Hi Fellow InvestorsCopy of my second email to ADY asking for...

Hi Fellow Investors

Copy of my second email to ADY asking for more sepecific questions.


Sent: Sunday, September 12, 2010 1:29 PM
To: ADY Investors
Subject: Re: re management names in both companies


Hi Maria
Thanks for your reply , I hope you are feeling better .
There are specific questions I want answers to as soon as possible ,this will enable me to reach a decision as a share holder with regards to the potential buyer Icarus Derivatives
Admiralty

1) Re: Icarus Derivatives

Background on Company

Where Registered

When Registered

Who are the a: Management

b: Directors

Who are the technical Advisors.

What gives the company confidence that Icarus can:

Pay the funds due

Develop properties & export product

2) If Icarus Deal Done:

How much cash will Admiralty have.

How much development is remaining in properties.

How will they maintain/pay Chilean staff

What are the plans for:

The remaining properties in Chile

Staff in Chile

Australian Assets

Has Admiralty received any other offers, anticipate receiving other offers, if any other offers are received, will these other offers be put before shareholders for consideration and will there be an independent valuation undertaken and provided to shareholders?.

Regards