The Board has commissioned Edison Investment Research Limited to provide an independent report on the company. Edison has released a corporate outlook report that can be found attached to this release and is also available on our website.This report has been prepared using information that is publicly available. It should be noted that the opinions and conclusions in the report are those of Edison Investment Research Limited and not Smiths City.Edison Investment Research Limited has also been contracted to provide ongoing analysis and we intend to make further such reports available to shareholders.http://smithscity.devsite.nz/investment-reports/ RICK HELLINGSManaging Director Smiths City Group Limited
