Ann: Response to ASX Query, page-10

Great to finally see some support for NSL

Just recently bought another 1m shares at .007 cents, glad i did,happy to be holding
4m shares.Anything under a cent is a absolute bargain.Just a no brainer buying in at
these levels.

The opportunities in India for NSL are huge.Name another foreign owned company with
NSL expertise operating in the Indian domestic iron ore industry,there is none.
The work NSL have put in the last 6 years to get to this point is huge,in a very
difficult market to get established.