Ann: Appendix 4C- Quarterly Commentary, page-25

risiko, have a read of the pre-quotation disclosure also released on the 13/10/14

the old shell was consolidated 20 to 1 to 25,438,436 shares. 50 mill shares were paid to the private previous owners of 1-page and 42.5 mill were a public ipo to raise 8.5 mill working capital. Then there were just a few more shares issued to helper outerers and hangers on. There are more options and performance rights issued as incentives that I was not aware of but nothing that should be overly detrimental to us plebes. In ball park numbers the shares initially registered at the time of listing was 120 mill