good day for sdl, page-47

Hey Westcott..hope u well

Bank of Deyang threw me....i didnt expect it....I always thought it was CDB all the way...Anyway i think Bank of Deyang are part owned by the World Bank and are more of an investment bank then a savings and loan bank... Why are they involved?? Dunno - its China - nothing suprises me...

I think the negs were partly over the funding letters... When they say negs i dont think they mean they are negoatiting on certain point/s, moreso structuring issues and alike for the transaction... The 45c point has not been moved nor was even tried to be moved.

I dont know if the negs/or structuring issues affect SDL shareholders greatly, our first point is to ensure the $1.3b bid is funded.. It looks like it is now.

Re Port n Rail - i am not too sure...Given we are 10 weeks away from completion of the deal, I am sure Hanlong and SDL have taken care of that.

Sorry i cant add too much... AGM coming up make sure u speak to Guilio after and voice some of the questions

To me i just want the vote, and a cheque from the lawyers trust account in early Jan.. I think we will get that