Ann: Shareholder Newsletter, page-139

All good questions ... why didn't Dirk explain that the concessions would only marginally affect
margins , and if they only marginally affected margins , why mention them at all ...... the
" headwinds " back in the Dec qter was only 5% , ....yet cost us a drop in SP from .38 to .32
..the entire issues with AJX has become tiresome , ..some investors have been here a while and
would remember some issues with their ann's around ....constant mistakes with grammar and
in graphs etc , you would of thought they have learned ... have a look at the above Revenue Analysis
graph ... spot the mistake ....Hint - the tittle is correct ....

PS