Auditor's Independence Declaration

Under Section 307C of the Corporations Act 2001
To the Directors of Port Macquarie Golf Club Limited

I declare that, to the best of my knowlodge and belief, during the year ended 30June 2009 there have been:

(i) no contraventions of the auditor independence requirements as set out in the Corporations Act 2001 in relation to the audit; and

(ii) no contraventions of any applicable code of professional conduct in relation to the audit.

Charted Accountants
Suite 1-3 Bourne House, 10-12 Short Street, PO Box 166, Port Macquarie NSW 2444
T 02 6588 4444 F 02 65834527 E northcorp@northcorp.com.au www.northcorp.com.au
Liability Limited by a scheme approved under Professional Standards Legislation