accounts Adjusted Net Assets Statement
	  	74
		
	 Schedule 13 Form of Completion Accounts
	  	75
		
	 Schedule 14 Form of Completion Adjusted Net Assets Statement
	  	76
		
	 Schedule 15 Form of Balancing Statement
	  	77
		
	 Schedule 16 Litigation
	  	78
		
	 Schedule 17 Insurance
	  	79
		
	 Schedule 18 Variations to the principles used in preparing the Last Accounts
	  	91

  

 iii 









		
	 Annexure A Data Room Index
	  	92
		
	 Annexure B Disclosure Letter
	  	93

  
  

 iv 








 Agreement dated 21 OCTOBER 2003 
  

	 Parties
	  	 Mayne Group Limited ACN 004 073 410 of Level 21, 390 St Kilda Road,
 Melbourne, Victoria 3004, Australia (the “Seller”)

		
	 	  	 Australian Newco Holdings Pty Limited ACN 106 722 347 of C/- Minter Ellison,
 88 Phillip Street, Sydney, NSW 2000 (“Buyer”)


  
 Recitals 
  

	A.	The Seller is the direct or indirect holding company of those companies listed in Schedule 1 (the “Hospital Companies”). 

  

	B.	The Seller is the registered holder and lawful owner of the number of shares in the issued share capital of the Hospital Companies as set out against its name in Schedule
2 (“Sale Shares”). 

  

	C.	The Seller has agreed to sell and the Buyer has agreed to buy the Sale Shares upon the terms and conditions of this Agreement. 

  

	D.	On or about the date of this Agreement, the parties have entered into the Umbrella Deed, which includes provisions in relation to the transitional use of the Trade Marks - Excluded
in Indonesia. 

  
 The parties agree 
  

	1.	Definitions and interpretation 

  

	1.1	Definitions 

  
 In this document: 
  
 “Adjusted Net Assets as at Completion” means the net assets of the Group as at the Completion Date determined in accordance
with clause 6, and as set out in the Completion Adjusted Net Assets Statement. 
  
 “Adjusted Net Assets as at the Last Accounts Balance Date” means the net assets of the Group as set out in the Last Accounts Adjusted Net Assets Statement. 
  
 “Adjustment Items” means the adjustments to the net assets
described in the Last Accounts Adjusted Net Assets Statement and the Completion Adjusted Net Assets Statement in Schedules 12 and 14. 
  
 “Agreement” means this document including its Schedules and Annexures. 
  
 ANZ Facility Agreement” means the facility agreement dated 15 November 2001 between PTHCS of Surabaya and the
Financier. 
  
 “Approvals” means all
authorisations, consents, recommendations, approvals and permissions required under the laws or governmental policy of the Republic of Indonesia for or in respect of this Agreement including for performance of any obligation or exercise of any right
by a Party. 
  
 “Articles of Association” means
as the case requires the Articles of Association of the Hospital Companies in the form in which they are in at the date of this Agreement. 







 “Assignment of Distributions Agreement” means the assignment of distributions agreement
dated 5 October 2001 between Ekabinanusa, the Seller and Putramas. 
  
 “Assume” in relation to the Buyer means the Buyer must assume, pay, carry out, perform, observe, complete and comply with each and every obligation and Liability as if each and every one of those obligations and Liabilities
were (to the extent not already performed) the obligation and Liability of the Buyer. 
  
 “Balancing Statement” means the statement of the Completion Amount, which is prepared in accordance with clause 6 in the form set out in Schedule 15. 
  
 “Business Day” means a day, not being a Saturday, Sunday or
public holiday, on which banks are generally open for business in the State, New South Wales and Indonesia. 
  
 “Buyer Group” means the Buyer and each of its Related Bodies Corporate and, on and from Completion, includes the Group and where the
context requires or allows, “Buyer Group Member” means any one or more of them. 
  
 “Buyer’s Fund” has the meaning given in clause 9(a). 
  
 “CGT Liability” means any Liability under the Tax Act (including Article 26 (Income Withholding Tax)
arising as a result of the Seller’s receipt of the Purchase Price (including any other amount which is deemed for the purposes of the Tax Act to be included in the consideration given by the Buyer for the Sale Shares). For the purposes of this
definition “Tax Act” only includes a “Tax Act” which is part of the law of Indonesia. 
  
 “Claims or Actions” means any claims, demands or causes of action (whether based in contract, tort or statute, or otherwise arising):

  

	 	(a)	in respect of this Agreement, or any part of it; 

  

	 	(b)	relating to any transaction or matter contemplated by this Agreement; or 

  

	 	(c)	relating to any aspect of the affairs of any Group Member or Seller Group Member. 

  
 “Completion” means completion of this Agreement and the sale and purchase of the Sale Shares in accordance
with the terms of this Agreement. 
  
 “Completion
Accounts” means the aggregated accounts as at the Completion Date in relation to the Group prepared in accordance with the Completion Accounting Principles in the form set out in Schedule 13. 
  
 “Completion Accounting Principles” means the accounting
principles to be used for the purpose of preparing the Completion Statements, being, unless the Seller and the Buyer otherwise agree in writing: 
  

	 	(a)	the principles set out in the Seller’s accounting principles; 

  

	 	(b)	to the extent not inconsistent with paragraph (a), the accounting principles, standards and practices generally accepted in Indonesia and Australia (as necessary) at the date of
preparation of the Completion Statement; and 

  

	 	(c)	other relevant accounting standards, mandatory professional requirements and generally accepted accounting principles applied from time to time in Indonesia and Australia (as
necessary) for a business similar to the Hospital Business, unless inconsistent with the standards or requirements referred to in paragraph (a) or (b), 

  
 applied on a consistent basis with the Last Accounts varied in accordance with the principles in Schedule 18. 







 “Completion Adjusted Net Assets Statement” means the Completion Accounts
adjusted for the Adjustment Items in the form set out in Schedule 14. 
  
 “Completion Amount” means the Adjusted Net Assets as at Completion minus the Adjusted Net Assets as at the Last Accounts Balance Date, which may be a positive or negative amount. 
  
 “Completion Audit Report” has the meaning given in clause
6.2(a). 
  
 “Completion Conditions” means the
conditions described in clause 2.1. 
  
 “Completion
Date” means the date set out in clause 5.1. 
  
 “Completion Statements” means the Completion Accounts, the Completion Adjusted Net Assets Statement and the Balancing Statement. 
  
 “Confidentiality Deed” means the Confidentiality Deeds between MGL and each of Ironbridge Capital Pty Ltd (21 July 2003), BOS
International (Australia) Limited, Credit Suisse First Boston and CVC Asia Pacific Limited relating to the transaction contemplated by this Agreement and the related sale process. 
  
 “Consequential Loss” means any loss or damage which is indirect or consequential; or which results from
some special circumstance or supervening event; or which is by way of loss of revenue, loss of profits, loss of goodwill or credit, loss of business reputation future reputation or publicity, loss of use, loss of interest, damage to credit rating,
loss or denial of opportunity, or increased overhead costs; or which relates to expenses incurred as a consequence of the direct loss or outgoings rendered futile as a consequence of the direct loss; or which is not an immediate result of the act,
omission or event which gives rise to the direct loss. 
  
 “Contamination” means the presence on, in, or under land (including surface water, ground water and other waters) of a substance at a concentration above the concentration at which the substance is normally present on, in
or under (as the case may be) other land in the same locality and gives rise to a risk of harm to human health or the Environment. 
  
 “Corporations Act” means the Corporations Act 2001 (Commonwealth). 
  
 “Data Room Index” means the index of written material disclosed by the Seller or its advisors to the Buyer
which is annexed to this Agreement as Annexure A. 
  
 “Day Surgery” means a facility which predominantly provides surgery in respect of which patients are not required to remain in the facility overnight and by medical practitioners who are not general practitioners and, for
the avoidance of doubt, does not include any facility from which the Seller Group provides medical services which are predominantly conducted by general practitioners or medical services in the nature of pathology or diagnostic imaging. 

 
 “Disclosure Letter” means the disclosure letter provided
by the Seller to the Buyer which is annexed to this Agreement as Annexure B. 
  
 “Disclosure Material” means: 
  

	 	(a)	the written material disclosed by the Seller or its advisors to the Buyer and referred to in the Data Room Index; 

  

	 	(b)	the Disclosure Letter; and 

  

	 	(c)	all information contained in this Agreement. 








 “Ekabinanusa” means PT Ekabinanusa Yamasela Indonesia. 
  
 “Ekabinanusa Loan Facility Agreement” means the loan
agreement between the Seller and Ekabinanusa dated 5 October 2001. 
  
 “Ekabinanusa Loan Security” means: 
  

	 	(a)	the Option; 

  

	 	(b)	the Pledge; 

  

	 	(c)	the Powers of Attorney; and 

  

	 	(d)	the Assignment of Distributions. 

  
 “Employees” means Employees - Group and Expatriate Employees. 
  
 “Employees - Group” means those persons employed by a Group Member as at the date of this Agreement and any
other persons who are employed by a Group Member in the period between the date of this Agreement and Completion. The term “Employees-Group” does not include any such individual whose employment terminates prior to, or who resigns prior
to, Completion. 
  
 “Encumbrance” means any
mortgage, charge, pledge, lien, encumbrance, assignment, hypothecation, security interest, title retention, preferential right, trust arrangement, contractual right of set-off or any other security agreement or arrangement in favour of any person.

  
 “Environment” means the physical factors of
the surroundings of human beings including land, waters, atmosphere, climate, sound, odours, tastes, the biological factors of animals and plants and the social factor of aesthetics. 
  
 “Environmental Law” means any Law relating to the Environment including Law relating to: 
  

	 	(a)	the discharge or emission of substances (whether solid, liquid or gaseous) to air, water or land; 

  

	 	(b)	pollution or contamination of air, water or land; 

  

	 	(c)	the production, use, handling, storage, disposal or transport of waste, hazardous substances or dangerous goods; 

  

	 	(d)	the presence of asbestos; or 

  

	 	(e)	threatened or endangered flora or fauna, 

  
 or any other aspect of protection of the Environment or the enforcement or administration of any such Law. 
  
 “Environmental Permit” means any permit, licence,
authority, approval, consent or authorisation required by Environmental Law. 
  
 “Event” means any event, occurrence, transaction, instrument, act or omission (or any deemed event, occurrence, transaction, instrument, act or omission). 
  
 “Exchange Rate” means the Rupiah : Australian dollar
exchange rate used in the preparation of the Last Accounts of Rp5529.5 : $1.00. 







 “Expatriate Employees” means those persons employed by the Seller as at the date of this
Agreement being those persons specified in Schedule 10 and any other persons who are employed by the Seller exclusively in the Hospital Business in the period between the date of this Agreement and Completion. 
  
 “Expert” has the meaning given in clause 6.4. 

 
 “Final Payment Date” means the date which is 5 Business
Days after the date upon which the Completion Amount is finally agreed or determined pursuant to clause 6, or such other date as the parties may agree in writing. 
  
 “Financier” means PT ANZ Panin Bank. 
  
 “Governmental Authority” means any governmental, semi-governmental, administrative, judicial or
quasi-judicial body or tribunal, department, public authority, agency or statutory authority or person vested with functions under any Law. 
  
 “Group” means the Hospital Companies and where the context requires or allows “Group Member” means any 1 or more of
them. 
  
 “Group Finance Related Arrangements”
means the ANZ Facility Agreement, the Security, the Intercompany Loan Facility Agreement, the Ekabinanusa Loan Facility Agreement, the Option, the Pledge, the Assignment of Distributions Agreement and each Power of Attorney and any Deed of
Novation or Deed of Termination entered into in relation thereto or any documents executed pursuant to clause 2.1(c)(ii). 
  
 “GST” has the meaning given to it in the GST Act. 
  
 “GST Act” means the A New Tax System (Goods and Services Tax) Act 1999 (Commonwealth) as amended and
any related imposition legislation. 
  
 “HGB Premises -
Group” means the real property owned by a Group Member as listed in Part A of Schedule 5. 
  
 “Hospital Business” means the business of operating the Hospitals carried on by the Group in Indonesia at the date of this Agreement.

  
 “Hospital Companies” means the companies
listed in Schedule 1. 
  
 “Hospitals” means RS
Internasional Bintaro, Tangerang, RS Mitra Internasional, Jakarta and RS Surabaya Internasional, Surabaya. 
  
 “Intellectual Property Rights - Group” means the intellectual property and know-how which are owned by a Group Member described in
Part A of Schedule 4, but excluding the Trade Marks - Excluded. 
  
 “Intercompany Debt” means the aggregate of: 
  

	 	(a)	all amounts owing by any Group Member to any Seller Group Member; less 

  

	 	(b)	all amounts owing by any Seller Group Member to any Group Member, 

  
 excluding any amounts owed under the Intercompany Loan Facility Agreement and as accounted for under the Completion Accounting Principles. 
  
 “Intercompany Loan Facility Agreement” means the loan
facility agreement between the Seller and Putramas dated 2001 in relation to a Rupiah 200 billion loan facility made available by Putramas to the Seller. 







 “Interest Rate” has the meaning given to that expression in the Share and Asset Sale
Deed. 
  
 “Last Accounts” means the aggregated
audited accounts as at 30 June 2003 in relation to the Group, a copy of which are included in Part A of Schedule 11. 
  
 “Last Accounts Balance Date” means 30 June 2003. 
  
 “Last Accounts Adjusted Net Assets Statement” means the Last Accounts adjusted for the Adjustment Items in
the form set out in Schedule 12. 
  
 “Law” includes all statutes, laws, decrees, regulations, by-laws, ordinances and other delegated legislation and any rule of common law, contract, tort or equity applicable in Australia or the Republic of Indonesia from
time to time. 
  
 “Leasehold Premises - Group”
means the properties listed in Schedule 5. 
  
 “Leases - Group” means the leases relating to the Leasehold Premises - Group and any other lease to which any Group Member is a party specified Part B of Schedule 5. 
  
 “Liability” means: 
  

	 	(a)	any debt or other monetary liability or penalty, fine or payment or any damage, loss, cost, charge or expense on any account and in any capacity, irrespective of whether the debt,
liability, penalty, fine, payment, damage, loss, cost, charge or expense is: 

  

	 	(i)	present or future, matured or unmatured; 

  

	 	(ii)	actual, prospective or contingent; 

  

	 	(iii)	a contractual, tortious, legal, equitable or statutory obligation; 

  

	 	(iv)	ascertained or unascertained at any time; 

  

	 	(v)	owed, incurred or imposed by or on account of any person alone or severally or jointly with another person; 

  

	 	(vi)	owed, incurred or imposed to or for the account of any person alone or severally or jointly with another person; 

  

	 	(vii)	owed, incurred or imposed as a principal obligation or by way of surety or indemnity; 

  

	 	(ix)	owed, incurred or imposed as compensation or damages, whether for breach of contact or tort or on any other basis, or as losses, costs or expenses or on any other account; or


  

	 	(x)	any combination of any of the foregoing paragraphs; or 

  

	 	(b)	any contractual, tortious, statutory, legal equitable or other obligation or liability to do or perform any act or to refrain from doing or performing any act.


  
 “Medikatama” means PT
Mitrajaya Medikatama. 
  
 “Officer” means, in
relation to an Australian corporation, an officer within the meaning of section 82A of the Corporations Act or, in relation to an Indonesian company, a director or senior management officer reporting directly to the board of directors of the company








 “Option” means the put and call option agreement over shares in Putramas dated 5 October
2001 between Ekabinanusa and the Seller. 
  
 “Personal
Information” has the same meaning as in the Privacy Act. 
  
 “Pledge” means the Pledge of Shares Agreement dated 5 October 2001 between Ekabinanusa, the Seller and Putramas in relation to shares in Putramas. 
  
 “Pollution” means the discharge, release or emission of any substance (whether solid, liquid or gaseous)
from any Premises other than in accordance with an Environmental Permit or Environmental Law. 
  
 “Powers of Attorney” means the irrevocable powers of attorney: 
  

	 	(a)	to exercise certain rights as a shareholder; and 

  

	 	(b)	to sell shares in Putramas, 

  
 dated 2 October 2001, and granted by Ekabinanusa to the Seller. 
  

“Pre-Adjustment Purchase Price” means $33,500,000. 
  
 “Premises” means: 
  


	 	(a)	the HGB Premises - Group; and 

  

	 	(b)	the Leasehold Premises - Group. 

  
 “Previous Putramas JV” means the amended and restated joint venture agreement dated 23 March 1999 between PT Enseval, the Seller and
Putramas, as novated and amended. 
  
 “Privacy Act”
means the Privacy Act 1988 (Commonwealth) as amended. 
  
 “Privacy Laws” means: 
  

	 	(a)	the Privacy Act; 

  

	 	(b)	the National Privacy Principles contained in Schedule 3 to the Privacy Act or any approved privacy code that applies to any of the parties to this Agreement; and


  

	 	(c)	all other applicable Laws which require a person to observe privacy or confidentiality obligations in respect of Personal Information or other information. 


 
 “PTHCS” means PT Health Care of Surabaya. 
  
 “Public Register Information” means all information which
is available on the Public Registers 7 days before the date of this Agreement. 
  
 “Public Registers” means: 
  

	 	(a)	the Compulsory Company Register at the Department of Industry and Trade, Indonesia; 

  

	 	(b)	Trademarks Office at the Department of Justice and Human Rights; 

  

	 	(c)	Kabupaten/Kotamadya National Land Office; 

  

	 	(d)	Fiduciary Security Registration Office (KPF) at the Department of Justice and Human Rights. 








 “Purchase Price” means the Pre-Adjustment Purchase Price adjusted upwards or downwards
as the case may be in accordance with clause 6.6. 
  
 “Putramas” means PT Putramas Muliasantosa. 
  
 “Putramas JV” means the joint venture agreement dated October 2001 between the Seller, PTHCS, Ekabinanusa and Putramas. 
  
 “Related Body Corporate” has the meaning given in section 9 of the Corporations Act 
  
 “Remediation” means the cleanup, removal, remediation,
abatement, treatment, control, containment or encapsulation of Contamination or Pollution or the investigation, monitoring or management thereof. 
  
 “Representative” of a party includes an adviser, agent, director, employee, joint venturer, officer, partner, or sub-contractor of that
party. 
  
 “Reserved Names” means
“Mayne”, and any name containing the word “Mayne” and any name substantially similar to or reasonably capable of confusion with the word “Mayne”. 
  
 “Revenue Authority” means any Federal, State, Territory or
local governmental authority or instrumentality in respect of Tax in Australia, Indonesia or any other jurisdiction. 
  
 “Sale Shares” means all of the shares issued in the capital of the Hospital Companies of which the Seller is the registered holder and
lawful owner as described in Schedule 2. 
  
 “Scheduled Insurances” means the local insurances listed in Part A of schedule 17 and the global insurances relevant to the Hospital Business listed in Part B of schedule 17. 
  
 “Security” means the two letters dated 16 November 2001
from the Seller to the Financier: 
  

	 	(a)	in the case of the first letter, giving certain undertakings in consideration of the Financier extending the ANZ Facility Agreement to PTHCS; and 

  

	 	(b)	in the case of the second letter, indicating certain intentions for the purpose of providing comfort in the context of the ANZ Facility Agreement. 

  
 “Seller Group” means the Seller and each of its Related
Bodies Corporate (but excluding all Group Members) and where the context requires or allows “Seller Group Member” means any one or more of them. 
  
 “Seller’s Guarantees” means all securities, letters of credit, letters of comfort, guarantees and
indemnities provided by or on behalf of any Seller Group Member to support the operation of the Hospital Business (or any part of it) as listed in Schedule 3. 
  
 “Seller’s Superannuation Fund” means the Mayne Group Limited Superannuation Fund. 

 
 “Senior Management” means Jusup Halimi, Kim Primmer,
Richard Sweetnam, Richard Turner, Dr Rudy Susilo, Dr Iuniwati Gunawan, Dr Sulung Budianto. 
  
 “Share and Asset Sale Deed” means the agreement between the parties and Mayne Healthcare Holdings Pty Limited on or about the date of this Agreement in relation to the sale by the Seller
Group of its shares in Australian Medical Enterprises Limited, HCoA Hospital Holdings (Australia) Pty Limited and certain assets used in the business carried on by these companies. 
  
 “State” means the state of Victoria. 







 “Successor Fund” has the meaning given to that expression in Regulation 1.03 (1) of the
Superannuation Industry (Supervision) Regulations. 
  
 “Superannuation Commitment” means any legal liability (whether arising pursuant to an industrial award, employment agreement, the governing rules of a superannuation fund, legislation or otherwise) or voluntary commitment
to make contributions to any superannuation fund, pension scheme or other arrangement which will provide directors or employees of any Seller Group Member or Group Member or their respective dependants with pensions, annuities, lump sum or any other
payments upon retirement or earlier death or otherwise. 
  
 “Surabaya JV” means the amended and restated joint venture agreement dated 17 December 1998 between PT Ready Indah, the Seller and PTHCS. 
  
 “Tax” means income tax (including capital gains tax), value added tax, withholding tax (including
deductions pursuant to the royalty withholding obligation), employee taxes, customs duty, sales tax, luxury sales tax, land/building transfer duty, land and building tax, payroll tax, land tax, stamp duty, financial institutions duty, debits tax,
regional taxes and local charges, municipal rates and all other taxes, charges, imposts, duties and levies and any penalties, interest, fines or other costs relating thereto, whether levied or imposed by an authority in Indonesia or any other
jurisdiction. 
  
 “Tax Act” means Law on
General Rules and Procedures of Taxation no. 16/2000, Income Tax Law no. 17/2000, Value Added Tax law no. 18/2000, Law on Land and Building Transfer Duty no. 20/2000, Law on Regional Tax and Local Charges no. 34/2000, Law on Land and Building Tax
no. 12/1994, Stamp Duty Law no. 13/1985, and any other legislation, regulation or administrative protocol relation to the imposition or administration of a Tax. 
  
 “Tax Claim” means any letter, request, advice, notice, demand, notice of assessment, amended assessment or
determination, deemed assessment, other communication, instrument or document lodged under self-assessment or issued, served or made by or on behalf of a Revenue Authority, whether before or after the date of this Agreement or Event occurring on or
before Completion, as a result of which any Group Member is liable to make a payment for Tax in respect of any period ending on or before Completion or is not entitled to any credit, rebate, refund, relief, allowance, deduction, or tax loss in
respect of any period ending on or before Completion. 
  
 “Tax Claim Amount” means the amount any Group Member is required to pay in Tax to a Revenue Authority as a result of a Tax Claim (including any penalty or interest) and includes any damages, losses, costs (including
reasonable legal costs) or expenses suffered in or incurred in respect of any Tax Claim (excluding the CGT Liability (if any) which may be borne by any Group Member). 
  
 “Tax Indemnity” means the tax indemnity contained in clause 14. 
  
 “Termination Agreement” means the termination agreement
dated 30 November 2001 between Greenwhich Healthcare Limited, Arezzo Investments Limited, PT Calida Ekaprana, PT Enseval, the Seller and Putramas. 
  
 “Third Party Environmental Claims” means any action, claim, demand, suit, proceeding or litigation, whether at law, in equity or under
statute by any person who is not a party to this Agreement against any Seller Group Member or Group Member in respect of any Contamination or Pollution arising out of operation of the Hospital Business or the occupation of any of the Premises.

  
 “Trade Marks - Excluded” means the Reserved
Names and the trade marks set out in Part B of Schedule 4. 







 “Transferring Employees” means such of the Expatriate Employees who accept the
Buyer’s offer of employment made under clause 8.1. 
  
 “Umbrella Deed” means the deed so titled between the parties on or about the date of this Agreement. 
  
 “Warranties” means the warranties given by the Seller as set out in Schedule 6. 
  

	1.2	Interpretation 

  
 In this Agreement: 
  

	 	(a)	headings are for convenience only and do not affect interpretation; 

  
 and unless the context indicates a contrary intention: 
  

	 	(b)	an obligation or liability assumed by, or a right conferred on, 2 or more parties binds or benefits all of them jointly and each of them severally; 

  

	 	(c)	the expression “person” includes an individual, the estate of an individual, a corporation, an authority, an association or a joint venture (whether incorporated or
unincorporated), a partnership and a trust; 

  

	 	(d)	a reference to any party includes that party’s executors, administrators, successors and permitted assigns, including any person taking by way of novation;


  

	 	(e)	a reference to any document (including this Agreement) is to that document as varied, novated, ratified or replaced from time to time; 

  

	 	(f)	a reference to any statute or to any statutory provision includes any statutory modification or re-enactment of it or any statutory provision substituted for it, and all ordinances,
by-laws, regulations, rules and statutory instruments (however described) issued under it. 

  

	 	(g)	words importing the singular include the plural (and vice versa), and words indicating a gender include every other gender; 

  

	 	(h)	references to parties, clauses, schedules, exhibits or annexures are references to parties, clauses, schedules, exhibits and annexures to or of this Agreement, and a reference to
this Agreement includes any schedule, exhibit or annexure to this Agreement; 

  

	 	(i)	where a word or phrase is given a defined meaning, any other part of speech or grammatical form of that word or phrase has a corresponding meaning; 

  

	 	(j)	the word “includes” or “including” in any form is not a word of limitation; 

  

	 	(k)	if any day appointed or specified by this Agreement for the payment of any money or doing of any thing falls on a day which is not a Business Day, the day so appointed or specified
shall be deemed to be the next Business Day; 

  

	 	(l)	if a period of time dates from a given day or date, or the day or date of an event or an act, it is to be calculated inclusive of that day or date; 

  

	 	(m)	a reference to “$” or “dollar” is to Australian currency; 

  

	 	(n)	a reference to “Rp” or “rupiah” is to Indonesian currency; 









	 	(o)	references to payments to any party to this Agreement will be construed to include payments to another person upon the written and duly authorised direction of such party;


  

	 	(p)	references to “indemnify” or “indemnifying” (and other grammatical forms of that word) any person against any circumstance or occurrence will be
construed to include indemnifying and keeping indemnified that person and holding that person harmless to the fullest extent permitted by law from and against all demands, claims, actions, suits, proceedings, judgments, orders and decrees from time
to time made or taken against or affecting that person and all Liabilities, whatsoever and howsoever made, suffered or incurred by that person as a consequence of or which would not have arisen but for that circumstances or occurrence;


  

	 	(q)	references to concepts of materiality in this Agreement means material in the context of the Group and the Hospital Business as a whole; 

  

	 	(r)	all payments to be made under this Agreement will be made by electronic funds transfer of immediately available funds; 

  

	 	(s)	any statement expressed to be qualified by the phrase “as far as the Seller is aware” or otherwise qualified by reference to the knowledge or awareness of the
Seller or any Seller Group Member is deemed to be qualified by reference only to the knowledge, belief or awareness of the following persons after appropriate enquiry by them: Stuart James (Group Managing Director and Chief Executive Officer), Paul
Binfield (Chief Financial Officer), Neil Rodaway (General Manager, Asset Management), Peter Jenkins (Chief Development Officer), Jeff Pearce (Group General Manager, Personnel), Campbell Richards (Group Tax Manager), Peter Kopanidis (Group
Treasurer), Robert Cooke (Group General Manager, Hospitals), John Hickey (General Manager, Finance, Hospitals) Robert Wise (National Operations Manager, Hospitals), Richard Sweetnam (Finance Manager, Indonesia Hospitals), Fiona French (National
Business Support Manager, Hospitals), Jusup Halimi (President Director, Indonesian Operations), Peter Flemming (Chief Information Officer); 

  

	 	(t)	any statement expressed to be qualified by reference to the actual knowledge or awareness of the Buyer is deemed to be qualified by reference only to the actual knowledge, belief
and awareness of the following persons: Andrew Cummins, Adrian MacKenzie, Adrian Warner, Neil Broekhuizen and Tom Tucker; and 

  

	 	(u)	references to “contractor” include references to sub-contractor and other indirect contractors. 

  

	1.3	Governing law 

  
 This Agreement is governed by and will be construed according to the laws of the State. 
  

	1.4	Buyer Group 

  

	 	(a)	With the consent of the Seller (such consent not to be unreasonably withheld) the Buyer may novate all of its rights and obligations under this Agreement to a company which is a
wholly owned subsidiary of the same company of which the Buyer is a wholly owned subsidiary (the “Nominee Company”). 

  

	 	(b)	The effect of the novation pursuant to clause 1.4(a) will be such that the Nominee Company will become bound by the terms of this Agreement in all respects and assume and perform
the rights and obligations of the Buyer under this Agreement as if the Nominee Company were an original party to this Agreement. 









	2.	Completion Condition 

  

	2.1	Condition 

  
 Completion of this Agreement under clause 5 is conditional upon the following conditions being satisfied: 
  

	 	(a)	(Shareholder approval) in respect of each Hospital Company: 

  

	 	(i)	a general meeting of shareholders is held at (or a circular resolution of such shareholders is executed in accordance with the Articles of Association in) which the shareholders
duly approve the transfer of the Sale Shares from the Seller to the Buyer as contemplated by this Agreement in compliance with the requirements of the Articles of Association and applicable laws and regulations; and 

  

	 	(ii)	a waiver is obtained from each shareholder other than the Seller of any pre-emptive rights they may have in respect of the transfer of Sale Shares; 

  

	 	(b)	(Approvals): the Buyer has done all things necessary to enable each Hospital Company to obtain, and each Hospital Company has obtained, the following Approvals:


  

	 	(i)	if applicable, a recommendation or other Approval from the Department of Health of the Government of the Republic of Indonesia; 

  

	 	(ii)	Approval from the Capital Investment Coordinating Board (Badan Koordinasi Penanaman Modal – “BKPM”), 

  
 in relation to the transfer of the Sale Shares to the Buyer as contemplated
by this Agreement. 
  

	 	(c)	(Back-to-back finance arrangements): the following documents in a form satisfactory to the Seller, are executed by the relevant parties thereto: 

  

	 	(i)	deeds of novation providing for the novation from the Seller to the Buyer of the following agreements: 

  

	 	A.	Intercompany Loan Facility Agreement; 

  

	 	B.	Ekabinanusa Loan Facility Agreement; and 

  

	 	C.	Option (provided that the deed of novation in respect of this Agreement will be in a form which is also agreed by the Buyer, acting reasonably). 

  

	 	(ii)	a new pledge of shares, assignment of distributions and powers of attorney between the Buyer, Ekabinanusa and, in the case of the pledge of shares and assignment of distributions,
Putramas; and 

  

	 	(iii)	a deed of termination terminating the Pledge, the Assignment of Distributions Agreement and each of the Powers of Attorney. 

  

	 	(d)	(Accession Deeds for Joint Ventures): the Buyer delivers to the Seller: 

  

	 	(i)	 an executed deed in a form satisfactory to the Seller) as required under 











	 	    	Articles 12.3 and 12.21 of the Amended and Restated Joint Venture Agreement dated 17 December 1998 between the Seller and PT Ready Indah, under which the Buyer agrees to be bound by
the terms of the Amended and Restated Joint Venture Agreement as if the Buyer were an original party to the Amended and Restated Joint Venture Agreement and provisions terminating the Agreement as a result of the sale of the Sale Shares are waived;
and 

  

	 	(ii)	an executed deed in a form satisfactory to the Seller as required under the Joint Venture Agreement dated 1 October 2001 between the Seller, PT Health Care of Surabaya, PT
Ekabinanusa Yamasela Indonesia and PT Putramas Muliasantosa, under which the Buyer agrees to be bound by the terms of the Joint Venture Agreement as if the Buyer were an original party to the Joint Venture Agreement and provisions terminating the
Agreement as a result of the sale of the Sale Shares are waived; 

  

	 	(e)	(Releases): the Buyer delivers to the Seller a deed or deeds in a form satisfactory to the Seller, executed by all parties other than the Seller, releasing the Seller from
all obligations under the following documents: 

  

	 	(i)	Surabaya JV; 

  

	 	(ii)	Putramas JV; 

  

	 	(iii)	Previous Putramas JV (with respect to the provisions which it was provided would survive the Termination Agreement); 

  

	 	(f)	(Share and Asset Sale Deed) the completion of the Share and Asset Sale Deed in accordance with its terms; and 

  

	 	(g)	(Missing Documents) the Seller having satisfied its obligations pursuant to clause 5.11. 

  

	2.2	Best endeavours 

  

	 	(a)	The Buyer must use its best endeavours to obtain the satisfaction of each of the Completion Conditions in clauses 2.1(b), 2.1(c), , 2.1(d) and 2.1(e) within:


  

	 	(i)	three months from the date of this Agreement; or 

  

	 	(ii)	failing satisfaction by this date, by no later than the date which is six months from the date of this Agreement, 

  
 including, to the extent within its power, procuring performance by a third
party. The Buyer must keep the Seller informed of any circumstances which may result in any Completion Conditions not being satisfied in accordance with its terms. 
  

	 	(b)	The Seller must use its best endeavours to obtain the satisfaction of the Completion Conditions in clause 2.1(a) within: 

  

	 	(i)	three months from the date of this Agreement; or 

  

	 	(ii)	failing satisfaction by this date, by no later than the date which is six months from the date of this Agreement, 

  
 including, to the extent within its power, procuring performance by a third
party. 








	 	(c)	The Seller must assist and cooperate with the Buyer in relation to the Buyer’s obligations pursuant to clause 2.2(a) and in doing so must execute such agreements and other
documents as are necessary to enable the Buyer to meet such obligations. 

  

	 	(d)	The Seller must keep the Buyer informed of any circumstances which may result in this Completion Condition not being satisfied in accordance with its terms.


  

	2.3	Indemnity under Financings 

  
 From Completion, the Buyer indemnifies the Seller and each Seller Group Member against any Liabilities suffered or incurred by the Seller or any Seller
Group Member in relation to the Group Finance Related Arrangements whether arising before, on or after Completion, but excluding any Liabilities arising as a result of any breach by any Seller Group Member of any of its obligations in relation to
the Group Finance Related Arrangements prior to Completion. 
  

	2.4	Notification 

  
 Upon a party becoming aware that any of the Completion Conditions has been satisfied or which may result in the Completion Conditions not being or having
become incapable of being satisfied, that party must promptly notify the other party in writing of the same. 
  

	2.5	Non-satisfaction of Conditions 

  
 If any of the Completion Conditions has not been fully waived in accordance with clause 2.7 or satisfied on or by the date which is six months from the
date of this Agreement or such other later date as agreed in writing between the parties, either party, at its discretion, may terminate this Agreement by giving the other party written notice to that effect. 
  

	2.6	Termination 

  
 If this Agreement is terminated under clause 2.5 or clause 12.3, then, in addition to any other rights, powers or remedies provided by law: 
  

	 	(a)	each party is released from its obligations to further perform the Agreement and the Agreement will have no further effect, other than in relation to this clause 2, clause 15 and
clause 16; and 

  

	 	(b)	each party retains the rights it has against the other party in respect of any past breach or any claim that has arisen before termination; 

  

	 	(c)	the Buyer must return to the Seller or destroy the Disclosure Material and other materials in any medium in its possession, power or control, which contain information relating to
the Hospital Business, including its business records in accordance with the Confidentiality Deed. 

  

	2.7	Waiver of Conditions 

  
 The Completion Conditions may only be waived or varied by both parties agreeing the variation or waiver in writing. 
  

	2.8	ANZ Facility Agreement 

  

	 	(a)	The Buyer and the Seller must use their best endeavours to obtain: 

  

	 	(i)	the consent of the Financier to the transfer of the Sale Shares in PTHCS from the Seller to the Buyer as contemplated by this Agreement; and 









	 	(ii)	from the Financier an unconditional release from the Security (effective from Completion) in form and substance satisfactory to the Seller, for the Seller and each Seller Group
Member. 

  

	 	(b)	Without limiting the generality of clause 2.8(a), the Buyer must: 

  

	 	(i)	assist and co-operate with the Seller and the Financier to obtain the consents and release referred to in clause 2.8(a); 

  

	 	(ii)	provide or procure the provision of any replacement security as may be required by the Financier to replace the Security; and 

  

	 	(iii)	execute any agreements or deeds, that may reasonably be required by the Financier as a condition of the Financier ’s consent or release. 

  

	3.	Sale of Sale Shares 

  

	3.1	Sale and purchase 

  
 The Seller agrees to sell the Sale Shares to the Buyer and the Buyer agrees to purchase the Sale Shares: 
  

	 	(a)	free from any Encumbrance; 

  

	 	(b)	with all the rights, including dividend and voting rights, attached or accrued to them on or after the date of this Agreement; and 

  

	 	(c)	on the terms and conditions of this Agreement. 

  

	4.	Purchase Price and payments 

  

	4.1	Purchase Price 

  
 The purchase price to be paid by the Buyer for the Sale Shares is the Purchase Price, apportioned in accordance with clauses 4.3 and 4.4. 
  

	4.2	Use of available cash 

  
 Prior to Completion, the Seller will procure the Group to use its available cash to (in the following order of precedence): 
  

	 	(a)	repay the Intercompany Debt; and 

  

	 	(b)	having regard to the working capital requirements of the Group, repay to the Financier some of the amounts payable under the ANZ Facility Agreement. 

  

	4.3	Apportionment of Pre-Adjustment Purchase Price 

  
 The Pre-Adjustment Purchase Price will be apportioned to the Sale Shares as follows: 
  

	 	(a)	$14,000,000 for the Sale Shares in PTHCS; 

  

	 	(b)	$19,400,000 for the Sale Shares in Putramas; and 

  

	 	(c)	$100,000 for the Sale Shares in Mitrajaya. 









	4.4	Apportionment of Completion Amount 

  
 For the purposes of allocation of the Purchase Price, the Completion Amount (to the extent that it is directly attributable to a Hospital Company) if
positive shall be added to, and if negative shall be subtracted from, that part of the Pre-Adjustment Purchase Price which is directly attributable to the sale of the Sale Shares in the relevant Hospital Company. 
  

	5.	Completion 

  

	5.1	Completion place and date 

  
 Completion will take place at the offices of Clayton Utz, 333 Collins Street, Melbourne, Victoria at 10 a.m. on the date which is 5 Business Days after
the satisfaction or waiver of all the Completion Conditions or such other date or place (or both) as the parties may agree in writing. 
  

	5.2	Seller’s obligations on Completion 

  
 On Completion, the Seller will: 
  

	 	(a)	(Sale Shares): give and deliver to the Buyer: 

  

	 	(i)	the share certificates for: 

  

	 	A.	the Sale Shares in PTHCS; 

  

	 	B.	the Sale Shares in Putramas; and 

  

	 	C.	the Sale Shares in Mitrajaya. 

  

	 	(ii)	completed deeds of transfer, duly executed by the Seller in favour of the Buyer as transferee in respect of: 

  

	 	A.	the Sale Shares in PTHCS; 

  

	 	B.	the Sale Shares in Putramas; and 

  

	 	C.	the Sale Shares in Mitrajaya. 

  

	 	(iii)	any waivers with respect to, or consent or consents to, the transfers referred to in clause 5.2(a)(ii) contemplated by any pre-emptive rights or provisions in the Articles of
Association or any other agreement, arrangement or understanding or as a matter of Indonesian law concerning the Sale Shares including any such consents obtained in accordance with clause 2.1; 

  

	 	(v)	written resignations with effect from the Completion Date from all of the directors and commissioners of each Group Member nominated by the Seller, with each such director’s
and commissioner’s resignation to include an acknowledgement that the director or commissioner has no claim for breach of contract, compensation for loss of office (whether contractual, statutory or otherwise), unfair dismissal, redundancy
compensation or reimbursement or otherwise against any Group Member in relation to his or her service or appointment or resignation as a director or commissioner of any Group Member, as appropriate, or such other form of acknowledgement as is
reasonably agreed by the Buyer; and 









	 	(b)	(Meetings): cause: 

  

	 	(i)	a meeting of the Board of each Hospital Company to be held at which: 

  

	 	A.	the directors of each Hospital Company approve and effect the due registration in the registers of shareholders of the share transfers referred to in clause 5.2(a);


  

	 	B.	the directors of each Hospital Company approve cancellation of existing share certificates for the Sale Shares and the issuance of new collective share certificates for the Sale
Shares in the name of the Buyer and the recording thereof in the register of shareholders; and 

  

	 	(ii)	a general meeting of the shareholders of each of the Hospital Companies to be held at which (or a circular resolution of each of the Hospital Companies to be executed in which):


  

	 	A.	persons nominated in writing by the Buyer will be appointed directors of the Company; 

  

	 	B.	persons nominated in writing by the Buyer will be appointed commissioners of the Company; 

  

	 	C.	resignations referred to in 5.2(a)(v) are accepted; 

  
 and for certified copies of such resolutions to be handed to the Buyer; and 
  

	 	(c)	(Notices and documents): deliver to the Buyer such notices and other documents as may be required to be executed or registered by a Seller Group Member under any statute in
connection with the sale of the Sale Shares, as appropriate, provided the Buyer has, at its own cost, prepared such notices and other documents and delivered the same to the Seller’s solicitors at least 5 Business Days before the Completion
Date; and 

  

	 	(d)	(Revocations): deliver to the Buyer documents, in form and substance satisfactory to the Seller, revoking the power of attorney dated 17 December 1998 granted by PT Ready
Indah in favour of Walter Kmet, Shaun McVicar, Mr. Rahmat Somatipraja, and Maya Ghita Gunadi; 

  

	 	(e)	(Other obligations): perform all other obligations to be performed by it on Completion under this Agreement and do all other things necessary or desirable to transfer the
Sale Shares and to place the Buyer in effective control of the Hospital Companies, the bank accounts of the Hospital Companies and the business of the Hospital Companies. 

  

	5.3	Buyer’s obligations on Completion 

  
 On Completion, the Buyer will: 
  

	 	(a)	(Pay): pay the Pre-Adjustment Purchase Price to the Seller; 

  

	 	(b)	(Repayment of ANZ Facility): if the consent and release referred to in clause 2.8(a) have not been obtained before the date of the satisfaction or waiver of each
condition in clause 2.1, pay in full to the Financier all amounts payable under the ANZ Facility Agreement as notified by the Seller to the Buyer, in such manner and to such account as the Seller may notify the Buyer.










	 	(c)	(Release of guarantees): cause to be delivered to the Seller an unconditional release of each of the Seller’s Guarantees by the Completion Date in a form reasonably
satisfactory to the Seller that it has been able to secure under clause 7.1; 

  

	 	(d)	(Deed of transfer): deliver to the Seller completed deeds of transfer in respect of the Sale Shares duly executed by the Buyer as transferee; and 

  

	 	(e)	(Other obligations): perform all other obligations to be performed by it on Completion under this Agreement. 

  

	5.4	Title 

  
 Upon Completion legal and beneficial ownership of and title to (subject to complying with any registration requirements) the Sale Shares will pass to the
Buyer. 
  

	5.5	Interdependence 

  
 Except as the parties otherwise agree in writing, the requirements of clauses 5.2 and 5.3 are interdependent and are to be carried out contemporaneously.
No delivery or payment will be deemed to have been made until all deliveries and payments have been made. 
  

	5.6	Notice to complete 

  

	 	(a)	If the Seller fails to satisfy its obligations under clause 5 on or before the Completion Date, the Buyer may give the Seller a notice requiring it to satisfy those obligations
within a period of 10 Business Days from the date of receipt of the notice, and declaring time to be of the essence in all respects. If the Seller fails to satisfy those obligations on the date specified in the Buyer’s notice the Buyer may,
without affecting or limiting any other rights it might have, terminate this Agreement by giving the Seller written notice to that effect and after any such termination the Buyer will be entitled to sue the Seller for breach of contract.


  

	 	(b)	If the Buyer fails to satisfy its obligations under clause 5 on or before the Completion Date or otherwise fails to satisfy its obligations to complete this Agreement, the Seller
may give the Buyer a notice requiring it to satisfy those obligations within a period of 10 Business Days from the date of receipt of the notice, and declaring time to be of the essence in all respects. If the Buyer fails to satisfy those
obligations on the date specified in the Seller’s notice, the Seller may, at its discretion and without affecting or limiting any other rights it might have, terminate this Agreement by giving the Buyer written notice to that effect, or seek
specific performance of this Agreement. After any such termination the Seller will be entitled to: 

  

	 	(i)	sue the Buyer for breach of contract; and 

  

	 	(ii)	resell and procure the resale of the Sale Shares as owner, 

  
 whereupon the Buyer indemnifies the Seller from and against all Liabilities in relation to the Buyer’s breach of this Agreement, including, in the
circumstances set out in paragraph (ii), the deficiency (if any) arising on such resale and all expenses of and incidental to such resale or attempted resale, and the Buyer’s default. 








	5.7	Conduct until Sale Shares are registered 

  
 After Completion and until the Sale Shares are registered in the name of the Buyer or its nominee, the Seller must convene, attend and vote at general
meetings of the relevant Hospital Company or sign resolutions of the relevant Hospital Company as the Buyer reasonably directs in writing. 
  

	5.8	Storage of Disclosure Material 

  
 As soon as practicable after Completion, the Seller must arrange for a copy of the Disclosure Material to be recorded in electronic format on a compact
disc and delivered for safe storage to Clayton Utz and Minter Ellison, on terms that it only be made available for inspection or copying to a party with the consent of both the Seller and the Buyer, with such consent not to be unreasonably withheld
(except where disclosure is required by law). 
  

	5.9	Reporting the transfer of Sale Shares 

  
 The Buyer undertakes that, immediately following Completion, it will procure that the each of the Hospital Companies, in accordance with the applicable
Indonesian laws and regulations, duly reports the transfer of the Sale Shares to the Department of Justice and Human Rights and the Company Register of the Department of Industry and Trade in Indonesia, the Department of Health and to all other
government departments as may be required pursuant to applicable laws and regulations. 
  

	5.10	CGT Liability 

  

	 	(a)	The Buyer will pay to the Seller the amount of any CGT Liability for which any Seller Group Member is or may become liable on the later of: 

  

	 	(i)	the date on which the CGT Liability is determined; and 

  

	 	(ii)	Completion. 

  

	 	(b)	Each party will exercise its best endeavours to determine the CGT Liability as soon as practicable following the date of this Agreement. 

  

	 	(c)	In the event of any dispute between the parties concerning the amount of the CGT Liability, the dispute will be resolved in accordance with clause 14.9 (as if a reference in that
clause to any amount to be paid under the Tax Indemnity was a reference to the amount to be paid by the Buyer pursuant to this clause). 

  

	5.11	Missing documents 

  

	 	(a)	The Seller will, prior to Completion, use all reasonable endeavours to obtain a copy of each of the documents listed as a “Missing Document” in column 2 of the table in
the attachment to the Disclosure Letter. 

  

	 	(b)	Before Completion, the Seller will deliver to the Buyer copies of any such missing documents which the Seller was reasonably able to obtain. 

  

	 	(c)	If the Seller has been unable to obtain a copy of any document referred to in clause 5.11 (a) it will, prior to Completion, provide evidence to the Buyer demonstrating that absence
of the document will not have any materially adverse affect on the interests of the Buyer. 









	6.	Completion Statement 

  

	6.1	Preparation of draft Completion Statement 

  

	 	(a)	The Buyer must: 

  

	 	(i)	following Completion, prepare draft Completion Statements in accordance with this clause 6; and 

  

	 	(ii)	use all reasonable endeavours to ensure that, as soon as practicable following Completion (but in any event no later than 30 Business Days after that date), such draft Completion
Statements are delivered to the Seller. 

  

	 	(b)	Within 10 Business Days of the receipt of the Completion Statements under clause 6.1(a)(ii), MGL will review, in consultation with the Chief Financial Officer of the Buyer, the
draft Completion Statements then deliver to KPMG final Completion Statements prepared in accordance with the Completion Accounting Principles. 

  

	 	(c)	The Seller must, and must procure the Group to, provide the Buyer such access to all its employees, accounts, records and such other documentation, and all such assistance, which
the Buyer requires to comply with its obligations under this clause, at no cost to the Buyer. 

  

	6.2	Audit Review of Completion Statements 

  
 As soon as the Completion Statements (“Statements”) have been delivered by the Seller in accordance with clause 6.1, the following
procedure will apply: 
  

	 	(a)	the Seller and the Buyer must jointly instruct KPMG to undertake an audit of the Statements and, within 20 Business Days of being provided with the Statements, to prepare an audit
report thereon together with a certificate addressed to both the Seller and the Buyer confirming the accuracy of the Statements, any adjustments that should be made to the Statements (including the resulting Completion Amount for the purposes of
this Deed) (“Completion Audit Report”); 

  

	 	(b)	the terms of engagement of KPMG must be agreed in writing by the Seller and the Buyer and will include a requirement that KPMG, in conducting their audit, will adopt a materiality
level of Rp 1 billion, meaning that under Generally Accepted Auditing Standards, KPMG must design their audit procedures so that they detect adjustments that individually and cumulatively exceed this amount; 

  

	 	(c)	KPMG must be instructed to conduct their audit and prepare their Completion Audit Report in accordance with Indonesian Auditing Standards, as modified expressly by their terms of
engagement and the Completion Accounting Principles; 

  

	 	(d)	KPMG must be instructed to provide reasonable access to both the Buyer and the Seller and their respective accounting and other professional advisers to KPMG’s audit work
papers and all files relevant to preparing its Completion Audit Report; 

  

	 	(e)	KPMG must be provided with full and free access to all books, records, accounts and documents of the Seller Group, the Group and the Buyer Group that are within the possession, or
under the control, of any Seller Group Member or any Group Member to enable KPMG to conduct its audit and prepare its Completion Audit Report; and 









	 	(f)	the Buyer and the Seller must each bear half of KPMG’s costs of conducting its audit and preparing its Completion Audit Report. 

  

	6.3	Determination of the Completion Amount 

  

	 	(a)	Following delivery of the Audit Report in accordance with clause 6.2(a), the Seller and the Buyer must confer and use all reasonable endeavours to agree on the Completion Amount
within 10 Business Days. 

  

	 	(b)	If the Completion Amount: 

  

	 	(i)	is so agreed, that amount so agreed will be final and binding on the parties; or 

  

	 	(ii)	is not so agreed within the period specified in clause 6.3(a) and no election to a referral is made in accordance with clause 6.4 within the period referred to in clause 6.4(a), the
amount for the Completion Amount set out in the Completion Audit Report will be final and binding on all parties. 

  

	6.4	Disputes 

  

	 	(a)	Subject to clause 6.5, if either the Buyer or the Seller disputes that the Completion Statements or any item contained in them have been prepared in accordance with this Agreement
and the Seller and the Buyer do not resolve the matters in dispute within the 10 Business Day period referred to in clause 6.3(a), either the Seller or the Buyer may by notice in writing to the other at any time within 10 Business Days after the end
of that period require that the difference of opinion or dispute be referred to an expert for determination in accordance with the principles in clause 6.4(c). Such expert (“Expert”) must be an auditor with relevant industry
expertise agreed in writing by the Seller and the Buyer or in the event that the Seller and the Buyer are not able to agree upon such an expert within 5 Business Days of either the Seller or the Buyer giving notice that it requires that the
difference of opinion or dispute be resolved by an expert, the expert will be appointed by the President for the time being of the Institute of Chartered Accountants in Australia or his or her nominee. 

  

	 	(b)	Each of the Seller and the Buyer is entitled to: 

  

	 	(i)	make a written submission to the Expert within 5 Business Days of the date of appointment of the Expert; 

  

	 	(ii)	provide a response to the Expert in respect of the other’s submission within 5 Business Days of receipt of their submission, 

  

	 	    	that in each case must not exceed 15 pages in aggregate (including all annexures) and which they must provide to the other. 

  

	 	(c)	The Expert must: 

  

	 	(i)	act as an expert and not as an arbitrator and his or her written determination will be final and binding on the Seller and the Buyer in the absence of manifest error;


  

	 	(ii)	determine the difference of opinion or dispute within 10 Business Days; and 

  

	 	(iii)	have the right to review all relevant working papers of the Seller and KPMG. 









	 	(d)	The costs of the Expert are to be borne in the manner agreed between the Buyer and the Seller or determined by the Expert. 

  

	 	(e)	The Completion Statements delivered to KPMG and the Buyer pursuant to clause 6.1 will be deemed to be varied to reflect any alteration agreed to by the Buyer and the Seller or which
the Expert determines be made pursuant to this clause. 

  

	6.5	Limitation on disputes 

  

	 	(a)	The parties may not: 

  

	 	(i)	dispute the Completion Statements unless the aggregate amount disputed exceeds Rp 3 billion of the Pre-Adjustment Purchase Price; or 

  

	 	(ii)	dispute any individual line item in the Completion Statements unless the amount in dispute exceeds Rp 275 million of the Pre-Adjustment Purchase Price. 

  

	 	(b)	The parties may not at any stage dispute or purport to disagree on any amount contained in the Last Accounts or the Last Accounts Adjusted Net Assets Statement.


  

	 	(c)	The parties may not dispute or purport to disagree on any amount contained in the Completion Statements once they have been settled pursuant to this clause 6.


  

	6.6	Final payment 

  

	 	(a)	The Pre-Adjustment Purchase Price will be adjusted upwards or downwards (as the case may be) by payment, on the Final Payment Date, of the Completion Amount.


  

	 	(b)	If the Completion Amount: 

  

	 	(i)	is a positive number, then on the Final Payment Date, the Buyer must pay that amount to the Seller by way of an addition to the Pre-Adjustment Purchase Price;


  

	 	(ii)	is a negative number, then on the Final Payment Date, the Seller must pay that amount to the Buyer by way of a reduction to the Pre-Adjustment Purchase Price; and


  

	 	(iii)	is zero, the Pre-Adjustment Purchase Price will not be adjusted. 

  

	7.	Release of Seller’s Guarantees 

  

	7.1	Release 

  
 The Buyer must use its best endeavours (excluding paying money or providing other valuable consideration to or for the benefit of any person) to secure,
before Completion, the unconditional release of each Seller Group Member from the Seller’s Guarantees effective from Completion and the Seller must use all reasonable endeavours to assist the Buyer in this regard. 








	7.2	Indemnity 

  

	 	(a)	From Completion, the Buyer indemnifies each Seller Group Member against any Liability which it suffers, incurs or is liable for, directly or indirectly in relation to any
Seller’s Guarantee. 

  

	 	(b)	The Seller enters into this document for itself and each other person who has given a Seller’s Guarantee and accordingly accepts the full benefit of this clause 7.2 on behalf
of those persons. The parties agree that the Seller may enforce this provision on behalf of those other persons. 

  

	8.	Employees 

  

	8.1	Provision of employment 

  

	 	(a)	The Buyer must provide an offer of employment to each of the Expatriate Employees to commence from the day after the Completion Date. The provision of such employment must be
communicated to the Expatriate Employees in the form agreed between the parties at least 10 Business Days before the Completion Date. The offer of employment so provided must be for a position substantially similar to the relevant Expatriate
Employee’s position immediately prior to Completion and must be on terms and conditions (including as to superannuation) that are in the aggregate no less favourable than those on which the relevant Expatriate Employee is employed immediately
prior to Completion. 

  

	8.2	Payments to Employees 

  

	 	(a)	Subject to clauses 8.2(c) and 8.2(d), on Completion (or in the case of bonuses for the year ending on 30 June 2003, in accordance with the Seller Group’s usual practice), if it
has not already done so, the Seller must pay to each Expatriate Employee: 

  

	 	(i)	the amount of his or her wage or salary entitlements; 

  

	 	(ii)	elected salary sacrifice amounts; 

  

	 	(iii)	bonuses for any year ending on or prior to 30 June 2003; and 

  

	 	(iv)	commissions (for the avoidance of doubt excluding annual leave, sick leave, rostered day off leave and long service leave entitlements), 

  
 accrued up to and payable to them on or before Completion whether pursuant
to: 
  

	 	(i)	a contract of employment; 

  

	 	(ii)	an Australian Workplace Agreement; 

  

	 	(iii)	an award; 

  

	 	(iv)	an agreement (certified, registered or otherwise); or 

  

	 	(v)	other arrangement or an award or order made by a Court or other tribunal or Government Authority under Law, 

  
 to which the Seller was a party, and on the same terms that applied, as at
Completion. 








	 	(b)	The Seller must pay to each Employee any payment or inducement it has promised on completion of the transactions contemplated by this Agreement. 

  

	 	(c)	The Seller indemnifies the Buyer against all claims made by such Expatriate Employee from time to time after the Completion Date against the Buyer in relation to clause 8.2(a).


  

	 	(d)	The Seller will not be required to pay any amount referred to in clause 8.2(a) to the extent to which such amount will be recorded as a liability in the Completion Accounts.


  

	 	(e)	For the avoidance of doubt, clause 8.2(a) does not require the Seller to make any retirement, redundancy, termination or severance payments of the nature described in clause 8.4(c).


  

	8.3	Recognition of prior service 

  
 The Buyer must treat each Expatriate Employee and deal with every entitlement (including annual and sick leave, rostered day off leave and prior service
for the purpose of calculating long service leave and redundancy or severance payments (as applicable)) as if every entitlement had been accrued by the respective Expatriate Employee while in the employment or engagement of the Buyer. 
  

	8.4	Indemnity for Employees 

  
 Subject to Completion, the Buyer indemnifies the Seller against any Liability it suffers or incurs in respect of: 
  

	 	(a)	wages, salary and any other payment, benefit or amount owing to the Employees and attributable to their employment after Completion or, in the case of bonuses, attributable to their
employment after 30 June 2003; 

  

	 	(b)	annual leave, sick leave, rostered day off leave, long service leave and any other form of leave payment owing to the Employees and attributable to their employment up to and after
Completion; and 

  

	 	(c)	retirement, redundancy, contract termination or severance payments, benefits, costs or compensation of any kind (including payment in lieu of notice, severance payments howsoever
called, in respect of annual leave, sick leave, rostered day off leave, long service leave and any other form of leave payments owing and payments in respect of goodwill) payable under: 

  

	 	(i)	a contract of employment; 

  

	 	(ii)	an Australian Workplace Agreement; 

  

	 	(iii)	an award; 

  

	 	(iv)	an agreement (certified, registered or otherwise); or 

  

	 	(v)	other arrangement or an award or order made by a Court, other tribunal, Government Authority or otherwise under Law 

  
 and whether attributable to their employment before or after their
commencement with a Group Member or the Seller arising from or in respect of a termination or cessation of their employment or engagement by the Seller or Group Member before or after Completion. 








	8.5	Employee Lists 

  
 A reasonable period of time prior to Completion, on request from the Buyer, the Seller will provide to the Buyer a current list of the Employees - Group,
which will contain the following details in relation to each individual: 
  

	 	(a)	the individual’s full name; 

  

	 	(b)	the Hospital in which the individual is employed; 

  

	 	(c)	the individual’s employer; and 

  

	 	(d)	the individual’s employment classification/position. 

  

	9.	Superannuation 

  

	 	(a)	The Buyer shall make available or establish by the Completion Date one or more suitable superannuation funds (“Buyer’s Fund”) to provide superannuation
benefits for those of the Transferring Employees who agree to become members of the Buyer’s Fund and who are members of the Seller’s Superannuation Fund as at the Completion Date (“Transferring Members”).


  

	 	(b)	The Seller and the Buyer may agree in writing that special arrangements shall apply in respect of one or more Transferring Employees. 

  

	 	(c)	Subject to paragraph (d), except for a Transferring Employee covered by an arrangement made under paragraph (b), the Buyer must provide superannuation benefits for the Transferring
Employees which, taken as a whole, shall be no less favourable than those provided to them by their employer as at the Completion Date, 

  
 save and except that the Transferring Employees shall have no rights and no provision shall be made for any right to any surplus in the Seller’s
Superannuation Fund and the Seller shall ensure that they shall not suffer any reduction in benefits or amounts transferred to the Buyer’s Fund representing or otherwise attributable to any deficit or under-funding in the Seller’s
Superannuation Fund. 
  

	 	(d)	The Seller agrees that notwithstanding paragraph (c), the Buyer is not required to provide defined benefit style benefits to any Transferring Members who were entitled to defined
benefits in the Seller’s Superannuation Fund. 

  

	 	(e)	The Buyer must pay for all costs in establishing (or making available) the Buyer’s Fund. For the avoidance of doubt, these costs will include all legal costs incurred in
reviewing the trust deed, including any cost incurred in amending that trust deed, regardless or whether or not the proposed fund is accepted as a Successor Fund to the Seller’s Superannuation Fund by the trustee of the Seller’s
Superannuation Fund. 

  

	 	(f)	The Buyer shall allow each Transferring Member to voluntarily transfer his or her superannuation benefits in the Seller’s Superannuation Fund to the Buyer’s Fund.


  

	 	(g)	The Seller will procure that the amount transferred in respect of each Transferring Member from the Seller’s Superannuation Fund to the Buyer’s Fund shall be at least
equal to the Transferring Member’s reserve in the Seller’s Superannuation Fund as at the Completion Date, adjusted for earnings at the estimated earning rate of the Seller’s Superannuation Fund in respect of the period from the
Completion Date to the date the relevant amount is transferred. 









	 	(h)	Nothwithstanding anything to the contrary in this Agreement, each Transferring Employee will have the right to access their benefit at Completion in accordance with the provisions
of the governing rules of the Seller’s Superannuation Fund and any applicable laws. 

  

	 	(i)	On Completion, the Seller and the Buyer will immediately cause each member of the Group who is associated with the Seller’s Superannuation Fund, whether as a principal
employer, associated employer, participating employer or otherwise, to take all steps necessary to end that association with effect from Completion. 

  
 Notwithstanding anything to the contrary in this Agreement, and for the avoidance of doubt, the Buyer acknowledges that on
and from Completion, no member of the Group shall have any rights in relation to the Seller’s Superannuation Fund (whether arising under the trust deed for the Seller’s Superannuation Fund or otherwise). 
  

	10.	Seller’s obligations 

  

	10.1	Conduct of Hospital Business 

  
 From the date of this Agreement until Completion the Seller must, and must procure that each Group Member carries on the Hospital Business in the ordinary
course. 
  

	10.2	Integration Meetings 

  
 From the date of this Agreement until Completion, the Seller will at any time reasonably required by the Buyer and on reasonable notice from the Buyer,
being not less than 48 hours, make: 
  

	 	(a)	relevant senior executives available during normal business hours at 390 St Kilda Road, Melbourne, Victoria to meet with the Buyer; and 

  

	 	(b)	appropriate Hospital Business executives available by telephone at the same time, 

  
 to assist the Buyer in preparing for integration with the Hospital Business. The frequency and duration of such meetings
will be at the sole discretion of the Seller. 
  

	10.3	Restricted actions 

  
 Without limiting clause 10.1, from the date of this Agreement until Completion, the Seller must, and must procure, that unless contemplated by this
Agreement or the Buyer otherwise consents in writing (such consent not to be unreasonably withheld or delayed): 
  

	 	(a)	no Group Member will increase, decrease or otherwise alter its share capital or issue or grant any securities or agree to do so; 

  

	 	(b)	no Group Member will, in respect of the Hospital Business, and the Seller will not in respect of the Sale Shares, create or grant any Encumbrance over the assets of the Group Member
or the Hospital Business or Sale Shares or incur any indebtedness or liability in the nature of borrowings or agree to do so, other than in the ordinary course of business; 

  

	 	(c)	no Group Member will acquire, transfer or dispose of any asset of the Hospital Business with a written down book value in excess of Rp 5.56 billion; 

  

	 	(d)	no Group Member will amend its Articles of Association; 









	 	(e)	no Group Member will enter into, terminate or materially vary any agreement, arrangement or understanding which involves the incurring of a total liability over the life of the
agreement, arrangement or understanding in excess of Rp 5.56 billion other than in the ordinary course of the Hospital Business in procuring or replenishing stock; 

  

	 	(f)	no Group Member will make any material change to its practice as to payment of creditors and collection of trade debtors; 

  

	 	(g)	no Group Member will enter into, terminate or increase annual remuneration by more than 10% under any agreement, arrangement or understanding concerning an employee or contractor
where the annual remuneration payable to such employee or contractor will exceed Rp 556 million. However, this clause will not exclude a Group Member from terminating any agreement, arrangement or understanding concerning an Employee - Group in
circumstances where, in the reasonable opinion of a Group Member, the employee or independent contractor concerned has: 

  

	 	(i)	engaged in conduct justifying summary dismissal at common law or under an applicable policy of the Group; or 

  

	 	(ii)	engaged in repeated poor performance justifying termination under an applicable policy of the Group; 

  

	 	(h)	no Group Member will acquire shares or other securities in any body corporate other than any other Group Member or agree to do so; 

  

	 	(i)	no Group Member will initiate any proceedings for the winding up, liquidation or other external administration of that Group Member; and 

  

	 	(j)	no Group Member will merge or consolidate with any other body corporate, 

  
 unless any of the foregoing is contemplated by Law, or in the Seller’s reasonable opinion is required to give effect to the terms of any Law.

  

	11.	Buyer’s obligations 

  

	11.1	Supply of references 

  
 Before and after Completion, the Buyer must promptly supply such references or information and do anything else reasonably required (excluding paying
money or providing other valuable consideration to or for the benefit of any person (except where this Agreement expressly provides otherwise)) by any third party to the agreements referred to in clause 7. 
  

	11.2	Access 

  

	 	(a)	After the Completion Date, the Buyer must procure that each Group Member keeps the business records that were in its possession as at the Completion Date for 5 years from the
Completion Date or such longer period as any applicable law requires that such records must be maintained. 

  

	 	(b)	During the period referred to in clause 11.2(a), the Buyer must, and must procure that each Group Member, provide any Seller Group Member with reasonable access to such business
records and assistance (including copies of relevant documents) as reasonably requested by any Seller Group Member, including such access as reasonably required to permit any relevant Seller Group Member to complete tax returns.










	12.	Warranties and indemnities 

  

	12.1	Seller’s Warranties and acknowledgment 

  

	 	(a)	As part of the terms of the sale of the Sale Shares, but subject to clauses 12.2, 12.3, 12.4 and 13, the Seller warrants to the Buyer that each Warranty is accurate and so warrants
as at the date of this Agreement and separately as at a time immediately before Completion. 

  

	 	(b)	The Seller acknowledges that the Buyer has entered into this Agreement in reliance on the Warranties. 

  

	 	(c)	Each Warranty is separate and independent and not limited by any other Warranty or any other provision of this Agreement except to the extent expressly provided to the contrary in
this Agreement. 

  

	12.2	Exceptions for disclosures and public records 

  
 The Warranties are given subject to disclosures or matters recorded in this Agreement or disclosed in the Disclosure Material or in the Public Register
Information, and the Buyer cannot claim that any fact, matter or circumstance causes: 
  

	 	(a)	any damage or loss to the Buyer or a Hospital Company; 

  

	 	(b)	the Warranties to be false or misleading; or 

  

	 	(c)	the Warranties to be breached, 

  
 if the fact, matter or circumstance is fairly disclosed in this Agreement or in the Disclosure Material or in the Public Register Information. 

 

	12.3	Breach of Warranties 

  

	 	(a)	If the Buyer becomes aware of any material breach or inaccuracy of any of the Warranties, the Buyer must give notice to the Seller of such breach of or inaccuracy (“Breach
Notice”). 

  

	 	(b)	Upon receipt of a Breach Notice the Seller may: 

  

	 	(i)	remedy the breach specified in the Breach Notice by the earlier of: 

  

	 	A.	10 Business Days after receiving the Breach Notice; or 

  

	 	B.	the Completion Date; or 

  

	 	(ii)	terminate this Agreement at any time before Completion by notice in writing to the Buyer but without prejudice to any Claim by the Buyer for any antecedent breach.


  

	 	(c)	The Buyer agrees and acknowledges that it is not entitled to rescind or terminate this Agreement for a breach of Warranties other than for a material breach of or material
inaccuracy of Warranty 1 (share capital), Warranty 2 (capacity and authority), Warranty 4 (Accounts), Warranty 17 (Assets) and Warranty 9(d) (litigation) that has not been remedied in accordance with clause 12.3(b) or is incapable of remedy.










	12.4	Acknowledgments 

  
 The parties acknowledge and agree that the Warranties do not apply to any forward looking statements, financial forecasts, projections, opinions of future
performance or statements relating to prospects of the Group or the Hospital Business that have been provided by a Seller Group Member or Group Member or any of their representatives. No warranty is given or representation made that any such
financial forecast, projection, opinion or statement will be met or achieved. Any such information that has been provided to the Buyer was provided for information purposes only. 
  

	12.5	Buyer’s warranties 

  
 As part of the terms of this Agreement the Buyer warrants to the Seller in the terms set out in Schedule 7 as at the date of this Agreement and
separately as at a time immediately before Completion. 
  

	13.	Limitation of liability 

  

	13.1	No reliance on and no liability for matters outside this Agreement 

  

	 	(a)	The Buyer acknowledges and warrants that: 

  

	 	(i)	no Seller Group Member (nor any person acting on its behalf) has made any representation, warranty or other inducement to it to enter into this Agreement, except for
representations, warranties or inducements expressly set out in this Agreement; and 

  

	 	(ii)	it does not enter into this Agreement in reliance on any representation, warranty or other inducement by or on behalf of any other person, except for any representation, warranty or
inducement expressly set out in this Agreement respectively. 

  

	 	(b)	The Buyer acknowledges and warrants that: 

  

	 	(i)	the Buyer has undertaken a due diligence investigation in relation to the Hospital Business, the Premises, the Group Members and Sale Shares in accordance with a process designed
and implemented by the Buyer and its Representatives; and 

  

	 	(ii)	it has not relied and does not rely on any statement, disclosure, representation or warranty, whether express or implied, made by or on behalf of a Seller Group Member and, if
Completion does not occur, a Group Member, which is not set out in this Agreement, whether in relation to the sale of the Sale Shares or otherwise. 

  

	 	(c)	The Buyer will not bring any Claim or Action against any Seller Group Member (and, if Completion does not occur, any Group Member) unless it is based solely on and limited to the
regime contemplated by this Agreement. 

  

	 	(d)	Except for the Seller’s obligations under the Warranties, by this Agreement the Buyer releases each Seller Group Member (and, if Completion does not occur, each Group Member)
and their Representatives, from all claims, demands, obligations or liabilities whether in tort (including negligence), statute, contract, or otherwise which it has or may have after the date of this Agreement which arise out of the negotiations for
and subject matter of this Agreement or agreements entered into by the Seller Group and the Buyer Group (including the Group) under or pursuant to this Agreement, other than as may be provided for in this Agreement or agreements entered into by the
Seller Group and the Buyer Group (including the Group) under or pursuant to this Agreement. 









	13.2	Limitations of liability 

  
 Notwithstanding anything to the contrary contained in this Agreement no Seller Group Member and, if Completion does not occur, no Group Member will be
Liable for any Claims or Actions: 
  

	 	(a)	(Buyer insured): 

  

	 	(i)	to the extent that the Claim or Action arises or is in respect of matters against which any Buyer Group Member is insured for loss or damage suffered by it (but only to the extent
that such loss or damage is recovered under any insurance policy held by any Buyer Group Member); 

  

	 	(ii)	if any Buyer Group Member fails to do all things reasonably necessary to recover under any insurance relevant to the Claim or Action on a timely basis; 

  

	 	(b)	(Buyer’s awareness): where the Buyer is actually aware of the matter giving rise to the Claim or Action under the Warranties, before the date of this Agreement. For this
purpose, the Buyer will be deemed to have knowledge of those matters disclosed in the Disclosure Material on or before the date of this Agreement and the Public Register Information on the date which is seven days before the Completion Date;


  

	 	(c)	(Buyer’s own actions): if, but only to the extent that, the Claim or Action is as a direct result or consequence of any voluntary act, omission, transaction or
arrangement of or on behalf of the Buyer Group after Completion except in the ordinary course of the Hospital Business as carried on prior to Completion or as required by Law; 

  

	 	(d)	(Loss only compensated once): if, but only to the extent that, the Buyer or any Buyer Group Member has recovered the same loss under any other provision of this Agreement or
any other document referred to in this Agreement or the Disclosure Material; 

  

	 	(e)	(Buyer otherwise compensated): if, but only to the extent that, the subject of the Claim or Action has been or is made good or is otherwise compensated for without cost to
the Buyer or a Buyer Group Member; 

  

	 	(f)	(Last Accounts or Completion Statement): if, but only to the extent that, the matter in respect of which the Claim or Action is made is accrued, provided for or otherwise
reflected in the Last Accounts or the Completion Statements; 

  

	 	(g)	(No indirect or consequential loss): if, but only to the extent that, the Claim or Action relates to any exemplary, special, indirect, incidental or Consequential Loss
suffered by the Buyer or a Buyer Group Member; 

  

	 	(h)	(Legislation):to the extent that, the Claim or Action is as a result of or in respect of, or where the Claim or Action arises from any act, matter, omission, transaction or
circumstance which would not have occurred but for any legislation not in force at the date of this Agreement or any change of any Law or administrative practice of any governmental agency, including any such legislation or change which takes effect
retrospectively or any increase in the rates of Tax liable to be paid or any imposition of Tax not in effect at the date of this Agreement; 









	 	(i)	(Buyer’s actions in relation to Tax): to the extent that the circumstances giving rise to the Claim or Action result in a savings in Tax to the Buyer or any Group Member
or would have so resulted had the Buyer or the relevant Group Member availed itself of proper credits, deductions, allowances and other savings in respect of Tax; 

  

	 	(j)	(Notice): unless the Buyer has: 

  

	 	(i)	given the Seller notice in writing of each fact or circumstance which gives or may give rise to a Claim or Action by the Buyer under this Agreement as soon as reasonably practicable
but in any event within 2 weeks of the fact or circumstance coming to the attention of senior management of the Buyer; and 

  

	 	(ii)	given the Seller access to all relevant business records together with all other records, correspondence and information as the Seller may reasonably request;


  

	 	(k)	(Labour disputes): to the extent that any labour dispute, strike or work stoppage arises from or is connected with the sale or proposed sale of the Hospital Business, or the
Buyer not offering employment or engagement (as required by this Agreement) or terminating the employment or engagement of one or more Employees; 

  


	 	(l)	(Announcement of sale): to the extent that the Claim or Action relates to Warranty 5 (Period Since Last Account Balance Date) and arises directly as a result of the
announcement of the sale or proposed sale of the Hospital Business; 

  

	 	(m)	(Time limits): unless the Buyer has given written notice to the Seller setting out specific details of the Claim or Action within: 

  

	 	(i)	7 years after the Completion Date in respect of any such Claim or Action relating to Tax fraud; 

  

	 	(ii)	6 years after the Completion Date in respect of any such Claim or Action relating to Tax evasion or Tax avoidance; 

  

	 	(iii)	4 years after the Completion Date in respect of any Claim or Action relating to Tax other than those subject to paragraphs (i) and (ii); 

  

	 	(iv)	3 years after the Completion Date in respect of any such Claim or Action relating to the Environment (including any Claim or Action under clause 13.9 and Warranty 12; and


  

	 	(v)	18 months after the Completion Date in respect of all other Claims or Actions, and 

  
 within 12 months of the Seller receiving that notice, the Claim or Action has been: 
  

	 	(vi)	admitted or satisfied by the Seller; or 

  

	 	(vii)	settled between the Seller and the Buyer; or 

  

	 	(viii)	referred to a Court of competent jurisdiction by the Buyer instituting and serving legal proceedings against the Seller in relation to the Claim or Action; 










	 	(n)	(Lower dollar limits): (except in respect of any Claim or Action arising out of the Tax Indemnity in relation to which this paragraph (n) will not apply) unless:


  

	 	(i)	the amount finally awarded or agreed as being payable in respect of the Claim or Action in question is not less than Rp 1 billion; and 

  

	 	(ii)	the aggregate amount finally awarded or agreed as being payable in respect of all Claims and Actions is not less than Rp 6.6 billion; 

  
 in which case, the Seller will be liable for the whole amount (not just the
excess). 
  

	13.3	Maximum liability for claims 

  
 The maximum aggregate amount recoverable by the Buyer from the Seller in respect of all Claims and Actions is the Purchase Price. 
  

	13.4	Reimbursement for amounts recovered 

  
 The Buyer will reimburse the Seller for amounts paid by the Seller to the Buyer or any Group Member in respect of any Claim or Action to the extent to
which the same is recovered by the Buyer or any Group Member from any third party, including suppliers, manufacturers or insurers. If the Buyer or any Group Member is at any time entitled to recover from some other person any sum in respect of which
the Buyer makes or brings a Claim or Action, the Buyer must take, and must procure that the relevant Group Member takes, all reasonable steps to enforce such recovery from the third party. 
  

	13.5	Third party claims 

  

	 	(a)	If any claims, demands, actions or proceedings are made or instituted against any Buyer Group Member (“Relevant Member”) in respect of which the Buyer may seek to
make any Claim or Action (any such claims, demands, actions or proceedings being hereinafter called a “Third Party Claim”), the following procedure applies: 

  

	 	(i)	the Buyer will give prompt written notice of the Third Party Claim to the Seller and will ensure that it consults with the Seller concerning such claim; 

  

	 	(ii)	the Buyer will not itself, nor allow the Relevant Member to admit, compromise, settle or pay any such Third Party Claim or take any other steps which may in any way prejudice the
defence or challenge thereof without the prior written consent of the Seller (such consent not to be unreasonably withheld or delayed), except as may be reasonably required in order to prevent any judgment against the Relevant Member;


  

	 	(iii)	the Buyer will procure that the Relevant Member will permit the Seller at the Seller’s expense to take such reasonable action in the name of the Relevant Member to defend or
otherwise settle the Third Party Claim as the Seller may reasonably require; 

  

	 	(iv)	the Buyer will ensure that the Seller and their representatives are given reasonable access to such Officers and employees, and the documents and records of the Buyer or any Group
Member as may be reasonably required by the Seller in relation to any action taken or proposed to be taken by the Seller under clause 13.5(a)(iii); and 

  

	 	(v)	the Buyer will ensure that neither it nor any Group Member does or causes to be done anything in relation to the Third Party Claim which compromises or prejudices the Seller’s
rights under this clause 13.5(a). 









	 	(b)	The Seller will not be liable to the Buyer for any Claim or Action arising from a Third Party Claim to the extent to which the Buyer does not comply with clause 13.5(a) in all
material respects. 

  

	13.6	Adjustment to Purchase Price 

  
 If any amount is payable or paid by the Seller to the Buyer in respect of a Claim or Action, such amount will be deemed to be a reduction in the Purchase
Price of, to the extent that the Claim or Action is directly attributable to a Hospital Company, the Sale Shares in that Hospital Company. 
  

	13.7	Directors and Employees of the Group 

  
 To the extent permitted by law, the Buyer will not, and will procure that each current and future Related Body Corporate of the Buyer does not, bring or
make any claim, demand, suit, proceeding, action or cause of action against any director or employee of any Seller Group Member (or if Completion does not occur, of any Group Member) in respect of any matter arising out of the sale of the Sale
Shares by the Seller to the Buyer or relating to any financial or other information approved or provided by the director or employee before Completion. 
  

	13.8	Insurance 

  
 From the Completion Date until the Seller ceases to have any Liability for any Claims or Actions under this Agreement, the Buyer must ensure that each
Group Member maintains in respect of the Hospital Business prudent levels of insurance taking into account the nature of the assets and liabilities of the Buyer Group. 
  

	13.9	Seller to indemnify in respect of Contamination or Pollution 

  

	 	(a)	Subject to clause 13.9(b) the Seller indemnifies the Buyer for and on behalf of each Buyer Group Member against all Liabilities incurred or suffered by any Buyer Group Member in
respect of any Contamination at or migrating to or from any Premises or the emission of any Pollution from any Premises, occurring before Completion. 

  

	 	(b)	This clause 13.9 will 

  

	 	(i)	will not apply to the extent that any such Liability arises from a change in the use of the HGB Premises - Group by any Buyer Group Member after Completion;


  

	 	(ii)	not apply to the extent that any such Liability arises from a change in the use of the HGB Premises - Group by any Buyer Group Member after Completion; 

  

	 	(iii)	apply from Completion, in relation to Liabilities incurred or suffered by any Buyer Group Member in respect of any Contamination at or migrating to or from any HGB Premises - Group;


  

	 	(iv)	unless the aggregate of such Liabilities exceeds $3,000,000, in which case, the Seller will only be liable for the amount in excess of $500,000. 

  

	 	(c)	Clause 13.2(n) shall not apply to this clause 13.9. 









	14.	Tax 

  

	14.1	Tax Indemnity 

  
 The Seller indemnifies the Buyer and each Group Member from and against all Tax Claim Amounts suffered or incurred in respect of any Tax Claim.

  

	14.2	Rights of the Buyer Group Members and Enforcement of the Tax Indemnity 

  


	 	(a)	The Seller acknowledges and confirms in favour of the Buyer and each Group Member that the Tax Indemnity given by the Seller is for the benefit of the Buyer and each Group Member.


  

	 	(b)	Each Group Member may enforce its rights in relation to the Tax Indemnity independently from each other and even though not a party to this Agreement. 

  

	14.3	Restrictions on claims under the Tax Indemnity 

  
 The obligations of the Seller under the Tax Indemnity do not apply in respect of a Tax Claim: 
  

	 	(a)	to the extent that the Tax Claim arises from the failure by the Buyer to supply to the Seller on a timely basis information available to any Buyer Group Member which is reasonably
requested by the Seller in relation to a Tax Claim; 

  

	 	(b)	to the extent that the Tax Claim arises from the failure by any Buyer Group Member after Completion, in a timely and appropriate manner, to: 

  

	 	(i)	lodge any return, notice, objection or other document that gives rise to or relates to the Tax Claim; 

  

	 	(ii)	claim all or any portion of any relief, allowance, deduction, credit, rebate or right to repayment which is available to a Buyer Group Member as at Completion to the extent that
information sufficient to make the claim was or might reasonably be expected to have been within the knowledge of any Buyer Group Member; 

  

	 	(iii)	disclose or correctly describe in any return, notice, objection or other document relating to the Tax Claim lodged, given or made after Completion, any fact, matter or thing to the
extent that it was or might reasonably be expected to have been within the knowledge of any Buyer Group Member; or 

  

	 	(iv)	take any action which any Buyer Group Member is required to take under this clause 14 or any laws relating to Tax, or (provided that it does not result in any material disruption to
the Hospital Business) which would have been necessary or appropriate to take in order to prevent the occurrence or existence of grounds for a Tax Claim provided that it has no material adverse effect to the Buyer Group; 

  

	 	(c)	arises as a result of any Buyer Group Member amending after Completion any Tax returns for a period ending on or prior to the Last Accounts Balance Date or changing the basis on
which the income and deductions in relation to such Tax returns was computed (whether such change relates to a period ending before or after the Last Accounts Balance Date) other than in respect of an amendment approved in writing by the Seller
(which approval shall not be unreasonably withheld or delayed provided it does not cause a material adverse effect to the Seller) or as otherwise required by Law; 









	 	(d)	to the extent that the Tax Claim arises as a result of a change to the Tax Act, its interpretation by a Court of Law or its interpretation by the relevant Revenue Authority as set
out in a published ruling or interpretative decision, after Completion that applies to any of the Buyer Group Members; 

  

	 	(e)	to the extent that the Tax Claim arises as a result of the Buyer’s non-compliance with this clause 14 in a material respect; and 

  

	 	(f)	to the extent the Tax Claim is for an amount that has been provided for in the Completion Accounts. 

  

	14.4	Timing of payments 

  
 Payments under the Tax Indemnity must be made to the Buyer (or at the Buyer’s request, to any other Buyer Group Member) by whichever is the later of:

  

	 	(a)	5 Business Days before the latest date on which that payment of Tax may lawfully be made without incurring any penalty, additional tax, interest or general interest charge for late
payment (allowing for any deferrals granted by the Revenue Authority); and 

  

	 	(b)	10 Business Days after the Seller receives notice in writing from the Buyer providing full and accurate particulars of the Tax Claim (with copies certified by the Buyer of all
supporting documentation) sufficient for the Seller to verify the accuracy of the Tax Claim, provided that the Seller does not dispute its liability in respect of the tax claim. 

  

	14.5	Late Payments 

  
 If any sums required to be made by the Seller under or relating to the matters in this clause 14 are not paid on the date specified in clause 14.4 (the
Due Date), then, except to the extent that the Seller’s liability under clause 14.1. compensates the Buyer or the relevant Group Member for the late payment by virtue of it extending to interest, penalties, fines or other costs, such
sums shall bear interest (which shall accrue from day to day after as well as before any judgement for the same) at the Interest Rate, compounded quarterly, from the day following the Due Date up to and including the day of actual payment of such
sums. 
  

	14.6	Notice of Potential Tax Claims and Tax Claims Procedure 

  

	 	(a)	If any Buyer Group Member: 

  

	 	(i)	receives a letter, request, demand, notice, or communication (“communication”); or 

  

	 	(ii)	intends to lodge a self-assessed return that will have effect as a deemed assessment (“return”), 

  
 that may reasonably be related to or give rise to a Tax Claim, the Buyer
must: 
  

	 	(iii)	within 10 Business Days of the receipt of a communication within paragraph (i), inform the Seller and provide a copy of any document received relating to the communication;










	 	(iv)	not later than 20 Business Days before a lodgement of return within paragraph (ii), inform the Seller and provide a copy of the relevant return or parts of the return, and shall
consult in good faith with the Seller concerning the reasons for that return; 

  

	 	(v)	in relation to a communication within paragraph (a)(i), consistently with any applicable statutory obligations, not engage in any discussions, negotiations or confer with any
representatives of the Revenue Authority concerning the communication received without first complying with the requirements of paragraphs (b) and (c) of this subclause. 

  
 If any Buyer Group Member becomes aware of a Tax Claim, whether or not notice has been given under the above the Buyer must
give timely and written notice of it to the Seller. 
  

	 	(b)	The Buyer must ensure that the Seller and its professional advisers have, at the Buyer’s expense, reasonable access to the personnel of the Buyer Group and to any relevant
premises, assets and records within the custody, power, possession or control of any Buyer Group Member to enable the Seller and its professional advisers to examine the communication, return or Tax Claim and records relating to them and to take
copies or photographs of them, at the reasonable expense of the Seller, provided the Seller and its professional advisers give to the relevant Buyer Group Member such undertakings as to confidentiality as the Buyer may reasonably require.


  

	 	(c)	The Buyer must ensure that all Buyer Group Members take any proper and reasonable action that the Seller requests to, as applicable: 

  

	 	(i)	respond to the communication or to make changes to the return in order to give effect to the taxation treatment considered by the Seller to have the greatest likelihood of not
giving rise to a Tax Claim; or 

  

	 	(ii)	avoid, resist, compromise or defend a demand or notice issued by a Revenue Authority which gives rise to the Tax Claim, 

  
 provided the Seller indemnifies the relevant Buyer Group Member against any
reasonable costs or expenses which may be incurred as a result of compliance with the Seller’s request and, in addition, the Seller pays to the Buyer any Tax which is required to be paid to a Revenue Authority to enable such action to be taken.

  

	 	(d)	The action that the Seller may request be taken by any Buyer Group Member in respect of a Tax Claim includes the making of objections and appeals, and administrative law remedies.


  

	 	(e)	Any action requested by the Seller under this clause 14 must be taken in a timely manner. 

  

	 	(f)	If the Buyer becomes aware of a Tax Claim, consistently with any applicable statutory obligations, the Buyer must not, and must ensure that no Buyer Group Member does, engage in any
discussions, negotiations or confer with any representatives of the Revenue Authority concerning the Tax Claim without first complying with the requirements of paragraphs (a), (b) and (c)(ii) of this subclause. 

  

	 	(g)	 If the Seller makes a request under paragraph (c)(ii) regarding the lodgement of a notice of objection, but the Seller and the Buyer are unable to reach agreement
concerning the response to the Tax Claim within sixty (60) Business Days after 











	 	 
the Buyer has notified the Seller of the Tax Claim (or any shorter time required by law for the objection, appeal or administrative law remedy), the Seller
may refer the dispute to an expert (as referred to in clause 14.9(b)), which shall apply to this provision with such modifications as are appropriate. The notice of objection shall then be prepared in the manner considered by the expert to have the
most reasonable prospects of success. 


  

	 	(h)	If: 

  

	 	(i)	an objection duly lodged under this clause is disallowed by the Revenue Authority; or 

  

	 	(ii)	an appeal made, or administrative remedy taken, in accordance with this clause is decided against the interests of the Seller; or 

  

	 	(iii)	the Revenue Authority appeals against a decision given in the interests of the Seller, 

  
 then: 
  

	 	(iv)	the Buyer shall promptly give written notification of the facts and circumstances to the Seller; and 

  

	 	(v)	the Seller may require any Buyer Group Member to make such further appeal, or defence of appeal, or seek such administrative remedy, as it determines, in which case the Seller shall
be entitled, if it wishes, to have the control of any such appeal, remedy or defence and in any event the Buyer shall keep the Seller fully informed of all matters relating thereto and provide copies to the Seller of all documents relating thereto;
and 

  

	 	(vi)	no further appeal, defence or remedy shall be settled or compromised except in accordance with the Seller’s written consent. 

  

	 	(i)	the Seller may only make a request under paragraph (h) if the Seller has obtained an opinion from a senior Indonesian tax adviser that the proposed appeal, remedy or defence has a
reasonable prospect of success. 

  

	14.7	Refunds 

  

	 	(a)	If, following the making of a payment under the Tax Indemnity all or part of the Tax Claim Amount is refunded either in cash or by credit to any Buyer Group Member (including, but
not limited to, any amount or credit received following a successful objection or appeal), the Buyer must immediately pay to the Seller the lesser of the refund and the amount paid under the Tax Indemnity. 

  

	 	(b)	If at any time after the Completion Date any Buyer Group Member receives a refund or credit in respect of any Tax levied in respect of a tax year or part prior to Completion:


  

	 	(i)	the Buyer will, or will procure that the Relevant Buyer Group Member will, as the case may be, immediately pay to the Seller an amount equal to the amount of such refund or credit
(together with any interest paid by the relevant Revenue Authority after an appropriate allowance for tax payable by the relevant Buyer Group Member) to the extent that it has not been included in the Completion Statement or in prior years’
accounts of the Company; and 









	 	(ii)	any such payment by the Buyer under this provision will be by way of, and shall have effect as, a pro rata increase in the purchase price for each Sale Share.


  

	14.8	 	Interest received from a Revenue Authority 

  
 Provided the Seller has complied with clause 14.6(c), to the extent not covered by clause 14.7, if the Buyer Group Member receives an amount of interest
from a Revenue Authority in connection with the refund of a Tax Claim Amount, then the Buyer will pay to the Seller the amount of interest received by the relevant Buyer Group Member less any Tax payable by the relevant Buyer Group Member on that
interest received but only to the extent any payment under this clause 14.8 does not qualify as being tax deductible under the Tax Act in the income year in which a payment under this clause 14.8 is made. 
  

	14.9	 	Expert determination 

  

	 	(a)	If the Seller and the Buyer cannot agree on any amount to be paid under the Tax Indemnity within 60 Business Days of a dispute arising, or within such further time as may be agreed
between them, then the Seller may refer the agreement to an expert with the request that the expert make a decision on the disagreement as soon as practicable after receiving any submissions from the Seller and the Buyer. 


 

	 	(b)	The expert is to be a senior Indonesian tax adviser with over 15 years experience in Tax appointed by the Seller. 

  

	 	(c)	The decision of the expert is to be conclusive and binding on the parties in the absence of manifest error. 

  

	 	(d)	Unless the expert makes a determination regarding costs, the Seller and the Buyer agree to each pay one half of the expert’s costs and expenses in connection with the
reference. 

  

	 	(e)	The expert is appointed as an expert and not as an arbitrator. 

  

	 	(f)	The procedures for determination are to be decided by the expert in its absolute discretion. 

  

	14.10	 	Tax Returns 

  
 The Seller shall be obliged to prepare and lodge with the appropriate Revenue Authority all Tax returns for any periods ending on or prior to the Last
Accounts Balance Date. The Buyer agrees that, in the event such Tax returns have not been lodged prior to the Completion Date it shall provide in a timely manner, such assistance as shall be necessary for the returns to be prepared, signed and
lodged. 
  

	14.11	 	Limits 

  
 None of clauses 13.1 to 13.9 of this Agreement will apply to limit any payment that the Seller is liable to make in respect of a Tax Claim Amount, except
for clauses 13.2(a) and (b) (Buyer insured), 13.2(d)(Loss only compensated once), 13.2(e)(Buyer otherwise compensated),, 13.2(f) (Last Accounts or Completion Statement), 13.2(g) (No indirect or consequential
loss), 13.2(i) (Legislation) 13.2(i)(Buyer’s actions in relation to Tax), 13.4 (Reimbursement for amounts recovered) and 13.6(Adjustment to Umbrella Purchase Price). 








	15.	GST 

  

	15.1	Interpretation 

  
 Except where this Agreement provides otherwise, terms used in this clause have the meanings given to those terms by the GST Act. 
  

	15.2	Reimbursements and similar payments 

  
 Any payment or reimbursement required under this Agreement that is calculated by reference to a cost, expense, or other amount paid or incurred by a party
will be limited to the total cost, expense or amount less the amount of any input tax credit to which an entity is entitled for the acquisition to which that cost, expense or other amount relates. 
  

	15.3	GST payable 

  
 If GST becomes payable by a party to this Agreement (“Supplier”) in relation to any supply that it makes under or in connection with this
Agreement, the parties agree that: 
  

	 	(a)	any consideration provided for that supply under this Agreement other than under this clause 15.3 (as reduced in accordance with clause 15.2 if applicable) or any value deemed for
GST purposes in relation to that supply (“Agreed Amount”) is exclusive of GST; 

  

	 	(b)	an additional amount of consideration will be payable by the party providing consideration for that supply (“Recipient”) equal to the amount of GST payable by the
Supplier in relation to that supply and the additional amount is payable at the same time as any part of the Agreed Amount is to be first provided for that supply; and 

  

	 	(c)	the Supplier will provide a tax invoice to the Recipient in respect of that supply, no later than the time at which the additional amount in respect of that taxable supply is
payable pursuant to clause 15.3(b). 

  
 To the
extent, if any, that consideration for a supply is specified in this Agreement to be inclusive of GST, that consideration shall be excluded from the Agreed Amount for the purposes of this clause 15.3. 
  

	15.4	Variation 

  
 If the GST payable in relation to a supply made by the Supplier under or in connection with this Agreement varies from the additional amount paid by the
Recipient under clause 15.3 such that: 
  

	 	(a)	further GST is payable in relation to the supply; or 

  

	 	(b)	a refund or credit of GST is received in relation to the supply, 

  
 then the Supplier will issue an Adjustment Note and provide a corresponding refund or credit to, or will be entitled to receive the amount of that
variation from, the Recipient. Any payment, credit or refund under this clause is deemed to be a payment, credit or refund of the additional amount payable under clause 15.3. 
  

	15.5	No merger 

  
 This clause shall not merge on Completion. 








	16.	General 

  

	16.1	Further acts 

  
 Each party will promptly do and perform all further acts and execute and deliver all further documents (in form and content reasonably satisfactory to
that party) required by law or reasonably requested by any other party to give effect to this Agreement. 
  

	16.2	Notices 

  
 Any communication under or in connection with this Agreement: 
  

	 	(a)	must be in writing; 

  

	 	(b)	must be addressed as shown below: 

  

	 Name:
	 	Mayne Group Limited
	 Address:
	 	Level 21, 390 St Kilda Road, Melbourne, Victoria, 3004
	 Fax no:
	 	+613 9868 0757
	 For the attention of:
	 	Company Secretary
		
	 Name:
	 	 
	 Address:
	 	C/- Minter Ellison, 88 Philip Street, Sydney NSW 2000
	 Fax no:
	 	+612 9921 8123
	 For the attention of:
	 	Phillip Kapp

  
 (or as otherwise
notified by that party to the other party from time to time); 
  

	 	(c)	must be signed by the party making the communication or (on its behalf) by the solicitor for, or by any attorney, director, secretary, or authorised agent of, that party;


  

	 	(d)	must be delivered or posted by prepaid post to the address, or sent by fax to the number, of the addressee, in accordance with clause 16.2(b); and 

  

	 	(e)	unless there is evidence to the contrary, will be deemed to be received by the addressee: 

  

	 	(i)	(in the case of prepaid post) on the third business day after the date of posting to an address within Australia, and on the fifth business day after the date of posting to an
address outside Australia; 

  

	 	(ii)	(in the case of fax) at the local time (in the place of receipt of that fax) which then equates to the time at which that fax is sent as shown on the transmission report which is
produced by the machine from which that fax is sent and which confirms transmission of that fax in its entirety, unless that local time is a non business day, or is after 5.00 pm on a business day, when that communication will be deemed to be
received at 9.00 am on the next business day; and 

  

	 	(iii)	(in the case of delivery by hand) on delivery at the address of the addressee as provided in clause 16.2(b), unless that delivery is made on a non business day, or after 5.00 pm on
a business day, when that communication will be deemed to be received at 9.00 am on the next business day, 

  
 and where “business day” means a day which is not a Saturday, Sunday or public holiday in the place of receipt of that communication.









	16.3	Expenses 

  
 Except as otherwise provided in this Agreement, each party will pay its own costs and expenses in connection with the negotiation, preparation, execution,
and performance of this Agreement. 
  

	16.4	Stamp duties 

  

	 	(a)	The Buyer will: 

  

	 	(i)	pay all duties, taxes and any related fines and penalties in respect of this Agreement, the performance of this Agreement and each transaction effected by or made under or pursuant
to this Agreement; and 

  

	 	(ii)	indemnify each other party against any liability arising from the Buyer’s failure to comply with clause 15.4(a). 

  

	 	(b)	The Buyer is authorised to make any application for and retain the proceeds of any refund due in respect of any stamp duty paid as contemplated by clause 16.4(a).


  

	16.5	Jurisdiction 

  

	 	(a)	Each party irrevocably submits to the non-exclusive jurisdiction of the courts of the State, and the courts competent to determine appeals from those courts, with respect to any
proceedings which may be brought at any time relating in any way to this Agreement. 

  

	 	(b)	Each party irrevocably waives any objection it may now or in the future have to the venue of any proceedings, and any claim it may now or in the future have that any proceedings
have been brought in an inconvenient forum, where that venue falls within paragraph (a) of this clause. 

  

	16.6	Amendments 

  
 This Agreement may only be varied by a document signed by or on behalf of each of the parties. 
  

	16.7	Assignment 

  

	 	(a)	Subject to clause 15.7(b), a party cannot assign, novate or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of each other
party. 

  

	 	(b)	The Buyer may assign the benefit of any of its rights under this Agreement to: 

  

	 	(i)	[name of financier] (Financier) (for itself and as trustee for the Financiers [and the overdraft bank/agent bank/syndicate banks/revolving credit banks]; or


  

	 	(ii)	any person or persons as trustee and agent for the Financier and/or any other funding institution by way of security for facilities made available to the Buyer for the purposes of
the financing or refinancing of the amounts payable under this Agreement, 








 by way of security for facilities made available to the Buyer for the purposes of the financing or
refinancing of the amounts payable under this Agreement and the Buyer or the Financier or such trustee or agent may also, in the event of enforcement of such security, assign the benefit of the rights hereunder to any purchaser or assignee from the
Financier or such trustee or agent (or any receiver appointed by any of them) who acquires any one or more of the Hospital Companies or all or any part of the Hospital Business provided that such person executes a deed in the form acceptable to the
Seller to be bound by the terms of this Agreement. 
  
 Any
purported transfer, assignment, novation or other dealing of an interest in this Agreement in breach of this provision shall be void.. 
  

	16.8	 	Waiver 

  

	 	(a)	Failure to exercise or enforce or a delay in exercising or enforcing or the partial exercise or enforcement of any right, power or remedy provided by law or under this Agreement by
any party will not in any way preclude, or operate as a waiver of, any exercise or enforcement, or further exercise or enforcement of that or any other right, power or remedy provided by law or under this Agreement. 

  

	 	(b)	Any waiver or consent given by any party under this Agreement will only be effective and binding on that party if it is given or confirmed in writing by that party.


  

	 	(c)	No waiver of a breach of any term of this Agreement will operate as a waiver of another breach of that term or of a breach of any other term of this Agreement.


  

	16.9	 	Consents 

  
 Any consent referred to in, or required under, this Agreement from any party may not be unreasonably withheld, unless this Agreement expressly provides
for that consent to be given in that party’s absolute discretion. 
  

	16.10	 	Counterparts 

  
 This Agreement may be executed in any number of counterparts and by the parties on separate counterparts. Each counterpart constitutes an original of this
Agreement, all of which together constitute one agreement. 
  

	16.11	 	Indemnities 

  

	 	(a)	Each indemnity in this Agreement is a continuing obligation, separate and independent from the other obligations of the parties, and survives termination, completion or expiration
of this Agreement for any reason. 

  

	 	(b)	It is not necessary for a party to incur expense or to make any payment before enforcing a right of indemnity conferred by this Agreement. 

  

	 	(c)	The parties agree that if any payment under an indemnity in this agreement is subject to Tax then such payment (“P”) will be increased in accordance with the
following formula: 

  

	 P x l


	(1 - Tax rate expressed as a decimal amount)









	 	(d)	If any payment under an indemnity in this Agreement would be assessable to the indemnified party but for Tax offset or other relief available to the indemnified party but not
directly related to the payment being made, then the increase referred to in clause 16.12(c) shall be made disregarding the said offset or other relief. For the avoidance of doubt, nothing in this clause 16 limits the indemnities in this Agreement.


  

	16.12	 	Entire agreement 

  
 To the extent permitted by law, in relation to the subject matter of this Agreement, this Agreement: 
  

	 	(a)	embodies the entire understanding of the parties, and constitutes the entire terms agreed on between the parties; and 

  

	 	(b)	supersedes any prior written or other agreement between the parties. 

  

	16.13	 	Confidentiality and public announcements 

  

	 	(a)	Subject to clause 16.13(b) and 16.13(b)(f), each party must keep the terms of this Agreement, and information of which it has become aware in connection with this Agreement,
confidential provided that the clause will not limit the ability of the Buyer and the Group Members to use such information where it relates to the Hospital Business. 

  

	 	(b)	A party may make any disclosure in relation to the terms of this Agreement: 

  

	 	(i)	to any professional adviser, financial adviser, banker, insurance broker, insurer, financier or auditor where that person is obliged to keep the information confidential;


  

	 	(ii)	to the extent necessary to comply with any applicable law, or any mandatory requirement of any regulatory body (including any relevant recognised stock exchange);


  

	 	(iii)	to any of its employees to whom it is necessary to disclose the information; 

  

	 	(iv)	to the extent necessary to obtain the consent of any third party to any term of, or to any act pursuant to, this Agreement; 

  

	 	(v)	to the extent necessary to enforce its rights or to defend any claim or action under this Agreement; 

  

	 	(vi)	to a Related Body Corporate of the party, provided that Related Body Corporate first undertakes to keep the information confidential; or 

  

	 	(v)	where the information has come into the public domain through no fault of that party. 

  

	 	(c)	If this Agreement is terminated, the Buyer will stop using and return to the Seller all information and documents within its control disclosed or provided to it or to any Related
Body Corporate of it or to the directors, secretary or professional advisers of the Buyer or of any such Related Body Corporate in connection with the sale of the Sale Shares. 

  

	 	(d)	 Except as required by applicable law or the requirements of any regulatory body 











	 	 
(including any relevant stock exchange), all press releases and other public announcements in relation to this Agreement must be in terms agreed in writing
by the parties (such agreement not to be unreasonably withheld or delayed). 


  

	 	(e)	The Seller and the Buyer agree that on and from Completion the Confidentiality Deed shall not apply in respect of “Confidential Information”, as defined under the
Confidentiality Deed, which substantially relates to the Hospital Business, the Group or the Sale Shares but in all other respects, the parties acknowledge that the Confidentiality Deed survives this Agreement in accordance with its terms.


  

	 	(f)	Where disclosure is required by applicable law or the requirements of any regulatory body (including any recognised stock exchange) which would otherwise be prohibited by the
Agreement, the party proposing to make such disclosure must give the other parties as much notice as is reasonably practicable in the circumstances of the proposed disclosure and consult in good faith concerning that disclosure.


  

	16.14	 	Privacy 

  

	 	(a)	The Buyer shall, and shall use reasonable efforts to ensure that any of its contractors who have access to Personal Information because of this Agreement shall be, bound by Privacy
Laws in respect of all Personal Information disclosed by the Seller or otherwise collected by the Buyer pursuant to this Agreement. 

  

	 	(b)	The Buyer acknowledges its legal obligations under the Privacy Laws, and will use reasonable endeavours to procure that its contractors who have access to Personal Information
because of this Agreement acknowledge their legal obligations under the Privacy Laws, in respect of all Personal Information provided by the Seller to the Buyer or its contractors pursuant to this Agreement. 

  

	 	(c)	The Buyer undertakes that it will, and will use reasonable endeavours to procure that its contractors who have access to Personal Information because of this Agreement:


  

	 	(i)	promptly follow any reasonable direction of the Seller in relation to Personal Information; 

  

	 	(ii)	only use Personal Information for the primary purpose for which the relevant individuals provided that information, or any secondary purpose permitted by the Privacy Laws, and


  

	 	(iii)	ensure that only authorised personnel have access to Personal Information and all relevant personnel are properly trained to meet the requirements of this clause.


  

	 	(d)	Where the preceding requirements of this clause require the Buyer to communicate with individuals in respect of Personal Information provided by the Seller to the Buyer or its
contractors pursuant to this Agreement, the Buyer shall act in accordance with the Seller’s reasonable directions, in respect of such communications. 

  

	 	(e)	The Buyer will use reasonable endeavours, on request by the Seller, to provide reasonable assistance to the Seller in dealing with any enquiries in relation to Personal Information
provided by the Seller to the Buyer or its contractors pursuant to this Agreement. 









	16.15	 	Survival of certain provisions; no merger 

  

	 	(a)	Clause 16 will survive rescission or termination of this Agreement. 

  

	 	(b)	If this Agreement is rescinded or terminated, no party will be liable to any other party except in respect of any breach of this Agreement occurring before rescission or
termination. 

  

	 	(c)	No right or obligation of any party (including in respect of any warranty or representation, including any Warranty or in respect of any indemnity) will merge on completion of any
transaction under this Agreement. 

  

	 	(d)	All rights and obligations under this Agreement survive the execution and delivery of any transfer or other document which implements any transaction under this Agreement.


  

	17.	 	Restrictive covenant 

  

	17.1	 	Covenants 

  
 The Seller undertakes to the Buyer, and agrees to procure, that neither the Seller nor any Seller Group Member at any time (each a “Prohibited
Person”) will: 
  

	 	(a)	carry on or engage directly or indirectly in a business in Indonesia which is a Day Surgery or requires such Seller Group Member to hold an overnight private hospital bed licence
(“Restricted Business”); 

  

	 	(b)	induce or assist in the inducement of any Senior Management to leave the employment of any Buyer Group Member. 

  

	17.2	 	Duration of covenants 

  
 The undertakings in this clause 17 are given for a period commencing on the Umbrella Completion Date and ending on: 
  

	 	(a)	the fifth anniversary of the Completion Date, in relation to clause 17.1(a); 

  

	 	(b)	the second anniversary of the Completion Date, in relation to clause 17.1(b). 

  

	17.3	 	Geographic application of covenants 

  
 The undertakings given in this clause 17 apply to an activity restrained by this clause 17 only if it occurs within Indonesia. 
  

	17.4	 	Interpretation 

  

	 	(a)	If any of the provisions in this clause 17 is invalid or otherwise unenforceable for any reason, the provision shall be read down or otherwise amended to the extent necessary so
that it is valid and enforceable. 

  

	 	(b)	The invalidity or unenforceability of any provision in this clause 17 shall not affect the validity or enforceability of any of the other provisions in this clause 17.


  

	17.5	 	Exceptions 

  
 Nothing in clause 17 restricts: 
  

	 	(a)	the activities of a Prohibited Person carried out pursuant to this Agreement; 









	 	(b)	a Prohibited Person holding not more than 5% of the shares of a listed company; 

  

	 	(c)	the acquisition by a Prohibited Person of a business or any interest in a business where less than 20% of its revenue is generated by a Restricted Business; or


  

	 	(d)	recruitment of any person as a response to a newspaper, web page or other public employment advertisement. 

  

	17.6	Acknowledgments 

  
 The Seller acknowledges that: 
  

	 	(a)	all the prohibitions and restrictions contained in this clause 17 are reasonable in the circumstances and necessary to protect the goodwill of the companies and businesses to be
transferred pursuant to this Agreement; 

  

	 	(b)	damages may not be an adequate remedy if there is a breach or a potential breach by a Prohibited Person of its obligations under clause 17; and 

  

	 	(c)	if a breach by a Prohibited Person of its obligations under clause 17 occurs, is threatened or in the opinion of the Buyer is likely, the Buyer is immediately entitled to apply for
injunctive relief. 








 EXECUTED AS AN AGREEMENT: 
  


	Signed for and on behalf of Mayne Group Limited ABN 56 004 073 410 by its Attorneys under Power of Attorney dated 30 January 2002 each of whom declares that
he or she holds the office in Mayne Group Limited indicated under his or her signature and that he or she has no notice of revocation of the Power of Attorney	 	 	 	 Mayne Group Limited
 ABN
56 004 073 410 by
 its Attorneys.
  

	 	 	 	 /s/ STUART BRUCE JAMES


	 	 	 	 Signature of Attorney
  

	 	 	 	 STUART BRUCE JAMES


	 	 	 	 	Name of Attorney in full
			
	 	 	 	 	 DIRECTOR


	 	 	 	 	Office
			
	 	 	 	 	 /s/ PAUL ANDREW [ILLEGIBLE]


	 	 	 	 	Signature of Attorney
			
	 	 	 	 	 PAUL ANDREW [ILLEGIBLE]


	 	 	 	 	Name of Attorney in full
			
	 	 	 	 	 CHIEF FINANCIAL OFFICER


	 	 	 	 	Office









	Signed sealed and delivered for and on behalf of Australian Newco Holdings Pty Limited ACN 106 722 347 by its Attorney under a Power of Attorney dated 20
October 2003, and the Attorney declares that the Attorney has not received any notice of the revocation of such Power of Attorney, in the presence of:	 	 	 	 /s/ Philip Kapp


	 	 	 	 Signature of Attorney

			
	 /s/ Kate Jordan

	 	 	 	 Philip Kapp


	 Signature of Witness
	 	 	 	 Name of Attorney in full

			
	 Kate Jordan

	 	 	 	 
	 Name of Witness in full
	 	 	 	 








 Schedule 1 
 Hospital Companies and Subsidiaries 
  
 Hospital Companies

  

	1.	PT Health Care of Surabaya 


	2.	PT Putramas Muliasantosa 


	3.	PT Mitrajaya Medikatama 








 Schedule 2 
 Sale
Shares 
  

	 Hospital Company

	  	 Registered Holder and
 Lawful Owner

	  	Total issued
shares

	  	Class

	  	Percentage
of total
issued share
capital

	 
	 PT Health Care of Surabaya
	  	Mayne Group Limited	  	14,355,000	  	Ordinary	  	99	%
	  	PT Ready Indah	  	145,000	  	Ordinary	  	1	%
					
	 PT Putramas Muliasantosa
	  	Mayne Group Limited	  	8,479,146	  	Ordinary	  	60	%
	  	PT Health Care of Surabaya	  	4,946,168	  	Ordinary	  	35	%
	  	PT Ekabinanusa Yamasela Indonesia	  	706,596	  	Ordinary	  	5	%
					
	 PT Mitrajaya Medikatama
	  	Mayne Group Limited	  	1	  	Ordinary	  	0.001	%
	  	PT Putramas Muliasantosa	  	99,999	  	Ordinary	  	99.999	%








 Schedule 3 
 Seller’s Guarantees 
  
 Nil 







 Schedule 4 
 Intellectual Property 
  
 Part A - Intellectual Property
Rights - Group 
  

	 Mark/Device

	  	Country

	  	Appln
No.

	 	 Proprietor

	  	Status

	 	Class


	 RS Mitra Internasional (Words)
	  	Indonesia	  	533506	 	Putramas	  	Registered	 	44
					
	Part B - Trade Marks - Excluded	  	 	 	 	  	 	 	 
						
	 Mark/Device

	  	Country

	  	Appln
No.

	 	 Proprietor

	  	Status

	 	Class


	 Mayne name
	  	All	  	[]	 	[]	  	[]	 	[]
	 Mayne Red dot logo
	  	All	  	857106	 	Mayne Nickless limited	  	Registered	 	35, 39, 42
	 HCOA logo
	  	Indonesia	  	401818	 	Mayne Nickless Limited	  	Registered	 	42
	 WESTERN DIAGNOSTIC logo
	  	 Indonesia
	  	 401701
	 	 Mayne Nickless Limited
	  	 Registered
	 	 42

	 Stonehenge logo
	  	Indonesia	  	402063	 	Mayne Nickless Limited	  	Registered	 	39
	 MAYNE NICKLESS LOGISTICS (Words)
	  	Indonesia	  	402760	 	Mayne Nickless Limited	  	Registered	 	39
	 MAYNE NICKLESS (Words)
	  	Indonesia	  	409259	 	Mayne Nickless Limited	  	Registered	 	42
	 MAYNE NICKLESS & HCOA logo
	  	Indonesia	  	409260	 	Mayne Nickless Limited	  	Registered	 	42
	 MAYNE NICKLESS & Stonehenge logo
	  	Indonesia	  	409261	 	Mayne Nickless Limited	  	Registered	 	42
	 MAYNE NICKLESS & WESTERN DIAGNOSTICS logo
	  	Indonesia	  	409288	 	Mayne Nickless Limited	  	Registered	 	42
	 Mayne in Circle logo
	  	Indonesia	  	509662	 	Mayne Nickless Limited	  	Registered	 	35
	 Mayne in Circle logo
	  	Indonesia	  	509663	 	Mayne Nickless Limited	  	Registered	 	39
	 Mayne in Circle logo
	  	Indonesia	  	509664	 	Mayne Nickless Limited	  	Registered	 	42








 Schedule 5 
 Particulars of Properties 
  
 Part A – HGB Premises -
Group 
  

	I.	PTHCS 

  

	 No.

	  	 Certificate No./
 Date/Validity

	 	 Area/Location

	 	 Measurement Letter/
 Situation Map


	 1.
	  	HGB 329/, under the name of PTHCS, issued on 3 June 1993 and will be valid until 11 September 2012	 	17,120 sqm, located at jln. Nginden Intan Barat, Blok Bm Kecamatan Sukolilo, Keluarahan Nginden Jangjungan.	 	Measurement Letter No.3513/1993 datedl7 March 1993

  

	II.	Medikatama 

  

	 No.

	  	 Certificate No./
 Date/Validity

	  	 Area/Location

	  	 Measurement Letter/
 Situation Map


	 1.
	  	HGB 3552/Pondok Aren, under the name of Medikatama, dated 24 July 1998 and will be valid until 24 July 2015	  	 2,905 sqm, located at
 Block B-03 No.01
CBD,
Pondok Aren, Tangerang,
West Java
	  	 Measurement Letter
 No. 12923 dated 8 June
1998

				
	 2.
	  	HGB 3553/Pondok Aren, under the name of Medikatama, dated 24 July 1998 and will be valid until 24 July 2015	  	855 sqm, located at
Block B-03 No.01 CBD,
Pondok Aren, Tangerang,
West Java	  	 Measurement Letter
 No. 12924 dated 8 June
1998

				
	 3.
	  	HGB 3554/Pondok Aren, under the name of Medikatama, dated 24 July 1998 and will be valid until 24 July 2015	  	 2,755 sqm, located at
 Block B-03 No.01
CBD,
Pondok Aren, Tangerang,
West Java
	  	Measurement Letter
No. 12925 dated 8 June 1998
				
	 4.
	  	HGB 3556/Pondok Aren, under the name of Medikatama, dated 24 July 1998 and will be valid until 11 March 2023	  	810 sqm, located at
Block B-03 No.01 CBD,
Pondok Aren, Tangerang,
West Java	  	 Measurement Letter
 No. 12927 dated 8 June
1998

				
	 5.
	  	HGB 3559/Pondok Aren, under the name of Medikatama, dated 24 July 1998 and will be valid until 11 March 2023	  	 185 sqm, located at
 Block B-03 No.01
CBD,
Pondok Aren, Tangerang,
West Java
	  	Measurement Letter
No. 12930 dated 8 June 1998









	 No.

	  	 Certificate No./
 Date/Validity

	  	 Area/Location

	  	 Measurement Letter/
 Situation Map


	 6.
	  	HGB 3560/Pondok Aren, under the name of Medikatama, dated 24 July 1998 and will be valid until 11 March 2023	  	 1,075 sqm, located at
 Block B-03 No.01 CBD,
Pondok Aren, Tangerang, West Java
	  	 Measurement Letter
 No. 12931 dated 8 June
1998

				
	 7
	  	Two parcels of HGB land which are in the process of title certificate splitting and transfer to PT Mitrajaya Medikatama – based on Statement Letter issued by PT Jaya Property
dated 23 May 2001	  	 1765 sqm and 1325 sqm located at Blok CBD/B3
 No. 01 Kawasan Niaga Bintaro Jaya Sektor VII.
	  	 

  

	III.	Putramas 

  

	 No.

	  	 Certificate No./
 Date/Validity

	  	 Area/Location

	  	 Measurement Letter/
 Situation Map


	 1.
	  	 HGB certificate
 No. 1080/Balimester, under
the name of Putramas, dated 21 April 1998, valid until 21 April 2018
	  	640 m2, located in Desa Balimester, Kecamatan
Jatinegara, East Jakarta, DKI Jakarta Province	  	 Measurement Letter
 No. 05/1998 dated 2 April
1998

				
	 2.
	  	 HGB certificate
 No. 573/Balimester, under
the name of Putramas, dated 6 April 1981, valid until 30 November 2000.
	  	905 m2, located in Kelurahan Balimester,
Kecamatan Jatinegara, East Jakarta	  	 Measurement Letter
 No. 29/1980 dated 20
March 1980

				
	 4.
	  	 HGB certificate
 No. 1111/Balimester, under
the name of Putramas dated 26 June 2001, valid until 25 June 2021.
	  	905 m2, located in Kelurahan Balimester,
Kecamatan Jatinegara, East Jakarta, DKI Jakarta Province	  	 Measurement Letter
 No. 13/2001 dated 25 June
2001

				
	 5.
	  	 HGB certificate
 No. 810/Balimester, under
the name of Putramas dated 3 May 1988, valid until 28 April 2006
	  	341 m2, located in Kelurahan Balimester,
Kecamatan Jatinegara, East Jakarta	  	 Measurement Letter
 No. 28/1980 dated 20
March 1980


  








	 No.

	  	 Certificate No./
 Date/Validity

	  	 Area/Location

	  	 Measurement Letter/
 Situation Map


	 6.
	  	 HGB certificate
 No. 843/Balimester, under
the name of Putramas, dated 1 August 1987, valid until 19 July 2007
	  	1,797 m2, located in Kelurahan Balimester,
Kecamatan Jatinegara, East Jakarta	  	Situation Map No. 246/1987 dated 14 January 1987
				
	 7.
	  	 HGB certificate
 No. 1030/Balimester, under
the name of Putramas, dated 14 August 1996, valid until 14 August 2016
	  	326 m2, located in Desa Balimester, Kecamatan
Jatinegara, East Jakarta, DKI Jakarta Province	  	Situation Map No. 6192/1995 dated 26 October 1995
				
	 8.
	  	HGB certificate
No. 1078/Balimester, under the name of Putramas, dated 2 March 1998, valid until 2 March 2018	  	825 m2, located at Jl. Raya Jatinegara Timur No.
83, Desa Balimester, Kecamatan Jatinegara, East Jakarta, DKI Jakarta Province	  	Situation Map No. 6191/1995 dated 26 October 1995

  
 Part B – Leased Premises -
Group 
  

	1.	Medikatama 

  

	 No.

	  	 Name/Date of the
 Agreement/Validity

	  	 Parties

	  	 Object/Purpose


	 1.
	  	Lease Agreement dated 1 February 2003, valid from 1 February 2003 until 31 January 2004	  	Medikatama (Lessee) and Roisatun (Lessor)	  	A building located at Jl. Pondok Aren Raya No.89, Tangerang, in the area of 32 sqm, for warehouse.
				
	 2.
	  	Deed of Lease Agreement No.l dated 6 September 2002, made before Mrs. Ayni Suwarni Herry, SH, Notary in Tangerang, valid from 6 September 2002 until 3  September
2005	  	Medikatama (Lessee) and Rusmiati (Lessor)	  	A building located at Jl. Al-Hidayah No. 62, RT 001/RW 02, Kelurahan Pondok Jaya, Kecamatan Pondok Aren, Tangerang, built on plot of land under Hak Milik Land Title No.69/Pondok Jaya
in the area of 359 sqm, for dormitory for employees.
				
	 3.
	  	 Lease Agreement
 No. PT/MM/L/002/II/02 dated
8 February 2002, valid from 1 February 2002 until 1 February 2004
	  	Medikatama (Lessee) and Bonny Eka Dewi (Lessor)	  	A building located at Jl. Mandar 21 Block DD XIII No. 43, Sector 6, Bintaro Jaya, Tangerang, for dormitory for employees.









	2.	Putramas 

  

	 No.

	  	 Name/Date of the
 Agreement/Validity

	  	 Parties

	  	 Object/Purpose


	 1.
	  	 Deed of Lease Agreement
 No. 58 dated 15
September 2003, made before Aulia Taufani, SH, substitute of Sutjipto, SH, Notary in Jakarta, valid from 1 October 2003 until 1 October 2004.
	  	 Putramas (Lessee) and
 Mr. Indra Agus
(Lessee)
	  	A house located at Jl. Ampera Raya No.50 E, South Jakarta, built on plot of land under Hak Milik Land Title No.876 dated 5 May 1988, for residential purposes.
				
	 2.
	  	Deed of Lease Agreement No.l dated 1 April 2003, made before Tjong Trisnawaty, SH, Notary in Jakarta, valid from 15 April 2003 until 15 April 2005.	  	Putramas (Lessee) and Adriaan Sudharmanto Nafarin (Lessor)	  	Buildings located at Jl. Basuki Rahmat No.8 C and D, built on plots of land under Hak Milik No.482/Balimester and Hak Milik No.483/Balimester, each in the area of 68 sqm, for place
of business.
				
	 3.
	  	Lease Agreement, undated, valid from 29 July 2002 until 28 July 2004.	  	Putramas (Lessee) and PT Dewata Wibawa (Lessor)	  	Apartment Unit at Four Seasons Regent Residences, Tower II, Floor 23, Unit No. C located at Jalan Setiabudi Tengah, Jakarta 12910.
				
	 4.
	  	Lease Agreement Menara Dea dated 26 April 2002, valid from 1 July 2002 until 30 June 2005.	  	Putramas (Lessee) and PT Suryamas Centra Perkasa	  	Menara Dea Building, MZ Floor zone A, in the area of 200, 69 sqm (inclusive of public area), located at Jalan Mega Kuningan Barat Kav. E.4.3 No.l, Kawasan Mega Kuningan, Jakarta
Selatan.

  







 Schedule 6 
 Seller’s Warranties 
  

	1.	Share capital 

  

	 	(a)	(Entire issued share capital) The Sale Shares, the shares in PT Health Care of Surabaya held by PT Ready Indah and the shares in PT Putramas Muliasantosa held by PT
Ekabinanusa Yamasela and PT Health Care of Surabaya and the shares in PT Mitrajaya Medikatama held by PT Putramas Muliasantosa comprise the entire issued share capital in the respective Hospital Companies. 

  

	 	(b)	(Fully paid up) The Sale Shares and the other shares referred to in paragraph (a) are all fully paid up and were all validly issued. 

  

	 	(c)	(Third Party Rights) Other than under the Option, no person has any right or option to subscribe for or to otherwise acquire any further shares in any Hospital
Company. 

  

	 	(d)	(Title) The Seller is the registered holder and lawful owner of the Sale Shares they are selling, free of any Encumbrance, and the Seller has complete and unrestricted power
and right to sell, assign and transfer the same to the Buyer. 

  

	 	(e)	(Convertibles and other third party rights) Other than the Ekabinanusa Loan Security or under the relevant Articles of Association, there are no:


  

	 	(i)	securities convertible into shares in the Hospital Companies; 

  

	 	(ii)	options or other entitlements: 

  

	 	A.	over the Sale Shares; or 

  

	 	B.	to have shares in the Hospital Companies issued; or 

  

	 	(iii)	restrictions on the transfer of Sale Shares. 

  

	 	(f)	(Group) The information in Schedule 1 and Schedule 2 about the Hospital Companies is true and correct. 

  

	2.	Capacity and authority 

  

	 	(a)	(Incorporation) The Seller is properly incorporated and validly existing under the laws of Australia. 

  

	 	(b)	(Power and authority) The Seller has the legal right and full corporate power in its own right to enter into and perform this Agreement, has duly authorised the execution of
this Agreement and has obtained all necessary consents and taken all necessary action required otherwise to enable it to do so. 

  

	 	(c)	(Legal obligations) This Agreement constitutes a valid, legal and binding obligation of the Seller enforceable in accordance with its terms by appropriate legal remedy.


  

	 	(d)	(No consequential breach) As far as the Seller is aware, the entry into and performance of this Agreement, or any transaction or document required by the terms of this
Agreement to be entered into, by the Seller does not and will not: 

  

	 	(i)	result in a material breach under any material agreement (other than any contract for the supply of consumables or services) to which the Seller is party; 









	 	(ii)	result in a material breach of any provision of the Articles of Association of the Seller; or 

  

	 	(iii)	result in a material breach of any order, judgement or decree of any court or Governmental Agency to which the Seller is a party or by which the Seller is bound.


  

	 	(e)	(No insolvency events) No: 

  

	 	(i)	meeting has been convened, resolution proposed, petition presented or order made for the winding up of the Seller; 

  

	 	(ii)	receiver, receiver and manager, provisional liquidator, liquidator or other officer of the Court has been appointed in relation to all or any material asset of the Seller;


  

	 	(iii)	mortgagee or chargee has taken, attempted or indicated an intention to exercise its rights under any security of which the Seller is the mortgagor or charger; or


  

	 	(f)	(Not insolvent) The Seller: 

  

	 	A.	is not insolvent within the meaning of the Corporations Act; 

  

	 	B.	has not stopped paying its debts as and when they fall due; and 

  

	 	C.	is not subject to voluntary administration under Part 5.3A of the Corporations Act. 

  

	3.	Conduct of Hospital Business 

  

	 	(a)	(Necessary licences) As far as the Seller is aware, every Group Member holds all of the licences, consents, authorisations and permits which are material for the proper
carrying on of the Hospital Business and the use of the Premises and has not been served with any notice issued under Law, that any such licence, consent, authorisation or permit held by them will be revoked, suspended, modified or not renewed.


  

	 	(b)	(Materially adverse actions, omissions or statutory notices) As far as the Seller is aware, neither the Seller nor any Group Member has received any written notice which
remains outstanding from any Governmental Authority affecting or relating to or which may affect or relate to the Hospital Business which is likely to give rise to any material adverse consequences to the Hospital Business. 


 

	4.	Last Accounts 

  

	 	(a)	The Last Accounts and the associated profit and loss statement contained in Part B of Schedule 11 constitute the Indonesian audited accounts for each Hospital Company expressed in
Rupiah aggregated by the Seller, conformed to Australian GAAP and expressed in Australian dollars using the Exchange Rate. 

  

	 	(b)	The Last Accounts give a true and fair view of the assets, liabilities and financial position of the Hospital Companies as at 30 June 2003 and 30 June 2002 and their profit and
performance for the years then ended in conformity with the accounting principles generally accepted in Australia. 









	 	(c)	The Management Accounts (being the management accounts for the Hospital Business provided to the Seller by the Buyer for each completed month prior to Completion from the Last
Accounts Balance Date) in all material respects reflect the financial position of the Hospital Business for the period for which they were prepared and have been prepared in good faith, applying in all material respects the same accounting
principles consistently with the way they were applied in preparing the Last Accounts except that: 

  

	 	(i)	third party valuations of assets and provisions including for some medical malpractice, workers compensation and the carrying value of fixed assets, have not been carried out in
preparing the Management Accounts; and 

  

	 	(ii)	a Tax review has not been carried out in preparing the Management Accounts. 

  

	5.	Period since Last Accounts Balance Date 

  

	 	(a)	(No material change) On and from the “Last Accounts Balance Date” there has not been: 

  

	 	(i)	any material adverse change to the financial condition of the Hospital Business from that shown in the Last Accounts; or 

  

	 	(ii)	any material change in the nature, amount, valuation or basis of valuation of the assets or in the nature or amount of any liabilities of the Hospital Business.


  

	 	(b)	(No substantial impact) On and from the Last Accounts Balance Date there has not arisen any item, transaction or event of a material or unusual nature likely to affect
substantially the Hospital Business. 

  

	 	(c)	(Ordinary course) As far as the Seller is aware, on and from the Last Accounts Balance Date the Group Members have carried on the Hospital Business in the ordinary course, no
asset has been acquired or disposed of or dealt with nor has it entered into any agreement or option to acquire or dispose of any Assets except in the ordinary course of business, no Liability has been incurred except in the ordinary course of
business, and no contingent liability has been incurred by any Group Member except in the ordinary course of business. 

  

	6.	Commitments and Contracts 

  

	 	(a)	(Material contracts in ordinary course) As far as the Seller is aware, no Group Member is party to any material contract or material commitment which is outside the ordinary
course of business or which is otherwise not on arms length terms. 

  

	 	(b)	(No breach of material contracts) As far as the Seller is aware, there are no material contracts in respect of which any Group Member or any other party is in material breach
or default or, but for the requirements of notice or lapse of time or both, would be in breach or default nor has any Group Member or any third party waived any material breach or default by any other party under any such contract.


  

	 	(c)	(Tenders) No material offer, tender, quotation or the like given or made by any Group Member is capable of giving rise to a contract merely by any unilateral act of a third
party, other than in the ordinary course of business. 









	7.	Superannuation and staff 

  

	 	(a)	(Compliance with superannuation commitments) As far as the Sellers are aware, the Seller has materially complied, and until the Completion Date will continue to materially
comply, with all of its Superannuation Commitments in relation to the Expatriate Employees. 

  

	 	(b)	(No increase in commitments prior to completion) Unless required by legislation to do so, the Seller will not increase its Superannuation Commitments in relation to the
Expatriate Employees between the date of this Agreement and the Completion Date without the written consent of the Buyer. 

  

	8.	Tax 

  

	 	(a)	As far as the Seller is aware, the Group has duly complied with all material obligations imposed by and provisions of the Tax Act and the other requirements and obligations in
respect of Taxes. 

  

	 	(b)	As far as the Seller, no member of the Group has made a false or misleading statement which is material, and there is no unresolved dispute which is material, with any Governmental
Authority, in respect of Tax. 

  

	 	(c)	As far as MGL is aware, the Group has (in all material respects) maintained accurate records of all information required to support all Tax returns and information which has been or
may be filed, lodged or submitted to any Revenue Authority. 

  

	9.	Litigation 

  

	 	(a)	(No material proceedings) Except as disclosed in Schedule 16: 

  

	 	(i)	no Group Member is engaged in any prosecution, litigation, mediation or arbitration proceedings which are material; and 

  

	 	(ii)	as far as the Seller is aware, no such proceedings is pending or threatened in any written communication given or addressed to and received by any Group Member.


  

	 	(b)	(Notification) As far as the Seller is aware, any act, omission or incident which may give rise to any material Claim or Liability has been notified to MGL’s insurer
pursuant to any relevant insurance policy. 

  

	 	(c)	(No unsatisfied judgements) Except as disclosed in Schedule 16, as far as the Seller is aware, there are no material unsatisfied judgements, awards, claims or damages
against a Group Member. 

  

	 	(d)	(No major material proceedings commenced) Except as disclosed in Schedule 16, no prosecution or litigation has been commenced against any Group Member which:


  

	 	(i)	has Good Prospects of Success; and 









	 	(ii)	if successful in respect of any of those elements of a prosecution or litigation which have Good Prospects of Success, is likely to affect substantially the Hospital Business.


  
 For the purposes of this paragraph (d), a
prosecution or litigation (or element of such prosecution or litigation) has “Good Prospects of Success” if, in the opinion of a Queen’s Counsel nominated by the President of the Law Institute of Victoria, the prosecution or
litigation (or element thereof) has a greater than 70% chance of being successful. 
  

	10.	Intellectual property 

  

	 	(a)	(Ownership) As far as the Seller is aware, all Intellectual Property Rights described in Schedule 4 are: 

  

	 	(i)	legally and beneficially vested in a Group Member; 

  

	 	(ii)	have not been infringed or are not presently being infringed; and 

  

	 	(iii)	not subject to any licence, authority or encumbrance in favour of any third party. 

  

	 	(b)	(Intellectual Property Rights) As far as the Seller is aware, the Intellectual Property Rights described in Schedule 4 comprise all of the material registered Intellectual
Property Rights used by the Group Members in the conduct of the Hospital Business immediately prior to the date of this Agreement (other than the Trade Marks - Excluded). 

  

	 	(c)	(Cancellation or renewal) As fas as the Seller is aware, there are no facts or circumstances that would render any of the Intellectual Property Rights described in Schedule 4
that are registered liable to cancellation or that would cause registration not to be renewed. 

  

	 	(d)	(Infringing use) As far as the Seller is aware, the Group’s use of the Intellectual Property Rights described in Schedule 4 in the conduct of the Hospital Business does
not infringe the rights of any third party. 

  

	11.	Premises 

  

	 	(a)	(Accurate description) Schedule 5 lists all the material premises owned, leased or occupied by Group Members for the purposes of the Hospital Business.


  

	 	(b)	(All information provided) Details of all material documentation pursuant to which the Premises are owned or occupied by the Group Members have been provided to the Buyer.


  

	 	(c)	(Only Premises used) The Premises are the only land and buildings owned or occupied by the Group Members in connection with the Hospital Business which are material.


  

	 	(d)	(Government orders) As far as the Seller is aware, there is no order, declaration, report, recommendation or approved proposal of a Governmental Authority which would
materially adversely affect the use of any of the Premises in connection with the Hospital Business in any material respect. 









	 	(e)	(No adverse notices) No notices issued under Law have been served on the Group: 

  

	 	(i)	in respect of the compulsory acquisition or resumption of any part of any of the HGB Premises-Group; or 

  

	 	(ii)	asserting that the current use of any of the premises breaches the requirements of any relevant planning scheme. 

  

	 	(f)	(No default notice on Leases) As far as the Seller is aware, no Group Member has received a notice of a material default in respect of any material Leased Premises - Group
and which remains outstanding and there is no circumstance which would lead to a notice of that type being received. 

  

	 	(g)	(No termination notice on Leases) As far as the Seller is aware, no Group Member has given or received a notice of termination or intended termination of any or all of the
material Leases. 

  

	 	(h)	(No restrictive covenant) As far as the Seller is aware, the HGB Premises-Group are not subject to any restrictive covenant or exception or reservation which materially
adversely affects its use (including without derogation, its use for the purposes of carrying on the Hospital Business). 

  

	 	(i)	(HGB Premises - Group): 

  

	 	(i)	In relation to HGB Premises - Group, the Group Member listed in Part A of Schedule 5 of this Agreement is the registered and beneficial owner. 

  

	 	(ii)	No Group Member has sold, agreed to sell, granted any option to sell, any of the HGB Premises - Group or granted any material option to lease or material sublease or agreed to enter
into a material lease or material sublease any of the HGB Premises - Group (except as disclosed in the Disclosure Material). 

  

	 	(j)	(Leasehold Premises - Group): 

  

	 	(i)	The written copies of the Leases which have been provided to the Buyer are accurate recordings of their material terms and there are no other material agreements, documents, or
understandings in relation to the Leases; 

  

	 	(ii)	The Leases in the Disclosure Material have not been varied in any material respect or terminated; 

  

	 	(iii)	The Group Members have not agreed to any material assignment, subletting, parting with possession or surrender of a Lease or any part of the property leased (except as disclosed in
the Disclosure Material); 

  

	 	(iv)	There is no material dispute with any authority having jurisdiction over the property the subject of a Lease. 

  

	12.	Environment 

  

	 	(a)	As far as the Seller is aware, there is no Contamination: 

  

	 	(i)	present in, on or under the HGB Premises-Group; 

  

	 	(ii)	in, on or under any other part of the Environment which has originated or emanated from the HGB Premises-Group, 








 in respect of which remediation is required to be carried out under Environmental Law during their
continuing use and operation for the purposes of that part of the Hospital Business presently conducted by the Group on and from the HGB Premises-Group. 
  

	 	(b)	As far as the Seller is aware, each Group Member complies with all material Environmental Laws applicable to the conduct and operation of the Hospital Business.


  

	 	(c)	(Environmental permits) As far as the Seller is aware, each Group Member holds all material Environmental Permits necessary for the conduct and operation of the Hospital
Business. 

  

	 	(d)	(No orders) As far as the Seller is aware, there are no notices, orders or directions issued by any Governmental Authority received by any Group Member alleging breach of
Environmental Law or requiring Remediation to be carried out at any of the Premises, and there are no Third Party Environmental Claims, which have not been satisfied in all material respects. 

  

	13.	Not used 

  

	14.	Disclosure Material 

  
 (All information true and accurate): As far as the Seller is aware, other than: 
  

	 	(a)	any budgets, estimates, statements of opinion, forecasts or other forward looking statements; and 

  

	 	(b)	the Last Accounts, any management accounts, the Information Memorandum and all verbal answers to requests for information, 

  
 the information contained in the Disclosure Material is true and accurate in
all material respects and not misleading as at the date it bears, taking into account the purpose for which it was prepared and the basis on which it was prepared. 
  

	15.	Insurance 

  

	 	(a)	The Scheduled Insurances represent all contracts of insurance and indemnity in force in respect of the Hospital Business, the Premises and the material assets of the Group of an
insurable nature. 

  

	 	(b)	As far as the Seller is aware, each of the Scheduled Insurances is in force and there is no fact or circumstance which would lead to any of them being prejudiced. None of the
contracts of insurance and indemnity will be terminated or cease to have effect as a result of the transactions contemplated by the Transaction Agreements. 

  

	 	(c)	All premiums in respect of the Scheduled Insurances will have been paid up to the Completion Date. 

  

	 	(d)	As far as the Seller is aware, there are no material claims made but unpaid under the Scheduled Insurances. 

  

	 	(e)	As far as the Seller is aware, the Seller has not failed to give any notice or present any claim under any of the Scheduled Insurances. 









	 	(f)	The Seller has at all relevant times been insured in connection with the Hospital Business to a prudent level taking into account the nature of the assets and liabilities of the
Hospital Business. 

  

	16.	Employees 

  

	 	(a)	No Group Member has made any contract, arrangement, understanding or representation (whether written or oral) under which one or more Employees, contractors or agents will or may be
entitled to any benefit (monetary or otherwise) from the Group or a Hospital Business as a result of the transactions contemplated by the Transaction Agreements. 

  

	 	(b)	As far as the Seller is aware, the Group Members have complied with and continue to comply with all material obligations arising under law, equity, statute (including occupational
health and safety, annual leave, long service leave, equal opportunity, anti-discrimination, taxation, superannuation, workers compensation and industrial laws), award, enterprise agreement or other instrument made or approved under any law with
respect to its Employees. 

  

	 	(c)	As far as the Seller is aware, except as set out in the Disclosure Material, there are no awards, enterprise agreements made or approved under law which apply to Employees.


  

	 	(d)	There are no contracts, arrangements or understandings in place under which any Employee is entitled to receive, in the next 12 months, an increase in remuneration in excess of 20%
of their current remuneration. 

  

	17.	Assets 

  
 As far as the Seller is aware, the Group Members own or have the right to use all the material assets that are required to conduct the Hospital Business.

  
 None of the Group Members has any interest in any entity
(except another Group Member). 







 Schedule 7 
 Buyer’s Warranties 
  

	(a)	The Buyer has been duly incorporated and is validly existing with the legal right and full corporate power and authority to enter into this Agreement and to perform its obligations
hereunder. 

  

	(b)	All resolutions, authorities and consents required to enable the Buyer to enter into this Agreement have been passed or obtained and, subject thereto, this Agreement is therefore a
fully valid and binding obligation enforceable against the Buyer in accordance with its terms. 

  

	(c)	No receiver, receiver and manager or administrator of the undertaking of the Buyer or of the whole or material part of any of its assets have been appointed, nor has any judgment
been obtained nor any execution or process of any Court or other authority been issued against or been levied or enforced on the Buyer in respect of the whole or any material part of its business or assets. 

  

	(d)	No petitions for the winding up of the Buyer have been presented, and no orders have been made or effective resolutions passed for the winding up of the Buyer, nor proceedings
instituted, or a meeting or meetings called with a view to obtaining any such order or orders or to pass any such resolution or resolutions. 

  

	(e)	Except as expressly provided in this Agreement, the execution, delivery and performance by the Buyer of this Agreement requires no action by or in respect of, or filing with, any
governmental body, agency, official or authority. 

  

	(f)	The Buyer is not aware of any of the Warranties not being true and accurate nor is it aware that it is reasonably likely that any of the Warranties will not be true and accurate.


  

	(g)	The entry into and performance of this agreement by the Buyer does not and will not: 

  

	 	(i)	result in a breach of or constitute a default under any agreement to which the Buyer is party; 

  

	 	(ii)	result in a breach of any provision of the constituent documents of the Buyer; or 

  

	 	(iii)	result in a breach of any Law, order, judgment or decree of any court or governmental agency to which the Buyer is a party or by which the Buyer is bound. 








 Schedule 8 
 Not
Used 







 Schedule 9 - Not used 







 Schedule 10 
 Expatriate Employees 
  
 Seller Group Member employees
employed exclusively in the Hospital Business as date of Agreement 
  
 Mr Richard Sweetnam 
  
 Ms Kim Primmer 
  
 Mr Richard Turner








 Schedule 11 
 Last
Accounts 
  
 Part A - Balance Sheet 
  
 To be attached 
  
 Part B - Profit and Loss 
  
 To be attached 
  

 73 








 MAYNE HEALTH HOSPITALS - INDONESIA 
 AGGREGATED ACCOUNTS - PRO FORMA BALANCE SHEET AS AT 30 JUNE 2003 
 LAST ACCOUNTS (Version
17/10/2003) 
  

	REGION

	  	INDONESIAN HOSPITALS

	 
	Legal Contract Group

	  	OPERATING HOSPITALS (AUD)

	 
	LEGAL ENTITY GROUP

	  	Rumah Sakit
Internasional
Bintaro

	 	 	Rumah Sakit
Mitra
Internasional

	 	 	Rumah Sakit
Surabaya
Internasional

	 	 	Aggregated
Operating Legal
Entities

	 	 	Other (Elims
and Adj)

	 	 	 TOTAL
 INDONESIAN
 BUSINESS

	 
	HOSPITALS

	  	 	  	 	 	 	 	 
	 	  	 	  	A

	 	 	B

	 	 	C

	 	 	D = A + B + C

	 	 	E

	 	 	F = D + E

	 
	 [1]
	  	 Trade Debtors
	  	2.4	 	 	3.3	 	 	0.6	 	 	6.3	 	 	0.0	 	 	6.3	 
	 	  	 Provision for Doubtful Debts
	  	(0.1	)	 	(0.2	)	 	0.0	 	 	(0.3	)	 	0.0	 	 	(0.3	)
	 [2]
	  	 Stock On Hand
	  	0.4	 	 	0.7	 	 	0.5	 	 	1.6	 	 	0.0	 	 	1.6	 
	 [3]
	  	 Other Current Receivables
	  	0.1	 	 	1.0	 	 	0.3	 	 	1.4	 	 	0.0	 	 	1.4	 
	 	  	 Prepayments
	  	0.0	 	 	0.3	 	 	0.1	 	 	0.4	 	 	0.0	 	 	0.4	 
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 COMPLETION ACCOUNTS
	  	2.8	 	 	5.1	 	 	1.5	 	 	9.4	 	 	0.0	 	 	9.4	 
	 [4]
	  	 Land & Buildings @ Cost/Valuation
	  	13.3	 	 	4.8	 	 	8.3	 	 	26.4	 	 	26.1	 	 	52.5	 
	 	  	 Accumulated Depreciation of L&B
	  	(1.3	)	 	(0.9	)	 	(0.9	)	 	(3.1	)	 	0.9	 	 	(2.2	)
	 [5]
	  	 Plant & Equipment @ Cost
	  	6.2	 	 	5.3	 	 	8.5	 	 	20.0	 	 	0.0	 	 	20.0	 
	 	  	 Accumulated Depreciation of P&E
	  	(3.3	)	 	(3.3	)	 	(5.4	)	 	(12.0	)	 	0.0	 	 	(12.0	)
	 	  	 Impairment Provision
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 
	 	  	 Assets Under Constructions
	  	0.0	 	 	0.4	 	 	0.4	 	 	0.8	 	 	0.0	 	 	0.0	 
	 	  	 COMPLETION ADJUSTMENT
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Property Plant & Equipment
	  	14.9	 	 	6.3	 	 	10.9	 	 	32.1	 	 	27.8	 	 	59.1	 
	 	  	 Investments @ Cost/Valuation
	  	0.0	 	 	15.8	 	 	36.3	 	 	52.1	 	 	(52.1	)	 	0.0	 
	 	  	 Goodwill
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	29.9	 	 	29.9	 
	 	  	 Future Income Tax Benefit
	  	0.0	 	 	0.0	 	 	0.1	 	 	0.1	 	 	0.0	 	 	0.1	 
	 	  	 Licences
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 
	 	  	 Other Non Current Receivables
	  	0.0	 	 	0.0	 	 	0.1	 	 	0.1	 	 	0.0	 	 	0.1	 
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Other NON Current Assets
	  	0.0	 	 	15.8	 	 	36.5	 	 	52.3	 	 	(22.2	)	 	30.1	 
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Non Current Trading Assets
	  	14.9	 	 	22.1	 	 	47.4	 	 	84.4	 	 	4.8	 	 	89.2	 
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 TOTAL TRADING ASSETS
	  	17.7	 	 	27.2	 	 	48.9	 	 	93.8	 	 	4.8	 	 	98.6	 
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Trade Creditors
	  	(1.4	)	 	(2.2	)	 	(1.0	)	 	(4.6	)	 	0.0	 	 	(4.6	)
	 	  	 Accrued Creditors
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.8	 	 	0.0	 	 	0.0	 
	 [6]
	  	 Other Accrued Liabilities
	  	(0.6	)	 	(0.8	)	 	(0.9	)	 	2.3	 	 	(0.3	)	 	(2.6	)
	 	  	 Provision for Med Mal
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 
	 	  	 Provision for Workers Compensation
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 
	 	  	 Employee Entitlements
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	  	 - Annual Leave
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 
	 	  	 - Long Service Leave
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	  	 - RDO’s
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 [7]
	  	 Provision for Income Tax
	  	0.8	 	 	(0.5	)	 	0.0	 	 	(1.3	)	 	0.0	 	 	(1.3	)
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Current Trading Liabilities
	  	(2.8	)	 	(3.5	)	 	(1.9	)	 	(0.2	)	 	(0.3	)	 	(8.5	)
	 	  	 Employee Entitlements
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	  	 - Retirement and Termination provision
	  	(0.1	)	 	(0.5	)	 	(0.2	)	 	(0.8	)	 	0.0	 	 	(0.8	)
	 [7]
	  	 Provision for Deferred Income Tax
	  	(0.9	)	 	0.0	 	 	0.0	 	 	(0.9	)	 	(2.7	)	 	(3.6	)
	 [8]
	  	 ANZ Loan Facility
	  	0.0	 	 	0.0	 	 	(23.2	)	 	(23.2	)	 	0.0	 	 	(23.2	)
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Non Current Liabilities
	  	(1.0	)	 	(0.5	)	 	23.4	 	 	(24.9	)	 	(2.7	)	 	(27.6	)
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 TOTAL TRADING LIABILITIES
	  	(3.8	)	 	(4.0	)	 	(25.3	)	 	(33.1	)	 	(3.0	)	 	(36.1	)
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 [a]
	  	 NET TRADING ASSETS
	  	13.9	 	 	23.2	 	 	23.6	 	 	60.7	 	 	1.8	 	 	62.5	 
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Cash on Hand
	  	0.6	 	 	2.3	 	 	0.2	 	 	3.1	 	 	0.0	 	 	3.1	 
	 	  	 Current Loans and Deposits
	  	1.2	 	 	1.4	 	 	2.2	 	 	4.8	 	 	0.0	 	 	4.8	 
	 	  	 Intercompany Funding
	  	6.4	 	 	13.5	 	 	(18.8	)	 	1.1	 	 	(2.3	)	 	(1.2	)
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 [b]
	  	 BORROWING/FUNDING
	  	8.2	 	 	17.2	 	 	(16.4	)	 	9.0	 	 	(2.3	)	 	6.7	 
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 [a]+[b]=[c]
	  	 NET ASSETS
	  	22.1	 	 	40.4	 	 	7.2	 	 	69.7	 	 	(0.5	)	 	69.2	 
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Share capital
	  	(20.3	)	 	(24.6	)	 	(19.1	)	 	(64.0	)	 	64.0	 	 	0.0	 
	 	  	 Reserves
	  	2.7	 	 	0.1	 	 	2.7	 	 	5.5	 	 	(41.5	)	 	(43.0	)
	 	  	 Retained Earnings
	  	(4.5	)	 	(16.1	)	 	9.3	 	 	(11.3	)	 	(12.8	)	 	(24.1	)
	 	  	 TOTAL CHIEF ENTITY INTEREST
	  	(22.1	)	 	(40.6	)	 	(7.1	)	 	(69.8	)	 	2.7	 	 	(67.1	)
	 	  	 Shares Capital
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	(2.2	)	 	(2.2	)
	 	  	 Reserves
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 
	 	  	 Retained Earnings
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	0.1	 	 	0.1	 
	 	  	 TOTAL OUTSIDE EQUITY INTEREST
	  	0.0	 	 	0.0	 	 	0.0	 	 	0.0	 	 	(2.1	)	 	(2.1	)
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 Must = [c]
	  	 SHAREHOLDERS FUNDS
	  	(22.1	)	 	(40.6	)	 	(7.1	)	 	(69.8	)	 	0.6	 	 	(69.2	)
	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	



 Notes to the Last Accounts 

	[1]	Includes trade receivables, accrued revenue, intercompany trade receivables. 


	[2]	Includes all stocks on hand (consumable medical supplies, food, linen, stationery etc.) 


	[3]	Includes all other receivables items. 


	[4|	Includes Leasehold Improvements, Plant Integral to Buildings, Commisioning Costs and Capitalised Interest. 


	[5]	Plant & Equipment category includes Computer Software. 


	[6|	Includes salary and wage related accruals, property related accruals, intercompany trade payables and all other miscellaneous accruals/provisions. 


	|7]	Tax Consolidation is not applicable to the Indonesian business therefore Tax balances remain with the business. 


	[8]	Non Current Borrowings with ANZ 

  
 Other Non Current Assets will not be revalued between Last Accounts and Completion Accounts 







 MAYNE HOSPITALS 
 PROFIT AND LOSS ANALYSIS AND RECONCILIATION 
  
 MAYNE HEALTH HOSPITALS - INDONESIA 
  

	 	  	 	  	FINAL JUNE 2003

	 
	 BREAKDOWN

	  	State

	  	Patient
Revenue

	  	 Prosthesis
 Margin

	  	Other
Revenue

	  	Total
Revenue

	  	Labour

	  	Supply

	  	Professional
Services

	  	Contracted
Services

	  	Laundry

	  	Repairs &
Mains

	  	 Leases &
 Rentals

	  	Insurance

	  	Other
Expenses

	  	Expenses

	  	EBITDA

	 	 	Depreciation

	  	EBITA

	 	 	 Goodwill
 Amortisation

	  	EBIT

	 
	 INDONESIAN HOSPITALS
	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	 	 	 	  	 	 
	 Surabaya
	  	 	  	 11,363
	  	 	  	 872
	  	 12,235
	  	 2,044
	  	 5,447
	  	 	  	 	  	 	  	 241
	  	 12
	  	 58
	  	 1,094
	  	 8,896
	  	 3,339
	  
	 	 1,245
	  	 2,094
	  
	 	 0
	  	 2,094
	  

	 Bintaro
	  	 	  	 16,789
	  	 	  	 523
	  	 17,313
	  	 1,948
	  	 7,222
	  	 	  	 	  	 	  	 425
	  	 0
	  	 101
	  	 1,954
	  	 11,651
	  	 5,662
	  
	 	 1,089
	  	 4,573
	  
	 	 0
	  	 4,573
	  

	 Jatinegara
	  	 	  	 26,861
	  	 	  	 355
	  	 27,216
	  	 2,951
	  	 12,041
	  	 	  	 	  	 	  	 527
	  	 23
	  	 145
	  	 2,440
	  	 18,127
	  	 9,089
	  
	 	 419
	  	 8,670
	  
	 	 0
	  	 8,670
	  

	 Corporate
	  	 	  	 	  	 	  	 	  	0	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	1,224	  	1,224	  	(1,224	)	 	935	  	(2,159	)	 	1,890	  	(4,049	)
	 	  	 	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	
	 	
	  	
	
	 	
	  	
	

	 Indoesian Hospital Business
	  	 	  	 55,014
	  	 0
	  	 1,750
	  	 56,764
	  	 6,943
	  	 24,710
	  	 0
	  	 0
	  	 0
	  	 1,193
	  	 34
	  	 304
	  	 6,712
	  	 39,897
	  	 16,866
	  
	 	 3,689
	  	 13,178
	  
	 	 1,890
	  	 11,288
	  

	 	  	 	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	  	
	
	 	
	  	
	
	 	
	  	
	


 COMPLETION ACCOUNTS 
  
 COMPLETION ADJUSTMENT 







 Schedule 12 
 Last
Accounts Adjusted Net Assets Statement 
  
 To be attached 
  

 74 








 MAYNE HEALTH HOSPITALS - INDONESIA 
 AGGREGATED ACCOUNTS - PRO FORMA BALANCE SHEET AS AT 30 JUNE 2003 
 LAST ACCOUNTS ADJUSTED
NET ASSETS STATEMENT (Version 17/10/2003) 
  

	REGION

	  	INDONESIAN HOSPITALS

	 
	Legal Contract Group

	  	OPERATING HOSPITALS (AUD)

	 
	LEGAL ENTITY GROUP

	  	 	  	 	  	 	  	 	  	 	 	 	 	 
	HOSPITALS

	 	 	  	Rumah Sakit
Internasional
Bintaro

	  	Rumah Sakit
Mitra
Internasional

	  	Rumah Sakit
Surabaya
Internasional

	  	Aggregated
Operating Legal
Entities

	  	Other (Elims
and Adj)

	 	 	TOTAL
INDONESIAN
BUSINESS

	 
	 	 	 	  	A

	  	B

	  	C

	  	D = A + B + C

	  	E

	 	 	F = D + E

	 
	 [1]
	 	 NET ASSETS
	  	 22.1
	  	 40.4
	  	 7.2
	  	 69.7
	  	 (0.5
	 )
	 	 69.2
	  

	 	 	 	  	
	  	
	  	
	  	
	  	
	
	 	
	

	 	 	 Add Back
	  	 	  	 	  	 	  	 	  	 	 	 	 	 
	 	 	 - Accumulated Depreciation of PP & E
	  	 4.6
	  	 4.2
	  	 6.3
	  	 15.1
	  	 (0.9
	 )
	 	 14.2
	  

	 	 	 - Accumulated Amortisation of Intangible Assets
	  	 	  	 	  	 	  	 	  	 	 	 	 	 
	 	 	 - Impairment Provisions
	  	 	  	 	  	 	  	 	  	 	 	 	 	 
	 	 	 Deduct
	  	 	  	 	  	 	  	 	  	 	 	 	 	 
	 [2]
	 	 - Maintenance Capex Allowance
	  	 0.0
	  	 0.0
	  	 0.0
	  	 0.0
	  	 0.0
	  
	 	 0.0
	  

	 	 	 - Intangible Assets
	  	 	  	 	  	 	  	 	  	 	 	 	 	 
	 	 	 - Goodwill
	  	0.0	  	0.0	  	0.0	  	0.0	  	(29.9	)	 	(29.9	)
	 	 	 - Licences
	  	0.0	  	0.0	  	0.0	  	0.0	  	0.0	 	 	0.0	 
	 	 	 - Investments
	  	 0.0
	  	 15.8
	  	 36.3
	  	 52.1
	  	 (52.1
	 )
	 	 0.0
	  

	 	 	 	  	
	  	
	  	
	  	
	  	
	
	 	
	

	 	 	 ADJUSTED NET ASSETS
	  	 26.7
	  	 60.4
	  	 49.8
	  	 136.9
	  	 (83.4
	 )
	 	 53.5
	  

	 	 	 	  	
	  	
	  	
	  	
	  	
	
	 	
	



 Notes to the Last Accounts Adjusted Net Assets
Statement 

	[1]	Net Assets as per the Last Accounts 


	[2]	Balance will be reflected as $Nil in Last Accounts Adjusted Net Asset Statement 

  
 Other Non Current Assets will not be revalued between Last Accounts and Completion Accounts 







 Schedule 13 
 Form
of Completion Accounts 
  
 To be
attached 
  

 75 








 AGGREGATED ACCOUNTS - PRO FORMA BALANCE SHEET AS AT COMPLETION  
 COMPLETION ACCOUNTS 
  

	REGION

	  	INDONESIAN HOSPITALS

	 
	Legal Contract Group

	  	OPERATING HOSPITALS

	 
	LEGAL ENTITY GROUP

	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	HOSPITALS

	  	 	  	Rumah Sakit
Internasional
Bintaro

	 	 	Rumah Sakit
Mitra
Internasional

	 	 	Rumah Sakit
Surabaya
Internasional

	 	 	Aggregated
Operating Legal
Entities

	 	 	Other (Elims
and Adj)

	 	 	TOTAL
INDONESIAN
BUSINESS

	 
	 	  	 	  	A

	 	 	B

	 	 	C

	 	 	D = A + B + C

	 	 	E

	 	 	F = D + E

	 
	 [1]
	  	 Trade Debtors
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Provision for Doubtful Debts
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 [2]
	  	 Stock On Hand
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 [3]
	  	 Other Current Receivables
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Prepayments
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Current Trading Assets
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 [4]
	  	 COMPLETION ACCOUNTS
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 —  
	  
	 	 x
	  
	 	 x
	  

	 	  	 Accumulated Depreciation of L&B
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 —  
	  
	 	 (x
	 )
	 	 (x
	 )

	 [5]
	  	 Plant & Equipment @ Cost
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Accumulated Depreciation of P&E
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 Impairment Provision
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 Assets Under Constructions
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Asset Clearing Accounts
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Property Plant & Equipment
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Investments @ Cost/Valuation
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 —  
	  
	 	 x
	  
	 	 x
	  

	 	  	 Goodwill
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 [7]
	  	 Future Income Tax Benefit:
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Licences
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Other Non Current Receivables
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 —  
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Other Non Current Assets
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Non Current Trading Assets
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 TOTAL TRADING ASSETS
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Trade Creditors
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 Accrued Creditors
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 [6]
	  	 Other Accrued Liabilities
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 Provision for Med Mal
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 Provision for Workers Compensation
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 Employee Entitlements
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	  	 - Annual Leave
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 - Long Service Leave
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 - RDO’s
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 [7]
	  	 Provision for Income Tax
	  	 —  
	  
	 	 —  
	  
	 	 —  
	  
	 	 —  
	  
	 	 —  
	  
	 	 —  
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Current Trading Liabilities
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 Employee Entitlements
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	  	 - Retirement and Termination provisions
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 [7]
	  	 Provision for Deferred Income Tax
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 [8]
	  	 ANZ Loan Facility
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Total Non Current Liabilities
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 TOTAL TRADING LIABILITIES
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 [a]
	  	 NET TRADING ASSETS
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Cash on Hand
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 Current Loans and Deposits
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 Intercompany Funding
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 [b]
	  	 BORROWING/FUNDING
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 [a]+[b]=[c]
	  	 NET ASSETS
	  	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )
	 	 (x
	 )

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 	  	 Share capital
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Reserves
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Retained Earnings
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 TOTAL CHIEF ENTITY INTEREST
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Share capital
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Reserves
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 Retained Earnings
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 TOTAL OUTSIDE EQUITY INTEREST
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	

	 Must = [c]
	  	 SHAREHOLDERS FUNDS
	  	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  
	 	 x
	  

	 	  	 	  	
	
	 	
	
	 	
	
	 	
	
	 	
	
	 	
	



 Notes to the Completion Accounts 

	[1]	Includes trade receivables, accrued revenue, intercompany trade receivables. 


	[2]	Includes all stocks cm hand (consumable medical supplies, food, linen, stationery etc.) 


	[3]	Includes all other receivables items. 


	[4]	Includes Leasehold Improvements., Plant Integral to Buildings, Commisioning Costs and Capitalised Interest. 


	[5]	Plant & Equipment category includes Computer Software. 


	[6|	Includes salary and wage related accruals, property related accruals, intercompany trade payables and all other miscellaneous accruals/provisions. 


	[7]	Tax Consolidation is not applicable to the Indonesian business therefore Tax balances remain with the business. 


	[8]	Non Current Borrowings with ANZ 

  
 Other Non Current Assets will not be revalued between Last Accounts and Completion Accounts 







 Schedule 14 
 Form
of Completion Adjusted Net Assets Statement 
  
 To be attached 
  

 76 








 AGGREGATED ACCOUNTS - PRO FORMA BALANCE SHEET AS AT COMPLETION  
 COMPLETION ADJUSTED NET ASSETS STATEMENT 
  

	 REGION

	 	INDONESIAN HOSPITALS


	 Legal Contract Group

	 	OPERATING HOSPITALS


	 LEGAL ENTITY GROUP

	 	 	 	 	 	 	 	 	 	 	 	 
	 HOSPITALS

	 	 	 	Rumah Sakit
Internasional
Bintaro

	 	Rumah Sakit
Mitra
Internasional

	 	Rumah Sakit
Surabaya
Internasional

	 	Aggregated
Operating Legal
Entities

	 	Other (Elims
and Adj)

	 	TOTAL
INDONESIAN
BUSINESS


	 	 	 	 	A

	 	B

	 	C

	 	D = A + B + C

	 	E

	 	F = D + E


	 [1]
	 	NET ASSETS	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	Add Back	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	- Accumulated Depreciation of PP & E	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	 - Accummulated Amortisation
of Intangible Assets
	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	- Impairment Provisions	 	x	 	x	 	x	 	x	 	x	 	x
								
	 [2]
	 	 - Maintenance Capex Allowance
	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	- Intangible Assets	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	    - Goodwill	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	    - Licences	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	- Investments	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	 	 	
	 	
	 	
	 	
	 	
	 	

	 	 	ADJUSTED NET ASSETS	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	 	 	
	 	
	 	
	 	
	 	
	 	


  
 Notes to the Completion Adjusted Net Assets Statement 
  

	 	[1]	Net Trading Assets per the Completion Accounts 

  

	 	[2]	Will reflect the pro-rata Maintenance capex allowance based on 2003/2004 Annual Plan of $4.8M. [ie. $400,000 per calender month]] 

  
 Other Non Current Assets will not be revalued between Last Accounts
and Completion Accounts 







 Schedule 15 
 Form
of Balancing Statement 
  
 To be attached 







 MAYNE HEALTH HOSPITALS - INDONESIA 
 AGGREGATED ACCOUNTS - AS AT COMPLETION 
 BALANCING STATEMENT 
  

	 REGION

	 	INDONESIAN HOSPITALS


	 Legal Contract Group

	 	OPERATING HOSPITALS


	 LEGAL ENTITY GROUP

	 	 	 	 	 	 	 	 	 	 	 	 
	 HOSPITALS

	 	 	 	Rumah Sakit
Internasional
Bintaro

	 	Rumah Sakit
Mitra
Internasional

	 	Rumah Sakit
Surabaya
Internasional

	 	Aggregated
Operating Legal
Entities

	 	Other (Elims
and Adj)

	 	TOTAL
INDONESIAN
BUSINESS


	 	 	 	 	A

	 	B

	 	C

	 	D = A + B + C

	 	E

	 	E


	 	 	 LAST ACCOUNTS
	 	 	 	 	 	 	 	 	 	 	 	 
								
	 A
	 	ADJUSTED NET ASSETS	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	 	 	
	 	
	 	
	 	
	 	
	 	

	 	 	COMPLETION ACCOUNTS	 	 	 	 	 	 	 	 	 	 	 	 
								
	 B
	 	ADJUSTED NET ASSETS	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	 	 	
	 	
	 	
	 	
	 	
	 	

	 C=B-A
	 	COMPLETION AMOUNT	 	x	 	x	 	x	 	x	 	x	 	x
	 	 	 	 	
	 	
	 	
	 	
	 	
	 	


  
 Notes to the Balancing
Statement 
  

	 	•	The Balancing Statement should be read in conjunction with Last Accounts, Completion Accounts, Last Accounts Adjusted Net Assets Statement, Completion Adjusted Net Assets Statement
and Notes to all schedules. 

  

	 	•	Mayne entitled/responsible to/for profit/cashflow generated between Last Accounts and Completion. 








 Schedule 16 
 Litigation 
  
 There is an unresolved disputed income tax
assessment for the year 2000 totalling Rp.1,804,736,357.00. 
  
 The Jatinegara -
Jakarta Tax Service Office issued, on 21 February 2002, a Decision Letter regarding Unpaid Tax (Surat Ketetapan Pajak Kurang Bayar – “SKPKB”) No. 00069/201/00/002/02 to Putramas which advised Putramas to pay the unpaid
income tax in the amount of Rp. 1,804,736,357.00. 
  
 On 17 May 2002, Putramas,
through its objection application letter dated 29 April 2002, filed an objection application with SKPKB. 
  
 On the basis of the objection application filed by Putramas, The 4th Territory
Office – Jakarta Raya I (Kanwil IV Jakarta Raya I) issued a Decision of the Director General of Tax No. KEP-230WPJ.04/2003 received by Putramas on 26 May 2003 which rejected Putramas’ objection application. 
  
 Currently, Putramas is preparing a Tax Appeal against the Decision of the Director General of
Tax No. KEP-230/WPJ.04/2003. The tax appeal is addressed to the Chairman of Tax Court. 







 Schedule 17 
 Insurance 
  
 PART A: Mayne Hospitals - Indonesia

 Local Insurances Summary July 2003 
  
 PT PUTRAMAS MULIASANTOSA - CORPORATE (MAYNE HEALTH INDONESIA)  
  
 Local Hospital Insurance Summary 
  

	 Class of Risk / Policy
Number

	 	 Details of Cover

	  	 Period of
Insurance

	  	 Insurer

	  	Annual Cost
(AUD @5500)

	  	Insured
Amount (AUD
@ 5500)

	  	Deductible

	  	 Exclusions


	 Motor Vehicle Property
	 	 	  	 	  	 	  	 	  	 	  	 	  	 
	 34021719
	 	Sanyong B 8312, all risks, SRCC, act of God, accident	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$950	  	$34,545	  	$36	  	 
	 34021719
	 	Isuzu Panther B 8494 TW, all risks,SRCC, act of God, accident	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$635	  	$23,091	  	$36	  	 
	 	 	Mercedes, Jusup Halimi	  	Apr 03-Mar 04	  	QBE	  	$3,319	  	$117,273	  	$45	  	 
								
	 Laptop Property
	 	 	  	 	  	 	  	 	  	 	  	 	  	 
	 04-23-22900002/00
	 	ACER Travelmate 212, Taryudi	  	29 Jan 03 - 29 Jan 04	  	Ass.Wahana Tata	  	$37.7	  	$1,508	  	$75	  	 
	 04-23-22900002/00
	 	Laptop IBM Thinkpad R series, Jusup Halimi	  	29 Jan 03 - 29 Jan 04	  	Ass.Wahana Tata	  	$68.7	  	$2,747	  	$137	  	 
								
	 Staff Health Care
	 	 	  	 	  	 	  	 	  	 	  	 	  	 
	 	 	All employees covered for hospitalisation (both of inpatient & out patient)	  	1.703-30.6.04	  	HMO	  	$1,571	  	Refer to
Company
Agreement	  	$0	  	Cosmetics, tonicum, food supplement, vitamin, sexual-diseases, infertility, etc.









	 Executive Health Care
Employee Accident Compensation &
Savings Plan
	  	 	  	 	  	 	  	 	  	 	  	 	  	 
	 95BJ9003
	  	All employees covered for employees accident in work hours & saving plan.	  	1.7.03-60.6.04	  	Jamsostek	  	 4.24% of
 basic salary
	  	NA	  	None	  	None
								
	 In process
	  	All full time employees covered
for employee accident (out of work ours)	  	None	  	MLC	  	$109	  	NA	  	None	  	None








 PT MITRAJAYA MEDIKATAMA 
  

RS INTERNASIONAL BINTARO 
  
 Local Hospital Insurance Summary 
  

	 Class of Risk / Policy
Number

	  	 Details of Cover

	  	 Period of
 Insurance

	  	Insurer

	  	Annual Cost
(AUD @5500)

	  	Insured Amount
(A$ @ 5500)

	  	Deductible

	 	Exclusions


	 Motor Vehicle Property
	  	 	  	 	  	 	  	 	 	  	 	 	  	 	 	 
								
	Full Cover / Policy no.34021/19	  	Isuzu Panther Sporty Minibus B 7141 NI	  	30.6.03 – 30.6.04	  	PT Aviva
Insurance	  	$	335	  	$	12,181	  	Own Risk
IDR200,000–
each and every
claim	 	None
								
	Comprehensive, Third Party Liability (TPL) & Riot, Strike, Civil Commotion (RSCC) / Policy no.01.41S.02.12.02339- 800	  	Isuzu Panther Sporty Minibus B 2533 CG	  	4.12.02 – 4.12.03	  	 PT Asuransi
 Mitra
 Maparya
	  	$	340	  	$	12,727	  	 Own Risk
 IDR100,000–
Anyone Accident
(AOA)
	 	 •      Smuggling
 •      Crime
 •      Force Majeure
 •      War
 •      Riot
 •      Incorrect Use
 •      Death or
physical defect
caused
by
insured motor
vehicle

								
	Comprehensive, Third Party Liability (TPL) & Riot, Strike, Civil Commotion (RSCC) / Policy no.01.41K.02.10.02065- 800	  	Toyota Kijang LSX 1.8 Minibus
B 8794 QG	  	30.10.02 –30.10.03	  	PT Asuransi
Mitra
Maparya	  	$	588	  	$	26,909	  	Own Risk
IDR100,000–
Anyone Accident
(AOA)	 	 •      Smuggling
 •      Crime
 •      Force Majeure
 •      War
 •      Riot
 •      Incorrect Use
 •      Death or
physical defect
caused
by
insured motor
vehicle

								
	Comprehensive, Third Party Liability (TPL) &	  	Kia Pregio M/T Ambulance Minibus B 8044 GY	  	17.03.03 –17.03.04	  	PT Asuransi
Mitra	  	$	768	  	$	46,364	  	Own Risk
IDR100,000–	 	 •      Smuggling
 •      Crime


  










	 Class of Risk / Policy
 Number

	 	 Details of Cover

	 	 Period of
Insurance

	 	 Insurer

	 	 Annual Cost
(AUD @5500)

	 	 Insured Amount
(A$ @ 5500)

	 	 Deductible

	 	 Exclusions


	Riot, Strike, Civil Commotion (RSCC) / Policy no.01.41K.03.03.00497-800	 	 	 	 	 	Maparya	 	 	 	 	 	Anyone Accident (AOA)	 	 •      Force Majeure
 •      War
 •      Riot
 •      Incorrect Use
 •      Death or physical defect caused by insured motor vehicle

	Laptop Property	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Commercial All Risks Insurance / Policy no.04-23-22900001/00	 	 •      1 unit Toshiba
Satellite 2590
CDT
 •      1 unit Acer Travel Mate 332T PI T-366 NB
 •      1 unit IBM Think Pad R Series (R30)
 •      2 unit Toshiba Satellite 2450 A 740
	 	8.2.03 – 8.02.04	 	PT Asuransi Wahana Tata	 	$274	 	$10,280	 	5% of claim, min USD 100 or IDR.500,000 each and every loss	 	 •      War Risks
 •      Nuclear Activity
 •      Radioactivity
 •      Wear, Tear and Gradual Deterioration
 •      Consequential Loss

	Projector Property	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Commercial All Risks Insurance / Policy no.04-23-22900001/00	 	 •      1 unit In Focus Type LP340B
 •      1 unit In Focus Type LP650
	 	8.2.03 – 8.02.04	 	PT Asuransi Wahana Tata	 	$294	 	$11,767	 	5% of claim, min USD 100 or IDR.500,000 each and every loss	 	 •      War Risks
 •      Nuclear Activity
 •      Radioactivity
 •      Wear, Tear and Gradual Deterioration
 •      Consequential Loss

	Fire Property – Dormitory owned by third party	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Dwelling House Class I / 1.11C.03.02.00206-400	 	Dormitory for employees Jl. Mandar XXI Blok DD XIII No.43, Sektor 3A, Bintaro Jaya, Tangerang	 	14.2.03 - 14.2.04	 	PT Asuransi Mitra Maparya	 	$21	 	$31,818	 	 	 	 •      Self Combustion, Short Circuit, Inherent Vice


  










	 Class of Risk / Policy
Number

	  	 Details of Cover

	  	 Period of
Insurance

	  	 Insurer

	  	 Annual Cost
(AUD @5500)

	  	 Insured Amount
(A$ @ 5500)

	  	 Deductible

	  	 Exclusions


	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 •      Robbery
 •      Dishonesty
 •      Fire forest, bushes, coarse grass
 •      War
 •      Nuclear reaction
 •      Riot
 •      Force Majeure
 •      Unless staled different in policy

	 Staff Health Care
	  	 	  	 	  	 	  	 	  	 	  	 	  	 
								
	 Medical Insurance / Policy no. – (None)
	  	Inpatients and Outpatients employees (for male employees with spouse: wife and 3 children) = 670 employees per August 03	  	2.1.03 –2.1.04	  	PT Mitra Keluarga Piranti Sehat	  	$70,576	  	Refer to company agreement	  	 •      Drugs 10% paid by the employees -
outpatient
 •      Risk Profit Sharing – Bintaro and PT Mitra Keluarga
Piranti Sehat
	  	Work Accident, Food Poisoning, Dental & Maternity
	 Employee Accident Compensation & Savings Plan
	  	 	  	 	  	 	  	 	  	 	  	 	  	 
								
	 Employee Accident Compensation & Savings Plan / Policy No. - (None)
	  	433 employees covered by	  	- (None)	  	PT Jamsostek	  	4.24% of basic salary	  	NA	  	None	  	None

  
  









 PT. HEALTH CARE OF SURABAYA 
  
 RS SURABAYA INTERNASIONAL. 
  
 Local Hospital Insurance Summary 
  

	 Class of Risk / Policy
 Number

	  	 Details of Cover

	  	 Period of
 Insurance

	  	 Insurer

	  	 Annual Cost
(AUD @5500

	  	 Insured Amount
(AUD @ 5500)

	  	 Deductible

	  	 Exclusions


	 Motor Vehicle Property
	  	 	  	 	  	 	  	 	  	 	  	 	  	 
	 OOMV.3.00421.0703
	  	Accident, fire, theft, riots & strikes - Own Damage (Comprehensive), Third Party Liability, Medical Expenses Drivers & Passenger – 3 Kijang & 2 ambulances including
Medical Equipment in the ambulances	  	30.6.03 –30.6.04	  	PT Asuransi Rama	  	$3,821.21	  	$169,653.84	  	$90.91; 5% from Total Loss	  	Theft by own employee, Force Majeure, overload
								
	 OOMV.3.00420.0703
	  	Accident, fire, theft - Own Damage & Third Party Liability - 2 motorcycle	  	30.06.03 –30.06.04	  	PT Asuransi Rama	  	$105.27	  	 $2,909.09
 3rd Party
 $ 909.09/case
	  	$45.45	  	Theft by own employee, force majeure, overload
								
	 Laptop Property
	  	 	  	 	  	 	  	 	  	 	  	 	  	 
	 None
	  	 	  	 	  	 	  	 	  	 	  	 	  	 
								
	 Staff Health Care
	  	 	  	 	  	 	  	 	  	 	  	 	  	 
								
	 Self-insured
	  	All non-executives – hospitalisation.	  	On-going	  	Self-insured	  	varies	  	NA	  	N/A	  	Cosmetics, etc. Length of stay limitations, ancillary service limitations, etc.
								
	 Executive Health Care
	  	 	  	 	  	 	  	 	  	 	  	 	  	 
	 46/03-0136-01
	  	CEO, DON, FAM, Marketing Manager & HR Manager – Incl. Spouses & children	  	01.07.03 – 30.06.04	  	Allianz	  	$7,322.98	  	Max l80 IPD, 15 days ICU, Accident	  	—	  	OP non accident except followed by IP treatment

  










	 Employee Accident Compensation & Savings Plan
	  	 	  	 	  	 	  	 	  	 	  	 	  	 
	 	  	Work accident, life, pension	  	 As long as
 working
	  	Jamsostek	  	4.24% from
basic salary	  	—  	  	—  	  	—  

  









 PT PUTRAMAS MULIASANTOSA 
  

RS MITRA INTERNASIONAL 
  
 Local Hospital Insurance Summary 
  

	 Class of Risk / Policy
 Number

	  	 Details of Cover

	  	 Period of
 Insurance

	  	 Insurer

	  	Annual Cost
(AUD @5500

	  	Insured Amount
(AUD @ 5500)

	  	Deductible

	  	Exclusions


	 Motor Vehicle Property
	  	 	  	 	  	 	  	 	 	  	 	 	  	 	 	  	 
								
	 34021719
	  	Kijang B 1884 WJ, all risks,
SRCC, act of God, accident	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$	325	  	$	11,818	  	$	36	  	 
								
	 34021719
	  	Mitsubishi Colt Solar B 2780-SJ, all risks, SRCC, act of God, accident	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$	375	  	$	10,727	  	$	55	  	 
								
	 34021719
	  	Soluna B 8817-GC, all risks,SRCC, act of God, accident	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$	475	  	$	17,272	  	$	36	  	 
								
	 34021719
	  	Kijang B 2982 JY, all risks,SRCC, act of God, accident	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$	695	  	$	25,273	  	$	36	  	 
								
	 34021719
	  	Honda CRV 2003, all risks,SRCC, act of God, accident	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$	600	  	$	21,818	  	$	36	  	 
								
	 34021719
	  	Suzuki RC-100 Motorcycle B 5652-MX, all riks,accident,full cover (D.A.I.Cover)	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$	22	  	$	436	  	$	5	  	 
								
	 34021719
	  	Honda GL MII Motorcycle B 6447-VJM, all riks,accident,full cover (D.A.I.Cover)	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$	65	  	$	1,300	  	$	5	  	 
								
	 34021719
	  	Honda Astrea Legenda Motorcycle B 3563-EW, all riks, accident, full cover (D.A.I. Cover)	  	30.6.03-30.6.04	  	Marsh/Aviva	  	$	86	  	$	1,727	  	$	5	  	 








 Laptop Property 
  

								
	 04-23-22900002/00
	  	Toshiba Satellite 3000 A311,Arifin	  	29 Jan 03 - 29
Jan 04	  	Ass.Wahana
Tata	  	$	72.5	  	$	2,900	  	$	145	  	 
								
	 04-23-22900002/00
	  	1 unit HD Seagate 20GB, Arifin	  	29 Jan 03 - 29
Jan 04	  	Ass.Wahana
Tata	  	$	3.75	  	$	150	  	$	7.5	  	 
								
	 04-23-22900002/00
	  	Notebook Compaq Presario 1711AP, dr.Rudy	  	29 Jan’ 03 - 29
Jan 04	  	Ass.Wahana
Tata	  	$	69	  	$	2,768	  	$	291	  	 
								
	 04-23-22900002/00
	  	IBM Thinkpad R, Yoshen	  	29 Jan 03 - 29
Jan 04	  	Ass.Wahana
Tata	  	$	63.8	  	$	2,552	  	$	82.5	  	 
								
	 04-23-22900002/00
	  	Laptop Satellite 2410 A631,Airbah	  	29 May 03-
29May04	  	Ass.Wahana
Tata	  	$	54	  	$	2,165	  	$	    108	  	 
								
	 04-23-22900002/00
	  	Laptop Satellite 2410 A631,Warno	  	29 May 03-
29May04	  	Ass.Wahana
Tata	  	$	54	  	$	2,165	  	$	108	  	 
								
	 04-23-22900002/00
	  	Laptop Satellite 2410 A631,Sugianto	  	29 May 03-
29May04	  	 Ass.Wahana
 Tata
	  	$	54	  	$	2,165	  	$	108	  	 
								
	 04-23-22900002/00
	  	Laptop Satellite 2410 A631, dr. Dian	  	29 May 03-
29May04	  	Ass.Wahana
Tata	  	$	54	  	$	2,165	  	$	108	  	 
								
	 04-23-22900002/00
	  	Laptop Satellite 2410 A631, dr. Handayani	  	29 May 03-
29May04	  	Ass.Wahana
Tata	  	$	54	  	$	2,165	  	$	108	  	 
								
	 04-23-22900002/00
	  	ACER Travel Mate,Dr.Ninuk	  	11 July 03- 11
July 04	  	Ass.Wahana
Tata	  	$	53	  	$	2,104	  	$	105	  	 
								
	 04-23-22900002/00
	  	ACER Travel Mate,Atisah	  	11 July 03- 11
July 04	  	Ass.Wahana
Tata	  	$	60	  	$	2,398	  	$	120	  	 
	 Staff Health Care
	  	 	  	 	  	 	  	 	 	  	 	 	  	 	 	  	 
								
	 	  	All employees covered for hospitalisation (both of inpatient & out patient)	  	1.703-30.6.04	  	HMO	  	$	140,138	  	 
 
 	Refer to
Company
Agreement	  	$	0	  	Cosmetic,
tonicum,
food
supplement,
vitamin,
sexual-
diseases,
infertility,
etc.
	 Executive Health Care
	  	 	  	 	  	 	  	 	 	  	 	 	  	 	 	  	 
								
	 Doctors Insurance (paid by themselves) Police #...vary
	  	Bodily injury, death, property damage, legal expenses	  	Varies - renewed
every year	  	AON/Allianz	  	$	4,229	  	 	Max $90,909	  	$	91	  	 

  
  










	 Employee Accident
Compensation &
Savings Plan
	  	 	  	 	  	 	  	 	 	 	  	 	  	 
	 95BJ9003
	  	595 employees covered for employees accident in work hours & saving plan.	  	1.7.03-30.6.04	  	Jamsostek	  	4.24% of basic
salary	 	NA	  	None	  	None
								
	 In process
	  	All full time employees covered for employee accident (out of work hours)	  	None	  	MLC	  	$9,613	 	NA	  	None	  	None

  









 PART B 
 Mayne
Hospitals - Indonesia 
 Global Insurance Summary covering Indonesia 
  

	 Class of Risk

	  	Insurance Panel

	 	Policy Number


			
	 Property
	  	Ace (lead insurer)	 	45% - Ace Insurance Ltd:
03FX011947/021Z011947
			
	Note: Period of insurance: 30/9/03 to 30/9/04	  	 	 	 
			
	 	  	 	 	25% - XL Insurance Company
Limited: AU1001PR03A
			
	 	  	 	 	20% - Zurich Australian Insurance
Ltd; TBA
			
	 	  	 	 	10% - Lloyd’s, London
Syndicates; Catlin, Beazley,
Wellington; TBA
			
	Combined Medical Malpractice / Professional Indemnity / Public Product Liability Note: Period of insurance: 30/6/03 to 30/06/04	  	Transport Securities Insurance Pty
Ltd (Primary Insurer)	 	7646/2003/TSI
			
	 	  	Swiss Re (Reinsurer)	 	361751 (Professional Indemnity)
			
	 	  	 	 	359556 (Medical Malpractice)
			
	Combined Public, Products, Errors and Omissions, No Fault Compensation for Clinical Trials and Financial Loss Liability	  	XL Insurance Company Limited:
(lead insurer)	 	TBA
			
	Note: This policy only applies in excess of the Public/Products Liability sections that form part of the coverage afforded to Hospitals in terms of the Combined Medical
Malpractice policy.	  	 	 	 
			
	 Comprehensive Crime
	  	AIG	 	81822
			
	Note: Period of insurance: 30/9/03 to 30/9/04	  	 	 	 
			
	 Directors’ & Officers’ Liability
	  	Chubb (lead insurer)	 	93285952
			
	Note: Period of insurance: 30/9/03 to 30/9/04	  	 	 	 
			
	 Personal Accident / Travel
	  	Ace	 	ABTVL000115VIC
			
	Note: Period of insurance: 30/9/02 to 30/9/03	  	 	 	 
			
	 Contract Works
	  	Royal Sun Alliance (lead - primary
insurer)	 	CR0580896TM
			
	Note: Period of insurance: 30/9/03 to 30/9/04	  	 	 	 









	 Class of Risk

	  	 Insurance Panel

	  	Policy Number


	 Personal Accident – Voluntary Workers
	  	Ace	  	AGPA000129VIC
			
	 Note: Period of insurance: 30/9/03 to 30/9/04
	  	 	  	 
			
	 Marine Transit
	  	National Marine Insurance Agency Ltd	  	CA000789NA9
			
	Superannuation Trustees Liability (for Seller Group Member employees employed exclusive in the Hospital Business)	  	Chubb	  	93285186
			
	Note: Period of insurance: 30/6/03 to 30/06/04	  	 	  	 








 Schedule 18 
  
 Variations to the principles used in preparing the Last Accounts. 
  
 The Completion Accounts will be prepared in accordance with Mayne financial policy and Australian Accounting Standards that were adopted in preparation of the Last
Accounts. Accounting Standards and UIG Abstracts that are issued after the date of the Last Accounts shall be ignored for the purposes of preparing the Completion Accounts. The application of Australian Accounting Standards and generally accepted
accounting principles, applied on a consistent basis with the Last Accounts, for the purposes of preparing the Completion Accounts, the Completion Adjusted Net Assets Statement and the Completion Amount, will be qualified as follows: 
  

	•	Fixed Assets shall be reconciled to underlying fixed asset registers No fixed asset stocktake shall be undertaken; 

  

	•	Depreciation rates used for the purposes of the Completion Accounts will be materially the same as those used for the Last Accounts; 

  

	•	No revaluations of Non Current Assets (including land, buildings, plant and equipment, assets under construction, computer software, goodwill, licences, and investments, ) will be
undertaken between the Last Accounts and the Completion Accounts; 

  

	•	Revaluations of Property Plant and Equipment will not apply in the preparation of the Completion Accounts; 

  

	•	Goodwill will be carried in the Completion Accounts at the same value as that disclosed in the Last Accounts, with no amortisation being charged between the Last Accounts and
Completion Accounts; 

  

	•	Long service leave entitlements and annual leave entitlements will be applied in a manner consistent with the Last Accounts.). 

  

	•	Sick Leave entitlements do not vest and therefore are expensed as incurred. Neither the Last Accounts nor the Completion Accounts will include provisions for Sick Leave;


  

	•	The Doubtful Debts provision will be calculated in accordance with policy adopted by Indonesian hospitals consistent with the Last Accounts; 

  

	•	UIG 1 - Surplus leased space will not apply for the purposes of the Completion Accounts; 

  

	•	Prepayments will only be included in the Completion Accounts to the extent that benefit from these items will accrue to the Purchaser; 

  

	•	Other Non Current Assets will only be included in the Completion Accounts to the extent that benefit from these items will accrue to the Purchaser; 

  

	•	Incentives will be provided for in the Completion Accounts on a full year budgeted, pro-rata (to the date of Completion) basis. 

  

	•	For purposes of any currency conversion from Indonesian Rupiah to Australian dollars (or vica versa) referred to in or required for the preparation of the Completion Accounts, money
will be converted at the average rate of exchange quoted by Bloombergs at 10.00am on the 5 days immediately prior to the Completion Date (or if any of those days is not a date on which the currency is traded, as at the immediately preceding trading
date). 

  

	•	The payment of amounts in relation to the ANZ Facility Agreement pursuant to clause 5.3(b) are to be disregarded. 

  

	•	The payment of amounts in relation to the ANZ Facility Agreement pursuant to clause 4.2 are to be taken into account. 

  

	•	The payment of amounts in relation to the Intercompany Debt pursuant to clause 4.2 are to be taken into account. 








 Annexure A 
 Data
Room Index 







 Indonesia 3 - Consolidated Index 
  
 17 October 2003 
  

	 Category

	  	Barcode

	  	 Title

	  	Doc. Date


	 1 - Hospitals
	  	 
		
	 1.1 - General Information
	  	 
				
	 	  	0293	  	Optimal Timeline Transfer of Shares in Indonesia PMA Companies	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	0294	  	Letter of Advice from Hiswara Bunjamin & Tandjung - Re-Indonesian Law Advice	  	14-Jul-2003
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Hiswara Bunjamin & Tandjung	  	 
	 	  	 	  	Clayton Utz	  	 
	 	  	 	  	Dawborn D	  	 
	 	  	 	  	Fadhya M	  	 
	 	  	 	  	Jordan K	  	 
	 	  	 	  	Algar J	  	 
		
	 1.2 - External Valuations
	  	 
				
	 	  	0186	  	JLW Indonesian Valuations - RS International Bintaro - RS Mitra Keluarga - Kelapa Garling - Jakarta	  	Undated
				
	 	  	Comments:	  	Please Refer to Updated Document 1244	  	 
		
	 3 - Strategic Plan
	  	 
		
	 3 - Strategic Plan
	  	 
				
	 	  	0145	  	Strategic Plan - Indonesia - Bintaro Hospital - FY04 - FY06	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	0146	  	Strategic Plan - Indonesia - Jatinegara Hospital - FY04 - FY06	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	0147	  	Strategic Plan - Indonesia - Surabaya Hospital - FY04 - FY06	  	Undated
				
	 	  	Comments:	  	 	  	 

  


	 Friday, 17 October 2003
	 	Page 1 of 37










	 Category

	  	Barcode

	  	 Title

	  	 Doc. Date


	4 - Financials & Accounts	  	 
		
	 4.8 - Financial Summary
	  	 
				
	 	  	0158	  	Mayne Hospitals - Indonesia - Indonesia - By Hospital - FY02 to FY04 - Comparison FY03 to FY04	  	Undated
	 	  	Comments:	  	 	  	 
		
	 16 - Black Box
	  	 
		
	 16.12 - Indonesian JV Arrangements - PT Putamas Muliasantosa
	  	 
				
	 	  	0252	  	Novation and Amendment Agreement - There are 4 Counterparts Each Signed by Various Parties - PT Putramas Muliasantosa	  	28-Sep-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	Greenwich Healthcare Limited	  	 
	 	  	 	  	Arezzo Investments Limited	  	 
	 	  	 	  	PT Calida Ekaprana	  	 
	 	  	 	  	PT Enseral	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	0253	  	Share Subscription Agreement - PT Putramas Muliasantosa	  	23-Mar-1999
				
	 	  	Comments:	  	 	  	 
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Enseral	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	0255	  	Share Subscription and Purchase Agreement - Executed - PT Putramas Muliasantosa	  	30-Jul-1996
				
	 	  	Comments:	  	 	  	 
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Enseral	  	 
	 	  	 	  	PT Griyalnsani Cakrasadaya	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	0256	  	Supplemental Agreement - PT Putramas Muliasantosa	  	23-Mar-1999
				
	 	  	Comments:	  	 	  	 
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Enseral	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 

  


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	 	  	0257	  	Put and Call Option Agreement Over Shares - 2 Counterparts Each Signed by 1 Party - PT Putramas Muliasantosa	  	05-Oct-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ekabinanusa Yamasela Indonesia	  	 
				
	 	  	0258	  	Pledge of Shares Agreement - 3 Counterparts Each Signed by 1 Party - PT Putramas Muliasantosa	  	05-Oct-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ekabinanusa Yamasela Indonesia	  	 
				
	 	  	0259	  	Assignment of Distribution Agreement - 3 Counterparts Each Signed by One Party - PT Putramas Muliasantosa	  	05-Oct-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ekabinanusa Yamasela Indonesia	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	0260	  	Loan Agreement - 2 Counterparts Each Signed by One of the Parties - PT Putramas Muliasantosa	  	05-Oct-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ekabinanusa Yamasela Indonesia	  	 
				
	 	  	0261	  	Share Sale and Purchase Agreement - 4 Counterparts Each Signed by Various Parties - PT Putramas Muliasantosa	  	23-Nov-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Calida Ekaprana	  	 
	 	  	 	  	Greenwich Healthcare Limited	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
	 	  	 	  	PT Enseral	  	 
				
	 	  	0263	  	Irrevocable Power of Attorney to Exercise Shareholders Rights - 2 Counterparts Each Signed by One Party - PT Putramas Mulias	  	02-Oct-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ekabinanusa Yamasela Indonesia	  	 

  


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	 	  	0264	  	Irrevocable Power of Attorney to Sell Shares - 2 Counterparts Each Executed by 1 of the Parties - PT Putramas Muliasantosa	  	02-Oct-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ekabinanusa Yamasela Indonesia	  	 
				
	 	  	0265	  	Joint Venture Agreement - 4 Counterparts Each Executed by Various Parties - PT Putramas Muliasantosa	  	02-Oct-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
	 	  	 	  	PT Ekabinanusa Yamasela Indonesia	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	0266	  	Termination Agreement - 4 Counterparts Each Signed by Various Parties - PT Putramas Muliasantosa	  	30-Nov-2001
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	Greenwich Healthcare Limited	  	 
	 	  	 	  	Arezzo Investments Limited	  	 
	 	  	 	  	PT Calida Ekaprana	  	 
	 	  	 	  	PT Enseral	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	0267	  	Amended and Restated Joint Venture Agreement - PT Putramas Muliasantosa	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Enseral	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	0268	  	Joint Venture Agreement - PT Putramas Muliasantosa	  	30-Jul-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Enseral	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 

  


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	 	  	0269	  	Letter of Appointment - PT Putramas Muliasantosa	  	30-Jul-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Enseral	  	 
	 	  	 	  	PT Griyainsani Cakrasadaya	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
	 	  	 	  	Soemadipradja R	  	 
	 	  	 	  	Dare H	  	 
				
	 	  	0363	  	Revolving Credit & Guarantee Facility Agreement - PT Putramas Muliasantosa	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mayne Logistics Operations Indonesia	  	 
	 	  	 	  	PT ANZ Panin Bank	  	 
		
	 16.13 - Indonesian JV Arrangements - PT Healthcare Surabaya
	  	 
				
	 	  	0244	  	The Amendment of the Articles of Association of PT Healthcare of Surabaya - Unexecuted	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	0247	  	Circular Resolution of the Shareholders of PT Health Care of Surabaya	  	11-Apr-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ready Indah	  	 
				
	 	  	0248	  	Amendment Agreement - 2 Counterparts Each Signed by Various Parties - PT Healthcare Surabaya	  	06-Apr-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
	 	  	 	  	PT Ready Indah	  	 
				
	 	  	0250	  	Amended and Restated Joint Venture Agreement - PT Healthcare Surabaya	  	17-Dec-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
	 	  	 	  	PT Ready Indah	  	 

  


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	 	  	0251	  	PT Health Care of Surabaya Joint Venture Agreement	  	25-Sep-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ready Indah	  	 
				
	 	  	0262	  	Share Purchase and Shareholder Agreement - PT Healthcare Surabaya	  	16-Oct-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ready Indah	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	0272	  	Circular Resolution of the Shareholders of PT Health Care of Surabaya	  	23-Jan-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ready Indah	  	 
				
	 	  	0273	  	Circular Resolution of the Shareholders of PT Health Care of Surabaya	  	17-Dec-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Nickless Ltd	  	 
	 	  	 	  	PT Ready Indah	  	 
				
	 	  	0364	  	Facility Agreement - PT Health Care Surabaya	  	15-Nov-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
	 	  	 	  	PT ANZ Panin Bank	  	 
		
	 17 - Indonesian Documents
	  	 
		
	 17 - Indonesian Documents
	  	 
				
	 	  	2654	  	Certificate of Registration No 509662	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	2655	  	Certificate of Registration No 509663	  	Undated
				
	 	  	Comments:	  	 	  	 

  


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	 	  	2656	  	Certificate of Registration No 509664	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	2657	  	Attachment to Certificates of Registration	  	Undated
				
	 	  	Comments:	  	Refer to documents 2654 2655 and 2656	  	 
		
	 17.1 - PT Putramas Muliasantosa
	  	 
				
	 	  	1352	  	Licences Issued by the Capital Investment Coordinating Board - Approval of the State Minister of Capital Investment-Chairman BKPM on the Change of Status from Non PMDN-PMA Company
to PMA Company	  	24-Sep-1996
				
	 	  	Comments:	  	BKPM Approval Number 82-V-PMA-1996	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1353	  	Licences Issued by the Capital Investment Coordinating Board - Expansion Approval of Foreign Capital Investment	  	22-Oct-1996
				
	 	  	Comments:	  	BKPM Approval Number 221-II-PMA-1996	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1354	  	Licences Issued by the Capital Investment Coordinating Board - Amendment Approval of BKPM Approval No 82-V-PMA-1996	  	23-Oct-1996
				
	 	  	Comments:	  	BKPM Approval Number 847-III-PMA-96	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1355	  	Licences Issued by the Capital Investment Coordinating Board - Amendment Approval of BKPM Approval No 221-II-PMA-1996	  	06-Nov-1996
				
	 	  	Comments:	  	BKPM Approval Number 940-III-PMA-96	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1356	  	Licences Issued by the Capital Investment Coordinating Board - Approval of Change of Ownership	  	24-Sep-1997
				
	 	  	Comments:	  	BKPM Approval Number 1332-III-PMA-1997	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1357	  	Licences Issued by the Capital Investment Coordinating Board - Approval of Extension of Project Completion- Change in Invest Plan and Funding-Capitalisation	  	10-Feb-1999
				
	 	  	Comments:	  	BKPM Approval Number 110-III-PMA-1999	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 

  


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	 	  	1358	  	Licences Issued by the Capital Investment Coordinating Board - Approval of the Amendment to the Provisions of Capital Investi Project	  	21-Dec-2000
				
	 	  	Comments:	  	BKPM Approval Number 1901-III-PMA-2000	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1359	  	Licences Issued by the Capital Investment Coordinating Board - Approval of Change in Project Plan	  	21-Sep-2001
				
	 	  	Comments:	  	BKPM Approval Number 1278-III-PMA-2001	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1360	  	Licences Issued by the Capital Investment Coordinating Board - Approval of Change in Project Plan of Capital Investment	  	09-Nov-2001
				
	 	  	Comments:	  	BKPM Approval Number 1489-III-PMA-2001	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1361	  	Audited Consolidated Financial Statements for the Years Ended 30 June 2001 and 30 June 2002	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1362	  	Collective Enterprise Agreement of Mitra International Hospital Which Has Been Acknowledged by the Agency Office of Manpowe Transmigration of DKI Jakarta	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1363	  	Deed of Establishment No 54 Made Before Rachmat Santoso - SH - Notary in Jakarta	  	07-Apr-1993
				
	 	  	Comments:	  	 	  	 
				
	 	  	1364	  	Deed No 25 Made Before Lukman Kirana - SH - Notary in Jakarta	  	24-Oct-1994
				
	 	  	Comments:	  	 	  	 
				
	 	  	1365	  	Deed No 267 Made Before Buntario Tigris Darmawa - Ng - SH - Notary Candidate - the Substitute of Rachmat Santoso - SH - Not in Jakarta	  	19-May-1995
				
	 	  	Comments:	  	 	  	 
				
	 	  	1366	  	Deed No 147 Made Before Buntario Tigris Darmawa - Ng - SH - Notary Candidate - the Substitute of Rachmat Santoso - SH - No In Jakarta	  	15-Sep-1995
				
	 	  	Comments:	  	 	  	 
				
	 	  	1367	  	Deed No 180 Made Before Buntario Tigris Darmawa - Ng - SH - Notary Candidate - the Substitute of Rachmat Santoso - SH - No In Jakarta	  	26-Dec-1995
				
	 	  	Comments:	  	 	  	 

  


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	 	  	1368	  	Deed No 23 Made Before Buntario Tigris Darmawa - Ng - SH - Notary Candidate - the Substitute of Rachmat Santoso - SH - Notary in Jakarta	  	02-Dec-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1369	  	Deed No 149 Made Before Buntario Tigris Darmawa - Ng - SH - Notary Candidate - the Substitute of Rachmat Santoso - SH - Notary in Jakarta	  	17-Oct-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	1370	  	Deed No 174 Made Before Haji Muhammad Afdal Gazali - SH - Notary in Jakarta	  	23-Mar-1999
				
	 	  	Comments:	  	 	  	 
				
	 	  	1371	  	Deed No 90 Made Before Haji Muhammad Afdal Gazali - SH - Notary in Jakarta - Which Deed has been Notified to the Minster of Justice and Human Rights - MoJ- on 25-Jun-2001 and
Registered in the Company Register at the Department of Industry and Trade DoIT - on 02-Jul-2001	  	18-Jun-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1372	  	Deed No 91 Made Before Haji Muhammad Afdal Gazali - SH - Notary in Jakarta - Which Deed has been Notified to the MoJ on 25 2001 and Registered in the Company Register at the DoIT
on 02-Jul-2001	  	18-Jun-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1373	  	Deed No 20 Made Before Aulia Taufani - SH - the Substitute of Sutjipto - SH - Notary in Jakarta - Which Deed has been Notified the MoJ on 19-Oct-2001 and Registered in the Company
Register at the DoIT on 30-Nov-2001	  	09-Oct-2001
				
	 	  	 Comments:
	  	 	  	 
				
	 	  	1374	  	Deed No 21 Made Before Aulia Taufani - SH - the Substitute of Sutjipto - SH- Notary in Jakarta - Which Deed has been Registered in the Company Register at the DoIT on
30-Nov-2001	  	09-Oct-2001
				
	 	  	 Comments:
	  	 	  	 
				
	 	  	1375	  	Deed No 32 Made Before Aulia Taufani - SH - the Substitute of Sutjipto - SH - Notary in Jakarta	  	12-Oct-200l
	 	  	Comments:	  	 	  	 
				
	 	  	1376	  	Deed No 45 Made Before Aulia Taufani - SH - the Substitute of Sutjipto - SH - Notary in Jakarta - Which Deed has been Notified the MoJ on 26-Mar-2002 and Registered in the Company
Register at the DoIT on 17-Apr-2002	  	20-Mar-2002
				
	 	  	 Comments:
	  	 	  	 
				
	 	  	1377	  	Deed No 46 Made Before Aulia Taufani - SH - the Substitute of Sutjipto - SH - Notary in Jakarta	  	20-Mar-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1378	  	Deed No 47 Made Before Aulia Taufani - SH - the Substitute of Sutjipto - SH - Notary in Jakarta	  	20-Mar-2002
				
	 	  	Comments:	  	 	  	 

  


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	 	  	1379	  	Deed No 91 Made Before Aulia Taufani - SH - the Substitute of Sutjlpto - SH - Notary in Jakarta - Which Deed has been Notified the MoJ on 28-Jun-2002 and Registered in the Company
Register at the DoIT on 23-Aug-2002	  	20-Jun-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1380	  	Deed No 169 Made Before Aulia Taufani - SH - the Substitute of Sutjipto - SH - Notary in Jakarta	  	27-Nov-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1381	  	Deed No 140 Made Before Aulia Taufani - SH - the Substitute of Sutjipto - SH - Notary in Jakarta	  	23-Jul-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	1382	  	Collective Share Certificate Serial No 1 - Registered Under the Name of Mayne Nickless Limited as the Owner-Holder of 8 479 14 Shares in Putramas Issued on 05-Oct-2001	  	05-Oct-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1383	  	Collective Share Certificate Serial No 4 - Registered Under the Name of PT Health Care of Surabaya as the Owner-Holder of 4 9 168 Shares in Putramas Issued on 30-Nov-2001	  	30-Nov-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1384	  	Collective Share Certificate Serial No 5 - Registered Under the Name of PT Ekabinanusa Yamasela Indonesia as the Owner-Hold 706 596 Shares in Putramas Issued on
30-Nov-2001	  	30-Nov-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1385	  	Decision of Minister of Health and Social Welfare of the Republic of Indonesia No YM-02-04-2-2-3397 Regarding the Grant of the Extension Operational License - Issued on
06-Jul-2001	  	06-Jul-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1386	  	Decision of Minister of Health and Social Welfare of the Republic of Indonesia No YM-02-04-2-2-1402 Regarding the Approval of Change of Name from Jatinegra Mitra Keluarga Public
Hospital to Mitra International Public Hospital and the Grant of the 1st Extension Permanent Business License to Putrumas	  	01-Apr-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1387	  	Company Registration Number No 0904-1-85-13103	  	17-Apr-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1388	  	A Letter from the Directorate General of Tax of the Department of Finance No S-2440-WPJ-04-KP-0203-2001 Regarding the [ILLEGIBLE] of Company Tax Registration Number No
01-609-966-5-002-000	  	26-Apr-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1389	  	Letter of Domicile	  	23-Mar-1995
				
	 	  	Comments:	  	 	  	 

  


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	 	  	1390	  	Statement Letter No 81-1-82-00	  	23-Mar-1995
				
	 	  	Comments:	  	 	  	 
				
	 	  	1391	  	Supplement No 3870 to the State Gazette of the Republic of Indonesia No 33 as the Announcement of Deed of Establishment No Dated 07-Apr-1993 Made Before Rachmat Santoso - SH - Notary
in Jakarta as Referred to in Document 1363	  	23-Apr-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1392	  	Supplement No 3871 to the State Gazette of the Republic of Indonesia No 33 as the Announcement of Deed No 33 Dated 24-Oct-1994 Made Before Lukman Kirana - SH - Notary in
Jakarta	  	23-Apr-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1393	  	Supplement No 3872 to the State Gazette of the Republic of Indonesia No 33 as the Announcement of Deed No 147 Dated 15-Sep-1995 Made Before Buntario Tigris Darmawa - Ng - SH - Notary
Candidate - the Substitute of Rachmat Santoso - SH - Notary in Jakarta	  	23-Apr-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1394	  	Supplement No 5394 to the State Gazette of the Republic of Indonesia No 92 as the Announcement of Deed No 23 Dated 02-Dec-1996 Made Before Buntario Tigris Darmawa - Ng - SH - Notary
Candidate- the Substitute of Rachmat Santoso - SH - Notary in Jakarta	  	18-Nov-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1395	  	Supplement No 1419 to the State Gazette of the Republic of Indonesia No 19 as the Announcement of Deed No 149 Dated 17-Oct-1997 Made Before Buntario Tigris Darmawa - Ng- SH - Notary
Candidate- the Substitute of Rachmat Santoso - SH - Notary in Jakarta	  	06-Mar-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	1396	  	Supplement No 3882 to the State Gazette of the Republic of Indonesia No 58 Dated 21-Jul-2000 as the Announcement of Deed [ILLEGIBLE] 174 Dated 23-Mar-1999 Made Before Haji Muhammed
Afdal Gazali - SH - Notary in Jakarta	  	06-Mar-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	1397	  	Supplement No 1 to the State Gazette of the Republic of Indonesia No 1 as the Announcement of Deed No 32 Dated 12-Oct-200 [ILLEGIBLE] Made Before Aulia Taufani - SH - the Substitute
of Sutjipto - SH - Notary in Jakarta	  	02-Jan-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1398	  	Supplement No 565 to the State Gazette of the Republic of Indonesia No 13 as the Announcement of Deed No 46 Dated 20-Mar- [ILLEGIBLE] Made Before Aulia Taufani - SH - the Substitute
of Sutjipto - SH - Notary in Jakarta	  	13-Aug-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1399	  	Deed of Sale and Purchase of Building and Relinquishment of Land No 37 Made Before Lukman Kirana - SH - Notary in Jakarta	  	23-Dec-1994
				
	 	  	Comments:	  	 	  	 
				
	 	  	1400	  	Ownership Right - Hak Milik - HM - Certificate No 66 - Rawabangke as Described in the Measurement Letter No 277-1957 Dated Sep-1957	  	Undated
				
	 	  	Comments:	  	 	  	 

  


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	 	  	1401	  	Rights to Build - Hak Guna Bangunan - HGB - Certificate No 573 - Balimester - as Described in the Measurement Letter No 29-1 Dated 20-Mar-1980	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1402	  	Deed of Sale and Purchase of a Plot of Land No 53-Jatinegara-1995 Made Before Misahardi Wilamarta - SH - Land Deed Official Jakarta	  	15-Mar-1995
				
	 	  	Comments:	  	 	  	 
				
	 	  	1403	  	HGB Certificate No 810-Balimester as Described in the Measurement Letter No 28-1980 Dated 20-Mar-1980 and Deed of Sale a Purchase of a Plot of Land No 51-Jatinegara-1995 Dated
15-Mar-1995 Made Before Misahardi Wilamarta - SH - Land Deed Officia Jakarta	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1404	  	HGB Certificate No 843-Balimester as Described in the Measurement Letter No 246-1987 Dated 14-Jan-1987 and Deed of Sale £ Purchase of a Plot of Land No 52-Jatinegra-1995 Dated
15-Mar-1995 Made Before Misahardi Wilamarta - SH - Land Deed Official Jakarta	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1405	  	HGB Certificate No 1030/Balimester as Described in the Situation Map No 6192/1995 Dated 26-Oct-1995	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1406	  	HGB Certificate No 1080/Balimester - as Described in the Measurement Letter No 05/1998 Dated 02-Apr-1998	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1407	  	HGB Certificate No 1078/Ballmester - as Described in the Situation Map No 6191/1995 Dated 26-Oct-1995	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1408	  	HGB Certificate No 1111/Balimester - as Described in the Measurement Letter No 13/2001 Dated 25-Jun-2001	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1409	  	Decision of the MoJ No C2-14307.HT.01.04.TH.95 Dated 07-Nov-1995 Which Approves the Resolutions in Deed No 147 Dated 15 1995 Made Before Buntario Tigris Darmawa Ng SH Notary
Candidate - the Substitute of Rachmat Santoso SH Notary In Jakarta Referred to in Document 1366	  	07-Nov-1995
				
	 	  	Comments:	  	 	  	 
				
	 	  	1410	  	Decision of MoJ no C2-11012.HT.01.04.TH96 Dated 13-Dec-1996 Which Approves the Resolutions Adopted in Deed N 23 Dated C Dec-1996 Made Before Buntario Tigris Darmawa Ng SH Notary
Candiate - the Substitute of Rachmat Santoso SH Notary in Jakai Referred to in Document 1368 and Registration in the Compnay Register at DoIT on 03-Sep-1997	  	13-Dec-1996
				
	 	  	Comments:	  	Please Also Refer to Notification Receipt from the MoJ Dated 05-Dec-1996 on the Change In the Composition of the Board of Dir and the Board of Commissioners of Putramas and
Registration Evidence Dated 18-Dec-1996 - Document 1411	  	 

  


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	 	  	1411	  	Notification Receipt from the MoJ dated 05-Dec-1996 on the Change in the Composition of the Board of Directors and the Board Commissioners of Putramas and Registration Evidence Dated
18-Dec-1996	  	05-Dec-1996
				
	 	  	Comments:	  	Please Also Refer to Decision of MoJ No C2-11012.HT.01.04.TH96 Dated 13-Dec-1996 Which Approves the Resolutions Adopted Deed No 23 Dated 02-Dec-1996 Made Before Buntario Tigris
Darmawa Ng SH Notary Candidate - the Substitute of Rachmat Sar SH Notary in Jarkarta as Referred to in 1368 and Registration in the Compnay Register as DoIT on 03-Sep-1997 - Document 14	  	 
				
	 	  	1412	  	Report Evidence from MoJ No C2-HT.01.04.A-9593 Dated 13-Dec-1996 and Registration Evidence in the Compnay Register at D on 03-Sep-1997 for Resolutions Adopted in Deed No 23 Dated
02-Dec-1996 made Before Buntario Tigris Darmawa Ng Sh Notar Candidate - the Substitute of Rachmat Santoso SH Notary in Jakarta as Referred to in Document 1368	  	13-Dec-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1413	  	Decision of MoJ No C2-11370.HT.01.04-TH.97 Dated 31-Oct-1997 Which Approves the Resolutions Adopted in Deed No 149 Date 17-Oct-1997 Made Before Bunatrio Tigris Darmawa Ng SH Notary
Candidate - the Substitute of Rachmat Santoso SH Notary in Jakarta and Registration Evidence in the Company Register at the DoIT on 25-Nov-1997 as Referred to in Document 1369	  	31-Oct-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	1414	  	Decision of MoJ No C2-5796.HT.01.04.TH.99 Dated 31-Mar-1999 which Approves the Resolutions Adopted in Deed No 174 Dated Mar-1999 Made Before Haji Muhammad Afdal Gazall SH Notary in
Jakarta and Registration Evidence in the Company Register at DoIT on 17-mar-2000	  	31-Mar-1999
				
	 	  	Comments:	  	 	  	 
				
	 	  	1415	  	Decision of MoJ No C-11584.HT.01.04.TH.2001 Dated 26-Oct-2001 and Registration on the Company Register at DoIT on 30-Nov 2001 Which Approves the Resolutions Adopted in Deed No 32
Dated 12-Oct-2001 Made Before Aulia Taufani SH the Substitute [ILLEGIBLE] Sutjipto SH Notary in Jakarta	  	26-Oct-2001
				
	 	  	Comments:	  	Please Also Refer to Notification Receipt from the MoJ No C-11585 HT.01.04.TH.2001 Dated 26-Oct-2001 and Registration [ILLEGIBLE] in the Company Register at DoIT on 30-Nov-2001 at
Document 1416	  	 
				
	 	  	1416	  	Notification Receipt from the MoJ No C-11585 HT.01.4.TH.2001 Dated 26-Oct-2001 and Registration Evidence in the Compnay Register at DoIT on 30-Nov-2001	  	26-Oct-2001
				
	 	  	Comments:	  	Please Refer to Decision of MoJ No C-11584.HT.01.4.TH.2001 Dated 26-Oct-2001 and Registration in the Company Register at [ILLEGIBLE] on 30-Nov-2001 Which Approves the Resolutions
Adopted in Deed No 32 Dated 12-Oct-2001 made Before Aulia Taufani SH the Substitute of Sutjipo Sh Notary in Jakarta	  	 
				
	 	  	1417	  	Notification Receipt from the MoJ No C-11585 HT.01.04.TH.2001 Dated 26-Mar-2002 and Registration Evidence in the Compnay Register at DoIT on 17-Apr-2002	  	26-Mar-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1418	  	Building Licence Permit No 2495/IMB/1991 Dated 28-Feb-1991	  	28-Feb-1991
				
	 	  	Comments:	  	 	  	 
				
	 	  	1419	  	Building Licence Permit No 07340/IMB/1996 Dated 20-Aug-1996	  	20-Aug-1996
				
	 	  	Comments:	  	 	  	 

  


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	 	  	1420	  	The Extension of Building Utilisation Permit No 778/IPPB/1996 Dated 19-Dec-1996	  	19-Dec-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1421	  	Building Licence Permit No 1100/IMB/1996 Dated 26-Feb-1996	  	26-Feb-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1422	  	Building Licence Permit No 7684/IMB/1990 Dated 19-Sep-1990	  	19-Sep-1990
				
	 	  	Comments:	  	 	  	 
				
	 	  	1423	  	Building Licence No Permit No 04241/IMB/1988 Dated 29-Jun-1988	  	29-Jun-1988
				
	 	  	Comments:	  	 	  	 
				
	 	  	1424	  	Trade Business Licence - SIUP NO 181/8715-P/09-05/PB/X/96 Dated 25-Oct-1996	  	25-Oct-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1425	  	Jamsostek Payment Receipt No 7489 Dated 28-Oct-2002 - Jamsostek Payment Receipt No 7490 Dated 28-Oct-2002 - Jamsostek Payment Receipt No 7491 Dated 28-Oct-2002 - Jamsostek Payment
Receipt No 7492 Dated 28-Oct-2002 - Jamsostek Payment Receipt No 7493 Dated 28-Oct-2002 - Jamsostek Payment Receipt No 7494 Dated 28-Oct-2002 - Jamsostek Payment Receipt No 7495 Dated 28-Oct-2002 - Jamsostek Payment Receipt No 7496 Dated 28-Oct-2002
- Jamsostek Payment Receipt No 7497 Date Oct-2002 - Jamsostek Payment Receipt No 7901 Dated 18-Nov-2002 - Jamsostek Payment Receipt No 8342 Dated 19-Dec-2002 Jamsostek Payment Receipt No 8806 Dated 17-Jan-2003	  	Undated
				
	 	  	Comments:	  	Manpower Social Security Program	  	 
				
	 	  	1426	  	Jamsostek Payment Receipt No 7498 Dated 28-Oct-2002 - Jamsostek Payment Receipt No 7499 Dated 28-Oct-2002 - Jamsostek - Payment Receipt No 7500 Dated 28-Oct-2002 - Jamsostek Payment
Receipt No 7501 Dated 28-Oct-2002 - Jamsostek Payment Receipt No 7502 Dated 28-Oct-202 - Jamsostek Payment Receipt No 7503 Dated 28-Oct-2002 - Jamsostek Payment Receipt No Dated 28-Oct-2002 - Jamsostek Payment Receipt No 7505 Dated 28-Oct-2002 -
Jamsostek Payment Receipt No 7506 Dated 28 - 2002 - Jamsostek Payment Receipt No 7902 Dated 18-Nov-2002 - Jamsostek Payment Receipt No 8343 Dated 19-Dec-2002 - Jamsostek Payment Receipt No 8822 Dated 17-Jan-2003	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1427	  	The List of Old Age Security Balance for the Year 2002	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1428	  	Decision of the Director General of Training Development and Domestic Manpower Placement No KEP-11811/BL/DIAGUNA/2002 Dated 01-Oct-2002 Regarding the Ratification of the Utilization
Plan of Foreign Manpower	  	01-Oct-2002
				
	 	  	Comments:	  	 	  	 

  


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	 	  	 	  	Parties	  	 
	 	  	 	  	Putramas Muliasantosa	  	 
				
	 	  	1429	  	Foreign Manpower Permit No KEP-05/D.P3TKDN/2003 Dated 03-Jan-2003 Issued by the Director General of Training Development and Domestic Manpowe Placement of the Department of Manpower
and Transmigration	  	03-Jan-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	1430	  	Decision of the Director General of Training Development and Domestic Manpower Placement No KEP-10877/BL/DIAGUNA/2002 Regarding the Ratification of the Utilisation Plan of Foreign
Manpower Dated 06-Sep-2002	  	09-Sep-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Putramas Muliasantosa PT	  	 
				
	 	  	1431	  	Decision of the Minister of Manpower and Transmigration No KEP.3165/MEN/P/IKTA/2003 Regarding the Grant of a Permit to Em a Foreign Manpower Dated 0l-Aug-2003 and the Limited Stay
Permit Card No 2C2JE2825-B Issued on 13-Mar-2003 All Under the Name of Richard Michael Sweetnam	  	0l-Aug-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	1432	  	Decision of the Minister of Manpower and Transmigration No KEP.7206/MEN/B/IKTA/2002 Dated 09-Oct-2002 and the Limited St Permit Card No 2C1JE8067-A Issued on 20-Sep-2002 -
Certificate of Police Registration No 00-24315/PO/X/2002 and Visa All Under the Name of Richard Joseph Graeme Turner	  	09-Oct-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1433	  	Decision of the Minister of Manpower and Transmigration No KEP.7205/B/IKTA/2002 Dated 09-Oct-2002 - Limited Stay Permit C No 2C1JE 8068 A Issued on 20-Sep-2002 and Visa - All of Them
Under the Name of Kim Lorraine Primmer	  	09-Oct-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1434	  	Circular Resolution of the Shareholders of Putramas Dated 29-Apr-2003	  	29-Apr-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	1435	  	Circular Resolution of the Shareholders of Putramas Dated 09-Sep-2002	  	09-Sep-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	1436	  	Circular Resolution of the Shareholders of Putramas Dated 20-May-2002	  	20-May-2002
				
	 	  	Comments:	  	 	  	 

  


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	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	1437	  	Circular Resolution of the Board of Commissioners of Putramas Dated 26-Apr-2002	  	26-Apr-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	1438	  	Capital Investment Activity Report - LKPM for the Second Semester of the Year 2002	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1439	  	Site Plan of the Location Plan of Parking Building	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1440	  	Apartment Lease Agreement at Four Seasons - Regent Residences - Undated - Between PT Dewata Wibawa and Putramas	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1441	  	Lease Agreement Dated 25-Sep-2001 Between Putramas/Mitra Keluarga Hospital and Mr Indra Agus	  	25-Sep-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	 PT Putramas Muliasantosa
  
 Agus I
	  	 
				
	 	  	1442	  	Working Agreement No 03/MC/PKS/RSMK/1997 Dated 03-Feb-1997 Between Dr Juniwati Gunawan and Drg Gunawan Atmadja	  	03-Feb-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	1443	  	Working Agreement No 02/MC/PKS/RMSK/1997 Dated 03-Feb-1997 Between Dr Juniwati Gunawan and Drg JF Mukidjam	  	03-Feb-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	1444	  	Working Agreement No 01/MC/PKS/RSMK/1997 Dated 03-Feb-1997 Between Dr Juniwati Gunawan and Dr Teddy TJahyanto	  	03-Feb-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	1445	  	Agreement on Manpower Supply - Cleaning Service - Laundry - Security Guard and Cook as well as Other Kitchen Staff at Mitra Keluarga Hospital - Dated 30-Aug-1999 Between Dr Rudy
Cahyadi Susilo and Harno	  	30-Aug-1999
				
	 	  	Comments:	  	 	  	 
				
	 	  	1446	  	Agreement for Laundry Service dated 01-Jul-1999 Between Mitra Keluarga Jatinegara Hospital and PT Estetika Enterprisindo	  	01-Jul-1999
				
	 	  	Comments:	  	 	  	 
				
	 	  	1447	  	Lease Agreement Dated 01-Aug-1998 Between Mitra Keluarga Jatinegara Hospital and Toko Nina	  	01-Aug-1998
				
	 	  	Comments:	  	 	  	 

  


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	 	  	1448	  	Lease Agreement Dated 28-Feb-2001 Between Mitra Keluarga Jatinegara Hospital and Kantin Nina	  	28-Feb-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1449	  	A Letter No 107/BM-AMB/IX/1996 Dated 17-Sep-1996 Regarding Co-Operation Agreement Between Bank Artamedia and Mitra Keluarga Hospital	  	17-Sep-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1450	  	Deed of Lease Agreement No 1 Dated 01-Apr-2003 Made Before Tjong Trisnawati SH Notary in Jakarta Entered Into by Mr Adrie Sudharmanto Nafarin and Putramas	  	01-Apr-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	1451	  	Co-Operation Agreement No 020/PKS/ATM/DKJL/2001 Dated 08-Aug-2001 Between Mitra Keluarga Hospital and Bank Central A Tbk	  	08-Aug-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1452	  	Co-Operation Agreement No [*]/PKS/ATM/SJP/2003 Dated 25-Jun-2003 Between Mitra Keluarga Hospital and Bank Central Asia	  	25-Jun-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	1453	  	Co-Operation Agreement Dated 11-August-1997 Between Putramas Muliasantosa and Yayasan Lensa Kontak Indonesia	  	11-Aug-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	1454	  	A Letter from Mutiara Patent to Putramas No 08081/MP/03 Dated 08-Aug-2003 and Trade Mark Registration Application No 300 2002.07054.07136 Dated 12-Apr-2002 - Execution Date - 08 Aug
2003 and 12 Apr 2002	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1455	  	Service Mark Licence Agreement Dated 05-Mar-2002 Between Maybe Group Limited and Putramas	  	05-Mar-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Group Limited	  	 
				
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	1456	  	List of the Board of Commissioners and the Board of Directors of Putramas	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1457	  	A Letter from Mayne Health to Dr Rudy Cahayadi Suslio Dated 01-Dec-2002	  	01-Dec-2002
				
	 	  	Comments:	  	 	  	 

  


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	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	 	  	RS Mitra International	  	 
				
	 	  	1458	  	A Letter from Putramas to Dr Rudy Cahyadi Susilo Dated 14-Jun-2001	  	14-Jun-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	1459	  	Executive Short Term Incentives	  	08-Aug-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	1460	  	List of Supplier Contracts	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1461	  	Maintenance Service Agreement No 0835 046 2000 Between RS Mitra International and PT GE Technology Indonesia with Period 18-Jan-2000 up to 17-Jan-2004	  	18-Jan-2000
				
	 	  	Comments:	  	 	  	 
				
	 	  	1462	  	Maintenance Service Contract No 010/ROCHE/RS/03 Between Mitra International Hospital and PT Roche Indonesia with Period from 27-May-2003 up to 26-May-2004	  	27-May-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	1463	  	Service Agreement No 183/BUR-DT/IX/2002 Between RS Mitra International and PT Bhineka Usada Raya with Period from 02-Oct-2002 up to 01-Oct-2003	  	02-Oct-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1464	  	Maintenance of Siemens Medical Equipment Agreement No 700 W2M020 Between RS Mitra International and PT Siemens Indone with Period from 01-Apr-2003 up to 31-Mar-2004	  	01-Apr-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	1465	  	Agreement No 026002/IKS/ABC-LAB/VI/2002 Between RS Mitra International and Laboratorium Amerind Bio-Clinic with Period 27-Jun-2002	  	27-Jun-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Rumah Sakit Mitra Internasional	  	 
				
	 	  	1466	  	Co-Operation Agreementn No R038/I-STAT/VII/2002 RW-DM Between RS Mitra International and Abbott Indonesia with Period from 01-Aug-2002 up to 30-Jul-2007	  	0l-Aug-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	1467	  	Co-Operation Agreement No 009/JKT/SPK-RR-RS/08/02 Between RS Mitra International and Lab Klinik Prodia with Period from Aug-2002 up to 30-Jul-2004	  	0l-Aug-2002
				
	 	  	Comments:	  	 	  	 

  


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	 	  	1469	  	Supply K - Medical Radiology Film and Developing Chemicals	  	20-Feb-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	 	  	PT Dian Graha Elektrika JI	  	 
				
	 	  	1514	  	Commercial Agreement	  	03-Aug-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	1516	  	List of Board of Directors and Board of Commissioners	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	 	  	Health Care of Surabaya	  	 
				
	 	  	2172	  	Indonesian Lease of Menara Dea	  	26-Apr-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Health Indonsesia	  	 
				
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	 	  	PT Suryamas Centra Perkasa	  	 
				
	 	  	2536	  	Ampera Paya Lease Agreement	  	15-Sep-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	2537	  	Trademark Certificate - PT Putramas Muliasantosa	  	Undated
				
	 	  	Comments:	  	 	  	 
		
	 17.2 - PT Health Care Surabaya
	  	 
				
	 	  	1346	  	Licences Issued by the Capital Investment Coordinating Board - Notification Letter of Presidential Approval	  	03-Sep-1996
				
	 	  	Comments:	  	BKPM Approval Number 630-I-PMA-1996	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 

  


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	 	  	1347	  	Licences Issued by the Capital Investment Coordinating Board - Approval of the Change in Investment Plan and Shares Owners	  	10-Nov-1998
				
	 	  	Comments:	  	BKPM Approval Number 1592-III-PMA-1998	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1348	  	Licences Issued by the Capital Investment Coordinating Board - Grant of Permanent Business Licence to Operate General Hospl the Name of Surabaya International Hospital	  	11-Jan-1999
				
	 	  	Comments:	  	BKPM Approval Number 19-T-KESEHATAN-1998	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1349	  	Licences Issued by the Capital Investment Coordinating Board - Expansion Approval of Foreign Capital Investment	  	29-Oct-2001
				
	 	  	Comments:	  	BKPM Approval Number 277-II-PMA-2001	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1350	  	Audited Financial Statements for the Years Ended 30 June 2001 and 30 June 2002	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1351	  	Company Regulations of Surabaya International Hospital	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1456	  	List of the Board of Commissioners and the Board of Directors of Putramas	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1468	  	Supply Agreement No 001-radiology Between RS Mitra International and Dian Graha Elektrika with Period from 20-Feb-2003 up Feb-2004	  	20-Feb-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	1522	  	Deed Documenting Amendments to Articles of Association	  	21-Feb-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1523	  	Deed Documenting Amendments to Articles of Association dated 17-Jan-1997 and Report Explaining Changes Dated 30-Oct-199	  	17-Jan-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 

  


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	 	  	1524	  	Deed Documenting Amendments to Articles of Association	  	21-Feb-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1525	  	Deed Documenting Amendments to Articles of Association	  	20-Jun-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1526	  	Deed Documenting Amendments to Articles of Association	  	27-Nov-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1527	  	Deed Documenting Amendments to Articles of Association	  	23-Jul-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1528	  	Deed Documenting Amendments to Articles of Association	  	25-Sep-1996
				
	 	  	Comments:	  	 	  	 
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1529	  	Document Relating to Operational Licence	  	28-Jul-1999
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1530	  	Company Registration Member Document	  	31-Jul-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1531	  	Company Tax Registration Number Document	  	18-Apr-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 

  


	 Friday, 17 October 2003
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	  	 Barcode

	  	 Title

	  	Doc. Date


	 	  	1532	  	Letter of Domicile Stating the Address of the Company	  	31-May-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1533	  	State Gazette Announcement of Certain Amendments to the Articles of Association	  	01-Jan-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1534	  	Land and Title Certificates	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1535	  	Ministry of Justice Approval in Respect of Certian Amendments to the Articles of Association	  	09-Dec-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1536	  	Ministry of Justice Approval in Respect of Certain Amendments to the Articles of Association	  	30-Oct-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1537	  	Building Licence	  	24-Jan-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1538	  	Investment Licence	  	17-Oct-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1539	  	Investment Licence	  	ll-Jan-1999
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 

  


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	  	 Title

	  	Doc. Date


	 	  	1540	  	Jamsostek Certificate	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1541	  	Circular Resolution of the Shareholders of the PT Health Care of Surabaya	  	28-Apr-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
	 	  	 	  	Mayne Group Limited	  	 
	 	  	 	  	PT Ready Indah	  	 
				
	 	  	1542	  	Circular Resolution of the Shareholders of the PT Health Care of Surabaya	  	10-Sep-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
	 	  	 	  	Mayne Group Limited	  	 
	 	  	 	  	PT Ready Indah	  	 
				
	 	  	1543	  	Circular Resolution of the Shareholders of the PT Health Care of Surabaya	  	05-Aug-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
	 	  	 	  	Mayne Group Limited	  	 
	 	  	 	  	PT Ready Indah	  	 
				
	 	  	1544	  	Circular Resolution of the Board of Commissioners of PT Health Care of Surabaya	  	13-May-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1545	  	Capital Investment Activity Report	  	01-Jan-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1546	  	Capital Investment Activity Report - Master List Appendices	  	17-Oct-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 

  


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	 	  	1547	  	Location Permit	  	19-Apr-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1548	  	Location Permit	  	14-Aug-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Ready Indah	  	 
				
	 	  	1549	  	Location Permit	  	24-Jan-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1550	  	Location Permit	  	04-Mar-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1551	  	Site Plan	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1552	  	Service Mark Licence Agreement	  	05-Mar-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
	 	  	 	  	Mayne Group Limited	  	 
				
	 	  	1553	  	List of Board of Directors and Board of Commissioners	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
				
	 	  	1554	  	Hospital CEO and Senior Executive Contract	  	15-Jul-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Health Care of Surabaya	  	 
	 	  	 	  	Budianto S	  	 

  


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	  	 Title

	  	Doc. Date


	 	  	 1555
	  	 Hospital CEO and Senior Executive Contract
	  	 08-Apr-1998

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 PT Health Care of Surabaya
 Udiah V
	  	 
				
	 	  	 1556
	  	 Executive Short Term Incentives
	  	 24-Feb-2003

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 1557
	  	 Supplier Contracts - Table
	  	 Undated

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
				
	 	  	 1558
	  	 Supplier Contract
	  	 21-Feb-2001

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 Fondaco Dental and Medical Supplies
	  	 
				
	 	  	 1559
	  	 Supplier Contract - Service Contract Proposal
	  	 13-Nov-2000

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 PT Health Care of Surabaya
	  	 
	 	  	 	  	 Fondaco Dental and Medical Supplies
	  	 
				
	 	  	 1560
	  	 Supplier Contract - Purchase Order No 03020193
	  	 Undated

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 Fondaco Dental and Medical Supplies
	  	 
				
	 	  	 1561
	  	 Supplier Contract - Purchase Order No 03020194
	  	 Undated

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 Fondaco Dental and Medical Supplies
	  	 

  


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	  	 Title

	  	Doc. Date


	 	  	 1562
	  	Supplier Contract - Unit Ventilator - Hamilton Medical - Switzerland No SC 0020/5BY/l50703	  	 Undated

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Fondaco Mitratama
	  	 
				
	 	  	 1563
	  	 Supplier Contract - Purchase Order No: 190 95/MM
	  	 14-Jul-2003

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 Fondaco Mitratama
	  	 
				
	 	  	 1564
	  	Supplier Contract - Unit Ventilator - Hamilton Medical - Switzerland - No. SC - 0006/5BY/260702	  	 28-Aug-2002

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Fondaco Mitratama
	  	 
				
	 	  	 1565
	  	 Supplier Contract - Purchase Order No. 000725
	  	 09-Jul-2001

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 Fondaco Mitratama
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
				
	 	  	 1566
	  	Supplier Contract - Unit Ventilator Galileo - Hamilton Medical - Switzerland	  	 Undated

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 Fondaco Mitratama
	  	 
				
	 	  	 1567
	  	 Supplier Contract - Dispenser Hand Towel - Toilet Tissue Dispensers
	  	 28-Jan-2002

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 PT Health Care of Surabaya
 Pihak Main Distributor
	  	 
				
	 	  	 1568
	  	 Supplier Contract - Flowers
	  	 Undated

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 Celine Florist
	  	 

  


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	  	 Title

	  	Doc. Date


	 	  	 1569
	  	 Supplier Contract - Account Application
	  	 29-Jan-2003

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
 DHL
	  	 
				
	 	  	 1570
	  	 Supplier Contract - Liquid Oxygen Supply
	  	 04-Mar-1998

				
	 	  	 Comments:
	  	Please refer to Addendums III, IV and V of Contract of Liquid Oxygen Supply (document numbers “A”, “B” and “C”)	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 Health Care of Surabaya
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	 1571
	  	 Supply Contract - Addendum III - Contract of Liquid Oxygen Supply
	  	 01-May-2001

				
	 	  	 Comments:
	  	Please refer to Liquid Oxygen Supply Contract (document number “X”) and Addendums IV and V (document numbers “B”and “C”	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	 1572
	  	 Supplier Contract - Addendum IV - Contract of Liquid Oxygen Supply
	  	 0l-May-2001

				
	 	  	 Comments:
	  	Please refer to Liquid Oxygen Supply Contract (document number “X”) and Addendums IV and III (document numbers “C” and [ILLEGIBLE]	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
 PT Samator
	  	 
				
	 	  	 1573
	  	 Supply Contract - Addendum V - Contract of Liquid Oxygen Supply
	  	 03-Feb-2003

				
	 	  	 Comments:
	  	Please refer to Liquid Oxygen Supply Contract (document number “X”) and Addendums III and IV (document numbers “A” and	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	 1574
	  	 Supply Contract - Agreement of Contract Extension
	  	 04-Mar-1998

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	 1575
	  	 Supply Contracts
	  	 04-Mar-1998

				
	 	  	 Comments:
	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 PT Samator
	  	 
	 	  	 	  	 PT Health Care of Surabaya
	  	 

  


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	  	 Title

	  	Doc. Date


	 	  	1576	  	 Supply Contract - Facsimile Transmission
	  	10-Jan-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 PT Health Care of Surabaya
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1577	  	Supplier Contract - Agreement of Routine Maintenance of Central Medical Gas and Piping System	  	09-Oct-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1578	  	 Supply Contracts - Purchase Order 15163 - Quotation Form
	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1579	  	 Supply Contract - Letter from PT Samator to RS International Surabaya
	  	25-Apr-2000
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1580	  	Supply Contracts - Purchase Orders 7002 and 7003 - Quotation Form - Routine Maintenance Program for Medical Installation - Agreement of Routine Maintenance of Central Medical Gas
and Piping System	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1581	  	Supply Contract - Agreement of Routine Maintenance of Central Medical Gas and Piping System	  	18-May-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 

  


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	  	 Title

	  	Doc. Date


	 	  	1582	  	Supplier Contracts - Purchase Order Nos 000800 and Letter Dated 27-Sep-2001 from PT Samator to RS International Surabaya	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 Mayne Health
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1583	  	Supply Contract - Quotation Form and Agreement of Routine Maintenance of Central Medical Gas and Piping System	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1584	  	 Supply Contract - Agreement for Medical Gases Supply
	  	09-Mar-1998
				
	 	  	Comments:	  	Please refer to Addendum and Addendum II of Agreement of Medical Gas Supply (document numbers “X” and “Y”)	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1585	  	 Supply Contract - Addendum to Agreement of Medical Gas Supply
	  	15-Sep-1998
				
	 	  	Comments:	  	Please refer to Agreement for Medical Gases Supply and Addendum II to Agreement of Medical Gas Supply (document numbers and “Y”)	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1586	  	 Supply Contract - Addendum II to Agreement of Medical Gas Supply
	  	01-May-2000
				
	 	  	Comments:	  	 Please refer to Agreement for Medical Gases Supply and Addendum to Agreement of Medical Gas Supply (document numbers “X
“Y”)
	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 
				
	 	  	1587	  	 Supply Contract - Letters from PT Samator to RS International Surabaya
	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 RS Surabaya Internasional
	  	 
	 	  	 	  	 PT Samator
	  	 

  


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	 	  	1588	  	 Facility Agreement to ANZ Panin Bank
	  	15-Nov-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 PT Health Care of Surabaya
	  	 
	 	  	 	  	 PT ANZ Panin Bank
	  	 
				
	 	  	1589	  	 Comfort Letter - Undertaking Letter - Execution Date 16-Nov-2001 and 10-Apr -2002
	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 Mayne Nickless Ltd
	  	 
	 	  	 	  	 PT Health Care of Surabaya
	  	 
	 	  	 	  	 PT ANZ Panin Bank
	  	 
		
	 17.3 - PT Mitrajaya Medikatama
	  	 
				
	 	  	1337	  	Licences Issued by the Capital Investment Coordinating Board - Notification Letter Regarding Presidential Approval on Domestic Capital Investment	  	14-Apr-1998
				
	 	  	Comments:	  	 BKPM Approval Number 85-I-PMDN-1998
	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 Badan Koordinasi Penanaman Modal
	  	 
				
	 	  	1338	  	Licences Issued by the Capital Investment Coordinating Board - Grant of Import Duty Facility on Importation of Capital Goods f Mitrajaya Medikatama in the Framework of Domestic
Capital Investment	  	10-Sep-1998
				
	 	  	Comments:	  	 BKPM Approval Number 1127-Pabean-1998
	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 Badan Koordinasi Penanaman Modal
	  	 
				
	 	  	1339	  	Licences Issued by the Capital Investment Coordinating Board - Approval of the Chairman of BKPM on the Change of Status fro PMDN Company to PMA Company	  	26-Nov-1999
				
	 	  	Comments:	  	 BKPM Approval Number 177-V-PMA-1999
	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 Badan Koordinasi Penanaman Modal
	  	 
				
	 	  	1340	  	Licences Issued by the Capital Investment Coordinating Board - Approval of Extension for Project Completion	  	23-Jul-2001
				
	 	  	Comments:	  	 BKPM Approval Number - 950-III-PMA-2001
	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 Badan Koordinasi Penanaman Modal
	  	 
				
	 	  	1341	  	Licences Issued by the Capital Investment Coordinating Board - Approval of the Grant of Import Duty Exemption Facility and Remaining Capital Goods Which Have Not Been
Imported	  	23-Jul-2001
				
	 	  	Comments:	  	 BKPM Approval Number 427-Pabean-2001
	  	 
				
	 	  	 	  	 Parties
	  	 
	 	  	 	  	 Badan Koordinasi Penanaman Modal
	  	 

  


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	  	Doc. Date


	 	  	1342	  	Licences Issued by the Capital Investment Coordinating Board - Approval of the Change In Project Plan	  	13-Aug-2001
				
	 	  	Comments:	  	BKPM Approval Number 1085-III-PMA-2001	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1343	  	Licences Issued by the Capital Investment Coordinating Board - Approval of the Change in Management Composition of the [ILLEGIBLE]	  	30-Oct-2002
				
	 	  	Comments:	  	BKPM Approval Number 1207-III-PMA-2002	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Badan Koordinasi Penanaman Modal	  	 
				
	 	  	1344	  	Audited Financial Statements for the Years Ended 30 June 2001 and 30 June 2002	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1345	  	Company Regulations of Blntaro International Hospital	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1456	  	List of the Board of Commissioners and the Board of Directors of Putramas	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	1470	  	Deed Documenting Amendments to Articles of Association	  	18-Dec-1995
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
 PT Mitrajaya
Medikatama
	  	 
				
	 	  	1471	  	Deed Documenting Amendmetns to Articles of Association	  	18-Dec-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1472	  	Deed Documenting Amendments to Articles of Association	  	31-May-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	1473	  	Deed Documenting Amendments to Articles of Association	  	29-Nov-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1474	  	Deed Documenting Amendments to Articles of Association	  	01-Dec-1999
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 

  


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	  	Doc. Date


	 	  	1475	  	Deed Documenting Amendments to Articles of Association	  	28-Aug-2000
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1476	  	Deed Documenting Amendments to Articles of Association	  	15-Dec-2000
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	 Parties
 PT Mitrajaya
Medikatama
	  	 
				
	 	  	1477	  	Deed Documenting Amendments to Articles of Association	  	09-Oct-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1478	  	Deed Documenting Amendments to Articles of Association	  	12-Jul-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1479	  	Deed Documenting Amendments to Articles of Association	  	27-Nov-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1480	  	Deed Documenting Amendments to Articles of Association	  	23-Jul-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1481	  	Collective Share Certificates	  	25-Jan-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1482	  	Document Relating to Operational Licenses	  	17-May-1999
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 

  


	 Friday, 17 October 2003
	 	Page 32 of 37










	 Category

	  	Barcode

	  	 Title

	  	Doc. Date


	 	  	1483	  	Company Registration Number Document	  	13-Aug-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1484	  	Company Tax Registration Number Document	  	12-Apr-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1485	  	Letter of Domicile Stating the Address of the Company	  	14-May-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1486	  	State Gazette Announcement of Certain Amendments to the Articles of Association	  	01-Jan-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1487	  	Land and Title Certificates - No 33 - Pondok Area - PT Bintaro Raya	  	24-Jul-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1488	  	Deed of Sale and Purchase - No 33 - Pondok Area - PT Bintaro Raya	  	29-Dec-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1489	  	Land and Title Certificate - No 34 - Pondok Area - PT Bintaro Raya	  	24-Jul-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1490	  	Deed of Sale and Purchase - No 34 - Pondok Area - PT Bintaro Raya	  	29-Dec-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 

  


	 Friday, 17 October 2003
	 	Page 33 of 37










	 Category

	  	Barcode

	  	 Title

	  	Doc. Date


	 	  	1491	  	Land and Title Certificate - No 35 - Pondok Area - PT Bintaro Raya	  	24-Jul-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1492	  	Deed of Sale and Purchase - No 35 - Pondok Area - PT Bintaro Raya	  	29-Dec-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1493	  	Land and Title Certificate - No 1758 - Pondok Area - PT Bintaro Raya	  	24-Jul-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1494	  	Deed of Sale and Purchase - No 1758 - Pondok Area - PT Bintaro Raya	  	29-Dec-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1495	  	Land and Title Certificate - No 1762 - Pondok Area - PT Bintaro Raya	  	24-Jul-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1496	  	Deed of Sale and Purchase - No 1762 - Pondok Area - PT Bintaro Raya	  	29-Dec-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1497	  	Land and Title Certificate - No 1773 - Pondok Area - PT Bintaro Raya	  	24-Jul-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1498	  	Deed of Sale and Purchase - No 1773 - Pondok Area - PT Bintaro Raya	  	29-Dec-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 

  


	 Friday, 17 October 2003
	 	Page 34 of 37










	 Category

	  	Barcode

	  	 Title

	  	Doc. Date


	 	  	1499	  	Ministry of Justice Approval in Respect of Certain Amendments to the Articles of Association	  	16-Aug-1996
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1500	  	Building Licence	  	27-Jan-1997
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Rumah Sakit Mitrajaya Medikatama	  	 
				
	 	  	1501	  	Investment Licence	  	10-Sep-1998
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1502	  	Jamsostek Payment Receipt	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1503	  	Circular Resolution of the Shareholders of PT Mitrajaya Medikatama	  	24-Apr-2003
				
	 	  	Comments;	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	 PT Mitrajaya Medikatama
 Mayne Group
Limited
	  	 
				
	 	  	1504	  	Ministry of Justice Approval in Respect of Certain Amendments to the Articles of Association	  	12-Nov-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1505	  	Circular Resolution of the Shareholders of PT Mitrajaya Medikatama	  	09-Sep-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	 PT Mitrajaya Medikatama
 Mayne Group
Limited
	  	 
				
	 	  	1506	  	Circular Resolution of the Shareholders of PT Mitrajaya Medikatama	  	09-Sep-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
	 	  	 	  	Mayne Group Limited	  	 

  


	 Friday, 17 October 2003
	 	Page 35 of 37










	 Category

	  	Barcode

	  	 Title

	  	Doc. Date


	 	  	1507	  	Circular Resolution of the Shareholders of PT Mitrajaya Medikatama	  	20-May-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1508	  	Circular Resolution of the Board of Commissioners of PT Mitrajaya Medikatama	  	26-Apr-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1509	  	Capital Investment Activity Report	  	01-Jan-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
	 	  	 	  	PT Putramas Muliasantosa	  	 
				
	 	  	1510	  	Site Plan	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1511	  	Lease Agreement	  	19-Feb-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
	 	  	 	  	RS Internasional Bintaro	  	 
	 	  	 	  	Pihak Pertama	  	 
				
	 	  	1512	  	Lease Agreement	  	06-Sep-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
	 	  	 	  	RS Internasional Bintaro	  	 
	 	  	 	  	Pihak Pertama	  	 
				
	 	  	1513	  	Lease Agreement	  	18-Feb-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
	 	  	 	  	Pihak Pertama	  	 

  


	 Friday, 17 October 2003
	 	Page 36 of 37










	 Category

	  	Barcode

	  	 Title

	  	Doc. Date


	 	  	1515	  	Service Mark Licence Agreement	  	05-Mar-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	Mayne Group Limited	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
				
	 	  	1517	  	Hospital CEO and Senior Executive Contract	  	01-Dec-2002
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	PT Mitrajaya Medikatama	  	 
	 	  	 	  	RS Internasional Bintaro	  	 
	 	  	 	  	Gunawan J	  	 
				
	 	  	1518	  	Executive Short Term Incentives	  	24-Feb-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	1519	  	Supplier Contract	  	Undated
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	RS Internasional Bintaro	  	 
	 	  	 	  	PT Tawada Promedika	  	 
	 	  	 	  	PT Dwi Marga Sakti	  	 
				
	 	  	1520	  	Supplier Contract	  	20-Feb-2001
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	RS Internasional Bintaro	  	 
	 	  	 	  	PT Tawada Promedika	  	 
				
	 	  	1521	  	Supplier Contract	  	26-May-2003
				
	 	  	Comments:	  	 	  	 
				
	 	  	 	  	Parties	  	 
	 	  	 	  	RS Internasional Bintaro	  	 
	 	  	 	  	PT Dwi Marga Sakti	  	 

  


	 Friday, 17 October 2003
	 	Page 37 of 37









 Annexure B 
 Disclosure Letter 








	 	  	[GRAPHIC APPEARS HERE]
		
	 Stuart James
 Group Managing Director
 Chief Executive Officer
	  	 Mayne Group Limited
 ABN 56 004 073 410

	  
 20 October 2003
  
 Australian Newco Holdings Pty Limited
 c/- Minter Ellison
 88 Phillip
Street
 SYDNEY NSW 2000
	  	 Box 1671N GPO Melbourne
 Victoria 3001 Australia
 390 St Kilda Road Melbourne
 Victoria 3004 Australia
 Telephone 61 3 9868 0873
 Fax 61 3 9868 0853


  
 Attn: Australia Newco
Holdings Pty Limited 
  
 Dear Phillip 
  
 Disclosure Letter - Sale of Indonesian Hospital Business 

 
 This is the disclosure letter referred to in the definition
“Disclosure Letter” in the Share Sale Agreement - Indonesian Hospitals (the “Share Sale Agreement”) which will shortly be entered into between Mayne Group Limited ACN 004 073 410 (“MGL”) and Australia
Newco Holdings Pty Limited ACN 106 722 347 (the “Buyer” for the purposes of this letter) relating to the Indonesian Hospital Business. 
  
 Unless the context indicates a contrary intention, the definitions and principles of interpretation applying in the Share Sale Agreement also apply to
this Disclosure Letter. 
  
 The following specific and general
disclosures are made: 
  

	 	1.	Specific Matters  

  
 Please refer to the attached summary paper prepared by MGL’s Indonesian Counsel, Hiswara Bunjamin & Tandjung (“HBT”), of
corporate documentation in relation to the Indonesian Hospital Business that on HBTs review appears to be missing from the data room together with an assessment of the effect of that information being missing and proposed solutions. It is important
to keep in mind that HBT’s advice is premised generally on the basis that if a document is missing from the data room then it is not in MGL’s possession: this may or may not be the case. 
  
 Share Capital 
  

	 	1.1	Warranty 1(d) (Title) and 1(e)(iii) Convertibles and other third party rights: The Transfer of Sale Shares is subject to: 

  

	 	(a)	the successful resolution of all matters related to or incidental to the disclosures referred to in this letter; and 

  

	 	(b)	any provisions in the PTRI joint venture agreement and the Articles of Association of the Hospital Companies. 

  
 Capacity and Authority 
  

	 	1.2	Warranty 2(d)(i) No consequential breach: The Indonesian Hospital Companies may have made undertakings under or in relation to the ANZ Facility Agreement between PT Health
Care of Surabaya and PT ANZ Panin Bank dated 15 November 2001. 








 Conduct of Hospital Business 
  

	 	1.3	Warranty 3(a) Necessary Licences: PT Mitrajaya Medikatama and PT Putramas Muliasantosa are in the process of applying for permanent business licences.


  
 Commitments and Contracts 
  

	 	1.4	Warranty 6 Disclosure of contracts: MGL has entered into a contract for the implementation of a new hospital management system for the Hospital Companies that is in excess of
AUD $1 million. The implementation of this new system is in progress. The contract needs to either be novated to Buyer or preferably for Indonesian tax transparency, renegotiated directly with the Hospital Companies. 

  
 Environment 
  

	 	1.5	Warranty 12(c) Environmental Permits: The AMDAL environmental permit for the application of the permanent business licence at Putramas and Medikatama is currently being
processed. 

  
 Insurance 
  

	 	1.6	Warranty 15(c) Premiums: No premiums have yet been received for the centrally negotiated insurances, however, accruals are being made on a monthly basis for the anticipated
recharge. 

  

	 	1.7	[*] 

  

	 	2.	General Matters 

  

	 	2.1	Except as expressly provided in the Share Sale Agreement, where any information or statement in this letter or in the Disclosure Material comprises an expression of opinion or
belief, no warranty is given as to its completeness or accuracy. 

  

	 	2.2	Except as expressly provided in the Share Sale Agreement, no warranty is given in respect of any information in this letter or the contents of the Disclosure Material.


  

	 	2.3	Although some disclosures made in this letter are specifically referenced to particular Warranties, each item of disclosure is to be treated as qualifying all the Warranties given
by the Seller Group. 

  
 This letter is governed by
and will be construed in accordance with the laws in force in the State of Victoria. 
  
 Please acknowledge receipt of this Disclosure Letter by signing and returning to us the enclosed copy of this letter. 
  

	 	 	 Yours sincerely

		
	 	 	 /s/ STUART JAMES


	 	 	Signed by STUART JAMES
	 	 	for and on behalf of the Seller Group

  


	[*]	Certain confidential portions of these exhibits have been omitted pursuant to a request for confidential treatment and filed separately with the Commission.









 Attachment 
 HBT
Memo 
  
 PROJECT SAM  
  
 MISSING DOCUMENTS 
  
 There follows a list of documents which, based on the contents of the data room for Project
Sam, appear to HBT to be missing from the data room and which appear to HBT to be material in the context of the share sales, 
  
 Please note: 
  

	1.	The following is not a comprehensive list of documents which are or may be missing in connection with the Hospital Companies, the Seller, the share sales, the share sale agreement
or the transactions contemplated. 

  

	2.	The column below headed “Significance” is a short summary of HBT’s view of the key significance of the relevant document being missing in the context of this
transaction. It is not a full explanation of all or the actual or potential legal effects of the document being missing or not existing. 

  

	3.	Where the data room contained no documents at all in a particular category (for example, insurance documents) it is not listed below. 

  

	1.	HCOS 

  

	[ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]


	a.	  	Evidence of the registration at the Company Register of the Department of Industry and Trade and announcement in the State Gazette of the Republic of Indonesia on Deed of
Shareholders’ Resolution No.118 dated 21 February 2002, made before Aulia Taufani, SH, substitute of Sutjipto, SH, Notary in Jakarta (“Deed 118”).	  	 The registration at the Company Register and the publishment in the State Gazette is required under the Company Law. The Directors of
HCOS are obliged to register and announce Deed 118 as required under the Company Law, otherwise, they will personally be liable for any losses incurred because of Deed 118 not having been registered and published at required under the Company
Law.
  
 Under the Law on Company Compulsory Registration (Law No. 3 of 1982)
Directors may be subject to a penalty of up to Rp3,000,000.00 or imprisonment for up to 3 months (although this is very rare) for failure to register the necessary information at the Company Register.
	  	This registration and announcement process are simple and easily rectified and normally handled by the notary. We recommend that HCOS arranges this with the notary. During the
process, HCOS may ask the notary to issue a statement letter stating that the registration and announcement of Deed 118 are still under process. While the relevant law does not say so expressly, this may help prove the compliance of HCOS with the
Law (in the period before the notary finishes the registration and announcement).









	[ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]


	 b.
	  	Evidence of the report to the Department of Justice and Human Rights and registration at the Company Register of the Department of Industry and Trade on the Deed of
Shareholders’ Resolution No.139 dated 23 July 2003, made before Aulia Taufani, SH, substitute of Sutjipto, SH, Notary in Jakarta (“Deed 139”) containing the latest composition of the members of the Board of
Directors/Commissioners of HCOS.	  	 For a change of Directors/ Commissioners of HCOS be effective vis-[ILLEGIBLE]-vis third parties, the shareholders’ resolution of
HCOS approving the appointment of new Directors/Commissioners must be reported to the Department of Justice and Human Rights and registered at the Company Register. Without such report and registration, the appointment of new Directors/Commissioners
may have internal effect but will not be legally recognized and bind third parties.
  
 Under the Law on Company Compulsory Registration (Law No. 3 of 1982) Directors may be subject to a penalty of up to Rp3,000,000.00 or imprisonment for up to 3 months (although this is very rare) for failure to register the necessary
information at the Company Register.
  
 In order to validly execute the share sale
agreement and for it to constitute a binding agreement between Buyer and Seller, the Directors who sign the share sale agreement on behalf of HCOS must have been validly appointed by the shareholders of HCOS, reported to the Department of Justice
and Human Rights and registered at the Company Register.
  
 For both of the
foregoing reasons, the Seller should instruct a notary to effect this reporting and registration requirement.
	  	These reports and registrations can be readily rectified by the Notary. The position is similar to our comments on item 1.a above.
				
	 c.
	  	 Deed of Shareholders’ Resolution approving the increase of authorised/subscribed/paid up capital of HCOS from Rpl0,693,666,250.00
(US$4,491,250.00) to
 Rp34,179,255,000.00
 (US$14,355,000.00).
	  	 We assume that HCOS has such a Deed because Deed 118 (which has been approved by the Minister of Justice and Human Rights) states that
the current authorized/subscribed/paid up capital of HCOS is Rp34,524,500,000.00
 (US$14,500,000.00).
	  	The notary who drawn up Deed 118 must have this document. If this document is missing, HCOS may ask the notary who drew up Deed 118 to issue a copy of this document, for our
review.









	[ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]


	 	  	 	  	Therefore, Deed of Shareholders’ Resolution approving the increase of authorised/subscribed/paid up capital of HCOS from Rpl0,693,666,250.00 (US$4,491,250.00) to
Rp34,179,255,000.00 (US$14,355,000.00) is likely to exist.	  	 
				
	 d.
	  	Share Certificate and Register of Shareholders.	  	 The Directors of HCOS are obliged under the Company Law to maintain the share certificates and register of shareholders as required under
the Company Law, otherwise, they will personally liable for any losses incurred because of the non compliance of HCOS.
  
 In addition, in the circumstances of the share sale, the Seller should ensure that it is the owner named in the share register and on the share certificates to ensure it
has good title to the shares it is selling. Unless this occurs the Seller will not have good title to the shares being sold and the relevant warranty on this issue in Schedule 6 the share sale agreement will be breached.
	  	We recommend that HCOS should prepare the share certificates and register of shareholders. There are within its control and easily achieved is appropriate attention is given to the
tasks.
				
	 e.
	  	Permanent Business Licence (IUT —  Izin Usaha Tetap) of HCOS for its line of business extension as approved by Capital Investment Coordinating Board (BKPM — Badan
Koordinasi Penanaman Modal) No.277/II/PMA/2001 dated 29 October 2001 for the line of business of “management and business development consultancy services”.	  	HCOS is obliged to obtain an IUT for it to commence management and business consultancy services. Without this IUT it is not permitted to commence the management and business
development consultancy services.	  	Once HCOS has commenced the commercial operation of the management and business development consultancy services, HCOS is required to apply for the IUT.
				
	 f.
	  	Environment Management Effort (UKL-Upaya Pengelolam Lingkungan) and Environment Monitoring Effort (UPL-Upaya Pemantauan Lingkungan) dated 27 August 1998.	  	These document must exist. The first IUT of HCOS states that HCOS has these documents.	  	This is a compliance issue. We recommend that HCOS locates this document or otherwise looks for this documents in AMDAL commission.









	[ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]


	 g.
	  	LKPM (Capital Investment Activities Report) for the first semester of 2003 (January — June 2003) as well as the report to the Department of Health.	  	LKPM is required under BKPM regulations. The last semester’s LKPM must be attached to the application to BKPM for approval of the transfer of shares. BKPM may request HCOS to
complete the LKPM first before it will approve the transfer of shares in HCOS. Similar to BKPM, Department of Health may also request the same for compliance issues.	  	We recommend that HCOS completes these reports and files these with BKPM.
				
	 h.
	  	Operational Licences (such as Medical Staff Assignment Letters issued by the Department of Health, etc).	  	We assume that HCOS has the required operational licences, because it has the Principal Licence from the Directorate General of Medical Services but we cannot be definitive on this
as such licences were not in the dataroom.	  	We need confirmation from HCOS that they have all required operational licences and request them to send the copies of the operational licences to us for our review.
				
	 i.
	  	Evidences of the payment of the subscribed capital of HCOS by shareholders of HCOS.	  	 Without these documents, we are not able to confirm that all of the subscribed capital of HCOS has been validly paid up by the
shareholders of HCOS.
  
 Therefore we cannot confirm the warranty in the Sale and
Purchase Agreement in relation to the payment of the subscribed capital by the shareholders.
	  	HCOS to send to us the evidence of the payment of the subscribed capital of HCOS by shareholders of HCOS.
				
	 j.
	  	Expatriates work permit	  	This is the document to enable an expatriate to work in Indonesia.	  	Seller should, as a compliance issue, confirm that such employees must have valid work permits.









	2.	Medikatama 

  

	[ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]

	  	 [ILLEGIBLE]


	 a.
	  	Evidence of the registration at the Company Register of the Department of Industry and Trade and announcement in the State Gazette of the Republic of Indonesia on Deed of
Shareholders’ Resolution No.22 dated 9 October 2001, made before Aulia Taufani, SH, substitute of Sutjipto, SH, Notary in Jakarta (“Deed 22”).	  	See our comments on item 1.a above.	  	See our suggestion on item 1.a above.
				
	 b.
	  	Evidence of the report to the Department of Justice and Human Rights and registration at the Company Register of the Department of Industry and Trade on the Deed of
Shareholders’ Resolution No.141 dated 23 July 2003, made before Aulia Taufani, SH, substitute of Sutjipto, SH, Notary in Jakarta, containing the latest composition of the members of the Board of Directors of Medikatama (“Deed
141”).	  	See our comments on item 1.b above.	  	See our suggestion on item l.b above.
				
	 c.
	  	Evidence of the registration at the Company Register of the Department of Industry and Trade and announcement in the State Gazette of the Republic of Indonesia on Deed No.5 dated 1
December 1999, made before Ferry Ramdhan Afdal, SH, substitute of Muhammad Afdal Gazali, SH, Notary in Jakarta, in relation to the change of the Articles of Association of Medikatama (“Deed 5”).	  	Under the Company Law, Deed 5 is effective upon the registration of Deed 5 at the Company Register of Department of Industry and Trade. Without such registration process, Deed 5 will
not be deemed to have been effective.	  	See our suggestion in item 1 .a above.
				
	 d.
	  	Under Deed of Shareholders’ Resolution No.123 dated 15 December 2000, made before H.M. Afdal Gazali, SH, Notary in Jakarta (“Deed 123”), PT Jaya Real Property sold
2,399 shares owned by it in Medikatama to PT Putramas Muliasantosa, and 1 (one) share owned by it in Medikatama to Mayne Nickless Limited. We have not received the Deed of Transfer of Shares entered into between the transferor and the transferee. We
have not received evidence of the report to the Department of Justice and Human Rights and registration at the Company Register of the Department of Industry and Trade on the Deed 123 containing the change of shareholders of Medikatama.	  	 These missing documents are definitely required to be reviewed to ensure the validity of the transfer of shares in Medikatama to Seller
and Putramas.
  
 Without reviewing these missing documents we may not be able to
confirm that the process of transfer of shares in Medikatama to date have been done in accordance with the prevailing laws and regulations.
  
 This missing document may affect the process of transfer of shares in Medikatama, because we may not be able to confirm that the current shareholders of Medikatama have
acquired shares validly in accordance with the prevailing laws and regulations.
	  	 We recommend the completion of these documents properly with the assistance of the notary.
  
 The existence of proper share transfer documents and necessary filings with MOJ and DOIT are
required to establish good title to the relevant shares.
  
 This is particularly
important given the absence of a register of shareholders.










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	 e.
	  	Permanent Business Licence (IUT — Izin Usaha Tetap) of Medikatama for its investment.	  	As a PMA company Medikatama is obliged to obtain an IUT for it to commence its commercial operation. This missing document may affect the process of obtaining approval for the
transfer of shares in Medikatama. BKPM may request Medikatama to complete the IUT process before proceeding to approve the transfer of shares in Medikatama.	  	We recommend that Medikatama completing this IUT process.
				
	 f.
	  	Certain environmental documents of Medikatama.	  	See our comments on item 1.f.	  	See our comments on item 1.f.
				
	 g.
	  	Operational Licences (such as Medical Staffs Assignment Letter issued by the Department of Health, etc).	  	See our comments on item 1.h.	  	See our comments on item 1.i.
				
	 h.
	  	Evidences of the payment of the subscribed capital of Medikatama by shareholders of Medikatama.	  	See our comments on item 1.i.	  	See our comments on item 1.i.
				
	 i.
	  	Expatriates work permit.	  	See our comments on item 1.k.	  	—  

  

	3.	Putramas 

  

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	 a.
	  	The announcement of Deed No. 46 dated 20 March 2002 made before Aulia Taufani, SH, the substitute of Sutjipto, SH, Notary in Jakarta in the Supplement to the State Gazette of the
Republic of Indonesia (“Deed 46”).	  	The announcement in the State Gazette is required under the Company Law. The Directors of Putramas is obliged to announce Deed 46 as required under the Company Law, otherwise, they
will personally be liable for any losses incurred because of Deed 46 has not been announced as required under the Company Law.	  	This announcement process is simple and normally handled by the notary. We recommend Putramas to arrange this with the notary. During the process, Putramas may ask the notary to
issue a statement letter stating that the registration and announcement of Deed 46 are still under process. This should be sufficient to prove