Ann: Letter to Shareholders from the Board of Ave, page-6

re: Ann: Letter to Shareholders from the Boar... TJ, I agree with you. If we are to believe what our chairman tells us now, it sort of drops him into the dirty stuff about his past lies since 2008. If he is so negative on ATC now, where was he when other unanimous board decisions were made. While I accept that drongo did not act alone in the deception, all other partners in crime have now departed AVX, why should he stay and spend our money. Since the company is now only a shell, we finally have some communciation from management. Sadly though, it is not sincere but only jockeying for power.

Nothing sweeps cleaner than a new broom. Drongo to go.