IGNITE LIMITED — Earnings Release 2008

Dec 22, 2008

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23 December 2008

PROFIT GUIDANCE HALF YEAR ENDING 31 DECEMBER 2008

The directors of Clarius Group Limited provide further guidance for the half ending 31 December 2008 of Net Profit After Tax (NPAT) in the range of $1.9M - $2.1M, before one off costs.

The Executive Chairman, Geoff Moles, said trading conditions deteriorated further in the last quarter. The contracting business across the company which represents approx 65% of Gross Margin has held up reasonably well whereas the Permanent recruitment business has deteriorated due to economic conditions and a contraction in hiring intentions of employers. Our strategy has been to significantly reshape the cost base of the business, focusing on efficiency, while at the same time, being passionate about customer satisfaction and service. Our trading businesses are in excellent shape with strong management but working in a very difficult market. Our back office has been reshaped in Financial Accounting and Shared Services to also improve efficiency and productivity. As a result so far we have taken out of the Clarius Group approx $4 million in costs on an annualized basis since beginning of November 2008 at a one off cost of approx $1.3M before tax.

The company continues to comply with its bank covenants.

On behalf of the Board, we 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 in recruitment are expected to be soft until the economy starts to show signs of improvement.

By order of the Board

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Nick Geddes Secretary

For further information contact Geoff Moles on 02 9250 8100