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## Review of Operations 

Information on the operations of the Group is set out in the 2010-2011 Operations review on pages 5 to 14 of this Annual Report. 

## Future Developments, Business Strategies and Prospects, and Expected Results of Operations 

Other than the matters included in this Directors’ Report or elsewhere in the Annual Report, future developments, business strategies and prospects of the Company and the expected results of those operations have not been disclosed as the Directors believe that their inclusion would most likely result in unreasonable prejudice to the Company and/or the Group. 

## Dividends 

No dividend has been paid or declared by the Company to shareholders since the end of the previous financial year. The Company intends to pay future dividends during financial periods when appropriate to do so. 

## Options 

As at the date of this Directors’ Report, the details of options over unissued ordinary shares in the Company were as follows: 

<img src='content_image/198714.jpg'>

During the financial year, the following ordinary shares of the Company were issued on the exercise of options granted. No amounts are unpaid on any of the ordinary shares issued: 

<img src='content_image/198715.jpg'>

No fully paid ordinary shares have been issued since 30 June 2011 as a result of the exercise of Employee Share Option Plan (‘ESOP’) options and other share options since that date. 

