Credit Suisse GP100Growth Plus - Australia

Adviser Distribution OnlyResponsible Entity: Equity Trustees Limited ABN 460 004 031 298

Protection Strategy Provider and Manager: Credit Suisse International ARBN 062 787 106

100% lending 100% participation

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Disclaimer

The Credit Suisse GP100 Series is issued by Equity Trustees Limited ABN 46004 031 298, Australian Financial services Licence No. 24975 in the Product Disclosure Statement (PDS). The Protection Strategy Provider and Manager is Credit Suisse International ARBN 062787106. Potential investors should read and understand the PDS before making any investment decisions. All potential investors should obtain the PDS available from us and consider the PDS before making any decision about whether to acquire the financial product. An investment in the GP100 Series will be subject to investment risk, including loss of income and capital. 1The capital protection for GP100 - Australia will be provided by Credit Suisse International to GP100 - Australia only at maturity (year 5) and will only apply to the value of $1.00 per unit on issue at maturity. Further, like other features of the Protection Strategy, the capital protection will not be provided directly to unitholders and will be subject to terms and conditions, including early termination events. Please refer to the Product Disclosure Statement for more information, including section 4.2 ‘GP100 – Australia specific risks’.2 Investment loans will be available during the initial offer period from Macquarie Bank Limited subject to terms and conditions including credit approval. 3 The liquidity arrangements refer to on market and off market arrangements to be provided by Credit Suisse Equities (Australia) limited and Credit Suisse, Sydney Branch to offer to buy and sell GP100 - Australia units to and from investors, subject to terms and conditions. While there can be no assurance that an active market for trading in units in GP100 - Australia will develop on the ASX, on market liquidity will be facilitated by the appointment of a market maker (Credit Suisse Equities (Australia) Limited) and an off market limited liquidity facility will be available (from Credit Suisse, Sydney Branch), subject to terms and conditions including situations where the limited liquidity facility may not be available and the market maker’s obligations may not apply. After day one of trading, the amount of any bid by the market maker will be subject to a number of factors, including the net asset value of GP100 – Australia and market conditions.

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Disclaimer

4 The Physical Basket will comprise the securities of the 20 largest entities (measured by Float Adjusted Market Capitalisation) included in the S&P/ASX 200 Index according to their index weightings as at 14 February 2008, although Telstra Instalment Receipts will be excluded and replaced by Fosters Group Limited. The weighting allocated to an investment in Telstra Corporation Limited will be the aggregate of the weightings allocated to it and to Telstra Instalment Receipts as at 14 February 2008.

5 Any prospective financial information included in this presentation is predictive in character. Whilst every effort has been taken to ensure that the assumptions on which the prospective information is based are reasonable, the information may be affected by assumptions being or becoming inaccurate and by known or unknown risks and uncertainties. The ultimate results may differ substantially from any forecasts and prospective financial information included in this presentation.

6 The S&P/ASX 200 Index measures the performance of the 200 largest index eligible securities listed on the ASX by Float Adjusted Market Capitalisation (being a capitalisation measure of the largest entities which refers to the value of their securities available for public trading). The S&P/ASX 200 lndex referenced is a price index (i.e. dividends and distributions are not taken to be reinvested in determining the index value).

7 The protection strategy incorporates a Leverage mechanism enabling GP100 – Australia’s investment exposure to the S&P/ASX 200 Index to be increased by up to 2.5 times (250%).

8 The Macquarie Group does not give, nor does it purport to give, any taxation advice. The taxation discussion in this document is based on laws current at the time of writing. Those laws and the level of taxation may change. The application of taxation laws to each investor depends on that investor’s individual circumstances. Accordingly, investors should seek independent professional advice on taxation implications before making any investment decisions.

9 The content of the sample case study is purely hypothetical and does not contain actual or potential returns, estimates, projections or forecasts for investments in GP100 - Australia. Advisers should consider their clients' objectives, financial situation and needs before providing any financial advice to their clients in relation to the appropriateness of any Investment. The taxation consequences for an investor will depend on the individual circumstances of that investor. The case study and  any examples have only been included for illustrative purposes. They have been prepared without taking account of any potential investor’s personal objectives, financial situation or needs. Any strategy discussed represents our analysis only and are based on certain assumptions, including those set out in the presentation. The assumptions may have a material affect on returns. The actual performance of investments will depend on future economic conditions, investment management and future taxation.

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Disclaimer

The information contained in this presentation referring to the Macquarie 100% Investment Loan and Macquarie Margin Loan has been prepared by Macquarie Bank Limited ABN 46 008 583 542, AFSL 237502 (Macquarie), as issuer of the Macquarie 100% Investment Loan and Macquarie Margin Loan. Full terms and conditions are set out in the relevant loan contracts. Fees, charges and government taxes are payable.

The Macquarie 100% Investment Loan and Macquarie Margin Loan content has been prepared for general information purposes only, without taking into account any potential investors’ personal objectives, financial situation or needs. We recommend you obtain financial, legal and taxation advice before making any financial investment decision.

Macquarie Private Wealth’s services are provided by Macquarie Equities Limited (MEL) ABN 41 002 574 923, Participant of Australian Securities Exchange Group, AFSL No. 237504, Level 18, 20 Bond Street, Sydney NSW 2000.

This general advice has been prepared by MEL and does not take account of your objectives, financial situation or needs. Before acting on this general advice, you should consider its appropriateness having regard to your situation. We recommend that you obtain financial, legal and taxation advice before making any financial investment decision.

MEL is not an authorised deposit taking institution for the purposes of the Banking Act (Cth) 1959. MEL’s obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of MEL, unless noted otherwise.

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Australian SharesFalls greater than 20% since 1960

Share Market Fall % Decline top to bottom

% return over 12mths from low

Sep 60 – Nov 60 - 23 +12Feb 64 – Jun 65 - 20 +9Jan 70 – Nov 71 - 39 +52Jan 73 – Sep 74 - 59 +51Aug 76 – Nov 76 - 22 +5Feb 80 – Mar 80 - 20 +39Nov 80 – Jul 82 - 42 +39Sep 87 – Nov 87 - 50 +35Aug 89 – Jan 91 - 32 +39Feb 94 – Feb 95 - 23 +25Sep 97 – Oct 97 - 21 +18Mar 02 – Mar 03 - 22 +27Nov 07 – ? - 25 ? ?

Average decline 31.1%

Average bounce 29.25%

Source: AMP Capital, 23 Jan 2008

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What is the GP100 series?

GP100 – AustraliaInvestment

ASX 20Dividends and franking credits

LeveragedASX 200

(less dividends received)

Growth+between 1 to 2.5 times leverage

GP100 aims to deliver exposure to ASX200 growth6

Franking credits from the ASX204Capital protection at maturity1

Leverage of up to 2.5 times7 All growth is deemed capital gain8

All interest costs on a loan are 100% tax deductible8

Daily liquidity at NAV3

100% minimum participation No early exit fees

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What is the GP100 - Australia?

Listed on the ASX Underlying investment is via a basket

of equities – physical stocks held Any distributions paid semi annually The investor benefits from the

growth of the ASX200 Minimum of 100% participation in all

market conditions A maximum of 250% participation

(2.5 X leverage) following strong market conditions

GP100 …. 100% Lending

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What is the GP100 series?

Capital protected1 with a realistic 5 year term, but early redemption available

No currency risk – AUD stocks

No manager risk – Index play

Potential for both growth and dividends

Simple concise structure

NAV Calculation

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100% participation on day 1

100% NAV on day 1

100% capital protected1

100% lending2 available

100% minimum participation

The time has come ….Fresh, new, innovative

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100% Participation from day 1

100% of funds invested are allocated to the investment

…. $1.00 bid on day 1

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100% of NAV on day 1

Market price on day 1 will be $1.00 bid for the total issue3

Daily valuation price posted to the ASX3

Market support – the stock will be bid at valuation price for the total issue on a daily basis3

Off market buy/sell facility available at NAV3

….Daily liquidity on and off market

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100% Capital Protected

100% Capital Protection provided to the Trust by major international investment bank Credit Suisse1

Credit Suisse has a AA- rating

Innovative capital protection management technique1

Potential for up to 250% participation

Minimum participation of 100%

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100% Lending

100% finance available2 through the Macquarie 100% Investment Loan

Minimum loan amount is $45,000

Variable and fixed interest payment options available

Interest Prepayment Loan (IPL) available in June to fund year 1 and subsequent years interest prepayments

You can invest4 ways

Direct investment100% lendingMargin lendingCPF Instalment Receipts may be available

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Margin Lending Available through the Macquarie

Margin Loan

LVR yet to be confirmed

Minimum loan amount is $20,000

Variable and fixed interest payment options available

IPL available in June

No financial assessment for loan under $3 million

No application or loan establishment fees (for individual borrowers)

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Other features

Total management cost is 1.99% per year of the Net Asset Value of GP100 - Australia (deducted from distributions)

Low internal gearing interest rates (set at 5 year swap rate, currently 7.3%)

Simple application process

Roll over option

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GP100 Series

100% participation on day 1

100% NAV on day 1^

100% capital protected1

100% lending2 available

100% Minimum participation

The nextgeneration in structured products

^Market maker bid of $1.00 per unit on day 1

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GP100 – Australia dividend portfolioS&P/ASX 20 – 14 February 2008

BHP BILLITON LTD 20.59% COMMONWEALTH BANK OF AUSTRALIA 8.35% NATIONAL AUSTRALIA BANK LTD 7.11% WESTPAC BANKING CORP 6.77% AUST AND NZ BANKING GROUP 6.52% RIO TINTO LTD 5.95% WOOLWORTHS LIMITED 5.57% WESTFIELD GROUP 4.21% TELSTRA CORP LTD 4.56% WESFARMERS LIMITED 4.21%

WOODSIDE PETROLEUM LTD 3.97%

CSL LIMITED 3.22%

QBE INSURANCE GROUP LTD 2.88%

BRAMBLES LTD 2.28%

MACQUARIE GROUP LTD 2.18%

AMP LTD 2.11%

STOCKLAND 2.01%

ST GEORGE BANK LIMITED 1.98%

SUNCORP-METWAY LTD 1.88%

FOSTER’S GROUP 1.59%

6.68% dividend (as at 10/3/2008, grossed up including franking credits)

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For the GP100 – Australia investment 1.1% available via the investment

For the Macquarie 100% Investment Loan 1.5% up front via investment loan application Trailing commission 0.55% via investment loan

Total of 2.6% up front fees

Potential for placement fee on firm bids

GP100 – Australia Fees and Adviser Commissions

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Case Study with franking credits9

Joe Jenkins would like to invest $100,000 in to GP100 - Australia He borrows $100,000 at 9.75% interest Assume the dividend is 6.68% grossed up The management costs of GP100 is 1.99% per year Joe’s total cost after tax = $2707 If GP100 can return greater than 3.05% per year Joe’s

investment will be positiveno upfront fees included Tax Rate 46.50%

Cash After TaxInvestment 100,000 Loan Interest rate -9.75% 9,750.00-$ 5,216.25-$ Grossed up Dividend 6.68% 6,680.00$ 3,573.80$ Management Costs -1.99% 1,990.00-$ 1,064.65-$

Total 5,060.00-$ 2,707.10-$

Growth Required 3.53% 3,527.17$ 2,707.10$ Including growth & timing differences 3.05%

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Case Study without franking credits9

Joe Jenkins would like to invest $100,000 in to GP100 - Australia He borrows $100,000 at 9.75% interest Assume the dividend is 4.7% The management costs of GP100 is 1.99% per year Joe’s total cost after tax = $3,766 If GP100 can return greater than 4.1% per year Joe’s

investment will be positiveno upfront fees included Tax Rate 46.50%

Cash After TaxInvestment 100,000 Loan Interest rate -9.75% 9,750.00-$ 5,216.25-$ Grossed up Dividend 4.70% 4,700.00$ 2,514.50$ Management Costs -1.99% 1,990.00-$ 1,064.65-$

Total 7,040.00-$ 3,766.40-$

Growth Required 4.91% 4,907.36$ 3,766.40$ Including growth & timing differences 4.10%