Ann: Response to Media Coverage - Non Binding Indicative Proposal, page-154

It is interesting.

I could guess many of the parties as have had a few chats over the years with someone outside the board but with close connections inside the top 20.

The vibe has been critical on some occasions. As many here would know I generally have a positive view of our board.

I just don't see how a dissident group get to 30 percent without a degree of exaggeration.

That would be the top 25 holders and I'm well in there between two accounts and certainly was not a part of it.

Probably the reality is somewhere in between the range of numbers quoted, but I'd be suspecting closer to the downside (unlike my view of the stock potential)