| CLIMATE CHANGE ACTION MUST NOT FORGET VULNERABLE HOUSEHOLDS
The most vulnerable people in society must continue to benefit from the government's work to tackle climate change, Ian Pearson, Climate Change and Environment Minister, said today. Outlining the new measures contained in the recent Energy White Paper to an Energywatch conference, Mr Pearson said that making sure people on low incomes could adequately heat their home was a fundamental principle. Mr Pearson said: "People should not have to choose between heating and eating. We know that boosting energy efficiency in people's homes can help cut fuel bills and carbon emissions, and so help combat climate change. "But for many people, heating their home takes up a large part of their income. Fuel prices have increased and many homes have inefficient heating systems and a lack of insulation which means that fuel is wasted unnecessarily - this costs people money, but also harms the environment.
Mugello MotoGP Quote Machine Final
After that I was having trouble holding the line, so I pulled in to save the motor. Hopefully Barcelona will be good weather all weekend. We have a feeling now what the bike does, and now we can move forwards. KENNY ROBERTS - Team Principal
We've isolated some of the problems. Kurtis helped a lot. Now we've got to build a new chassis. This is the first 800 we've made, and we missed the target. What we know now we should have known three or four races ago, but everything went good in testing, and the second race looked okay. From then on we've just been fighting a certain problem to do with weight distribution that we couldn't isolate until now. There's a major problem in the chassis, and I don't think it's going to be a quick fix. But we're starting to understand now what we need to make the thing turn.
Multimedia Games board authorizes tender offer
AUSTIN, Texas -- (PRESS RELEASE) -- Multimedia Games, Inc. (Nasdaq:MGAM) announced today that it intends to initiate a modified Dutch auction self-tender to purchase up to $25 million of its common stock at a range of $12.25 to $13.50 per share. The low end of the range represents a 3.2% premium and the high end of the range represents a 13.7% premium to Multimedia Games' closing share price on May 25, 2007. The mid-point of the per share price range represents a maximum aggregate repurchase of approximately 1.9 million shares, or approximately 7% of the Company's approximately 27.8 million outstanding shares. The modified Dutch auction self-tender is designed to return capital to shareholders within the covenants provided in the Company's new revolving credit facility. Multimedia's independent directors, Chief Executive Officer and Chief Financial Officer, who in aggregate own approximately 3.4 million shares or approximately 12.2% of the Company's outstanding shares, have indicated that they do not intend to tender shares in the modified Dutch auction self-tender.
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