Peet Limited is pleased to have posted another year of good profits and strong performance in its 2007 Annual Report.

We are also proud to be delivering it directly to our shareholders online. You voted overwhelmingly to receive your Annual Report via the web rather than in print – and we thank you for opting for this more timely, cost-effective and environmentally-friendly method of delivery!

We look forward to making more and more use of electronic communication in the year ahead, delivering you timely news and information about our performance and additional investment opportunities.

The 2007 Annual Report details another busy year in which Peet has consolidated its position as a successful diversified property group operating across Australia.

Our confidence in the year ahead is underpinned by the performance across each of our business divisions in 2006/07. I hope you enjoy reading those details – and our outlook for 2007/08 – in this year’s Annual Report.