12-March-2012

To all C&F Group Stakeholders.

I am pleased to confirm that The C&F Group reaffirms its support of the Ten Principles of The United Nations Global Compact in areas of Human Rights, Labour, Environment and Anti-Corruption.
In addition, The C&F Group has adopted The EICC-SER code as the Groups Code of Practise.

In this annual communication on progress, we decribe our actions to continually improve the integration of G.C. and EICC principals into our business strategy, culture and our Management Operating Systems. We also commit to share this information with our stakeholders using our primary channels of communication.

Sincerly yours.
John Flaherty.
C&F Group CEO.

* C&F support and comply with the EICC-SER code of practise on Human Rights.
* The Group has a written policy endorsing our respect for human rights and a group code of conduct to prevent potential abuses of employee human rights.
* C&F use the E-Tasc ( Electronics Tool for Accountable Supply Chain) process to manage humans right related risks and potential impact on industrial sector/countries of operation.
* For 2012,
1). C&F will integrate the Group Human Rights policy as part of our induction training for all new employees.
2). Revise and re-issue Employee Handbook to all current employees, updated with Group Human Rights Policy.

* C&F have introduced suggestion boxes/e-mail link on website to enable anonymous reporting of Human Rights issues.
* Group Human Rights Policy in part of induction training.
* Group Employee Handbook contains details of Human Rights policy.
* Group supports 3rd party audits for Social Responsibility.
* Revised management/supervisor contracts of employment detailing responsibility for adherance to company human rights policy.

* Human Rights policy published/communicated in all locations.
* Breaches of Human Rights are managed under the Group disciplinary procedure and can result in termination of employment.
* Group human rights policy is fully integrated into the Management Operating System and reviewed annually by Group Directors.
* C&F Group support external audits by EICC-SER.

* The C&F Group has a comprehensive written Labour Rights Policy in compliance with EICC code of practise.
* Employee rights, responsibilities, full compensation and benefits are fully defined and form part of emplyment contract.
* Key suppliers are required to comply with the EICC-SER code/Global Compact labour principles.
* The C&F Group uses E-TASC to asses labour related risks.
*in 2012.
1) Human rights policy to be integrated into induction training for all new employees.
2) Current employee handbook to be revised to include Group Labour rights policy.

* Suggestion box/web link available to facilitate anonymous reporting.
* Labour rights policy to be integrated into induction training.
* Group Environmental Health and Safety officer ensures sites are in full EHS compliance.
* Management/supervisors job descriptions contain details of responsibility for compliance with group policy.
* Breaches of labour rights policy are managed under the group disciplinary procedure.

* Breaches of the group Labour Rights policy are managed under the group disciplinary procedure and can result in termination of employment contract.
* The Group Labour Rights policy is integrated into the C&F Management Operating System and as such, is reviewed annually by the Group Directors for effectiveness and compliance.
* The C&F Group support 3rd party audits by EICC-SER.

* The C&F Group has calculated it's carbon footprint and has plans for reduction for the future.
* All product shipped to customers are ROHS compliant.
* C&F have a written policy on the protection of the environment covering permits and reporting, pollution prevention, resource reduction, hazardous substance management, waste treatment, air emissions, product content restrictions,
* The Group policy is integrated into the Management Operating System and as such is reviewed annually by the Group Directors.

* The Group EHS policy is communicated at induction training for all employees.
* The Group EHS policy is integrated into the Group Management Operating System.
* Compliance with the Group policy is a condition of employment.
* C&F group are running several projects to recycle paper/timber, reduce electricity usage, reduce/recycle water, subsidise mains electricity with wind turbines.
* All C&F Group locations are working towards a Management Operating System which will be in compliance with ISO14000.

* The Group EHS policy and procedures are part of the Management Operating System and as such are reviewed annually for compliance and effectiveness by the Group Directors.
* The C&F Group support 3rd party audits by EICC-SER.

* The C&F Group has a written Anti-corruption policy. This policy is integrated into the Group Management Operating System and as such is reviewed annually for compliance and effectiveness by the Group Directors.
* The C&F Group have a written Gifts policy defining the circumstances and details as to when giving/receiving gifts are appropriate. Breaches of this policy are managed by the Group disciplinary procedure.
* Key suppliers are obliged to confirm acceptance of the C&F Ethics/gift policy.

* Suggestion boxes/ web link are available to facilitate anonymous reporting of breaches.
* C&F Group Code of Practise forms part of induction training for all employees.
* Relevant job descriptions detail responsibility for compliance with C&F Code of Practise.
* C&F Group support 3rd party audits from EICC-SER.

* Breaches of Company code of practise are managed through the Group disciplinary procedure and may result in termination of employment and/or leagal proceedings.
* The Group Code of Practise forms part of employee induction training.
* All employee handbooks contain a copy of the Group Code of Practise.
* C&F Group supports 3rd party audits by EICC-SER.