Ann: Updated securities trading policy, page-5

Hi Teddyward,

Just phoned them them up to clarify, nothing untoward, came from a discussion at general meeting to change wording to allow trading 30 days after "media" announcement to "market" announcement or vice versa/something similar, more an administrative word change and not due to any impropriety or ASIC request.

Having met David Slack last year he seemed an upright type of guy, personal opinion only.

Any queries best to speak to the company in the first instance as on some threads things get a bit of traction when unnecessary. Current management still seem to have the same policy as before not to announce anything unless important or necessary, I am more for than against this approach which does wear on me a bit as I like to be in the loop : )

I phoned The CEO, Graeme recently and he responded to my call, he was in a taxi to the airport at the time and doing other things at the end, paying taxi drivers, juggling bags, catching planes but throughout always speaking politely, unflustered and as informative as he could be, I was impressed with the response.

Looking forward to the next quarterly / announcement, whichever comes first as I think there has been sufficient time since the trailer brake announcement to get something going.