cnp on rise , no one wants cer, page-24

AA,

For Orbis

Date of Notice Shares Cost
initial* 52,933,968 $21,173,587
6/03/2008 64,471,648 $27,358,821
1/04/2008 26,435,952 $10,965,544
27/05/2008 26,280,283 $9,435,366
3/07/2008 23,967,259 $7,681,658
4/09/2008 24,075,540 $6,649,153
10/09/2008 24,667,455 $5,496,486
15/09/2008 28,405,973 $3,600,819
18/09/2008 24,724,684 $2,706,560
15/10/2008 23,731,393 $2,699,920
6/11/2008 24,551,895 $2,456,223
23/03/2009 34,632,850 $1,767,003

Shares Held 378,878,900 $101,991,140

Average Price 26.92 cents per share. I have had to estimate that Orbis acquired their initial 52,933,968 shares in CER at 40 cents per share since this information cannot be ascertained from their initial substantial holding notice.

Please also note that Orbis received a dividend of 1.4 cents per unit on an estimated shareholding of 170,121,851 units as at their last notice prior to the ex-dividend date. They may have held a few more but at the very least this would equate to a distribution of $2,381,706. If you add this back to their "cost base" you get an average price of about 26.29 cents.

Cheers.