Ann: Share Placement, page-14

Hi Ravishankary,

You say that your average buy in price has benefited from SPPs, but I seem to recall that for every SPP we've had one has been able to pick up shares off the market at the same price or below when the shares are released to the market. If that model holds you will still have your chance at the start of October, and indeed an opportunity was there this morning (Low of 29.5 so far).

I realise that you know the price that you are paying for via an SPP, and can budget accordingly, but historically we have repeated this trend many times now.