2008: The business has had a successful 2007

2008: The business has had a successful 2007 where we have exceeded our targets and had like-for-like growth of just below 12%.

Dear Customer,

The business has had a successful 2007 where we have exceeded our targets and had like-for-like growth of just below 12%.

From a sound footing we will concentrate on growing the business in 2008 to achieve the next step in the development plan and are ahead of target which is promising.

The “Growth through Innovation” strategy launched in January 2007 was a powerful way of focusing the attention of the Company on four success factors: Product Excellence, ”Material and Pack Innovation, Portfolio Add-ons and Supplier Development. These will continue to be the key areas in order to meet our customers’ needs and expectations.

Combined, these allow us to offer complete peace of mind to our customers. We continue to build on the relationship and trust that is vital for the long-term success of the business.

Material and Pack Innovation is paramount. We do not intend to be a me-too player but want and understand that we need to offer that little bit extra. Smarter materials and techniques are the way forward. Making it easier for our customers in their packaging supply chain is a must. The service element is a key to success.

We continue to forge strong long-lasting ties with our supplier base. Strength is about permanence and the willingness to develop ideas, solutions and strategies together. Communication is more than a two-way dialogue; bringing people together to generate those ideas and creative thinking is extremely important to us.

Reinvesting profit back into the company to continue the cycle is also important. Cutting-edge development allied to product excellence leads to customers’ satisfaction which contributes to growth, more efficiencies and smarter ideas and product generation.

In 2008 all our activities will continue to revolve around our customers and their needs. As a respected packaging company it is our responsibility to provide products that are reliable, delivered on time, which perform to the packing, storage, transportation and end-user needs, enabling our customers to increase their market share and profitability. In short our aim is to make life more comfortable.

On behalf of the company, I would once again like to thank you for your ongoing trust and business with Rosenflex and wish you a highly successful year.

Yours sincerely,

Robin E.J. Reid

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