Ann: Appendix 4C - quarterly, page-17

The last we heard was that Jatcorp had received a positive response from the restaurants provided with samples of Vmeat.

It interesting that Jatcorp is also presenting real meat alongside its Vmeat products at the third CIIE this month. Same restaurant market, but slightly different end consumers I suppose.

There is a lot happening for Jatcorp this quarter. The outlook in the latest Quarterly update has some info on direction. We already know about a lot of other things happening, particularly in November.

"Outlook

In the current quarter, JAT plans to deliver growth through:

- The release and marketing of newly-developed products, including Ione Full and Skim Milk Powders which JAT plans to sell both in Australia and internationally.

- Expanding JAT’s business and distribution networks, particularly to expand operations into other Asian countries.

- Continue to seek and cultivate new sales channels to offset constraints of the daigou channel.

- Complete the upgrade of its ANMA factory during the period, allowing ANMA to produce more products, particularly the probiotic range."

GLTAH DYOR