CENTURIA CAPITAL GROUP — Interim / Quarterly Report 2007

Feb 25, 2007

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ASX/MEDIA RELEASE

26 February 2007

VIA ELECTRONIC LODGEMENT Australian Stock Exchange Company Announcements Platform

INTERIM RESULTS

Over Fifty Group (OFG) is pleased to report a net profit after tax for the half year to 31 December 2006 of \$3.0 million. This result is in line with expectations and OFG remains on track to record a full year net profit in excess of the \$7.3 million reported in 2006.

OFG has declared an interim dividend of 5.0 cents per share with the record date of 9 March 2007.

OFG Managing Director, Mr Chris Martin, said "OFG shareholders can take a good deal of comfort in the quality of this result."

"In the December 2006 half, we have made significant investments in OFG's long term revenue generation platform with the acquisition of Century Funds Management, our property funds management business and the repositioning of our brand to more closely resonate with our target markets.

While the launch costs associated with the new OFG brand and increased marketing expenditure across the group impacted short term profitability, the longer term benefits to the group are already in evidence."

The main sources of revenue during the half year to 31 December 2006 were the Over Fifty Mutual Friendly Society and the property funds management division. OFG continued to invest in the reverse mortgage business which generated strong volume growth.

The major highlights for the half year were as follows:

• Managing Director, Chris Martin, appointed in July 2006
• 100% acquisition of Century Funds Management a specialist property funds $\bullet$ management business - in July 2006
• Special dividend of 9 cents per share fully franked in August 2006, crytallising $\bullet$ the value of unclaimed shares within the OFM trust

• October 2006 AGM approved company name change to Over Fifty Group $\bullet$ Limited (OFG). The change of name signaled our intention to become the pre-eminent provider of financial and lifestyle solutions to the over fifty community
• Century Funds Management subsidiary increases Group property FUM to $\bullet$ \$620 million in November 2006, with the purchase of 8 storey office building at 7-9 Help Street, Chatswood, NSW.
• OFG announces the pilot of a reverse mortgage product with the ANZ Bank in $\bullet$ December 2006

Mr Martin said: "Having achieved our strategic, financial and operational goals for the 6 months to 31 December 2006, the company is now focused on achieving the following:

• Ongoing growth in our property funds management and reverse mortgage $\bullet$ activities
• Identification and development of broader funds management initiatives $\bullet$
• Increasing our commercial lending base $\bullet$
• Ongoing assessment of inorganic growth opportunities that meet our strategic $\bullet$ and financial hurdles"

"Looking toward the 2007 calendar year, we believe our new brand, the investments we have made during 2006 and our drive to meet the needs of the over fifty community, will position us for sustainable growth in the future."

For more information please contact

Mr Chris Martin, Managing Director, Over Fifty Group (03) 9616 6544.

30 Julie 1970
1971 - Paul Barton, amerikansk fotograf (d. 1982)
1982 - Johann Stone, amerikansk fotograf (d. 1983)