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• Revenue: +19.2% (4Q09), +26.2% (FY09)
• Net Profit: +21.6% (4Q09), +52.1% (FY09)
• Press Release: Earnings surged 52% against an increase of over 26% in turnover to AUD$478.2 million
• Robust net cash flow of AUD$63.1 million from operations
• Strong balance sheet with a net cash position gearing wise
• Current order book of AUD$403 million as at 31 July 2009
• Outlook: The Group is optimistic that activity levels within the mineral resources sector will return to satisfactory levels in the H2 2010FY.
• The Group expects the Singapore operations activity levels for the oil and gas sector to remain flat in H1 2010 FY.
• The Group expects the Singapore operations to benefit from improved activity levels in H2 2010 as project activity in the upstream oil and gas sector improves on increased levels of confidence in oil price levels and energy demand.
• Overall the Group expects a contraction in revenues and earnings for the forward looking 12 month period.
• his expected contraction in revenue is primarily due to reduced levels of activities in the Mineral Resources sector experienced over the previous 9 months, caused by the global financial crisis and related flow on effects into lower commodity prices.
• The Group expects to see a progressive improvement in activity levels as the effects of the global financial crisis dissipate in the medium term.
• The second half of the financial year is expected to be stronger than the first half.
• The Board remains confident that the Group will remain profitable for the full year ahead.

FINANCIAL RECORDS

Revenue (AUD '000)

FY 1Q 2Q 3Q 4Q Total
2009 130,405 130,071 99,555 118,159 478,191
2008 89,090 113,127 77,608 99,155 378,980

FY 1H 2H Total
2007 126,087 155,044 281,131
2006 104,700 135,349 240,049
2005 60,439 35,203 95,642
2004 NA NA 115,505
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Earnings (AUD '000)

FY 1H 2Q 3Q 4Q Total
2009 5,802 4,995 4,139 6,931 21,857
2008 4,926 7,193 (3,444) 5,698 14,372

FY 1H 2H Total
2007 8,246 10,887 19,133
2006 3,546 7,733 11,279
2005 2,533 1,743 4,276
2004 NA NA 5,145
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Dividends

FY Interim Final Special (SGD)
2009 NA 0.0064 NA
2008 NA 0.0061 NA
2007 NA 0.0061 NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (AUD)

NAV = $0.294
EPS = $0.055 (12M FY09)
Diluted EPS = $0.054 (12M FY09)
No of Shares = 402,653,479
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA