Ann: 2013 Annual Report , page-2

All things considered I think a very good yearly report.

A big thanks to Mr Humann for his time on the board and best wishes to Mr Grey for the future.

Will be interesting to see if another director is appointed and what numbers, composition and experience the board ends up as for the next few years. There certainly has been a changing of the guard which is a good thing at this time I think and in my opinion definitely heading in the right direction.

Nice to see Zambia gets a mention and Turkey, evident there is a good geographical mix for a customer base, that can only grow with time.

I would be very interested in knowing what other uses they could be looking at for brakes and what they have on the radar at present as I've always seen the mining and now refuse trucks as small stepping stones only for the greater braking market that could potentially be captured. They need to push this info out to the market in a timely manner as progress becomes more certain.

There are always one or two sentences in the annual report where you try to read between the lines. Overall from my perspective a very positive report and I am certainly looking forward to the year ahead.