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Season's greetings.

Dear: As 2007 draws to a close, we can look back at all the entities that have achieved great things in China. Let me take this opportunity to express to you my sincere gratitude for your efforts and hard work throughout 2007.

Without redoubling our efforts, we won't always be able to accomplish what we're supposed to do. All entities have their own characteristics, but the basis of the market and the performance of all entities operating at different stages of their maturity.

And AKFP can look back at 10 years of successful development, which has stepped up to a new level of operational excellence - a NWO has just begun, and there will still be a long way to go this year to prove its excellence. In ATC, we have another year of excellent growth in orders and sales. But profits have not been able to grow for some reason, at the same pace.

We have made substantial financial reserves to take care of the loss order to support the business when assisting in regaining access to the market and building a strong future when the business – not only in China, but also around the world. However, I believe that 2007 was also a great year for ATC - we exceeded the 1 billion yuan order mark for the first time. This kind of words do not come from itself - it was developed because of your hard work.

It also means that our customers trust us and that we have the right products to serve the Chinese and overseas markets.

Looking ahead to 2008, I believe we will see a continuation of strong growth – and I also believe that if we are a little lucky, we will be able to grow by 1 00 that year as well. There are so many opportunities waiting for us to be there – we just have to pick them up ourselves. In particular, the merger of ANDRITZ VATECH Hydropower (Beijing) into air traffic management will also bring more growth opportunities.

In addition, we are looking forward to big opportunities, Petal and K-Zone. We have been busy implementing large varieties of manufacturing technologies over the past few years. There are a lot of opportunities that will be added out of these technologies.

There are no experts in many fields, in the field of mechanical engineering, we can not hide in Foshan. Now we will have to work hard to improve our business processes - in order to also make those at a world-class level. 2008 will be the year of Lean 6signa in ATC.

Make sure you clearly define your strategy – goals – and actions that you want to follow up on, by 2 0 0 08 years ago, closely working with your team. It's just that if everyone knew in which direction, we wanted to guide our ship our employees would go in the right direction. Please use the time until CNNY defines and clarifies all goals and actions with your subordinates.

We will publish a brief overview of our company's goals for 2008 in the next two weeks.

2008 will be an Olympic year, not only for China – but also for all ANDRITZ entities in China. Let's try to reach multiple gold medals in your hands!