Can you provide any additional information about the new engine that is being completed for Ford’s Premier Automotive Group (PAG)?


Shareholder, name withheld

As stated in the Interim Report, we have been working together with Tupy on the development of a new CGI engine for Ford’s Premier Automotive Group (Aston Martin, Jaguar, Land Rover, Volvo). The engine has received Program Approval and is now the first publicly announced engine among the six new CGI engines referred to by Tupy at the SinterCast AGM on 20 April 2004. The remaining five CGI engine programs continue to progress according to schedule and will be announced once permission is received from the respective OEMs.

We appreciate that Ford and PAG have allowed us to make this initial reference to their new CGI engine and we respect that they want to withhold further details about the engine until nearer the production launch. A more detailed Press Release will be issued at that time, the wording of which has already been approved by Ford and PAG.