EVZ LIMITED — Earnings Release 2009

Feb 12, 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

13 February 2009

ASX RELEASE

INTERIM EARNINGS UPDATE

Envirozel Limited (ASX: EVZ) anticipates its unaudited Earnings before Interest and Tax (EBIT) for the six months to 31 December 2008 to be in the range of $2.3m to $2.8m. The EBIT for the corresponding period to 31 December 2007 was $5.18m.

This Half-Year EBIT result is based on internal management accounts and is prior to impairment consideration and audit review.

At this stage EVZ expects to release its Half-Yearly Accounts on 27 February 2009.

EVZ Chairman, Mr Max Findlay noted:

“As previously advised at the Company’s Annual General Meeting in November 2008, the Company’s steel fabricating business, National Engineering, has been significantly impacted by the current economic conditions. Whilst National Engineering negatively contributed to the Half-Year operating result, Management has undertaken a restructure of this business with the objective of turning around its performance.

Despite this adverse economic climate and the tightening of margins all remaining businesses in the Group continue to operate profitably”.

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.