EVZ LIMITED — Capital/Financing Update 2009

Aug 4, 2009

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ENVIROZEL LIMITED ABN 87 010 550 357 ACN 010 550 357 Level 7, 410 Collins Street Melbourne VIC 3000 Australia PO Box 237 Collins Street West Melbourne VIC 8007 Tel: +61 3 9670 4545 Fax: +61 3 9670 6670 www.envirozel.com

5 August 2009

Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

Profit Guidance - For the year to 30[th] June 2009.

In accordance with the ASX’s continuous disclosure policy Envirozel Limited (EVZ) provides the following update relating to the anticipated financial results for the year to 30 June 2009.

Amounts included in this profit guidance are subject to audit. It is anticipated that EVZ will release its preliminary results to the market in the week commencing 24[th] August 2009.

EVZ forecasts that Earnings before Interest and Tax (EBIT) will be in the range of $5.4 million to $5.6 million. This result is in line with the Group’s expectations.

Revenues for the current year are expected to be in the vicinity of $80 million which is approximately 9% down on the 2008 financial year.

The reduction in EVZ’s projected EBIT, whilst anticipated, is the result of; greater lead times in contract acceptance, delays in the commencement of won contracts, won contracts subsequently deferred or cancelled and unsustainable industry pricing which has impacted on margins.

EVZ has previously reported that current economic conditions have significantly affected the performance of its steel fabrication business, National Engineering, which has negatively contributed to the consolidated EBIT for the year. However, a significant improvement in the performance of National Engineering has occurred in the second half of the financial year. This improvement was in line with EVZ’s expectations. Trading conditions though remain difficult. At Half-Year EVZ impaired the carrying value of its investment in this business and based on National Engineering’s improved performance no further impairment is considered necessary at 30 June 2009.

During the year to 30 June 2009, EVZ significantly strengthened its investments in Business Development, engaging Business Development Managers across all businesses. The focus of the enhanced Business Development strategy is to; expand market share, ensure geographic

expansion, both domestically and internationally, and to spread the Group’s customer and product/service base.

Whilst these additional Business Development costs have had an immediate effect on the current EBIT result, the Group expects to see a return on this investment in the new financial year, with all businesses in the Group anticipating revenue and profit growth. In addition EVZ has a sound forward order book at year end which should, in turn, underpin this anticipated improved profitability.

Yours sincerely,

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Ian Wallace Company Secretary

For further information, please contact: Andrew Powis Chief Executive Officer Envirozel Limited Tel: +61 3 9670 4545 Mobile: 0418 564 466 E: andrew.powis@envirozel.com

About Envirozel Limited (ASX code: EVZ)

EVZ is an emerging industrial group with a portfolio of specialist businesses operating in the engineering services industry. The company’s operations currently encompass five established businesses, Syfon Systems, Brockman Engineering, Danum Engineering, National Engineering and TSF Engineering. These businesses have strong positions in their respective markets with exceptional growth opportunities.

The company’s strategy is to grow via organic growth and acquisitions which target entities that will consolidate market penetration of existing group businesses and established profitable niche businesses where generational change or succession issues have become a constraint on growth.