EVT LIMITED — Interim / Quarterly Report 2011

Feb 23, 2011

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24[th] February 2011

ASX ANNOUNCEMENT

The listed entertainment, hospitality and leisure operator Amalgamated Holdings Limited (“AHL”) today announced a net profit of $110.9 million for the half-year to 31 December 2010. The net profit was 45.5% above the prior comparable half-year result despite the normalised profit (being profit before interest, discontinued operations, individually significant items and income tax) falling to $60.9 million. The net profit included $60.3 million arising from the sale of AHL's 49% share in the Middle East cinema operations business.

In announcing the result AHL Managing Director, Mr David Seargeant commented: “The result has been impacted by the soft film product line-up for our exhibition business, particularly over the traditionally strong Christmas holiday trading period, with the prior half-year comparison also including the standout success of Avatar” . Mr Seargeant added: “The results from the German circuit were further compounded by extreme weather conditions, the devaluation of the Euro against the Australian dollar and, earlier in the half year, the impacts of the Football World Cup”.

The result for Hotels & Resorts reflected a further strengthening in demand, combined with continued strength in market share. The Thredbo Resort was solid with excellent conditions late in the season, offsetting the effect of marginal conditions in late July.

The AHL Chairman, Mr Alan Rydge, announced an interim dividend of 14 cents per share, in-line with the previous year’s interim dividend.

Whilst the effect of a relatively disappointing film line-up continued through January 2011, the outlook for the balance of the 2010/11 year, particularly the May to June period, is greatly improved. AHL expects, in the absence of any further unforeseen events, to have an improved second half.

Further information

ASX Company Security Code: AHD Telephone: +61 2 9373 6600 Contact: David Seargeant (AHL Managing Director) Greg Dean (AHL Company Secretary)

Amalgamated Holdings Limited A B N 5 1 0 0 0 0 0 5 1 0 3 49 Market Street, Sydney NSW 2000