Ann: Appendix 4D and Half-Year Financial Report, page-4

Any views on how the Dunlop distribution deal might play out over the next couple of years. Is it going to be a positive or a drag on revenues and cost of doing business? I assume the redirection of Dunlop sales through new distribution channels will take time to gain traction. Also, what happens to the Dunlop brand globally as Goodyear withdraws from that brand, if I have understood what is happening in the US correctly.

On another topic, I saw some months ago that NTD was a participant in a non-profit tyre group in Australia to recycle tyres into the constant parts, oil, etc. ASX company ETR:ASX Entyre has a processing facility in Queensland which looks to have some long term potential. Madam, what are you thoughts on this business and its viability going forward?