FSA GROUP LIMITED — Earnings Release 2013

Feb 21, 2013

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FSA GROUP LIMITED

22 February 2013

FY2013 Half Year Results Announcement

FSA Group’s profit after tax attributable to members of the parent (PAT) for the half year ended 31 December 2012 was $4.3m. This result represents a 16% increase when compared to the half year ended 31 December 2011.

The key indicators compared to the previous corresponding period are:

• Revenue and income of $31.2m up 9%

• Profit before tax of $7.2m up 8%

• NTA backing/share of 39.2 cents up 8%

• EPS basic of 3.33 cents up 24%

• Net cash inflow from operating activities of $7.5m up 137%

• Dividend/share of 1.75 cents up 169%

Cash flow from operations

During the first half of the 2013 financial year, FSA Group achieved a significant uplift in cash flow from operations driven by long term annuity income from the increased number of clients administered. FSA Group expects client numbers will continue to grow during the 2013 financial year.

year.
	1HFY20111HFY20121HFY2013
Net cash inflowfrom operating activities	$2.8m$3.2m$7.5m

Dividends

The Directors have declared an interim fully franked dividend of 1.75 cents per share, with a record date of 5 March 2013 and payable on 20 March 2013.

Guidance

At the Annual General Meeting on 29 October 2012, FSA Group provided PAT guidance for the 2013 financial year of up 12% to 15% on the 2012 financial year. FSA Group now provides a revised guidance of PAT of between $9.9m to $10.4m up 16% to 22%.

This announcement should be read in conjunction with the Appendix 4D Half Year Report.

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Don Mackenzie Company Secretary

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

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

ASX Code: FSA