Ann: Debt Update , page-36

Dan according to our half year results we have been successful in leasing 5.1 % of the portfolio. The leasing activity was described as healthy. 94 mil of asset sales where completed. This was during the worst downturn since the great depression. To say that the shopping centre market is going to be declining for the next three years during a period of a predicted strengthening US retail sector is IMO to pessimistic