SOUTHERN CROSS TERMINATING MUTUAL BUILDING SOCIETY Established1904

P O Box 15812 Panorama 7506 Telephone: (021) 930 2601 e-mail: scross@mweb.co.za

New Section application intent.doc

July 2003

Dear Sir/Madam,

In order to assess whether it would be possible to open a viable new section, the Board of Directors need to know how many shares would be taken up by existing members of sections K & L as well as potential new members. For this purpose, we would appreciate your completing the following questionnaire.

NAME:_____________________________________

ARE YOU INTERESTED IN JOINING A NEW SECTION?

YES

NO

IF NO, WHAT ARE YOUR REASONS? __________________________________

HOW MANY SHARES ARE YOU LIKELY TO APPLY FOR?

Yours faithfully,

C V JONES

Manager

Directors: R H Austen (Chairman), P H Barnard, J J Gomes, M Hancke, C V Jones, K G Kling, C O Rodwell