Platinum International Fund (Quoted Managed Hedge Fund)

The distribution for the fund will comprise income earned by the fund (including distributions paid from the underlying fund) less expenses incurred by the fund (such as management costs) plus net capital gains (if any). If there is no net income or net capital gains earned in a particular distribution period, the fund may not pay a distribution in respect of that distribution period. In some circumstances, the fund may distribute a payment out of capital in addition to, or instead of, a distribution of net income or net capital gains.

The distribution investors may receive will be based on the number of units they hold in the fund at the nominated record date. It is not pro-rated according to the time that investors have held their units

Distributions will be paid directly into investors’ Australian dollar or New Zealand dollar bank accounts (as applicable). Investors should contact their stockbroker to ask how they can provide bank account details or otherwise they can provide their bank account details online via the Unit Registry’s website at www.linkmarketservices.com.au. Investors may also provide bank details by submitting a form which is available from the Unit Registry.

Alternatively, investors can choose to have their distributions re-invested as additional units in the fund, subject to the terms and conditions of the fund’s distribution reinvestment plan. Information about the funds’ distribution reinvestment plan will be made available at www.platinum.com.au. Elections to participate in the distribution reinvestment plan must be made by the election date announced by Platinum in respect of each relevant distribution.

The fund’s Constitution permits Platinum to require that investors’ distributions be reinvested as additional units in the fund. However, we will provide a notification on our website if, in relation to a particular distribution, we have elected to require the reinvestment of the distribution.

Investors can elect to participate in the distribution reinvestment plan online via the Unit Registry’s website at www.linkmarketservices.com.au or by submitting a form available from the Unit Registry.