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Message: Management expects that the settlement of this matter will be finalized on or before May 15,2006.``</

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Management expects that the settlement of this matter will be finalized on or before May 15,2006.``</

posted on May 01, 06 12:42PM

In Alfas latest filings they stated ``JOL signed an agreement in April 2003 with the State of Qatar to develop a project in Doha, Qatar. However, based upon subsequent decisions by Qatar, JOL will not develop that project in Qatar

and negotiations between JOL and the State of Qatar to resolve the disputes relative to the 2003 agreement have now been concluded in a friendly manner. Management expects that the settlement of this matter will be finalized on or before May 15,2006.``

Think we will hear something soon?

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