FSA GROUP LIMITED — Earnings Release 2008

Oct 13, 2008

FSA GROUP LIMITED

14 October 2008

Earnings Guidance FY2009 – PAT up 145%

FSA Group Limited wishes to provide guidance that Profit After Tax (attributable to members) for the year ended 30 June 2009 is anticipated to be in the range $6.4m to $6.6m, an increase of 145% on FY2008.

“The existing market conditions present a real opportunity to assist a greater number of clients with our range of debt solutions and direct lending services. The transition to direct lending has been a success with all lending divisions operating profitably. The positive impact on profit from the transition to direct lending will start to emerge in the second half of financial year 2009 and the full impact will be realised in financial year 2010” said Executive Director Tim Odillo Maher

The Market for September Quarter

• Consumer and small business debt at record levels

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• Personal Insolvencies up 13% on last year

• Bankruptcies up 6% on last year

• Debt Agreements up 36% on last year

FSA Group’s Unaudited Trading Performance for September Quarter

• A record September quarter in profitability

• Strong growth in all divisions

• Market share for Debt Agreements now 52%

• All lending divisions profitable

• Profit Before Tax (before minority interests) of $2.6 million

• Profit After Tax (attributable to members) of $1.6 million

Full details are provided in the Investor Presentation lodged with the ASX.

For and on behalf of the Board Tim Odillo Maher Executive Director

FSA Group Limited Head Office Level 3, 70 Phillip Street Sydney, NSW, 2000

Phone: (1300) 660 032 Fax: (1300) 660 050 info@fsaFSA Group.com.au

ASX Code: FSA