EXCELSIOR CAPITAL LTD — Capital/Financing Update 2015

Feb 3, 2015

CMI Limited ABN 98 050 542 553 150 Robinson Road Geebung Qld 4034 Australia Postal address: PO Box 716 Virginia Qld 4014 Australia Telephone: (07) 3865 9969 Facsimile: (07) 3865 3677 Email: corporate@cmilimited.com.au Web: www.cmilimited.com.au

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4 February 2015

Australian Securities Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000

CMI Ltd Expects Half Year NPAT of $1.8m to $1.9m

CMI Limited is expecting a net profit after tax (NPAT) result for the six months to 31 December 2014 of between $1.8 million to $1.9 million.

This trading update is based on unaudited management accounts which are subject to finalisation by the Company and review by external auditors. The full interim results will be published by 19 February 2015.

CMI Executive Chairman, Mr Andrew Buckley, noted that:-

“We recognise profit is down on the previous corresponding period (December 2013 half year - $2.4m) due largely to the mining and resources slow down. However the result is well up on the immediately prior period (2H14FY) by between 59% to 68%. We remain confident that market activity for the electrical business in the second half of the year will continue to be near current levels.

Potential Divestment of TJM

In relation to the potential divestment of TJM, negotiations continue with interested parties and CMI remains confident that we should be in a position to close a transaction in the third quarter of FY15, but only if the value generated by the sale is at or above book value for the business.

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Contacts:

Mr Andrew Buckley Executive Chairman Mobile: +61 (0)412 059 526

About CMI (ASX: CMI): Established in 1991, and listed on the ASX in 1993, CMI Limited’s operations include the distribution of electrical cables and components for industrial and mining applications through CMI Electrical and the distribution of 4WD accessories via the TJM 4WD network throughout Australia and around the world.