The following information was sent today and is available on Leica web site. An audit has been launched and Leica's new strategy is to be announced in May! Even though I do not care about digital, I believe they should get their digital products out as soon as possible. Dear Leica friends, Leica Camera AG, Solms, expects the existence of a loss in the amount of half of its registered share capital in March 2005. The Company?s Board of Management will make a corresponding announcement according to section 92 (1) of the German Stock Corporation Law (AktG) at a General Meeting to be held on May 31, 2005. Concurrently, the Board of Management prepares a turnaround strategy.