Ann: Response to Media Speculation, page-13

Armour shareholders are being asked to accept a deal that is not a deal. It's CONDITIONAL that it will ever happen. It's like saying to someone " Give me an option on what you're letting me do and if I do it I'll let you know what the deal is or if there is one whenever it might happen". This is about as sloppy as it gets.

Westfield on it's side says that this is it's last... final... finish... done with.. terminal... positive..... conditional ???? offer which will not be improved ........................................... UNLESS THERE IS ANOTHER HIGHER COMPETING OFFER.

Rub a dubb dubb, three men in a tub.