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DATA#3 LIMITED Capital/Financing Update 2010

Nov 4, 2010

64791_rns_2010-11-04_eebef57e-beec-4a0a-993e-0a41b12b6842.pdf

Capital/Financing Update

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MARKET RELEASE

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Data[#] 3 expects significant upgrade in first half result

Projecting a first half NPBT in the range of $10M to $11M, an increase of approximately 50 to 60%

BRISBANE, Friday 5[th ] November 2010. The Board of Directors of Data[#] 3 Limited (ASX:DTL) today announced that the company is on track to significantly improve its first half financial performance over the outstanding FY09/10 result.

Chairman Richard Anderson indicated that while the global situation remained uncertain domestic economic conditions were improving. “We are seeing increased levels of investment by our customers but continued diligence on price and value. At the end of October performance is ahead of plan and the first half is expected to be significantly ahead of the previous year,” he said.

Managing Director John Grant commented that current forecasts for November and December while early and subject to many variables, predicted first half net profit before tax would most likely finish in the range of $10 million to $11 million, up approximately 50% to 60% on the previous corresponding period.

“This is a great position to be in however we would caution shareholders against projecting these results into the full year. We have seen some shift in seasonality toward the first half and we will be incurring a range of occupancy and people related expenses in the second half which are not in the first half. We will advise shareholders should things change materially and will provide more details at the half year,” he said.

Data[#] 3 Email Alerts facility

You can stay up to date with Data[#] 3’s business activities by registering to receive Email Alerts. This facility will automatically notify you via email each time Data[#] 3 releases company news and information. To join Email Alerts, simply fill in your details in the Investor section on Data[#] 3’s website (http://www.data3.com.au) and select which information you would like to receive.

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About Data[#] 3

Data[#] 3 Limited [ASX: DTL] is a national Information and Communication Technology (ICT) solutions company.

Data[#] 3 provides market leading expertise in:

  • Software licensing and software asset management solutions to optimise and manage the acquisition of software licensed in volume from global manufacturers;

  • Integrated solutions to design and deploy hardware and software infrastructure integrating the desktop, network and data centre;

  • Product solutions for procuring, configuring and rolling-out technology cost effectively;

  • Managed services to provide outsourced solutions for infrastructure operations, support and maintenance;

  • People solutions to provide contract and permanent recruitment and human capital performance management.

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 located throughout Australia and Asia Pacific.

Data[#] 3 reported revenues of $599 million in the 2009/10 financial year, and has approximately 550 employees. The company is headquartered in Brisbane, and has offices located in Sydney, Melbourne, Canberra, Adelaide, Perth, Townsville, Rockhampton and Gladstone.

More information about Data[#] 3 and its solution offerings is available at http://www.data3.com.au

ENDS

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 Tel: 1300 23 28 23 Mob: 0411 887 182

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