Ann: Preliminary Final Report, page-10

Hi Weblinkc I have all but sold out of CLV at 74cents mainly because I am at the stage of my life (older) where I am selling white gold stocks (baby formulae related) and investing in yellow gold stocks based on my assessment of the global debt/currency levels/valuations so based on my age i now have a different investment strategy...regardless my 15 year relationship with Clover was and still is a good one. I can only repeat what I posted some months ago:

"hi richdes67..Do you have a point?.... I bought CLV over the last 15 years with an average price of 15 cents and sold in the last 12 months for 65 cents. I am now buying back in at an average of 43 cents. I believe CLV will reach 65 cents or greater again (this is my opinion please do your own research. I base my assessment on talking to management and analysing the last report )..however like trading any shares short or long on the market it is really up to your strategy or system you deploy as to whether you make money or not. You also would have received some nice franking dividends over your 14 year period which you must have liked!"

.....to add further I don't know how much upside CLV has to go however it does now have a solid core of long term loyal customers with higher product margins together with a very good management team. If I was younger I would probably still hold based on a potential takeover opportunity that larger companies may have in their sights for CLV. (it has a good bank of IP /patents and Martek's , CLV major competitor has patents which have expired) plus continued cost control and plus additional sales from European mandate on minimum omega levels into Baby formulae will kick in 2020 etc etc....however this is solely my opinion with no facts t0 support this view....have a happy and prosperous trading life!