Ann: Appendix 3B, page-3

Hello BM  Been gone for a bit hence late reaction. Very much doubt that these will be exercised. The 20 cts will act as a share price ceiling untill expiry in my view.

Also noticed that management want to reward themselves with another few myn of 20ct options at the next AGM. I find this very insulting to all the holders of E25. Nothing has been achieved this past year and the shareprice has suffered accordingly. I will strongly oppose and encourage everyone to do the same and get the message across that awarding themselves with 2.5% of the company is a no go.