Ann: Trading Update , page-9

Dear All,

In 2007 the shareprice was smashed. Since 2007 it has barely recovered. From what I can gather the company has been well run from those days to these days.

I fear the company may be in no man's land at the moment. Or is it that it is the prevailing economic conditions that are against the company? I hope the company can get back to 60c sooner rather than later as I like the management and it's efforts to perform. I fear that the company may just wallow and fade away.

I hope I am wrong about my fears.