Ann: Interim Financial Report 31 December 2018, page-8

I agree Tiga33! Dividends are athing of the past with ATP, in fact nothing good has happened here in a longtime. ATP reports seem to be re-hashed jargon where you are left guessingand most occasions reading between the lines. Been in this dog for nearly adecade and can’t seem to find a way out. Recently done a tour of the farmin North Bali (nice spot) with an Indonesian speaking friend who got talking tothe staff, they love to talk. There seem to be very few foreign mangersleft who have any real experience, pearl quality is getting worse, with aproduction cycle of more than 4 years this could stuff us, not to mentionthe loss of oysters they had, wonder how many, 50,000 – 100,000 or more? I understand decreased mortality rate does not equal more pearls, most deaths occur early on before oysters are operated with the bead.

Countless times I have attempted tocontact management, but my questions fall on deaf ears which isunpleasant. Why can’t we see some actual numbers of harvested pearls compared to what actually cuts the grade to sell, been waiting on this info for years.

Once upon a time the core businessof selling pearls done extremely well, maybe they should reflect on that alittle.

I’m happymanagements salaries reflect their accomplishments and their nests are wellfeathered.