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DATA#3 LIMITED Earnings Release 2010

Aug 22, 2010

64791_rns_2010-08-22_fc5f3129-56ba-4d36-b6bb-ecf5293abcf4.pdf

Earnings Release

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MARKET RELEASE

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Data[#] 3 reports yet another ‘best ever’ result

Full year dividends increase 12% to 56 cents on the back of 11% growth in earnings per share

BRISBANE, Monday 23 August 2010. Data[#] 3 Limited [ASX: DTL], a national information and communications technology (ICT) company, today announced another best ever result with a record net profit after tax of $10.9 million for the year ended 30 June 2010, an 11% increase over the 2009 financial year.

Data[#] 3 recorded a 13% increase in total revenue to $599.2 million, and earnings per share increased 11% to 70.88 cents.

The Board has declared a final dividend of 33 cents per share to bring total dividends for the year to 56 cents per share, an increase of 12% over the previous year. The dividend will be paid on 30 September 2010.

“Our key strategy for organic growth continues to be well-executed by the management team,” Chairman Richard Anderson commented. “Our offerings position us competitively to win and ongoing investment in new internal systems has seen some improvements in operational efficiency through the 2010 financial year. We are delighted to once again report solid growth in earnings and dividends. This growth, combined with a 33% gain in the company’s share price over the year, has delivered an excellent result for shareholders” he said.

Highlights

  • Revenues of $599.2 million - up 13.0% with growth in all geographic regions

  • EBITDA of $16.3 million - up 12.4%

  • EBIT of $15.2 million - up 13.6%

  • NPAT of $10.9 million - up 11.0%

  • Basic earnings per share of 70.88 cents - up 11.2%

  • Full year fully franked dividends of 56 cents per share - up 12.0%

  • Very strong net operating cash inflows of $44.9 million and no debt

  • Further acknowledgement of our market leading expertise with numerous awards from the world’s leading technology manufacturers including Microsoft, HP, Cisco, Symantec and Adobe

  • Other industry recognition included winning the ARN Enterprise Reseller of the Year award

  • • Continued investment in new internal systems to provide a platform for increasing efficiency and productivity in the future.

Managing Director John Grant stated “2010 was a year marked by improving business confidence but continued constraint in ICT expenditure. Strong growth both in revenue and profit is testimony to the confidence of our customers, the capability of our people and the support of our partners. With our national footprint and the broad appeal of our offerings, we are targeting to once again deliver organic growth ahead of the market in all areas of the business in 2011. In addition we will remain watchful for partnering and acquisition opportunities mindful of the cultural and financial issues that accompany them. Our overall financial objective is to improve on the performance of 2010.”

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Data[#] 3 Email Alerts facility

You can now 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.

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.

The company is headquartered in Brisbane and also operates from Sydney, Melbourne, Canberra, Perth, Adelaide, Townsville, Rockhampton and Gladstone and has approximately 500 employees.

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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