The directors have pleasure in presenting to shareholders their summary financial statement for the year ended 30 June 2007. A summary financial statement does not contain sufficient information to allow as full an understanding of the results and state of affairs of the company or group as is provided by the annual report. The financial statements, a business review, directors’ report, directors’ remuneration report and report of the auditor on the financial statements and auditable part of the directors’ remuneration report (which is unqualified and did not include any statements in relation to sections 237 (s2) and (s3) of the Companies Act 1985) are included in a separate document entitled Annual Report 2007, which is available to shareholders free of charge.