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DATA#3 LIMITED AGM Information 2006

Nov 7, 2006

64791_rns_2006-11-07_c1ae9575-5d60-436f-b932-21615f9ca82c.pdf

AGM Information

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Data#3 preliminary profit outlook up 10% on

previous first half

Announces at Annual General Meeting that another record first half

result expected

Adding Value

BRISBANE, Wednesday 8th November 2006. The Board of Directors of Data#3 Limited (ASX:DTL) today announced at the Annual General Meeting that the company is currently tracking to deliver another record first half result. Additionally, Data#3 confirmed its full year financial performance is projected to exceed the record result achieved in FY05/06 and it anticipates delivering dividends near the top of the sector. The retirement of non-executive director Graham Clark was also announced at the AGM, as well as the progress of the onmarket share buy-back.

John Grant, Managing Director, Data#3 Limited confirmed the first guarter result was ahead of plan and the forecast for the half year is on track to exceed the exceptional result of the previous first half. "In light of the figures to date and the outlook, we expect to deliver another record half year result and are predicting a profit for the first half up around 10% on the previous year. This would be an excellent outcome for all stakeholders."

Chairman Richard Anderson provided an update on the progress of the on-market share buyback. The share buy-back was introduced with the dual aim of improving shareholder returns on a sustainable basis and reducing volatility in the company's share price.

"We are pleased with the further improvement in the share price since the commencement of the buy-back program and, subject to future profitability, intend to maintain the momentum by further improving dividend returns to shareholders," said Richard Anderson.

Richard Anderson also announced the retirement of non-executive director Graham Clark at the AGM and acknowledged his outstanding contribution to the company.

"Graham Clark is one of Data#3's founders and over the past 29 years has been intimately involved in the development, direction and management of the company. It is entirely appropriate to place on record the appreciation of the company's shareholders as well as that of the many people who have worked with Graham to make Data*3 the outstanding company it is today," he said.

About Data $#3$

Data*3 Limited (ASX: DTL) is a significant national Information and Communication Technology (ICT) solutions company.

Customers utilise Data#3's expertise to deliver exceptional value in:

  • Software licensing and software asset management $\bullet$
  • $\bullet$ Application and infrastructure integration, and support through outsourcing and remote management
  • Product sourcing and related integration services
  • Optimisation of data centre infrastructure
  • Contract and permanent recruitment.

Data*3's customers cover a wide range of industries including banking and finance, mining, tourism and leisure, legal, healthcare, manufacturing, distribution, government and utilities and are located throughout Australia and Asia Pacific.

Data*3 reported revenues of \$240 million in 2005/06 and has over 350 employees. The company is headquartered in Brisbane, and it has offices located in Sydney, Melbourne, Canberra, Townsville, Rockhampton, Gladstone and New Caledonia.

More information about the company, its products and services is available at http://www.data3.com.au

FNDS

Media Contact - for further information please contact:

John Grant Managing Director Data#3 Limited $Tel:$ 1300 23 28 23 Mob: 0411 429 930

Brem Hill Chief Financial Officer Data#3 Limited 1300 23 28 23 Tel: Mob: 0411 887 182