Hi All, I have changed my departure from Dili to Saturday 1/12.

I have listed below points that I think should be discussed at the proposed shareholder meeting: 1) Date and Place of meeting: I propose 10am on Friday 30th November this will give us plenty of time to prepare minutes of the meeting for signature. The place of the meeting to be advised next week after I arrive as we will want a private place and I hope we can use Alister's office, but I need to clear it with him first. 2) Discussion on the status of the latest Articles of Association (Portuguese Copy). I will get an update on this before the meeting from the Lawyers. The position of each Shareholder as stated in these Articles means a lot of what we need to discuss revolves around these Articles.

3) Discussion on the Management Structure of Esset, i.e. The need to appoint a General Manager with overall responsibility for the operation of the Company.
(but bear in mind that the outcome of the appointment of a General Manager will remove any day to day management decisions from being the responsibility of shareholders).

4) Discussion on the input of shareholders to Management Decisions. 5) Discussion on the current financial position of the Company.( At this stage I think it would be appropriate to invite our Accountant to be present if possible). 6) Discussion on the preparation of the 2012 Financial Statements of the Company. 7) Discussion on what we would need to do in the event that our Land Lease renewal was rejected or our Business Licence renewal was rejected next year. We hope not needed but better to have a fall back position just in case. (No Problem) Please feel free to add any further suggestions you may have but bear in mind that the outcome of the appointment

of a General Manager will remove any day to day management decisions from being the responsibility of shareholders. Regards Alan Ware