If I use a timing light on plug 1 , which pointer on the timing cover should I use ( 5 degree pointer ?? ) Cheers

Agreed and the original setting were for 4 star petrol and leaded heads.Kevin - why should the unleaded/leaded head make a difference? The determining factor for timing is the Octane rating of the fuel used.
And using a timing light so you know whats going on and what to set the timing at in future.That's usually adjusted by the old fashioned way of driving at 20mph in top, flooring the throttle and retarding the ignition until it stops pinking!