Prelim report out (year if opportunity):Total Operating revenue:...

Prelim report out (year if opportunity):

Total Operating revenue: $80.8 mill.

Net loss: $63.9 mill.

Loss of market share in the UK.

Losses insurred in bulk wine.

Restructuring costs with the tunraround strategy.

Second half very bullish:

New agency brands

Significant grapeintake reduction program

New Management team

Completion of business re-structure in Feb 2006

Sales of Mildura and Griffith acounting for $30 mill used for primarily for debt reduction program.