At Sun, 9 Jan 2011 17:42:46 +1300,
Aidan Gauland wrote:
>
> The closing </div> tag in this Org file is placed *before* the closing
> </li> and </ul> items for the *** A third item heading.
>

I can confirm this with

Org-mode version 7.4 (release_7.4.199.g8be1)

GNU Emacs 23.2.1 (i486-pc-linux-gnu, GTK+ Version 2.20.0)
 of 2010-12-11 on raven, modified by Debian

best,
  -- David

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