Ann: Appendix 4C - quarterly, page-11

I am looking forward to see the changes in the holdings of JP Morgan for DLC in the year on year report that is due. JPM holds the shares of non-Australian investors. 190 million plus last year and now I am looking for a 210 million plus number now. Hard to track as DLC is not investor friendly at present.

The amount held outside of Aussieland has been growing from year to year. In my opinion and clearly in my opinion only, DLC needs to get investor friendly and right away instead of later. Last year around 30% of the shares were held in foreign hands.

Waiting around for DLC to pop on it's EUR holdings is a losing game. DLC needs to get moving with its core business and its superb distribution hub. A little fracking (Hydraulic fracturing) of its oil business would not be bad either................