Ann: Appendix 3Y- Change of Director's Intere, page-14

re: Ann: Appendix 3Y- Change of Director'... as tempted as i am to outline the discussion, i feel it innapropriate as he was speaking to me as an individual. He did give me confidence as to what we all see as a very under valued stock, gave me some great numbers as to potential future revenue, gave me confidence HH is switched on as to the historic issues in equal measure to future opprtunitis and that they see things very clearly. Moreover this was not a broker trying to convince me to buy a stock, but a investment professioanl outlining what he felt was the investment case.. and to me it was very compellling.