Ann: Cleansing Statement , page-5

Thanks Happy

That makes sense. In the 2009 annual report, there were 466,623 rights issued to company employees.

Per the annual report:

"In accordance with the terms of the share-based arrangement, the rights issued on 4 December 2009 will
vest when the financial targets for the 2010 year are met and the employee remains employed as at 1 January
2011."

That doesen't account for all of the shares issued, but at least it goes some way to allaying my fears that we are getting unecessarily diluted.