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Mister MD - Fri, 22 Dec 06 :

the latest from today is on www.langbar.com investor's section. Seems another year to wait, but progress being made...and Mr Buchler wishes us all a nice xmas

excerpt:
4. Agreement has now been reached on the timetable for the proceedings going
forward and, subject only to Court approval, the trial of this matter will take place in a
window between 1st October 2007 and 14th December 2007 with a time estimate of
five weeks. Further details of the agreed directions relating to the proceedings will be
published on Langbar’s website following approval by the Court.
5. Mr Rybak is vigorously defending the proceedings, and there is a significant
amount of work to be undertaken in 2007 by both Langbar and Jones Day in
preparation for trial. I remain confident though as to the ultimate prospects of
success at trial next year, and I look forward to receiving your full cooperation and
support in relation to the litigation over the coming months.
I read the full report from Jones Day at the meeting and this is attached.
I wish all shareholders a happy Christmas and a prosperous New Year.
David Buchler
Chairman


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