Ann: Appendix 3B, page-10

There is another theoretical source of funds.

Apollo Development Inc still owes EVM $US 790,000. This is due by the 31st December. EVM has already booked it as deferred income.

It is interesting for two reasons:

1) EVM seems reluctant to refer to Apollo. Apollo is just called "Texas based power development company" in the EVM annual report.

2) Roger is the Chair of the Apollo Board. So one company related to Roger needs to pay another.