First Quarter 2008.

These continue to be very exciting times for Rhino.

In probably the most important breakthrough for the business since the management buy-in of which I was a part in late 2006, we have successfully tendered for the role of Official Supplier of training equipment to the 2009 British & Irish Lions tour to South Africa. I know the whole Rhino team are looking forward hugely to being involved in this project. Additionally, we have very recently been appointed a Official Partner to the IRB Under-20 Rugby World Cup to be held in Wales in June this year - we will be supplying scrum machines, contact and training equipment and pitch kits to all 16 training bases for the tournament.

Further to that we also report in this newsletter that the SCRUMSMART project continues to move forward following the formal press launch at the end of January, we have appointed a new Sales Agent for France and Switzerland, renewed our Official Supplier deal with Bath Rugby for another two years and are working with various consultancies on our brand extension strategy and sales function.

Very importantly, the Rhino Pure Rugby brand continues to go from strength to strength, and we expect shortly to announce major kit deals with English Premiership and Magners League/Heinken Cup sides, in addition to a host of othe deals such as the Combined Services one reported here.

Thank you for your continued support and custom.

Martin Johnson,
Director.