CENTURIA CAPITAL GROUP — Earnings Release 2012

Aug 23, 2012

Media Release

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Centuria Capital Announces 2012 Full Year Results and Capital Management Strategy

24 August 2012

FY12 Financial Results

• Underlying net profit after tax of $4.9 million

• Underlying earnings per share of 6.1 cents

• Statutory net profit after tax of $2.0 million

• Statutory earnings per share of 2.5 cents

• Net assets of $90.4 million – equivalent to $1.10 per share

Diversified funds management group Centuria Capital (ASX: CNI) today announced its results for the full year ending 30 June 2012. The underlying net profit after tax (NPAT) of $4.9m million for the full year represents statutory profit after tax, adjusted for non-recurring items, and excludes the consolidated financial results of the Centuria Life benefit funds. The underlying NPAT of $4.9 million is equivalent to 6.1 cents per share.

‘‘The past year has been one of consolidation of the business,’’ Centuria Capital CEO, John McBain commented. ‘‘ The level of property acquisitions to create new property funds was lower than anticipated during the period and steps have been taken to address this.’’

Mr McBain added, ‘‘The Group is off to a strong start in FY13 with two investment properties under contract for purchase totaling ~$78m and a very strong pipeline of opportunities under review. Investments in systems and infrastructure have been made across the different divisions and at the same time, a number of rationalisation measures have been implemented.’’

The Management Team is committed to ensuring the FY13 result shows strong growth from the results in FY12.

Capital Management

The Company today announced that it would not be paying a final dividend and would be instead allocating $1.6 million to undertaking an unmarketable share parcel buy-back. The Company further announced that details of the buy-back would be announced prior to 30 September 2012.

Mr McBain commented, ‘‘The decision to undertake an unmarketable share parcel buy-back illustrates the confidence in the strength of the Company and its prospects from the Board and the Senior Management Team. We expect the buy-back to be accretive to the Group’s ongoing earnings and we will be announcing details of the buy-back in the coming weeks.’’

Media Release

Outlook

Markets are expected to remain volatile however Centuria believes that this will create further acquisition opportunities and that it is well positioned for growth in both the property and financial services divisions. In addition, the Group is close to finalising its last remaining legacy issue with the pending sale of the two properties at Moonah Links and Torquay Sands. Centuria is confident that growth will be seen in FY13.

- Ends –

For investor enquires contact: John McBain CEO

Centuria Capital Limited Phone: 02 8923 8903 Email: john.mcbain@centuria.com.au

Matthew Coy CFO

Centuria Capital Limited Phone: 02 8923 8919 Email: matthew.coy@centuria.com.au

For media enquiries contact: Aideen McDonald

BlueChip Communication Phone: 02 9018 8600 Email: aideen@bluechipcommunication.com.au

About Us

Centuria Capital is an ASX-listed diversified funds manager with close to $2 billion in funds under management. We offer a diverse range of investment opportunities --- from tax-effective investment bonds to unlisted property funds. Our drive, allied with our inside knowledge of the sector and intimate understanding of our clients, allows us to transform opportunities into rewarding investments.