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Alf Hartagain - Wed, 20 Dec 06 :

Frank just for you.


Both Cozart and AOI continue to make good progress with their businesses and we
remain excited about their prospects going forward. While just the start of the
process, these two investments illustrate the types of companies that MDY
Healthcare is targeting. We are continuing to review a wide range of potential
strategic investments as well as, on a selective basis, investing in listed
equities on a shorter-term basis.

We have made very good progress in repositioning MDY Healthcare this year, and
now we believe we have the management team and strategy in place to generate
strong future shareholder value.


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