Dear Members,

The Reserve Bank of Australia announced on the 2nd of February 2010 that the Official Interest Rate would remain without change, at current levels.

Therefore the Credit Union will also hold any rate changes for the time being.

We will continue to monitor market rate movements to ensure maximum benefit to both our investing and borrowing members.

The next Reserve Bank meeting is planned for the 2nd March 2010. Thank you to all members for your continued support.

JIM O'CONNELL

GENERAL MANAGER