board are charging, page-3

SF,

On the same seam, it is worth noting that Bizzell is a director of both AOE and BOW, and while he probably rates AOE highly he reduced his AOE holdings substantially in both the 08 and 09 FYs - refer the AOE annual report.

In contrast the BOW 09 AR shows him doubling his position to 4mm in FY09 alone.

I'd see Bizzell as about as smart a money as I am aware of.

EL