PROGRESS AT STAERMOSE INDUSTRY A/S

We have had a good year and are still making progress. We have just completed the quarterly financial statement, which shows progress across the board. We have met our own goals and expectations and look to the future with optimism. This is attributable to the success of our existing customers and to the fact that we continue to attract new customers. We are pleased with the positive development among our customers, collaborators and internally at Staermose Industry A/S and look forward to continuing our good working relationships in the new year.