Distributions

In August 2008, HIF paid a distribution for the half-year ended 30 June 2008 of 4.01 cents per unit. Total distributions for the year ended 30 June 2008 were 8.02 cents per unit. Whilst the Product Disclosure Statement (PDS) forecast period has now expired, the annual distribution has continued to be paid in line with the PDS forecast.

HIF has met its projected cash distributions and has delivered capital growth to unitholders, exceeding its benchmark return target of 4 percent over the ten-year government bond return.