IGNITE LIMITED — Capital/Financing Update 2009

Dec 7, 2009

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8 December 2009

PROFIT GUIDANCE HALF YEAR ENDING 31 DECEMBER 2009

The directors of Clarius Group Limited provide guidance for the half year ending 31 December 2009 of Net Profit After Tax (NPAT) in the range of $1.1M - $1.4M, before one off costs. This is in line with the NPAT of $1.3M for the half year ending 30 June 2009. The NPAT for the previous corresponding half year ending 31 December 2008 was $1.9M.

The Managing Director, Geoff Moles, said we are seeing some positive signs that demand is finally increasing, although at this stage modestly. We have built a solid platform from which to move forward and the work that we have done to reduce the cost base has allowed us to remain profitable. Following the Institutional placement and rights issue we have significantly reduced our borrowings and interest cost.

The business is well positioned with capacity to grow and capitalise on an improvement in demand for contract and permanent recruitment without increasing our cost base.

The Board would like to thank the management team and all staff for their commitment and efforts in what has been a very difficult period.

Looking ahead economic conditions for recruitment are expected to improve as the economy starts to recover and grow.

By order of the Board

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Nick Geddes Secretary

For further information contact Geoff Moles on 02 9250 8100