API’s industry position improving
– Confidence in API growing consistently in the pharmacy market
– Service levels remain very high
– Demand for Priceline Pharmacy remains strong
– Alphapharm partnership possible due to API’s strong position and
potential
– First major strategic change in the industry for 2 years
– API back to concentrating on core assets
• House and JV positions finalised in four month reporting period to
31 August 2007