buyback, page-27

The motions all were passed.

I asked why the hell have they not been buying....they did not provide an intelligent answer, saying the environment is uncertain and we await some stability.

My comment was HELLO, the point is to buy as many of these as you can at as cheap a price as possible, that way we buy more.

They await court approval, which they said is expected very shortly. I asked Kerrie what her version of shortly is...months or days. She replied weeks.

They are going to clean up on the currency from the sale as the aussie has fallen so much.

I think we will see the market react very positivly in the next few weeks. They re-affirmed performance and distribution guideance too.

Kiril.

I hold.