CTI LOGISTICS LIMITED — Earnings Release 2013

Feb 28, 2013

ABN 69 008 778 925

1 Drummond Place West Perth WA 6005 Postal Address

PO Box 400 West Perth Western Australia 6872 Telephone (08) 9422 1100

Facsimile (08) 9227 8000 Email corporate@ctilogistics.com Web www.ctilogistics.com

01 March 2013

Dear Shareholder

The Company has released its results for the six months to 31 December 2012.

Profit before tax for the period was \$8,926,572, up 61.43% on the previous corresponding period, on revenue of \$62,927,287, which was up by 38.75%. Profit after tax was \$6,147,367, up 57.4%. Net cash inflows from operating activities were down 0.02% due primarily to the increased working capital required to support expansion in the logistics segment.

The directors have declared a fully franked dividend of 3.5 cents per share, up 16.67% on the same period last year. The Dividend Reinvestment Plan and Bonus Share Plan have been re-activated, commencing with this dividend, giving all shareholders the option of electing to receive some or all of their dividends in the form of shares rather than cash.

With this letter, please find enclosed

*a copy of the Company's information brochure for the Dividend Reinvestment and Bonus Share Plans.

*a Plan Election form for you to complete if you wish to participate in either Plan for some or all of your shares. Please note that the directors have determined that shares issued under the Plans will be issued at a discount of 5.0% to the volume weighted average market price calculated over all shares sold on the ASX on the five business days immediately preceding and inclusive of the record date for the dividend. Please also note that if you wish to continue to receive your dividend in cash as previously, you simply do nothing.

*a Direct Credit authority form if you wish to have cash dividends deposited directly to your bank account [ for Australian shareholders only ]. Please note that if you wish to continue to receive your dividends in the form of a cheque, you need do nothing.

*an Annual Report Options form for you to complete if you wish to receive a printed copy of the Company's annual report in future. If you do nothing you will in future receive the annual report via the CTI Logistics website.

*a prepaid envelope if you wish to return any or all of the above three forms to our share registry Computershare.

Yoursfaithfully

David Watson EXECUTIVE CHAIRMAN