Directors’ approval

The directors of Network Healthcare Holdings Limited are responsible for the preparation and integrity of the annual financial statements of the Company and the Group. The Group's external auditors are engaged to express an independent opinion on these annual financial statements.

In order to fulfil this responsibility, the Group maintains internal accounting and administrative control systems designed to provide reasonable assurance that assets are safeguarded and that transactions are executed and recorded in accordance with the Group's policies and procedures.

The directors are satisfied that such accounting and administrative control systems have been maintained during the year.

The annual financial statements are prepared on a going concern basis and in accordance with International Financial Reporting Standards.

These financial statements are examined by our auditors in conformity with International Standards on Auditing.

The annual financial statements were approved by the board of directors on 15 November 2007 and are signed on its behalf by:

Michael I Sacks Chairman

Dr Richard H Friedland Chief Executive Officer

Peter G Nelson Chief Financial Officer

Sandton