Ann: Entitlements Issue Offer Document , page-7

Nursery,

If you compare the price of ADI to EKA from 4 March you'll see the following compared to Friday's close:

ADI - unchanged

EKA -20%

And if you look at today's price action so far you'll see the same underperformance again: ADI is up 1.5 cents and EKA is unchanged.

To add to the EKA's ahreholder misery, AUT is up as well: 2 cents today and over 15% since the 8th of March.

Plain for all to see.