current share price 26cents; 2014 eps 26cents, page-35

Marmaduke

I'm not sure how big of a threat Myrtle Rust is given the following:

1. Its not in WA or NZ
2. It doesn't like the heat ie wheatbelt
3. CCF have isolated plantation areas
4. It doesn't affect all eucalyptus species
5. It affects younger trees and
6. Most importantly CCF believes it to be of minimal threat

Of course if it was to come to WA, and then on to the wheatbelt, then on to multiple isolated plantations, then on to the particular strand of tree, then CCF if they did believe it was a problem would simply spray it with fungicide?