In the opinion of the Directors of Landcom:
(a) The Financial Report:
(i) exhibits a true and fair view of the financial position of Landcom as at 30 June 2006 and of their performance, as represented by the results of their operations and their cash flows for the year ended on that date;
(ii) compiles with applicable Accounting Standards, Urgent Issues Group Interpretation Views and other mandatory and statutory reporting requirements including Part 3 of the Public Finance and Audit Act 1983 and the associated requirements of the Public Finance and Audit Regulation 2005.
(b) We are not aware of any circumstances, which would render any particulars included in the financial report to be misleading or inaccurate.
(c) There are reasonable grounds to believe that the Corporation will be able to pay its debts as and when they fall due.
Signed in accordance with a resolution of the Directors:
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W. KIRKBY-JONES
CHAIRMAN

SEAN O’TOOLE
MANAGING DIRECTOR