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FINCORP INVESTMENTS LTD ()

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the administrators confirm that a return to the unsecured note holders is highly unlikely30/05/2007
the administrators, KordaMentha, estimate that returns to investors (after repayment of the mortgages against the properties held by companies in the group) at a minimum of 30 cents in the dollar for the first ranking notes and a nil return for the unsecured notes02/04/2007
unlisted public company (previously called Fincorp Finance Ltd) that has been put into administration today - this never augurs well for investors - it will possibly be a month or so before anything substantive on the administration is available for investors26/03/2007

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