++ data and comment ++ update, page-42

re: ++ agm--md's address ++ Comments on MD's address:

1. We have discussed some of the delays which can be encountered, but one the MD mentioned was the Approval needed from Local Govt.

2. Thanks Corvette for predicting Sala's movement. He did indeed visit Athene and the result is 2 screens in the centre of that city.

Knowing his movements maintains confidence.

3. Prospective signs are strategically located throughout Europe, this in turn will promote further sales. Also, interested parties don't need to travel far to see a screen in action.

Finally, once the European territory is carpeted with a certain number of screens, then from then on these signs sell themselves: Sales lead to more sales.

4. There have been some delays but because of that I expect a bunching up of signed contracts in the first quarter of next year. At the same the quoted European interest in some prospective contracts would be finalized and deals done.

5. The policy to secure top companies as advertizers is correct, even if it takes more time. This is because of on-flowing further business to be expected.

6. Each prominent sign strengthens LUM's credibility and with it an increasing ability to finance the signs without having to call on shareholder's cash.

I find this Address stimulating; perhaps some Investors may think that now is the time to accumulate stock before the big events start up.

Gerry
Please do your own research and you decide if and when to buy, hold or sell any stocks.