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The factors that are considered to affect total shareholders return (‘TSR’) are summarised below:

Share price at financial year end ($)         2015               2014   2013                       2012     2011
                                               0.63               0.88   0.82                       0.51     0.88
Total dividends declared (cents per share)
                                                    -              4.0    4.0                            -    4.0
Basic (loss)/earnings per share (cents per     (2.3)               6.5    6.7                       (1.5)     7.6
share)
                                               (2.3)               6.5    6.7                       (1.5)     7.6
Diluted (loss)/earnings per share (cents per
share)

This concludes the remuneration report, which has been audited.

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