Date: Monday, 20 June 2011
At SuperGroup PLC, Unit 60, The Runnings, Cheltenham, GL51 9NW

Julian Dunkerton, Chief Executive, and Chas Howes, Finance Director, will be hosting a presentation for sellside analysts and investors which will take place at 12 noon on Monday, 20 June 2011 at SuperGroup’s Head Office in Cheltenham at Unit 60, The Runnings, Cheltenham, GL51 9NW.

They will be joined by several members of the Group’s operations team including James Holder, Brand and Design Director, and Theo Karpathios, Chief Executive Officer (Wholesale and International). The schedule for the day will include an overview of the business with updates on current design, alongside UK and international growth opportunities.

A more detailed itinerary for the day will follow in due course, including travel arrangements to and from Cheltenham.

If you could RSVP by return to my assistant, Sarah Vines, on 020 7457 2057 or alternatively email her on sarah.vines@collegehill.com to advise us whether or not you will be attending in the first instance, that would be much appreciated. Please note we will only be able to accommodate one sellside representative per team.

We very much hope you will be able to join us.

Forecasts: contingent on seeing rate rises: We
expect the BoE to raise rates 150bp by end-2012. The
main risk to our view is that the MPC delays action until
late this year/early next year. That might make falling
house prices more a story for 2012/13 than 2011/12.

Mortgage approvals may have been held back to a limited extent in April by the extra bank holiday for the Royal Wedding and by the later Easter. Even allowing for any impact from those factors though, mortgage approvals are clearly very low compared to long-term norms. Mortgage approvals have actually averaged around 90,000 a month since 1993, while a level of 70,000-80,000 has in the past been considered consistent with stable house prices

On balance, we believe that house prices are likely to end up declining by some 10% overall by mid-2012 from their 2010 highs. This implies that they will fall by around 5-8% from current levels depending on which house price measure you take.

The friend told her he had happened upon the laptop discarded in a garbage area in a downtown apartment building. E-mail messages for Mr. Tourre continued streaming into the device, but Ms. Cohen said she had ignored them until she heard Mr. Tourre’s name in news reports about the S.E.C. case. She then provided the material to The Times. Mr. Tourre’s lawyer did not respond to an inquiry for comment.

The main risk from mobile phone useage remains that from using them when driving – and I await your pickled vegetable jokes.

* Cites “serious concerns” over governance

* Had provided $50 mln loan for majority-owned Mopani

* EIB carrying out independent probe into tax claims

* Glencore denies wrongdoing, welcomes probe

By Clara Ferreira-Marques and Philip Blenkinsop

LONDON/BRUSSELS, June 1 (Reuters) – The European Investment Bank has frozen all new loans to commodities trader Glencore (GLEN.L) and its subsidiaries, it said in a statement on Wednesday, citing “serious concerns” over the group’s corporate governance.

But Mopani has since been accused by some non-governmental organisations — most recently by campaign groups in an open letter signed by a group of European parliamentarians — of tax evasion and of causing widespread pollution.

Mr Murray, an old Asia hand, has stirred controversy by implying that he is not keen on women in the boardroom. But some institutions are not that keen on the means by which Mr Murray arrived in Glencore’s. Mr Murray is generally believed to have been hired by Ivan Glasenberg, Glencore’s chief executive and a big shareholder, without input from other directors. They only met Mr Murray on the day of his appointment, according to the yarn.

That merits an arching of eyebrows in politer City parlours. At a big quoted company, a nominations committee is responsible for meeting and shortlisting potential chairmen. The chief executive butts out of the process for the obvious reason that the chairman, in extremis, has the job of ejecting him or her from the board. Some important stockpicking investors say privately that they would have preferred Mr Murray to have been appointed thusly. Their concerns contributed to their decision not to buy into the Glencore float, alongside other worries. These included the perception that shares in Glencore were overpriced and that commodity prices are set for a serious tumble.

In fairness to Glencore, the business was still private in April when Mr Murray was appointed. It had no obligation to ape quoted company governance. Moreover, Mr Glasenberg is understood to have discussed a shortlist of candidates with his coalescing board. They all voted for Mr Murray. They met him for the first time as a body on the day of his appointment. But several were already acquaintances.

For DSK has revealed the truth – and like the Wizard of Oz, it turns out that behind the screen there was nothing all that impressive going on. Leave aside for a moment the question of whether he’s guilty of being an attempted rapist and focus simply on his now well-established normal behaviour. For remember, that in France DSK is known as a séducteur; in fact, he was known as a grand séducteur. That’s like a Jedi Knight of babe magnets. And what were le grand séducteur’s last words as a free man? Moments before he was pulled off his plane, he had purportedly looked at a shapely stewardess and remarked “nice arse”.

In May 2009 BDO was approached by Shore Capital to provide advice as a sponsor on its proposed merger with Puma. BDO was made aware that the transaction might constitute a reverse takeover due to the significant size of the target company. Shore Capital’s shares were listed on the Official List and traded on the London Stock Exchange.

Agreed with Shore Capital from the outset that it would delay contacting the UKLA until after the announcement; and
Attempted to avoid classifying the transaction as a reverse, despite recognising at the time that this strategy was highly unlikely to succeed.
The FSA has concluded that BDO’s conduct did not satisfy the requirements for a sponsor under the Listing Rules.

James Hussey’s “detailed understanding of the market and long-standing relationships across the industry will be invaluable to Oberthur,” Chairman Jean Pierre Savare said in a statement. “We want to clarify, without any reservation, that we have no intention of making an offer for De La Rue.”

Oberthur abandoned a 10-week chase of the 200-year-old Basingstoke, England-based company after De La Rue refused to enter talks over a sweetened 926 million-pound ($1.5 billion) offer in January. Hussey resigned in August after production issues at a factory caused operations to be suspended. His resignation stemmed from “his belief that he must take responsibility for this,” the company said at the time.

De La Rue fell as much as 5.1 percent to 780.5 pence in London, the biggest intraday drop since Jan. 24. The stock traded 3.3 percent lower at 795 pence as of 10:03 a.m., giving the company a market value of 789 million pounds.

So our conclusions are that this intrduces some formal delay to Oberthur’s ability to come back for DLAR, but ultimately they still very much want to own this asset and we will see another approch eventually. Any M&A probability in DLAR’s price shouldn’t decline too far.

· Significant reservoir package and hydrocarbon column encountered
· Wireline log analysis indicates 93.5m (306 feet) net pay in good quality reservoir
· Average porosity greater than 20%
· Average permeability of 100-200 millidarcies (mD) and up to 1,000mD
· 79m net pay in main fan complex
· 14.5m net pay in lower fan complex
· No oil water contact observed
· Rockhopper now intends to test the well

Scallop Sashimi with creamy spicy sauce
Snowcrab with creamy spicy sauce
Scallop steak
Turbot with amaebi new style
Salmon Sashimi roll
Dancing scallop
Eel harumaki spring roll
Black cod miso
Jumbo prawn with yuzu and wasabi sauce
White tuna with chef special sauce
Escolar special
Twin dragon
Gyu asparagus with ponzu
Summer yellow tail roll
Lobster tempura

Toro with Jalapeno
Scallop new style
Salmon new style
Yellow tail with jalapeno
Tuna tataki
Octopus tiraditor
Seabass tiraditor
Tuna steak with jalapeno