ENECO REFRESH LTD — Interim / Quarterly Report 2012

Apr 25, 2012

==> picture [131 x 47] intentionally omitted <==

==> picture [46 x 46] intentionally omitted <==

Refresh Group Limited ( ACN 079 681 244) 17 Denninup Way, Malaga WA 6090 Tel: (08) 9248 3006 Fax: (08) 9248 7233 Email: info@refreshgroup.com.au Website: www.refreshgroup.com.au

26 April 2012

ASX Announcement (ASX: RGP)

Enclosed is our Appendix 4C.

For more information, please contact:

Henry Heng Executive Chairman henry@refreshgroup.com.au

==> picture [71 x 24] intentionally omitted <==

==> picture [76 x 39] intentionally omitted <==

==> picture [87 x 37] intentionally omitted <==

==> picture [72 x 30] intentionally omitted <==

==> picture [51 x 37] intentionally omitted <==

==> picture [51 x 27] intentionally omitted <==

www.refreshwaters.com.au www.fusionh2o.com.au www.sunshowersprings.com.au www.distilledwaters.com.au www.hydr8water.com.au www.ozwaterfilters.com.au

Refresh Group Ltd offers complete drinking water solutions - bottled water, water filters and purifiers. It has been in operation since 1997and listed on ASX in March 2006.

Its main business is bottled water. Refresh Waters is Australia’s largest producer of distilled drinking water with a capacity to produce more than 10,000 litres of distilled water per hour.

Refresh Pure Water is sold in pack sizes ranging from 600mL to 15L for home and office deliveries. Water coolers are available for sale or hire. 5L packs are sold in Woolworths / Safeway supermarkets in Queensland, New South Wales, Australian Capital Territory and Victoria. Other retail packs are sold in selected IGA supermarkets throughout Australia.

Refresh also markets a superoxygenated water. Oxyfresh uses a unique process to energise pure water through a GIE activator. The oxygen content is then increased by up to 700%. Add to this Himalayan crystal salt containing 84 elements essential for good health and you have a crisp tasting, refreshing energy drink without the sugar. Another brand of bottled water marketed by the company is Sunshower Springs. This premium spring water is available for home and office deliveries in Brisbane, Sunshine Coast, Gold Coast and Sydney.

Refresh Waters Pty Ltd (ABN 20 115 000 318)

Head Office/Perth - 17 Denninup Way, Malaga, WA 6090 T: (08) 92487222 F: (08) 92487233 E: perth@refreshwater.com.au Kalgoorlie – 33/46 Great Eastern Hy, Kalgoorlie WA 6430 T: (08) 90222266 F: (08) 90224468 E: kalgoorlie@refreshwater.com.au Melbourne – 14 Bando Rd, Springvale Vic 3171 T: (03) 95623877 F: (03) 95623177 E: melbourne@refreshwater.com.au Sydney – 3 Salisbury St, Silverwater, NSW 2128 T: (02) 97484200 F: (02) 97484366 E: sydney@refreshwater.com.au Refresh Waters Queensland Pty Ltd (ABN 97 095 451 406) Brisbane – 120 Mica Street, Carole Park, Qld 4300 T: (07) 32711251 F: (07) 38793019 E: brisbane@refreshwater.com.au Toowoomba – 600 Boundary St, Toowoomba Qld 4350 T: (07) 46590400 F: (07) 46590411 E: toowoomba@refreshwater.com.au

Appendix 4C Quarterly report for entities admitted on the basis of commitments

==> picture [137 x 48] intentionally omitted <==

Rule 4.7B

Appendix 4C

Quarterly report for entities admitted on the basis of commitments

Introduced 31/03/00 Amended 30/09/01, 24/10/05, 17/12/10

Name of entity

Refresh Group Ltd

ABN 28 079 681 244	Quarter ended (“current quarter”)
28 079 681 244	31 March 2012

Consolidated statement of cash flows

	Cash flows related to operating activities 1.1 Receipts from customers 1.2 Payments for (a) staff costs (b) advertising and marketing (c) research and development (d) leased assets (e) other working capital 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (provide details if material) Net operatingcash flows	Current quarter $A’000	Year to date (9 months) $A’000
		1,637 (593) (88) - (118) (758) - - (18) -	4,428 (1,676) (220) - (365) (2,109) - - (58) -
		62	0

• See chapter 19 for defined terms.

Appendix 4C Page 1

17/12/2010

Appendix 4C Quarterly report for entities admitted on the basis of commitments

	Current quarter $A’000	Year to date (9 months) $A’000
1.8 Net operating cash flows (carried forward)	62	0
Cash flows related to investing activities 1.9 Payment for acquisition of: (a) businesses (item 5) (b) equity investments (c) intellectual property (d) physical non-current assets (e) other non-current assets 1.10 Proceeds from disposal of: (a) businesses (item 5) (b) equity investments (c) intellectual property (d) physical non-current assets (e) other non-current assets 1.11 Loans to other entities 1.12 Loans repaid by other entities 1.13 Other (provide details if material) Net investing cash flows 1.14 Total operating and investing cash flows	- - - (38) - - - 8 - - - -	- - - (50) - - - 11 - - - -
	(30)	(39)
	32	(39)
Cash flows related to financing activities 1.15 Proceeds from issues of shares, options, etc. 1.16 Proceeds from sale of forfeited shares 1.17 Proceeds from borrowings 1.18 Repayment of borrowings 1.19 Dividends paid 1.20 Other (loans from related parties) Net financingcash flows	- - - (14) - (39)	- - - (37) - 62
	(53)	25
Net increase (decrease) in cash held 1.21 Cash at beginning of quarter/year to date 1.22 Exchange rate adjustments to item 1.20 1.23 Cash at end ofquarter	(21) 137 -	(14) 130 -
	116	116

• See chapter 19 for defined terms.

Appendix 4C Page 2

17/12/2010

Appendix 4C Quarterly report for entities admitted on the basis of commitments

==> picture [137 x 48] intentionally omitted <==

Payments to directors of the entity and associates of the directors

Payments to related entities of the entity and associates of the related entities

Current quarter $A'000 Aggregate amount of payments to the parties included in item 1.2 - Aggregate amount of loans to the parties included in item 1.11 -

• 1.24 Aggregate amount of payments to the parties included in item 1.2 1.25 Aggregate amount of loans to the parties included in item 1.11

• 1.26 Explanation necessary for an understanding of the transactions

Non-cash financing and investing activities

• 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

• None

• 2.2 Details of outlays made by other entities to establish or increase their share in businesses in which the reporting entity has an interest

None

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	80	80
	-	-

• See chapter 19 for defined terms.

Appendix 4C Page 3

17/12/2010

Appendix 4C Quarterly report for entities admitted on the basis of commitments

Reconciliation of cash

Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.	Current quarter $A’000	Previous quarter $A’000
4.1 Cash on hand and at bank 4.2 Deposits at call 4.3 Bank overdraft 4.4 Other (provide details)	116	137
	-	-
	-	-
	-	-
Total: cash at end of quarter(item 1.23)	116	137

Acquisitions and disposals of business entities

5.1 Name of entity 5.2 Place of incorporation or registration 5.3 Consideration for acquisition or disposal 5.4 Total net assets 5.5 Nature of business	Acquisitions (Item 1.9(a))	Disposals (Item 1.10(a))
	Nil	Nil

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act (except to the extent that information is not required because of note 2) or other standards acceptable to ASX.

• 2 This statement does give a true and fair view of the matters disclosed.

26 April 2012 Sign here: ............................................................ Date: ............................ Executive Chairman

Henry Heng

Print name:

.........................................................

• See chapter 19 for defined terms.

Appendix 4C Page 4

17/12/2010