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Exhibit 5 Notes from audit committee call The Group currently has three nonexecutive directors= who form the Group audit committee. Until IanuarleZD. there was a

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Exhibit 5 Notes from audit committee call The Group currently has three nonexecutive directors= who form the Group audit committee. Until IanuarleZD. there was a fourth nonexecutive director who was also the financial reporting expert of the Group audit committee. The Group is looking to find a replacement. but is finding it difficult to reciuit for this position. and has requested that a senior partner from Sejava 8:. Go become a member of the Group audit committee while a replacement is being sought. In addition. the Group audit committee is looking to appoint a firm of professional accountants to perform corporate finance work in relation to the planned Group restructuring. The audit committee understands that Sejava Sc Go cannot provide this nonaudit service as it would create a significant threat to auditor objectivity. However. the audit committee has asked if our firm can recommend another firm to perform the work. Following the call the managing partner of Sejava 8: Co has suggestedthat the firm recommend Ranger Associates. an unconnected firm. to carry out the work. If Ranger Associates is appointed Sejava A\": Co will charge Ranger Associates a referral fee equivalent to 10% of the fee for the corporate finance engagement. In addition. the audit committee has asked Sejajra .5: Co to work with the Group internal audit team to design internal controls over the part of the accounting system which deals with revenue. and also evaluate the operating effectiveness of the intemal controls. (d) Using the notes from the audit committee phone call in Exhibit 5, discuss any ethical issues relevant to the Group audit, and recommend appropriate actions to be taken by our firm

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