Ann: Intiger Operations Update, page-128

My understanding is that Sentry Group is one Financial Planning Practice that has licensees that work under it as individual practices, but the Sentry Group is itself one practice with licensees and therefore counted as only 1 client of the 18.

So that would be Sentry Group 1 client of the now 18, with ipacWA 1 client, ipacSA 1 client, Planwell 1 client, NAB 1 client, that's 5 so far of the 18, 9 of which were known back in the Investor Presentation and someone had a list of most of them from attending the Investor Presentation.

That's my interpretation of it, otherwise it doesn't make sense, given we know ipacWA and ipacSA, planwell, NAB and Sentry group are clients among those others, so people looking at it as all the Sentry practices totalled within this 18 I think are looking at it wrongly in terms of how practices and licensees are differentiated as clients of Intiger.

Just my take on it.