Ann: Appendix 4C and Quarterly Update, page-27

Demonstrating growth and most of all paying its own way. Not going to set the world on fire but a great position to be in. Very low key Ann, Comments regarding capturing new business is just a statement of fact where many other companies would be blowing trumpets. A small trumpet would not be unwarranted as it is the new business that will drive this company forwards. Growth is key at this stage, growth in customer base = growth in revenue and if they want to leave it to the numbers alone to talk, quarter by quarter mind you, then saddle up the tortoise for a slow ride. Still leaves time to catch a few more shares slipping from impatient hands.