Mortgage Choice Ltd. Announces Management Changes

Mortgage Choice Limited is engaged in mortgage broking. The Company's mortgage broking activity involves the provision of assistance in determining the borrowing capacities of prospective borrowers; the assessment, at the request of those borrowers, of a range of home loans or other products, and the submission of applications on behalf of prospective borrowers. The Company's product segments include Mortgage Choice franchised mortgage broking (MOC), Help Me Choose health fund and mortgage comparison Website (HMC), and Mortgage Choice Financial Planning (MCFP). MCFP includes revenue from wealth products, including investment advice, as well as all risk insurance products. The Company primarily writes home loans in Australia. Its brokers also help customers to source credit cards, car loans, commercial loans, asset finance, deposit bonds, and risk and general insurances. Its national network of mortgage brokers has access to a panel of over 20 lenders offering a range of loans.