In 2013, your Board has delivered the robust, focused and responsive governance needed to lead the Group through the most complex trading conditions we have experienced.

In the Corporate Governance Report, which can be accessed below, we explain and illustrate how your Board has dealt with the most important business opportunities and challenges faced by the Group during the year.

Statement of compliance

Throughout the year ended 30 June 2013 the Company has, without exception, complied with the provisions set out in Section 1 of the UK Corporate Governance Code (the Code). Further information on the Code can be found on the Financial Reporting Council’s website,

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