from europe to china, page-2

HI Ausjpn,

In response to your questions, I believe the following to be true:

1) They haven't said they would reveal a list of tenders to the market and I would not expect them to reveal this information.

2) I think management revealed at the last General Meeting that they expected offtake to go to China since China required long-term supply which SDL would be able to guarantee (from memory 10+ years), not just immediate future.

Regards,
Marley.