ARP arb corporation limited

$4.19 bid/$4.20 offerFrom the chairman's address to...

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    $4.19 bid/$4.20 offer

    From the chairman's address to shareholders

    "June 2004 Operating profit was up 18.2% to 17.1 million dollars for the year derived
    from revenues of 101.9 million dollars, which is up 14.0% on the prior year. Net profit for
    the year was $12.1 million which is up 17.5% on the 2003 result."
 
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Currently unlisted public company.

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