Ann: Shareholder Update 16 October 2009 , page-24

Hi Lekki,

Much as I would like eo December (2009), and even though we had every reason to believe that this was the plan, no - I think we are looking at Q1 2010 (please!).

I tried to indicate that with the clever use of the "..." around the words 'on track', followed by the tortured athletics metaphor. I'm afraid I'll never win the Booker Prize..... :( (probably just a Darwin Award the way I'm going...)

"on track" only meant that it wasn't derailed (much as could be said for Sydney trains - late, but still moving in an approximately forward direction....).

As for the rest, well I will only say that a positive announcement did actually come out last week.
So it works for me :)
(you need friends in higher places perhaps....)

So - no denial (just poor expression perhaps?)
- reality still OK

Luckily I'm not planning to retire yet, but I can still hope that by the time I do, this recalcitrant and infuriating stock will have played a significant part.

Keeping happily to my own,

sasa