Hi fellow holders of RDF. I think I might have learnt a lesson...

Hi fellow holders of RDF.

I think I might have learnt a lesson on stop-loss i.e. I should always have a stop loss price for a share. From being very happy with a tidy profit I am now in the red by something like 20%. I am still hopeful for this to be a long term strong growth but she is certainly wallowing in the doldrums now.

Anyway, after a long quiet spell, we have another contract announcement and frankly, it was sorely needed.

Regards,

Keith

New Contract – Laguna Woods, California
13 July 2005: The Directors are pleased to announce that Redflex Traffic Systems Inc, a company of the
Redflex Group, has been awarded a new USA build-own-operate-maintain contract to improve public safety
with a photo enforcement program in the city of Laguna Woods in the State of California. Laguna Woods is
a city with high traffic volumes in the range of 80,000 vehicles per day in several intersection approaches
and is located in south Orange County in the Los Angeles area.
Under the contract executed, Redflex will deliver a red light photo enforcement program for up to six
intersection approaches over five years with two options for one year extensions. Redflex will work with the
city to install the red light photo enforcement system based upon the discretion of the city and program
requirements. The city of Laguna Woods is centrally located within a total population of 137,000 between
three adjoining cities. The contract was won in a competitive tender.
Redflex Traffic Systems Inc based in Scottsdale Arizona has contracts with 77 cities world-wide in ten
countries and is the largest provider of digital red light photo enforcement services in the USA. With
contracts in 62 cities and towns across thirteen states, Redflex has led the market in installed systems,
installation rate, and market share over the past 12 months.