EXHIBIT 99.2 THE SERVICER OFFICER'S CERTIFICATE OF COMPLIANCE
MEMBERS EQUITY PTY LIMITED (MORTGAGE MANAGER) OFFICER'S CERTIFICATE OF
COMPLIANCE
The undersigned, a duly authorized representative of Members Equity Pty Limited,
as Mortgage Manager (the "Mortgage Manager"), pursuant to the agreement entitled
"Mortgage Origination and Management Agreement" dated 4 July 1994 (as novated
and amended) between Perpetual Trustees Australia Limited, ME Portfolio
Management Limited and Members Equity Pty Limited, (the "Agreement"), does
hereby certify that:
1. Capitalized terms used but not defined in this Officer's Certificate have
their respective meanings set forth in the Agreement, unless the context
requires otherwise or unless otherwise defined in the Officer's
Certificate.
2. As of the date of this Officer's Certificate, Members Equity Pty Limited is
the Mortgage Manager of SMHL Global Fund No. 4 (the "Trust").
3. This Officer's Certificate is delivered pursuant to the Agreement.
4. A review of the activities of the Mortgage Manager during the calendar year
ended June 30, 2004 and of its performance under the pooling and servicing
agreement or similar agreements was made under my supervision.
5. Based on such review, to my knowledge, the Mortgage Manager has fulfilled
its obligations under the pooling and servicing agreement or similar
agreements relating to the Trust (including the Agreement) throughout such
calendar year and, except as set forth in paragraph 6 below.
6. The following is a description of any exceptions to paragraph 5 above:- No
significant deficiencies were detected.
IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the Mortgage
Manager, has duly executed this Officer's Certificate this 24th day of
September, 2004.
MEMBERS EQUITY PTY LIMITED,
as Mortgage Manager
/S/ X. XXXXXXXX
-------------------------------------
Name: X.XXXXXXXX
Title: Director
