Basic Growth quarterly update

As at 30 September 2008

Account	Last 3 months^	Last 12 months^	Last 3 years (per annum)^	Last 5 years (per annum)^	Last 7 years (per annum)^
Accumulation	-4.48%	N/A	N/A	N/A	N/A
Allocated Pension	-4.87%	N/A	N/A	N/A	N/A

Target asset allocation

The pie chart above shows the target asset allocations, however QIC, our investment manager, has the flexibility to invest within a predetermined range.

Australian shareholdings

Top ten Australian shares by value*.

#	Stock
1	BHP Billiton Limited
2	Commonwealth Bank of Australia Limited
3	Telstra Corporation Limited
4	National Australia Bank Limited
5	Westpac Banking Corporation
6	ANZ Banking Group Limited
7	Woolworths Limited
8	Westfield Group
9	Rio Tinto Limited
10	QBE Insurance Group Limited

The Australian share portfolio is managed by specialist fund managers.

Performance since inception^

Growth of $10,000 (Accumulation account)

Basic Growth chart

View current chart - Accumulation | Allocated Pension

International shareholdings

Top ten international shares by value*.

#	Stock
1	Exxon Mobil Corporation
2	General Electric Company
3	Microsoft Corporation
4	Procter & Gamble Company
5	Johnson & Johnson DC
6	HSBC Holdings PLC
7	AT&T Incorporated
8	Chevron Corporation
9	Nestle S.A.
10	IBM Corporation

The International share portfolio is managed by specialist fund managers

More information

September 2008 market update - read QIC's commentary on market performance during the last quarter.
Option composition, fee & risk profile - find out more about the Basic Growth option.

NOTE:

^Past performance is not a reliable indicator of future performance. Returns may vary considerably over time.

*The QSuper MIC options are managed collectively within a pooled trust and as such these shareholdings are notional only.

Crediting rates are only applicable for members who have not made any transactions (withdrawals, deposits, or change of investment options) in the reporting period specified.