Ann: 2012 Icon Energy Chairman's Address & MD, page-2

re: Ann: 2012 Icon Energy Chairman's Addr... "In closing I see this as a company maker and I thank you for your investment in the company, your interest in the company and your attendance at today’s AGM"

First time I have seen "company maker" used...

Missed this years AGM as I am still in Thailand. I have missed the "Festival of Lights" for the last few years due to flying back for the meetings, yet this year, well with the find, I just decided to stay here an just silently celebrate a great trading year. It certainly has been that.

I believe the share price will move well north over time and this 15 stage frac that the AGM mentioned in these slides, look like it is going to bring all sorts of goodies to us.

2013 looks a good year coming. After speaking to a few friends in the industry they mentioned a few things to me. If you want to make some quick bucks, a T/O is a way to go, but if you can last it out and let it go to production with some 'help' along the way, in time, we will possibly make a lot more.

We do not have the funds to get to that production stage I feel at this stage but I am sure RJ is going to hold onto this to his last breath an I hope, by this stage the share price is well north of here.

This years profits from ICN I have invested back into the market but into some solid dividend paying blue chips.It certainly has been a profitable year and I hope to one and all that you all have a Merry Christmas and a happy, most of all safe New Year.

Good trading to you all