the purchase of additional mobile plant; and

Current

4. the extension of the despatch area.

Sixth Stage

This will increase annual log input capacity by 50,000 m³ up to 400,000 m³, and will be completed in 2002/03. The Sixth Stage will involve refinement of existing mill operations with newly developed equipment where appropriate.

The foregoing is a description of the pine log sawmill upgrade stages (including plant capacities, components and timing thereof) planned as at the date of this Agreement. As technologies, timber supplies, equipment availability, efficiencies, market demands or other circumstances dictate these stages (including plant capacities, components and the timing thereof) may vary or alter during the period of the upgrade.

IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned.

SIGNED by the said
THE HONOURABLE CARMEN MARY LAWRENCE
in the presence of:

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)
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)

CARMEN
LAWRENCE

IAN TAYLOR

MINISTER FOR STATE DEVELOPMENT

THE COMMON SEAL of
WESPINE INDUSTRIES PTY. LTD. was hereunto affixed by authority of
the Directors in the presence of:

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)
)
)

Director DENIS CULLITY

Director I. C. R. MACKENZIE

THE COMMON SEAL of
WESTRALIAN FOREST INDUSTRIES LIMITED
was hereunto affixed by authority of the Directors in the presence of:

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)
)
)
)

Director DENIS CULLITY

Director M. WRIGHT

THE COMMON SEAL of
BUNNINGS LIMITED
was hereunto affixed by authority of the Directors in the presence of:

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)
)
)

Director D. W. ZINK

Secretary P. J. JOHNSTON

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3 the purchase of additional mobile plant; and