Chairman's Update 14 February 2013

"Like  many of you I am disappointed to see further selling. As I alluded to yesterday I am unfortunately blocked from buying further stock.

I remain extremely positive about the company's prospects in 2013 and believe that we will see the company's value increase as a direct result of the last two year's investment in our Seoul and Singapore offices.

I would point out that the recent sales have been made by ex consultants who were awarded shares as part of their package. The Board has taken steps to ensure that future employee related shares involve lockins so that such circumstances do not occur in the future."

David Ciclitira