We are left with a month to close our financial year 2014/15. The focus for all for us, is on delivering on target. Following my earlier communication on the Direct Lending performance, I would like to highlight the overall performance of the organisation.

By end of the third quarter we had achieved about 70% of the set target on both approvals and disbursements.

For approvals the set target was R977, 4 million and, about R855, 6 million, has been achieved, year to date.

Disbursements targets have been achieved as at the end of the third quarter. For all channels the target was R800 million. By December 2014 R890 million had been rolled out.

I am also delighted to report that the recent appointments of the two executives, CFO and the CRO, will bring stability to the organisation as both positions have been vacant for some time.

I appreciate your hard work towards the achievement of the organisational targets over the past 11

months. Let’s all redouble our efforts towards the remaining few weeks of the financial year.