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Form of Proxy Results

REAL EST CREDIT ORD NPV

Notes:

No. Proposition For Against
1 THAT the Directors be authorised to allot and issue equity securities for cash (see notice) 100% 0%

ABSTAIN VOTES ARE COMPILED AND SUBMITTED ON YOUR BEHALF AND ARE REFLECTED IN THE VOTING RESULTS AS THE DIFFERENCE BETWEEN THE FOR % AND THE AGAINST % WHERE APPLICABLE.