EVZ LIMITED — Earnings Release 2010

Jun 20, 2010

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EVZ 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.evz.com.au

21 June 2010

ASX RELEASE

Profit Guidance - For the year to 30[th] June 2010.

In accordance with the ASX’s continuous disclosure policy EVZ Limited (EVZ) provides the following update relating to the anticipated financial results for the year to 30 June 2010.

Amounts included in this profit guidance are subject to audit and are based on internal management reports.

During the second six months of the current financial year there have been significant cost overruns on three projects in the Danum Engineering (Danum) fabrication operation, which have impacted on the Group’s EBIT. Resulting losses on these projects will be fully recognised at 30 June 2010.

Following the recent retirement of the Danum General Manager, EVZ has taken the opportunity to re-organise the structure at Danum consistent with its goal of pursuing a merger of its Geelong based businesses; Brockman Engineering and Danum, with a view to promoting economies of scale, reduction of business risk and enhanced business opportunities.

The remaining EVZ businesses have performed to expectations.

The EVZ Group as a whole continues to operate in demanding economic conditions. The expected market improvement has yet to materialise with margins continuing to be severely impacted during the year. Trading has also been further compounded by constant and unexpected delays in the commencement of work in hand and extended lead times in the acceptance of tenders.

EVZ therefore forecasts that Earnings before Interest and Tax (EBIT) will be in the range of $1.3 to $1.6million for the year to 30 June 2010.

It is however pleasing to advise that the Group at end May 2010, has in hand approximately $40million in forward orders.

For further information, please contact: Andrew Powis Chief Executive Officer EVZ Limited Tel: +61 3 9670 4545 Mobile: 0418 564 466 E: andrew.powis@evz.com.au About EVZ Limited (ASX code: EVZ)

EVZ is an emerging industrial group with a portfolio of specialist businesses in the engineering services sector. EVZ operates in the areas of power, steel and water through their 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 organically through product and geographic expansion. Future acquisitions will target businesses which will consolidate the capabilities and market presence of the existing group businesses.

For further information, please visit: www.evz.com.au