chmp meeting minutes, page-10

The following is from yesterdays announcement , note 1 :

At 31 December 2013, and based on stability analysis already undertaken which indicates a stable profile for the commercial lifetime of the product, Management has assessed that the inventory of VitroGro® ECM is not impaired and no impairment provision has been raised. Management is therefore confident that the carrying value of finished goods of VitroGro® ECM at 31 December 2013 is recoverable provided the following circumstances can be achieved:
? Regulatory resolution to allow sales of product in line with forecast sales, and
? The process under the relevant regulatory procedures allows an extension to the shelf life of the March 2012 batch at the time it is
requested, and;
? The additional cost of relabeling the finished goods of VitroGro® ECM is absorbed by the available margin in the sales price.

***The Directors are of the view that the above can be achieved and therefore believe that the carrying value of finished goods of VitroGro® ECM is recoverable.***