To: Members of SmartLogik Action Group and all determined supporters
of shareholder rights and accountability.

Become the highest donor to the Action Fund!

An auction has been set up on eBay to enable people to bid against
each other to become the highest donor to the Action Fund of the
SmartLogik Action Group. The title of the auction is:

"Who will bid the most to support this good cause?
Fight for shareholder rights! www.slk-action-group.com"

The bidding starts at only $0.01 (£0.01), so please visit now and
start the bidding. The auction has just over 6 days to run. To go to
the auction now, visit the folllowing link:

http://slk-action-group.com

Then click on the eBay link in the top right hand corner of the page.

We need to start the fund raising again to support our shareholder
colleagues in the USA, who are expecting to consult a private attorney
and Counsel in the US.

If this eBay auction is popular, we can repeat it in subsequent weeks
to give others the chance to win. Hopefully, we will find some rich
benefactors out there who are prepared to bid high and support the
SmartLogik Action Group!

If you do not want to enter the eBay auction, you still can contribute
to the Action Group by visiting our 'Contributions' page at:

http://www.slk-action-group.com/html/contributions.html

Thank you and please continue to spread the word about the SmartLogik
Action Group - tell your friends, relations and colleagues. The more
visitors we get to the web site, the more likely we are to reach out
to other SmartLogik shareholders and people interested in supporting
this worthwhile campaign that is relevant to shareholders in general.
If they are allowed to get away with this SmartLogik fiasco, this
whole story could be repeated at other companies. Your other
shareholding, pension or job could be next!



Best regards,


Justin Jones
For SmartLogik Action Group

We are now concentrating on developing the action in the USA,
especially but not only in New York, where a number of shareholders
have been contacted. An official complaint about SmartLogik has been
submitted to the office of New York State Attorney General, Eliot
Spitzer. As you may know, Eliot Spitzer is that great champion of
shareholder rights, who has been fighting corruption on Wall Street
and in certain industries. The complaint has been acknowledged by his
office and we are now waiting to see if they will investigate on
behalf of New York State. They said, "When the actions complained
of appear to affect many investors or the public at large, the Bureau
may decide to investigate or take enforcement action. Any law
enforcement action we bring on behalf of the state will be directed at
stopping illegal activities and punishing wrongdoers."

In addition, the SmartLogik Action Group has decided to endorse Eliot
Spitzer in his campaign to become Governor of New York in November
2006. He is the greatest champion of shareholder rights we have and we
believe his actions show that he truly stands for integrity,
accountability and opportunity. Please would members of the Action
Group now visit our web site and click on the link to his campaign web
site, where you can `Join Eliot' to show your support for his
campaign. The more members that do this, the more likely he is to
notice the SmartLogik shareholders and, hopefully he will decide to
investigate our case for us.

Now go to: http://slk-action-group.com and follow the link on the Home
page.
Especially, if you have friends, relatives or colleagues in the
USA, please let them know about this and ask them to click through
from our web site to Eliot's campaign web site. We are trying to
generate some quality traffic going from the SmartLogik Action Group
web site to Eliot's site. The more people who click through from
our site to his, the more likely he is to notice us because the name
of our web site will be recorded in the statistical summaries of
visitors to his site. His team will probably notice this activity
coming from the SmartLogik Action Group and will hopefully inform
Eliot of this.
It is free and takes only a little of your time. If you do decide to
`Join Eliot' at his web site, please mention the SmartLogik
Action Group when you join.

Please support the SmartLogik Action Group by supporting Eliot Spitzer
in his campaign to become Governor of New York!

Visit: http://slk-action-group.com and click through now!

In addition to our complaint to NYS Attorney Generals' Office, a
meeting was held with some shareholders in New York who have agreed to
now make contact with a private attorney to obtain further advice on
how to pursue the action under US law. One of these shareholders is a
member of a syndicate that invested at the time of MAID and held
around a million shares. He has agreed to support the action and will
contribute. Another shareholder has agreed to act as a contact point
for the US shareholders, to help in canvassing further support and
coordinating them.


Best regards,



Justin Jones
For SmartLogik Action Group

To: Members of SmartLogik Action Group

Some recent contract wins by APR SmartLogik are highlighted in this
announcement.

Agreement enables APR Smartlogik to integrate speed-trap's search
intelligence product with its e-Government solution Semaphore, to
create Semaphore Pulse™

Newbury, Berkshire, 5th May 2005 – speed-trap Limited, the e-business
intelligence company has announced today that it has agreed a OEM
technology agreement with Cambridge based APR Smartlogik, the leading
supplier of taxonomy-based solutions for the e-Government sector.

For more details on this latest application of SmartLogik technology see:

http://slk-action-group.com/blog/archives/05-01-2005_05-31-2005.html#389

So we see that the technology financed by the shareholders of
SmartLogik Group plc is clearly being used to great advantage in the
e-Government and Public Sectors in the UK.

Also, see the following links that highlight recent new contracts at
the local authority responsible for the City of London (the
Corporation of London) and, also at Worthing Borough Council:

http://slk-action-group.com/blog/archives/01-01-2005_01-31-2005.html#316

http://slk-action-group.com/blog/archives/04-01-2005_04-30-2005.html#368

----- Forwarded message from toby.keynes2@... -----
     Date: Wed, 18 May 2005 13:25:05 +0100
     From: Toby Keynes <toby.keynes2@...>
Reply-To: toby.keynes2@...
  Subject: UKSA: South-East Region Meeting, Wednesday 25 May
       To: membership@...

Dear member

Please could you note that next week's meeting is on Wednesday 25th
May, NOT 27th May as stated in the mailing that we posted out last month.

Philip Reubens, partner with solicitors Finers, Stephens Innocent,
will be speaking about how the FSA can help shareholders to get a fair
deal.

As usual, the meeting is at Friends House, 173-177 Euston Road (south
side, opposite Euston station), London, and there is a door charge of £2.

Tea, coffee and biscuits will be served from 6.30pm and the talk will
begin at around 7.15pm.

We look forward to seeing you there.



Toby Keynes, National Secretary

UK Shareholders' Association

BM UKSA

London WC1N 3XX



Tel. (general): 0870 70 60 600

Tel. (membership enquiries): 020-8249 5923

Email: membership@...

Website: www.uksa.org.uk

Reply from another member of the SmartLogik Action Group:

My name is ....., I have been on the action groups list since it
started. Myself and my partner had 60,000 (about £22,000 worth)shares in
Smartlogik and after the last blow that under the freedom of information
act now one will give us any information, I believe giving Panorama a
ring cant do us any harm.

I don't know if that's Justin at the other end, I hope it is, anyway,
why don't we see if the BBC's Panorama programme would be interested in
investigating this complete farce by nothing other than white collar
criminals.

Check them out
http://news.bbc.co.uk/1/hi/programmes/panorama/default.stm



What do you think?



--- In smartlogikaction@..., "SmartLogik Action Group"
<slkyahoo@s...> wrote:
>
>
> To: SmartLogik Action Group.
>
> In early March, the SmartLogik Action Group made an official request
> for information under the "right to know" Freedom of Information Act -
> see the post of 5th March 2005 on the News Weblog:
>
> http://slk-action-group.com/blog/archives/03-01-2005_03-31-2005.html#332
>
> This request was made to the UK Listing Authority, which is part of
> the Financial Services Authority (FSA) in the UK. They are the public
> body that authorised the waiver to the directors of SmartLogik Group
> plc that enabled them to sell the core assets without firstly asking
> for shareholder approval and, to avoid the publication of audited
> accounts for 2001.
>
> Unfortunately, we have now received their response and they are
> refusing to provide any information. This is because they deem it to
> be against the public interest. So much for Freedom of Information and
> the "right to know"! What about the interests of the thousands of
> shareholders and their families who were directly affected by the
> events at SmartLogik and have still had no accountability? It is no
> wonder that our trust in the stock market and the regulators is so
> low. It also is not surprising that the stock market continues to
> under-perform and we have a serious pensions crisis.

Reply from a member of the SmartLogik Action Group:

So is that it, or can we appeal to the Information Commissioner and
Tribunal. This is absolute cobblers, there must be something that can
be done, what about putting this saga to contacting documentary
makers, their researchers can usually get to the bottom of anything.
Maybe the team at panarma would be interested, they are always
looking for new things to investigate, check them out at

http://news.bbc.co.uk/1/hi/programmes/panorama/default.stm

Anyone else think this might be worth doing?



--- In smartlogikaction@..., "SmartLogik Action Group"
<slkyahoo@s...> wrote:
>
>
> To: SmartLogik Action Group.
>
> In early March, the SmartLogik Action Group made an official request
> for information under the "right to know" Freedom of Information Act -
> see the post of 5th March 2005 on the News Weblog:
>
> http://slk-action-group.com/blog/archives/03-01-2005_03-31-2005.html#332
>
> This request was made to the UK Listing Authority, which is part of
> the Financial Services Authority (FSA) in the UK. They are the public
> body that authorised the waiver to the directors of SmartLogik Group
> plc that enabled them to sell the core assets without firstly asking
> for shareholder approval and, to avoid the publication of audited
> accounts for 2001.
>
> Unfortunately, we have now received their response and they are
> refusing to provide any information. This is because they deem it to
> be against the public interest. So much for Freedom of Information and
> the "right to know"! What about the interests of the thousands of
> shareholders and their families who were directly affected by the
> events at SmartLogik and have still had no accountability? It is no
> wonder that our trust in the stock market and the regulators is so
> low. It also is not surprising that the stock market continues to
> under-perform and we have a serious pensions crisis.

To: SmartLogik Action Group.

In early March, the SmartLogik Action Group made an official request
for information under the "right to know" Freedom of Information Act -
see the post of 5th March 2005 on the News Weblog:

http://slk-action-group.com/blog/archives/03-01-2005_03-31-2005.html#332

This request was made to the UK Listing Authority, which is part of
the Financial Services Authority (FSA) in the UK. They are the public
body that authorised the waiver to the directors of SmartLogik Group
plc that enabled them to sell the core assets without firstly asking
for shareholder approval and, to avoid the publication of audited
accounts for 2001.

Unfortunately, we have now received their response and they are
refusing to provide any information. This is because they deem it to
be against the public interest. So much for Freedom of Information and
the "right to know"! What about the interests of the thousands of
shareholders and their families who were directly affected by the
events at SmartLogik and have still had no accountability? It is no
wonder that our trust in the stock market and the regulators is so
low. It also is not surprising that the stock market continues to
under-perform and we have a serious pensions crisis.

To: SmartLogik Action Group

Please see the following link on the APR Smartlogik web site that
refers to the SmartLogik Action Group. They provide their
interpretation of the events pertaining to the sale of the SmartLogik
core assets. It makes interesting reading and shows that our campaign
for shareholder rights is certainly being noticed.

http://www.aprsmartlogik.com/solutions/government/events_detail6.php

Also, please see the recent articles posted on our News Weblog that
provide further interesting reading:

A recent business win by APR Smartlogik:

http://slk-action-group.com/blog/archives/04-01-2005_04-30-2005.html#368

Comments by the SmartLogik Action Group on the pending government
investigation of the Rover, Longbridge accounts:

http://slk-action-group.com/blog/archives/04-01-2005_04-30-2005.html#369

Update on the fight by three British bankers to avoid extradition to
the USA over their alleged involvement in the Enron scandal:

http://slk-action-group.com/blog/archives/04-01-2005_04-30-2005.html#371

The cost of 'white-collar' crime is estimated by the FBI to be $300
billion annually in the USA alone. That would certainly pay for more
than just a few hospitals!

http://slk-action-group.com/blog/archives/04-01-2005_04-30-2005.html#372

To: SmartLogik Action Group

Please see the following link on the APR Smartlogik web site that
refers to the SmartLogik Action Group. They provide their
interpretation of the events pertaining to the sale of the SmartLogik
core assets. It makes interesting reading and shows that our campaign
for shareholder rights is certainly being noticed.

http://www.aprsmartlogik.com/solutions/government/events_detail6.php

Also, please see the recent articles posted on our News Weblog that
provide further interesting reading:

A recent business win by APR Smartlogik:

http://slk-action-group.com/blog/archives/04-01-20
05_04-30-2005.html#368

Comments by the SmartLogik Action Group on the pending government
investigation of the Rover, Longbridge accounts:

http://slk-action-group.com/blog/archives/04-01-20
05_04-30-2005.html#369

Update on the fight by three British bankers to avoid extradition to
the USA over their alleged involvement in the Enron scandal:

http://slk-action-group.com/blog/archives/04-01-20
05_04-30-2005.html#371

The cost of 'white-collar' crime is estimated by the FBI to be $300
billion annually in the USA alone. That would certainly pay for more
than just a few hospitals!

http://slk-action-group.com/blog/archives/04-01-20
05_04-30-2005.html#372

Interesting article showing that the NY Attorney General can reach
over to Europe as well.

http://slk-action-group.com/blog/archives/04-01-2005_04-30-2005.html#367

--- In smartlogikaction@..., "SmartLogik Action Group"
<slkyahoo@s...> wrote:

I'm a former employee of BrightStation who lost their job when things
went wrong at SmartLogik. I'm therefore very interested in what
happens here.

To: SmartLogik Action Group

We are pleased to announce that SmartLogik shareholders in the USA
are now starting to take action themselves (SmartLogik was fully
listed on the NASDAQ Stock Exchange in New York).

There are hundreds of SmartLogik shareholders in the USA who have
been directly affected by the scandalous events at this company that
was based in the UK. This week an official complaint about
SmartLogik was submitted to the office of Eliot Spitzer, New York
Attorney General (http://www.oag.state.ny.us/). The US and UK
shareholders are now awaiting a response from that office and will
be following up as soon as possible.

In the UK, we are continuing our action where we have been advised
by Counsel, Michael Lazarus QC
(http://www.3vb.com/pgs-members/m_mlazarus.shtml), to focus on the
valuation of the core assets that were sold to APR without
shareholder approval. All the information is indicating strongly
that the core assets were sold at a tremendous undervalue and that
APR received an extremely beneficial deal at the expense of the
thousands of shareholders. We are now trying to prove that the
assets were worth significantly more than the £1.75 million they
were sold for. The difference represents the damage to shareholders.

However, in addition to this, we still do not know what happened to
the £12 million raised at the launch of SmartLogik or the £7
million revenue, because the audited accounts were never published.
As a result, there has been a complete lack of accountability to the
shareholders who collectively owned the company. It is a great
shame, but shareholders in the UK appear to have very little rights
and directors seem to be able to act with impunity.

Under US Law, where the consumer and shareholder rights are much
stronger, events such as these simply would not be allowed to
happen. It is a very hopeful sign that the US shareholders are now
starting to act, especially since it is being done through the
office of that great champion of shareholder rights, Eliot Spitzer.

----- Forwarded message from Toby Keynes
<toby.keynes2@...> -----
     Date: Fri, 1 Apr 2005 13:37:41 +0100
     From: Toby Keynes <toby.keynes2@...>
Reply-To: toby.keynes2@...
  Subject: UKSA Network: Company Law Review working party
       To: membership@...

[Responses to this email should be addressed to David Blundell or
Roger
Lawson (contact details below) - not to the sender]





Dear member



YOUR ASSOCIATION NEEDS YOU!



By June 10th, UKSA needs to respond to the government's White Paper
on
Company Law, published recently.



Are you willing to read this, identify issues of interest to UKSA
and then
join a working party to define UKSA's response?



It is extremely important that UKSA gives a professional and well-
reasoned
response to this document, which will affect shareholders in many
ways.



To discuss this, please contact David Blundell (01937 57232760, email
dwwb@...) or Roger Lawson (020-8467 2686, email
uksa@...).



Please help if you can.



Roger Lawson

PO Box 62

Chislehurst, Kent

BR7 5YB




----- End forwarded message -----

----- Forwarded message from Toby Keynes
<toby.keynes2@...> -----
     Date: Fri, 1 Apr 2005 12:33:08 +0100
     From: Toby Keynes <toby.keynes2@...>
Reply-To: toby.keynes2@...
  Subject: UKSA: Monthly event schedule
       To: membership@...

Dear member



I attach this month's event schedule.



As last month, I'm attaching a formatted document for those who
prefer to print their schedule, and a more basic version is below,
for those who prefer to view their schedule on screen or have
problems with the document layout.





Toby Keynes, National Secretary

UK Shareholders' Association

BM UKSA

London WC1N 3XX



Tel. (general): 0870 70 60 600

Tel. (membership enquiries): 020-8249 5923

Email: membership@...

Website: www.uksa.org.uk





Last updated: 31 March 2005





	 Text Box: UKSA





Regional events are generally open to members from all regions, but
many are subject to availability and require booking in advance.



Company visits and analyst-style meetings are usually limited to a
small number of members, and should be booked early.  Please note
that events are subject to postponement, usually at the request of
companies to meet regulatory requirements, so please watch out for
changes to these schedules.











NATIONAL



These events are generally held at the companies' offices; places
are subject to availability, and must be booked in advance.  For more
information (except where stated otherwise), please contact Alan
Perryman (alan@...,  tel. 01932 858408 only during
office hours).





April 5th; North London; 11am

Smiths Group: analyst-style presentation by Alan Thomson, Financial
Director and Russell Plumley, Director of Investor Relations,
followed by a buffet lunch.



April 13th; Central London; 11am

REXAM plc: analyst-style presentation by Graham Chipchase, Group
Finance Director.



April 23rd; Central London; 2pm

National Annual General Meeting.



September 21st; West London; 11am

Great Universal Stores: analyst-style company visit.








SOUTH-WEST AND SOUTH WALES



These events are generally open to members from all regions, and
their guests, subject to availability.

All events must be booked in advance.



Didmarton events are held at The King's Head, Didmarton, near
Badminton, and cost £20, including including tea/coffee and lunch;
to book, contact
Peter Edwards (01225 311926 or peter@...).



For company visits, unless otherwise indicated, the cost is £5 per
visit and bookings can be made by contacting Bryan Wilson (01934
876940 or bwjg.wilson@...).



April 18th; Hardy's Restaurant, Dorchester

Informal investors' lunch for members & guests; £5



April 19th; Wellington; 10.15am for 10.30am

Swallowfields plc: analyst-style company visit.



April 25th; Didmarton; 10.15am for 10.30am

Presentation by M A Bruce-Smith of Londinium Management Services Ltd
and London Trust & Fiduciary Company Ltd.

Lunch

Talk by Hubert Beaumont: "Economics and a balanced international
portfolio".



May 19th; Clevedon

Hydro International: analyst-style company visit.



June 9th ; Cardiff

Peacock: analyst-style company visit.



September 26th: Porton Down

GW Pharmaceuticals: analyst-style company visit.



October 6th; Didmarton

Spirax Sparco: company update by David Meredith;

Lunch

Presentation by Mark Jenner of PPML: "Managing your money and tax
to advantage"



October 20th; Gloucester

Blooms of Bressingham: analyst-style company visit



November 2nd; Didmarton

Presentation by James Carthew, Managing Director of Progressive
European
Markets Ltd: "Activist investing – unlocking value"

Lunch

Presentation by Mike Miles, on charting and technical analysis.





LONDON & SE

These events are generally open to UKSA members from all regions.

Unless otherwise indicated, meetings are in Friends House, 173-177
Euston Road (south side, opposite Euston station), London, and there
is a door charge of £1.50.

For more information, please contact Gavin Palmer, tel. 020 8654 2712
(mobile 07811 225524), or Audrey Banker, tel. 01707 643366.



April 27th; Euston, London; 6.30 for 7.15pm

Henderson Global Investors: a talk by James Henderson, of Henderson
Global Investors.



NORTH-EAST



These events are generally open to UKSA members from all regions.

All events must be booked in advance, and places are subject to
availability.

Knaresborough events are at the Age Concern Offices, Knaresborough.

For more information, please contact John Hillman on 01302 538469 or
john@...



April 14th; Stoke on Trent; 11.30am

Portmeirion plc: analyst-style company visit, factory and gift shop
tour of the designer and manufacturer of ceramics and kitchenware.



April 30th, Marriott Hotel, Boar Lane, Leeds; 10.30am

Members' meeting, with discussion on topics of general interest.



May 11th; Royal York Hotel, York; 12.30pm

Members' lunch.






NORTH-WEST & NORTH WALES



This region draws its membership from all over the North-West and
arranges events at venues which can be attended easily using the
extensive motorway network from Manchester, Liverpool, Chester,
Crewe. Stoke, Preston, Blackburn and Burnley.



These events are open to members from all regions, and their guests,
unless otherwise indicated.



For more details, please contact June Mabon (north-
west@...), tel. 0161 928 3437.



April 21st; Northwick, Cheshire; 2.30pm

Holiday Break: company visit.  Pre-booking essential.



May 19th; Warrington; midday

Talk by Charles Breese and "Muskrat Portfolio" writer Bill
Johnson on the investment philosophy behind the portfolio's
success.



June 9th; St Helens, Lancs; 10.30am

Pilkington Glass: company visit to the glass works, including lunch.
Pre-booking essential.



September 15th; Warrington; midday

Talk by a speaker of nationwide renown: "Consider Antiques as an
Investment"











----- End forwarded message -----

To: Members of SmartLogik Action Group

Using the new legislation under the Freedom of Information Act, a
request has been made today to the UK Listing Authority (part of the
Financial Services Authority, http://www.fsa.gov.uk) for information
regarding the circumstances of the waiver. This was the waiver that
enabled the board of SmartLogik to avoid the normal procedure of
calling an EGM for Class One Disposal of Assets and also to avoid
the filing of financial accounts for the year 2001.

In particular, we are requesting information on the valuation of the
assets that were sold without shareholder approval, because they
were clearly sold at a significant undervalue to their true worth
and this makes up a sigificant element of the damage to shareholders.

We look forward to hearing from them promptly, as required by the
legislation, and in any case within 20 working days.

Please also visit our website:

http://slk-action-group.com

This now reflects the fact that the SmartLogik Action Group is
affiliated to the UK Shareholders' Association, which gives our
cause further official recognition.

Dear Member of SmartLogik Action Group,

If you read our regular e-mails on our internal (non-public) mailing
list, you will no doubt be aware that the SmartLogik Action Group is
now an affiliate of the UK Shareholders' Association. Accordingly, we
are now circulating their correspondence to our members, please see
below.

We hope you find this of interest and please feel free to take
advantage of the free investors' seminar - an invitation to UKSA
Members from Investors Chronicle and London Stock Exchange.

Regards,


Justin Jones
For SmartLogik Action Group

-----Original Message-----
From: Toby Keynes
Sent: 21 January 2005 19:29
To: membership@...
Subject: UKSA: forthcoming investor seminars

Dear member



You may be interested in the following free investors' seminars
being
run by the Investors Chronicle and London Stock Exchange very shortly.



We're circulating this invitation to our members, and in return
we're
offered the opportunity to promote UKSA to non-members at these
events.



Naturally, we'll be interested in feedback on this sort of mutual
promotional activity, which is almost cost-free for UKSA.



Toby Keynes

UKSA National Secretary

BM UKSA

London WC1N 3XX



Tel. (general): 0870 70 60 600

Tel. (membership): 020 8249 5923

Email: membership@...



****************************************************************

An invitation to UKSA Members from Investors Chronicle and London
Stock Exchange


Investors Chronicle invites UK Shareholders Association members

to a FREE Masterclass Seminar on Trading Strategies & Techniques

in association with the London Stock Exchange.

The Seminar will be held in both London and Manchester, dates as
follows:

Tuesday 1st February 2005

                 6 pm - 8 pm


Venue - The London Stock Exchange
10 Paternoster Square, London EC4M 7LSand


Thursday 10th March 2005
                   2 pm - 4 pm
        or
                  6 pm - 8pm

Venue - Manchester Art Gallery, Mosley Street, Manchester M2 3JL

                 the nearest Metro Tram station is St Peter's
Square.


This Masterclass Seminar will follow the same successful format as
previous seminars

held in 2004. It will examine a number of productive trading
strategies identified by the
Investors Chronicle which are suitable for all private investors who
want to make

their own investment decisions.

Topics will include:


- How to maximise investment returns from expected market newsflow in
coming months
- How to spot short-term plays in the FTSE 350 index
- How to trade for unlimited upside - but limited downside, using
covered warrants
- How to trade warrants through UK brokers

There will be presentations from two of the UK's leading investment
speakers on the above topics.

Simon Thompson companies editor for Investors Chronicle and
creator of the Bargain Portfolio, which returned 146% in 2003.

Andrew McHattie author of best-selling book, 'The Investor's Guide to
Warrants'

and new book 'Andrew McHattie on Covered Warrants'. Complimentary
copies

will be available for all delegates.

A panel session at the end giving you the opportunity to ask questions
and meet the

speakers and five UK covered warrants issuers.

For full details of the seminar programme and more information visit

www.investorschronicle.co.uk/mc4 or telephone 020 7382 8216

To Register Free visit www.investorschronicle.co.uk/mc4
or telephone 020 7382 8216 . Pre- registration is required.

Masterclass Seminar Sponsors: London Stock Exchange;

Dresdner Kleinwort Wasserstein, Goldman Sachs, JP Morgan, SG, UBM.



Special Investors Chronicle Subscription Offer

In association with Investors Chronicle, the FT's market leading
publication for private investors, the UK Shareholders Association
would like to draw members attention to the opportunity to take
advantage of a special introductory subscription offer to receive 4
trial issues of the magazine and access to the website with no
obligation. Your subscription will continue after this free trial
period and you will receive a further 13 more issues for just £2.36
per issue. But if you wish to cancel your subscription during the
trial period your money will be refunded in full. Simply take out a
quarterly direct debit for only £30.80!

At present, investing in the stock market is as much about timing and
anticipating future trends as it is about using the right type of
investment. With the volatility of the FTSE 100 rising, there are now
more opportunities - but also more risks. So it pays to keep up - and
ahead - of the trends. By reading Investors Chronicle every week
you'll benefit from the wealth of knowledge of journalists who will
provide you with helpful tips, independent analysis and practical
advice for all your investment decisions.

Key benefits of an IC subscription – the Magazine and the Website

The Magazine – sent to you by post each week

· Unrivalled reputation within UK - heritage of proving
independent,
authoritative & informed analysis

     for private investors
· 70% share of the weekly investment magazines market
· Readership represents some of the most successful investors in
the
UK with a total net worth of £63 billion
· Over 85% of which believe that the Investors Chronicle is
essential
reading for private investors
· Proven success rate in providing financial tips & analytical
data.
In 2003 our Bargain Share Tips grew

     by 146% out performing the FTSE All-share by over 117%

The Website - 720% increase in page traffic since the re-launched of
the website
The UK stock market is now up 30% from its March 2003 low and as a
consequence, the Website www.investorschronicle.co.uk has been
redesigned with extra daily content. This enables the

subscriber to gain yet more information and expert analysis to help
them to grow and protect their investments.



· Share news & IC tips by email
· Simple on-line tools to help you forecast share price moves
· Daily updates on market activity & company news
· Searchable archive of fundamental company data
· Master classes on investment tools & techniques
· Personal Watch-list – which enables you to keep track of the
companies, and sectors you're interested in
· Weekly updates on IC portfolios (e.g. Bearbull's)

If you are interested in taking advantage of this introductory offer
please

email zhenya.winter@... or call 020 7382 8216

Interesting article from Forbes:

http://slk-action-group.com/blog/blog.html

Happy New Year everyone.

In order to increase the advertising of the Action Group, we have
recently joined a number of banner exchange progammes. This is to
further our aim of reaching out to the thousands of shareholders in
nominee accounts, who still are unaware of this action. These people
may want to join us, but are unable to do so because their nominees
probably have not passed on our letters informing them about the
Action Group. We need to increase the membership of the Action Group,
because we need to increase the funds available for carrying out the
action.

You can help the SmartLogik Action Group right now to increase the
advertising of our own banners on other websites by visiting the News
Weblog at:

http://www.slk-action-group.com/blog/blog.html

We need you to actively and regularly visit the News Weblog and click
on the adverts - you never know, you might find something of interest!
Banner adds are seen at the top and bottom of the pages and, we have
adds from Google AdSense also listed. The more people that click on
and visit the ads, the more credits are awarded to the Action Group.
This increases the frequency that our own banners are shown on other
websites, thus helping to promote the Action Group to thousands of
people around the Internet.

Please visit the News Weblog and start boosting our traffic,
membership and funds!

Seasons greetings to all shareholders and members of the SmartLogik
Action Group!

Let's hope for some substantial progress in 2005. We have received
further information confirming that shareholders of SmartLogik Group
PLC have been misled and this will be added to the Brief going to
nominated lawyers in the New Year.

By supporting each other, we will win this fight for justice. Please
continue to reach out to the thousands of shareholders in nominee
accounts, who are still unaware of our action initiative. Contact your
M.P., start your blog today or, do whatever you can to spread the
word.

Good luck!

The Action Group has just joined the new, free MSN Spaces Blogging
service (see Links in left-hand menu on this Yahoo! Group page).

http://spaces.msn.com/members/smartlogikaction/

To Join:
http://spaces.msn.com/

Blogging is really taking off in a big way. Now that Microsoft is
supporting blogging with their free and easy to set up MSN Spaces, it
is set to explode. Google already offer a free blogging service (see
Links in left-hand menu on this Yahoo! Group page).

http://www.blogger.com/start

You might want to take a look at this for a comparison of features and
ease of use. Will everybody eventually have their own personal blog in
blogosphere?

Please support us by setting up your own blog and linking to us. That
way your friends who visit your blog will find out about us - you
never know, one of your friends might be a SmartLogik shareholder and
want to know about us!

This is a great way for all the members of the Action Group to do
their bit and reach out to the thousands of shareholders in nominee
accounts, who are still unaware of this campaign. We need to increase
our membership and funding, so this actually benefits all of us. We
have strength in numbers. The MSN Spaces blogging service doesn't cost
anything and you will be able to find out about blogging at the same
time. Please get your friends to join MSN Spaces or Google Blogger and
ask them to link to your blog. That will send more traffic to you and
then on to us.

When you link to us from your blog, please use our News Weblog
address:

http://slk-action-group.com/blog/blog.html

Let us know when you have linked to us and then we will link back to
your new blog, further boosting your traffic. This will build up our
network in cyberspace, helping to publicise the Action Group and
increase our membership.

What is blogging?

Google describe a blog as your easy-to-use web site, where you can
quickly post thoughts, interact with people, and more. All for FREE.
Blogging is the actual process of posting things to your blog, linking
to other blogs, promoting your views and ideas, communicating and
reading other peoples blogs.

It's a whole new world and there are millions of blogs already in
existence covering virtually every subject. A lot are simply personal
blogs with people talking about their daily activities. It can be
about anything you want really. With Microsoft now entering the arena,
the numbers of blogs are set to explode.

Have fun, join this bandwagon and lets get promoting our Action Group.

Hello everyone, I joined the action group early this year, I am a
smartlogic shareholder, actually bought my shares back in Dialog days.
Just want to say keep up the good work, we all deserve a break after
the way we were treated by the smartlogic board. Very fishy things
went on there. It took them just 9 months to run the company into the
ground. I must say I don't really think that corporate governance is
very sexy at all!!! But I support every effort to improve it if it
stops these things happening again.

Best wishes

Anne


--- In smartlogikaction@..., "jamie2004jdf"
<jamie2004jdf@y...> wrote:
>
>
> I've just joined this Yahoo group. I'm a SLK shareholder and want to
> say thanx for setting this thing up for the shareholders. I have
> complained to my M.P. and I think that some action is finally
> happening at government level. I have also made a financial
> contribution to the action group and will contribute more, if
required.
>
> I realise that this Yahoo! group is new, but I hope that more
members
> will speak out about this injustice that has affected all of us. We
> all need to make our voices heard, there is too much apathy and as a
> nation, we tend to be a bit timid about these sort of things. We
need
> to be a lot more passionate and expressive.
>
> Is corp governance sexy? It's an interesting question and that
> reference makes interesting reading. I would say that anything to
> improve corp gov is a good thing and good corp gov is a lot sexier
> than bad corp gov. Its embarassing to see British businesses trying
to
> avoid the tighter controls now in the USA. They blaim the extra cost
> of regulation, but is that just an excuse because they know they are
> not currently meeting these sexier levels of corp gov and don't want
> to risk going to jail? If they comply with the sexier higher
standards
> of corp gov that US businesses now have to meet, then they have
> nothing to worry about.
>
> Cheers for now.
>
> --- In smartlogikaction@..., "SmartLogik Action Group"
> <slkyahoo@s...> wrote:
> >
> >
> > Just carried out a Google search on "Is Corporate Governance
sexy?"
> > and found an interesting commentary from the Corporate Governance
web
> > site, www.corpgov.net:
> >
> > Corporate Ethics and Accountability:
> > www.corpgov.net/forums/commentary/entine1.html
> > (you can link to this from our News Weblog, see Links at menu on
left)
> >
> > He says:
> > "I was attending a conference on social investing in Boston this
> > spring when a spirited debate erupted over lunch. It was about
what
> > constitutes a socially responsible business, not a topic expected
to
> > get ones blood boiling. But this day, the discourse was
particularly
> > fierce, probably because the sub-text of the debate was about
> > integrity, and that's always a hot topic."
> >
> >
> > As we have seen this week, UK business has been threatening to
de-list
> > from US stock exchanges to avoid the extra costs of complying
with the
> > US Sarbanes-Oxley Act. However, it looks like they will find it
quite
> > difficult to riggle out of it after all - see the article posted
on
> > the Action Group News Weblog on 4th December 2004 - "SEC Blocks
Sarbox
> > escape from US":
> >
> > www.slk-action-group.com/blog/blog.html (see Links on left-hand
menu)
> >
> >
> > So, is Corporate Governance sexy? It certainly was not sexy for
the
> > thousands of Enron employees who lost their jobs and the massive
> > destruction of wealth that took place, ruining many peoples
lives. We
> > still are experiencing the after-shocks of that and all the other
> > corporate scandals that have taken place in recent years. No, that
> > wasn't sexy at all. Neither was it sexy when a new board of
directors
> > and their advisors disenfranchised tens of thousands of SmartLogik
> > shareholders and wiped out their investments. But, is the
practice of
> > good, safe Corporate Governance sexy? Let us know what you think
by
> > posting your comments at our new Yahoo! Group.

I've just joined this Yahoo group. I'm a SLK shareholder and want to
say thanx for setting this thing up for the shareholders. I have
complained to my M.P. and I think that some action is finally
happening at government level. I have also made a financial
contribution to the action group and will contribute more, if required.

I realise that this Yahoo! group is new, but I hope that more members
will speak out about this injustice that has affected all of us. We
all need to make our voices heard, there is too much apathy and as a
nation, we tend to be a bit timid about these sort of things. We need
to be a lot more passionate and expressive.

Is corp governance sexy? It's an interesting question and that
reference makes interesting reading. I would say that anything to
improve corp gov is a good thing and good corp gov is a lot sexier
than bad corp gov. Its embarassing to see British businesses trying to
avoid the tighter controls now in the USA. They blaim the extra cost
of regulation, but is that just an excuse because they know they are
not currently meeting these sexier levels of corp gov and don't want
to risk going to jail? If they comply with the sexier higher standards
of corp gov that US businesses now have to meet, then they have
nothing to worry about.

Cheers for now.

--- In smartlogikaction@..., "SmartLogik Action Group"
<slkyahoo@s...> wrote:
>
>
> Just carried out a Google search on "Is Corporate Governance sexy?"
> and found an interesting commentary from the Corporate Governance web
> site, www.corpgov.net:
>
> Corporate Ethics and Accountability:
> www.corpgov.net/forums/commentary/entine1.html
> (you can link to this from our News Weblog, see Links at menu on left)
>
> He says:
> "I was attending a conference on social investing in Boston this
> spring when a spirited debate erupted over lunch. It was about what
> constitutes a socially responsible business, not a topic expected to
> get ones blood boiling. But this day, the discourse was particularly
> fierce, probably because the sub-text of the debate was about
> integrity, and that's always a hot topic."
>
>
> As we have seen this week, UK business has been threatening to de-list
> from US stock exchanges to avoid the extra costs of complying with the
> US Sarbanes-Oxley Act. However, it looks like they will find it quite
> difficult to riggle out of it after all - see the article posted on
> the Action Group News Weblog on 4th December 2004 - "SEC Blocks Sarbox
> escape from US":
>
> www.slk-action-group.com/blog/blog.html (see Links on left-hand menu)
>
>
> So, is Corporate Governance sexy? It certainly was not sexy for the
> thousands of Enron employees who lost their jobs and the massive
> destruction of wealth that took place, ruining many peoples lives. We
> still are experiencing the after-shocks of that and all the other
> corporate scandals that have taken place in recent years. No, that
> wasn't sexy at all. Neither was it sexy when a new board of directors
> and their advisors disenfranchised tens of thousands of SmartLogik
> shareholders and wiped out their investments. But, is the practice of
> good, safe Corporate Governance sexy? Let us know what you think by
> posting your comments at our new Yahoo! Group.

Just carried out a Google search on "Is Corporate Governance sexy?"
and found an interesting commentary from the Corporate Governance web
site, www.corpgov.net:

Corporate Ethics and Accountability:
www.corpgov.net/forums/commentary/entine1.html
(you can link to this from our News Weblog, see Links at menu on left)

He says:
"I was attending a conference on social investing in Boston this
spring when a spirited debate erupted over lunch. It was about what
constitutes a socially responsible business, not a topic expected to
get ones blood boiling. But this day, the discourse was particularly
fierce, probably because the sub-text of the debate was about
integrity, and that's always a hot topic."


As we have seen this week, UK business has been threatening to de-list
from US stock exchanges to avoid the extra costs of complying with the
US Sarbanes-Oxley Act. However, it looks like they will find it quite
difficult to riggle out of it after all - see the article posted on
the Action Group News Weblog on 4th December 2004 - "SEC Blocks Sarbox
escape from US":

www.slk-action-group.com/blog/blog.html (see Links on left-hand menu)


So, is Corporate Governance sexy? It certainly was not sexy for the
thousands of Enron employees who lost their jobs and the massive
destruction of wealth that took place, ruining many peoples lives. We
still are experiencing the after-shocks of that and all the other
corporate scandals that have taken place in recent years. No, that
wasn't sexy at all. Neither was it sexy when a new board of directors
and their advisors disenfranchised tens of thousands of SmartLogik
shareholders and wiped out their investments. But, is the practice of
good, safe Corporate Governance sexy? Let us know what you think by
posting your comments at our new Yahoo! Group.

Vic,

Thanks for that. If anyone else has any comments, please let us know.

Regards,

Justin

--- In smartlogikaction@..., Victor Arcari <vic841@y...>
wrote:
>
> My name is Vic Arcari in Glasgow.
>
> I have shares in Smart Logic and have joined and subscribed to the
Action Group.
>
> I think the discussion group is a logical progression which will
prove useful in the
> coming years. I have already described the difficulty I am having in
obtaining a Share
> Certificate for a Canadian company called Turbot Genset, from a
Glasgow Stockbroker
> called Direct Sharedeal who had put my wife's shares in a nominee
account without telling
> her she  could have a Certificate if she wished and then tried to
charge £25 a year for
> the privelege(?). More on that to anyone interested. Justin Jones of
the Action Group
> sent me some very helpful info as a result.
>
> Another thing I have had in mind for some time now is in relation to
Trust Funds.  I have
> two different ones, one an Investment Trust  OEIC, and their
performance over the  years
> has been abysmal. Bearing in mind some of the very questionable
activities of various
> Companies and Financial people that have come to light over the past
years and occasions
> like the instance of Merrill Lynch  denigrating some of their own
previous
> recommendations I wonder how closely these funds are scrutinized by
the FSA. What is to
> stop any of them for instance trasferring the best performing shares
from their funds to
> private investments, leaving the funds with the junk. If it can
happen you can bet your
> life it does. Worthy of investigation at some time ??
>
> Regards & best wishes to all.  Vic.
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
> ___________________________________________________________
> ALL-NEW Yahoo! Messenger - all new features - even more fun!
http://uk.messenger.yahoo.com

My name is Vic Arcari in Glasgow.

I have shares in Smart Logic and have joined and subscribed to the Action Group.

I think the discussion group is a logical progression which will prove useful in
the
coming years. I have already described the difficulty I am having in obtaining a
Share
Certificate for a Canadian company called Turbot Genset, from a Glasgow
Stockbroker
called Direct Sharedeal who had put my wife's shares in a nominee account
without telling
her she  could have a Certificate if she wished and then tried to charge £25 a
year for
the privelege(?). More on that to anyone interested. Justin Jones of the Action
Group
sent me some very helpful info as a result.

Another thing I have had in mind for some time now is in relation to Trust
Funds.  I have
two different ones, one an Investment Trust  OEIC, and their performance over
the  years
has been abysmal. Bearing in mind some of the very questionable activities of
various
Companies and Financial people that have come to light over the past years and
occasions
like the instance of Merrill Lynch  denigrating some of their own  previous
recommendations I wonder how closely these funds are scrutinized by the FSA.
What is to
stop any of them for instance trasferring the best performing shares from their
funds to
private investments, leaving the funds with the junk. If it can happen you can
bet your
life it does. Worthy of investigation at some time ??

Regards & best wishes to all.  Vic.

















___________________________________________________________
ALL-NEW Yahoo! Messenger - all new features - even more fun!
http://uk.messenger.yahoo.com

When you join this discussion group, please introduce yourself by
posting a short message to the group. You can reply to this message.
Don't be shy! You can use your nickname or your real name, it is up to
you.

Tell us if you are a SmartLogik shareholder, why you are joining and
anything else you feel is relevant.

Justin Jones
For SmartLogik Action Group

Shareholder Rights and Corporate Governance

If you have a web site, please promote our new Yahoo! Group by adding
a link to your site.

If you click on 'Promote' in the left-hand side bar, you will find the
code that you need to make the link.

I have reproduced below the code used on the SmartLogik Action Group
News Weblog. You can use this if you want. Please note that you will
need the full http:// path for the Yahoo! Groups Join Now! image -
Yahoo! only provide a relative path in their code and that does not
work!

<form method="get"
action="http://uk.groups.yahoo.com/subscribe/smartlogikaction">

<font face="Verdana, Helvetica" size="1" color="#000000"><b>New! Post
your comments. If you have any views on shareholder rights, corporate
governance, what happened to the SmartLogik shareholders or, anything
you feel is relevant. Enter e-mail address and click Yahoo! Groups
Join Now! icon:</b><br></font>

<input type="text" name="user" value="enter email address"
size="20"><br />

<input type="image" border="0" alt="Click here to join
smartlogikaction" name="Click here to join smartlogikaction"
src="http://uk.groups.yahoo.com/img/i/uk/ui/join.gif"><br />

Powered by&nbsp;<a
ref="http://uk.groups.yahoo.com/">uk.groups.yahoo.com</a>
</form>

Our lawyers are now focusing on the "waiver" that enabled the board to
sell the core assets without firstly asking the shareholders for
approval. The "waiver" was arranged with the UK Listing Authority. We
have information that indicates that at the very least, it went
against the City Code. The lawyers are now assessing if it was
illegal.

If you have specific information on how this "waiver" was arranged and
the people involved, please urgently let us know. You can contact us
at: Administration Department, SmartLogik Action Group, 33 - 39 Bridge
Road, Wembley Park, Middlesex HA9 9AF England UK
E-mail: admin@...

Alternatively, please contact Leon Kaye Solicitors at: 9/10 Barnard
Mews, London SW11 1QU, England UK Telephone: +44 (0)20 7228 2020 Fax
to: +44 (0)20 7228 6484 / 7738 1996
E-mail: Leon.Kaye@...

If you have any views on shareholder rights, corporate governance,
what happened to the SmartLogik shareholders or, anything you feel is
relevant, please feel free to post your comments here. This is a
public group open to anyone who wants to express their views.

It is another way for us to reach out to the thousands of SmartLogik
shareholders in the UK who are in nominee accounts. These people have
no legal right to receive information on their shareholdings and, it
is very difficult to get the nominees (banks and stockbrokers) to pass
on shareholder communications. Nominees do not have to pass on
information on important events such as an EGM or, shareholder action.

This is not right, because it means that millions of people (it is
estimated that around 20% of UK PLC is owned by shareholders in
nominee accounts) have no say in the running of the companies that
they are investing in. If they are not being kept informed, they are
unable to vote and make intelligent decisions on their investments. In
the USA and Canada, it is madatory that shareholders in nominee
accounts are kept informed of important events such as these.

The SmartLogik Action Group has been battling to reach out to the
thousands of shareholders in nominee accounts, who still are unaware
of the action now in progress. Some progress has been made, but we
have a long way to go.

Please let us know what you think about this and any other issues you
want to raise.