COUNT LIMITED — M&A Activity 2012

Mar 11, 2012

ASX ANNOUNCEMENT: CUP Monday, 12 March 2012

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Melbourne based wholly-owned subsidiary of Countplus Limited - Kidmans PEC Pty Ltd has completed the acquisition of Pacific East Coast Pty Ltd – a Property and Accounting Group ( PEC Group ). This follows the signing of the share sale and purchase agreement as advised in the company announcement of 13 February 2012.

The PEC Group is an independent property broker of primarily new residential and commercial property and has placed more than $3.5 billion of property via its National Alliance Member Network comprising in excess of 600 members.

As a broker of new investment properties (the PEC Group is not an investor in nor a developer of property), the PEC Group is well positioned to grow in the long term and especially now that the fast growing Self-Managed Super Fund (SMSF) market can also own residential property with the aid of gearing.

The initial purchase consideration was paid in cash. Subsequent performance based payments to the sellers will involve cash and equity payments.

The purchase is expected to be earnings per share accretive in current and future years.

In addition, Canberra subsidiary, Beames & Associates has completed the acquisition of a NSW regional accounting practice for $670,000. Consideration is a combination of cash and equity payable over 2 years. The acquisition is expected to be immediately earnings per share accretive.

For further information please contact:

Barry Lambert Michael Spurr Executive Chairman Chief Executive Officer Countplus Limited Countplus Limited Ph: 02 8272 0212 Ph: 02 8272 0223 Email: barry.lambert@countplus.com.au Email: michael.spurr@countplus.com.au

ASX Announcement – CUP

12 March 2012

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