TATTERSALL'S LIMITED(TTS)

name changed to Tatts Group Limited

UniTab shareholders should note that for capital gains tax purposes, rollover relief is available to the extent that UniTab shareholders exchanged their shares for Tattersalls shares but not for the cash amounts received - if investors choose roll-over they work out their capital gain (if they received any cash) by subtracting a portion of the cost base of their UniTab shares from the value of cash that they received; if they received no cash in the arrangement, they have no capital gain - if roll-over does not apply investors work out their capital gain or loss by comparing the total cost base of their UniTab shares with the total value (as at the disposal date) of the cash and/or shares that they received - the acquisition cost of new Tatterstalls shares depends on if investors chose the mix of cash and shares option (then, to the extent that investors choose roll-over, they work out the acquisition cost of their new Tattersalls shares by allocating a portion of the cost base of their UniTab shares to it) the shares only option and applied roll-over (then the cost base of the new Tattersalls shares is the cost base of the UniTab shares) - to the extent that roll-over does not apply the acquisition cost of investors' new Tattersalls shares is the market value of the UniTab shares on the implementation date - the disposal date of the UniTab shares was 12 October 2006

we understand that on or about this date the company undertook, proposed to undertake or was the subject of the following corporate action: - merger with Unitab - this corporate event may appear elsewhere in this company record