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Little bit of info Below on Glenn

Mr Glenn Rufrano is known to a number of APN executives and board members. APN in the past has been pleased with his straight forward and honest approach to business dealings. Importantly, he has over 25 years of experience in ownership and management of community and neighbourhood shopping centres. This experience has included corporate turnaround of New Plan Excel Reality Trust (NXL), a company that was highly leveraged at the time and needed Rufrano to work with a number of financiers. The stock price at that time (February 2000) was approximately US$15.89 which he later sold to Centro for US$33.15 in February 2007. His Centro salary package is highly structured for a successful outcome for shareholders, for instance there is both a potential short term incentive of up to 150% of his annual salary and also one million long term options. Both require that the company remains a solvent entity.