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Notes to the Financial Statements

For the year ended 30 June 2009

Note

2009 Number

2008 Number

2009 $’000

2008 $’000

(a) (b)

274,588,694 (1,000,000)

266,624,462

122,837 (259)

119,247

27. CONTRIBUTED EQUITY

Ordinary shares Treasury shares

Share capital

Consolidated and Parent

122,578

119,247

(a) Movements in ordinary share capital As at the beginning of the year

Number

266,624,462

Issued pursuant to the Rights Issue 5 June 2008 Dividend Reinvestment Plan issues 31 October 2008 – issue price $0.45 per share 29 October 2007 – issue price $1.14 per share

7,964,232

7,964,232

As at the end of the year

274,588,694

Number

$’000

$’000

225,111,229

119,247

89,950

Fully paid ordinary shares carry one vote per share and carry the right to dividends. There are currently no unexercised or outstanding options. No options were exercised during the year.

37,212,098

24,401

4,301,135

3,590

4,896

41,513,233

3,590

29,297

266,624,462

122,837

119,247

(b) Movements in treasury shares As at the beginning of the year

Number

Number

$’000

$’000

Acquisition of shares by AVJ Deferred Employee Share Plan Trust Employee share scheme issue

(1,000,000)

(259)

(1,000,000)

(259)

As at the end of the year

(1,000,000)

(259)

Treasury shares are shares in AVJennings Limited that are held by the AVJ Deferred Employee Share Plan Trust for the purpose of issuing shares to the Chief Executive Officer via the AVJ Deferred Employee Share Plan.

The original cost of the shares is treated as a reduction in share capital and the underlying shares identified separately as treasury shares.

AVJennings Limited ABN 44 004 327 771 69

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