Ann: Managing Director Remuneration Update, page-2

Well that's very generous of VRS. I hope we start to get something reasonable in terms of net profit as a consequence of such generosity. The performance since we spent around $80 million on takeovers which has all been written off, combined with lamentable net results is still far short of what shareholders should be happy with given we have income of $100 million. Something has been seriously wrong for too long. This half yearly has to see some serious improvement. We once traded in the high 30c range.